Notice2024-11413
Submission for OMB Review; Comment Request; Extension: Rule 18a-6
Primary source
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Published
May 24, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 102 (Friday, May 24, 2024)</title>
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[Federal Register Volume 89, Number 102 (Friday, May 24, 2024)]
[Notices]
[Page 45932]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-11413]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-668, OMB Control No. 3235-0751]
Submission for OMB Review; Comment Request; Extension: Rule 18a-6
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
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 (``OMB'') a request for extension of the previously approved
collection of information discussed below.
Rule 18a-6, which is modeled on Rule 17a-4, establishes record
maintenance and preservation requirements for stand-alone and bank
security-based swap dealers (``SBSDs'') and major security-based swap
participants (``MSBSPs'') (collectively, ``SBS entities'').
Specifically, Rule 18a-6 prescribes the period of time the records
required to be made and kept current under Rule 18a-5 must be preserved
by stand-alone SBSDs and MSBSPs and the manner in which the records
must be preserved. Rule 18a-6 also identifies additional types of
records that must be preserved (e.g., written communications and
agreements relating to the firm's business) if the record is made or
received by the SBS entity.
The Commission estimates that the total hour burden under Rule 18a-
6 is approximately 15,626 burden hours per year, and the total cost
burden is approximately $1,349,098 per year. Since the last approval of
this information collection, the estimated total burden hours per year
has decreased due to a decrease in the number of respondents subject to
the requirements of the Rule. The estimated total cost burden per year,
however, increased due to changes in the number of respondents with
respect to certain provisions of Rule 18a-6.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information under the PRA unless it
displays a currently valid OMB 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 by June 24, 2024 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 John Pezzullo, 100 F
Street NE, Washington, DC 20549, or by sending an email to:
<a href="/cdn-cgi/l/email-protection#faaaa8bba5b79b9396989582ba899f99d49d958c"><span class="__cf_email__" data-cfemail="da8a889b8597bbb3b6b8b5a29aa9bfb9f4bdb5ac">[email protected]</span></a>.
Dated: May 20, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-11413 Filed 5-23-24; 8:45 am]
BILLING CODE 8011-01-P
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