OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Rule 17a-4; Records to be Preserved by Certain Exchange Members, Brokers and Dealers

ICR 201910-3235-004 · OMB 3235-0279 · Active

Forms and Documents
DocumentTypeStatusAvailability
60 Day Notice 3235-0279.pdf Supplementary Document Uploaded 2019-10-22 Available
30 Day Notice 3235-0279.pdf Supplementary Document Uploaded 2019-10-22 Repair queued
17a-4 supporting statement.docx Supporting Statement A Uploaded 2019-10-04 Available
IC Document Collections
IC IDCollectionTypeStatusForm
34755 Rule 17a-4; Records to be Preserved by Certain Exchange Members, Brokers and Dealers Modified
231799 Rule 17a-4(e)(10), Maintenance of Records in Connection with Rule 17a-14 and Form CRS Unchanged
231798 Rule 17a-4(e)(5), Ongoing Recordkeeping in Connection with Regulation Best Interest Unchanged
231797 Rule 17a-4(e)(5), New or Modified Documents Being Added to a Record Retention System in Connection with Regulation BI Unchanged
209189 Rule 17a-4(b)(11) Record preservation requirements Modified
ICR Details
3235-0279 201910-3235-004
Active 201908-3235-003
SEC TM-270-198
Rule 17a-4; Records to be Preserved by Certain Exchange Members, Brokers and Dealers
Extension without change of a currently approved collection   No
Regular
Approved without change 12/09/2019
Retrieve Notice of Action (NOA) 10/22/2019
  Inventory as of this Action Requested Previously Approved
12/31/2022 36 Months From Approved 09/30/2021
1,084,643,842 0 1,084,644,132
9,978,396 0 10,064,606
18,820,000 0 20,520,000
Rule 17a-4 requires certain records to be maintained by certain exchange members and registered brokers and dealers.
US Code: 15 USC 78b, 78c, 78o, 78o-4, 78q, 78w Name of Law: Sections 2, 3, 15, 15B, 17 and 23 of the Securities Exchange Act of 1934
  
None
Not associated with rulemaking
  84 FR 35701 07/24/2019
84 FR 51692 09/30/2019
No
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,084,643,842 1,084,644,132 0 -290 0 0
Annual Time Burden (Hours) 9,978,396 10,064,606 0 -86,210 0 0
Annual Cost Burden (Dollars) 18,820,000 20,520,000 0 -1,700,000 0 0
Yes
Miscellaneous Actions
Yes
Miscellaneous Actions
The burden increased largely because of the adoption of Regulation Best Interest and Rule 17a-14, which added the new requirements in Rule 17a-4(e)(5) and Rule 17a-4(e)(10), adding 9,021,740 burden hours. The number of registered broker-dealers has declined from 4,104 to 3,764, reducing the overall burden for all broker-dealers as a result. Additionally, the estimated number of internal broker-dealer systems has increased from 150 to 200, which has increased the burden hours associated with internal broker-dealer systems.
$0
No
    No
    No
No
No
No
Uncollected
Abraham Jacob 202 551-5583
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/22/2019