Notice2024-13173
Submission for OMB Review; Comment Request; Extension: Rule 18a-9
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
June 14, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 89 Issue 116 (Friday, June 14, 2024)</title>
</head>
<body><pre>
[Federal Register Volume 89, Number 116 (Friday, June 14, 2024)]
[Notices]
[Page 50652]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-13173]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-771, OMB Control No. 3235-0752]
Submission for OMB Review; Comment Request; Extension: Rule 18a-9
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 approval of extension of the
previously approved collection of information provided for in Rule 18a-
9, under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.).
Rule 18a-9, which is modeled on Exchange Act Rule 17a-13,
establishes a securities count program for security-based swap dealers
not dually registered as a broker-dealer or regulated by a prudential
regulator (``stand-alone SBSDs''). Specifically, Rule 18a-9 requires
stand-alone SBSDs to examine and count the securities they physically
hold, account for the securities that are subject to their control and
direction but are not in their physical possession, verify the
locations of securities under certain circumstances, and compare the
results of the count and verification with their records.
Stand-alone SBSDs are required to perform a securities count each
quarter, either as of a date certain or on a cyclical basis. Rule 18a-9
requires stand-alone SBSDs to note any discrepancies between the count
and the firm's records, and to record in the firm's record any
discrepancies that remain unresolved seven business days after the date
of the examination, count, and verification.
The Commission estimates that the total hour burden under Rule 18a-
9 is approximately 1,100 hours per year. Since the last approval of
this information collection, the estimated total burden hours per year
has increased due to an increase in the estimated number of respondents
subject to the requirements of the Rule.
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 July 15, 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#326260736d7f535b5e505d4a724157511c555d44"><span class="__cf_email__" data-cfemail="643436253b29050d08060b1c241701074a030b12">[email protected]</span></a>.
Dated: June 11, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-13173 Filed 6-13-24; 8:45 am]
BILLING CODE 8011-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on June 14, 2024.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.