Notice2026-01306
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Request for a New OMB Control Number: Cost of AML/CFT Compliance Survey
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
January 23, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 15 (Friday, January 23, 2026)</title>
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[Federal Register Volume 91, Number 15 (Friday, January 23, 2026)]
[Notices]
[Page 2986]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-01306]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-XXXX]
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Request for a New OMB Control Number: Cost of
AML/CFT Compliance Survey
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 a new OMB Control Number
for the proposed collection of information. The collection of
information is in the form of a survey and will seek information on
Bank Secrecy Act (``BSA'') \1\ Anti-Money Laundering (``AML'')/
Countering the Financing of Terrorism (``CFT'') compliance costs and
related topics. The collection of information is voluntary. The purpose
of the collection of information is to better understand the cost of
AML/CFT compliance for entities registered with the Commission that
have AML/CFT obligations under the BSA. The information collected will
help assess the cumulative impact of BSA AML/CFT regulations and may
inform efforts to adjust regulatory obligations and advance
deregulatory proposals consistent with the executive orders of the
Trump administration. The data may also support the development of
deregulatory rulemakings or guidance to reduce compliance burden
without compromising the effectiveness of current AML/CFT frameworks.
Subject to the provisions of the Freedom of Information Act, 5 U.S.C.
552, and the Commission's rules thereunder (17 CFR 200.80(b)(4)(iii)),
the Commission will not generally publish or make available information
contained in any reports, summaries, analyses, letters, or memoranda
arising out of this collection. As such, individual responses to the
survey will not be made publicly available and will not be used for
examination or enforcement purposes.
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\1\ 31 U.S.C. 5311 et seq.
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There are approximately 3,289 registered broker-dealers and 1,355
registered mutual funds. The staff estimates that the average amount of
time necessary to complete the survey will be eight hours. Each
respondent choosing to respond would only need to complete the survey
once. The total burden, if all respondents reply, would therefore be
37,152 hours.
Interested members of the public may view the proposed survey on at
the following web page: <a href="https://www.sec.gov/files/sec-bsa-aml-cft-burden-survey.pdf">https://www.sec.gov/files/sec-bsa-aml-cft-burden-survey.pdf</a>.
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=202601-3235-009">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202601-3235-009</a> or email comment to
<a href="/cdn-cgi/l/email-protection#4a07081264050708640503180b64190f09152e2f392115252c2c23292f380a252728642f253a642d253c"><span class="__cf_email__" data-cfemail="90ddd2c8bedfddd2bedfd9c2d1bec3d5d3cff4f5e3fbcffff6f6f9f3f5e2d0fffdf2bef5ffe0bef7ffe6">[email protected]</span></a> within 30 days of the day
after publication of this notice, by February 23, 2026.
Dated: January 21, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-01306 Filed 1-22-26; 8:45 am]
BILLING CODE 8011-01-P
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</html>Indexed from Federal Register on January 23, 2026.
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