Government Securities Dealers Reports

OMB Control No: 7100-0003	ICR Reference No: 202106-7100-012
Status: Active	Previous ICR Reference No: 202106-7100-010
Agency/Subagency: FRS	Agency Tracking No: FR 2004
Title: Government Securities Dealers Reports
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 06/14/2021
Retrieve Notice of Action (NOA)	Date Received in OIRA: 06/14/2021
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2024	36 Months From Approved	06/30/2021
Responses	11,568	0	11,568
Time Burden (Hours)	24,721	0	23,473
Cost Burden (Dollars)	0	0	0

---

Abstract: This information collection is comprised of the: Weekly Report of Dealer Positions (FR 2004A), Weekly Report of Cumulative Dealer Transactions (FR 2004B), Weekly Report of Dealer Financing and Fails (FR 2004C), Weekly Report of Specific Issues (FR 2004SI), Daily Report of Specific Issues (FR 2004SD), Supplement to the Daily Report of Specific Issues (FR 2004SD ad hoc),1 Daily Report of Dealer Activity in Treasury Financing (FR 2004WI), Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class A (FR 2004FA), Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class B (FR 2004FB), Settlement Cycle Report of Dealer Fails and Transaction Volumes: Class C (FR 2004FC), and Settlement Cycle Report of Dealer Fails and Transaction Volumes (FR 2004FM). The Federal Reserve Bank of New York (FRBNY), on behalf of the Federal Reserve System, collects data from primary dealers in the U.S. government securities market. Filing of these data is required to obtain the benefit of primary dealer status. The Federal Reserve uses these data to (1) monitor the condition of the U.S. government securities market in its Treasury market surveillance and analysis of the market and (2) assist and support the U.S. Department of the Treasury (Treasury) in its role as fiscal agent for Treasury financing operations. In addition, these data are used in the analysis of broad financial conditions and a range of financial stability issues.

---

Authorizing Statute(s): US Code: 12 USC 225a Name of Law: Federal Reserve Act    US Code: 12 USC 263c Name of Law: Federal Reserve Act    US Code: 12 USC 353-359 Name of Law: Federal Reserve Act    US Code: 12 USC 391 Name of Law: Federal Reserve Act

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 80786	12/14/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	86 FR 23966	05/05/2021
Did the Agency receive public comments on this ICR? Yes

---

Number of Information Collection (IC) in this ICR: 11

IC Title Form No. Form Name FR 2004A FR 2004A Weekly Report of Dealer Positions FR 2004B FR 2004B Weekly Report of Cumulative Dealer Transactions FR 2004C FR 2004C Weekly Report of Dealer Financing and Fails FR 2004FA FR 2004FA Settlement Cycle Report of Dealer Fails and Transaction Volumes Class A FR 2004FB FR 2004FB Settlement Cycle Report of Dealer Fails and Transaction Volumes Class B FR 2004FC FR 2004FC Settlement Cycle Report of Dealer Fails and Transaction Volumes Class C FR 2004FM FR 2004FM Settlement Cycle Report of Dealer Fails and Transaction Volumes FR 2004SD FR 2004SD Daily Report of Specific Issues FR 2004SD ad hoc FR 2004SI FR 2004SI Weekly Report of Specific Issues FR 2004WI FR 2004WI Daily Report of Dealer Activity in Treasury Financing

---

ICR Summary of Burden

	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	11,568	11,568	0	0	0	0
Annual Time Burden (Hours)	24,721	23,473	0	1,248	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The estimated total annual burden for the FR 2004 is 23,473 hours, and would increase to 24,721 hours with the revisions. The estimated average hours per response for the FR 2004C would increase from 3.1 hours to 4.1 hours.

---

Annual Cost to Federal Government: $700,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

Agency Contact: Mark Tokarski 202-452-5241 [email protected]

---

Common Form ICR:  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:
		(a) It is necessary for the proper performance of agency functions;
		(b) It avoids unnecessary duplication;
		(c) It reduces burden on small entities;
		(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
		(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
		(f) It indicates the retention periods for recordkeeping requirements;
		(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
			(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;
		(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
		(i) It uses effective and efficient statistical survey methodology (if applicable); and
		(j) It makes appropriate use of information technology.
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.
Certification Date: 06/14/2021

---