Notice2021-23154
Submission for OMB Review; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 25, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 203 (Monday, October 25, 2021)</title>
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[Federal Register Volume 86, Number 203 (Monday, October 25, 2021)]
[Notices]
[Page 58970]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-23154]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-620, OMB Control No. 3235-0675]
Submission for OMB Review; Comment Request
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Extension:
Rule 15Ga-2 and Form ABS-15G
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget this request for extension of the previously approved
collection of information discussed below.
Rule 15Ga-2 and Form ABS-15G (17 CFR 249.1400) is used for reports
of information required under Rule 15Ga-1 and Rule 15Ga-2 (17 CFR
240.15Ga-1) (17 CFR 240.15Ga-2) of the Exchange Act of 1934 (``Exchange
Act''). Exchange Act Rule 15Ga-1 requires asset-backed securitizers to
provide disclosure regarding fulfilled an unfulfilled repurchase
requests with respect to asset-backed securities. The purpose of the
information collected on Form ABS-15G is to implement the disclosure
requirements of Section 943 of the Dodd-Frank Wall Street Reform and
Consumer Protection Act to provide information regarding the use of
representations and warranties in the asset-backed securities markets.
Rule 15Ga-1 had a one-time reporting requirement that expired on
February 14, 2012. We estimate that approximately 1,343 securitizers
will file Form ABS-15G annually at estimated (19.307 hours) burden
hours per response. In addition, we estimate that 75% of the 19.307
hours per response (14.48 hours) is carried internally by the
securitizers for a total annual reporting burden of 19,447 hours (14.48
hours per response x 1,343 responses).
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
The public may view background documentation for this information
collection at the following website: <a href="http://www.reginfo.gov">www.reginfo.gov</a>. Find this
particular information collection by selecting ``Currently under 30-day
Review--Open for Public Comments'' or by using the search function.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to (i) <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a> and (ii) David Bottom,
Director/Chief Information Officer, Securities and Exchange Commission,
c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or by
sending an email to: <a href="/cdn-cgi/l/email-protection#82d2d0c3ddcfe3ebeee0edfac2f1e7e1ace5edf4"><span class="__cf_email__" data-cfemail="9fcfcddec0d2fef6f3fdf0e7dfecfafcb1f8f0e9">[email protected]</span></a>.
Dated: October 19, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-23154 Filed 10-22-21; 8:45 am]
BILLING CODE 8011-01-P
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