Notice2025-20180
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 17a-3
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
November 18, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 90 Issue 220 (Tuesday, November 18, 2025)</title>
</head>
<body><pre>
[Federal Register Volume 90, Number 220 (Tuesday, November 18, 2025)]
[Notices]
[Page 51799]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-20180]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0033]
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Extension: Rule 17a-3
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 (SEC or ``Commission'') is submitting to the Office of
Management and Budget (``OMB'') this request for an extension of the
proposed collection of information in Rule 17a-3.
Rule 17a-3, 17 CFR 240.17a-3, under the Securities Exchange Act of
1934 establishes minimum standards with respect to business records
that broker-dealers registered with the Commission must make and keep
current. These records are maintained by the broker-dealer (in
accordance with a separate rule), so they can be used by the broker-
dealer and reviewed by Commission examiners, as well as other
regulatory authority examiners, during inspections of the broker-
dealer.
The collections of information included in Rule 17a-3 are necessary
to enable the Commission, self-regulatory organization (``SRO''), and
state examiners to conduct effective and efficient examinations to
determine whether broker-dealers are complying with relevant laws,
rules, and regulations. If broker-dealers were not required to create
these baseline, standardized records, Commission, SRO, and state
examiners could be unable to determine whether broker-dealers are in
compliance with the Commission's antifraud and anti-manipulation rules,
financial responsibility program, and other Commission, SRO, and State
laws, rules, and regulations.
The collection of information is mandatory and is confidential
subject to the provisions of the Freedom of Information Act (5 U.S.C.
552).
As of December 31, 2024 there were 3,342 broker-dealers registered
with the Commission. The Commission estimates that these broker-dealer
respondents incur a total hour burden of approximately 9,818,416 hours
per year to comply with Rule 17a-3.
In addition, Rule 17a-3 contains ongoing operation and maintenance
costs for broker-dealers, including the cost of postage to provide
customers with account information, and costs for equipment and systems
development. The Commission estimates that the total cost burden
associated with Rule 17a-3 would be approximately $138,852,510 per
year.
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 OMB Control Number.
The public may view and comment on this information collection
request at: <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202507-3235-017">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202507-3235-017</a> email comment to
<a href="/cdn-cgi/l/email-protection#38757a601677757a1677716a79166b7d7b675c5d4b5367575e5e515b5d4a7857555a165d5748165f574e"><span class="__cf_email__" data-cfemail="a1ece3f98feeece38feee8f3e08ff2e4e2fec5c4d2cafecec7c7c8c2c4d3e1ceccc38fc4ced18fc6ced7">[email protected]</span></a> within 30 days of the day
after publication of this notice, by December 19, 2025.
Dated: November 14, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-20180 Filed 11-17-25; 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 November 18, 2025.
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.