Rule 17a-12; Reporting Requirements for OTC Derivatives Dealers.
Extension without change of a currently approved collection
No
Regular
10/08/2024
Requested
Previously Approved
36 Months From Approved
02/28/2025
6
4
540
360
138,900
92,600
Rule 17a-12 sets forth requirements for OTC derivatives dealers registered with the Commission to report financial and operational information to the Commission. Form X-17A-5IIB is the form used by OTC derivatives dealers to report this information.
US Code:
15 USC 78a
Name of Law: Securities Exchange Act of 1934
The estimated time burden increased from approximately 360 hours per year to approximately 540 hours per year and the estimated cost burden increased from approximately $92,600 per year to approximately $138,900 per year because the number of respondents subject to the rule increased from 2 to 3.
$0
No
No
No
No
No
No
No
Barry Huang 212 336-1063
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.
Form SEC 2430 Rule 17a-12; Reporting Requirements for OTC Derivatives Dealers.
89 FR 80969 (OMB 3235–0498).pdf
Rule 17a-12; Reporting Requirements for OTC Derivatives Dealers.