Federal Register #OMB Control No. 3235-0799

SEC Requests Public Comment on Extension of Rule 17Ad-27 Information Collection

The Securities and Exchange Commission (SEC) is requesting public comment on the proposed extension of an information collection under Rule 17Ad-27. - Government Buyer: - Securities and Exchange Commission (SEC), Office of FOIA Services - Scope and Requirements: - Applies to central matching service providers (CMSPs) exempt from registration as clearing agencies - CMSPs must establish and maintain policies and procedures for straight-through processing of securities transactions - CMSPs are required to submit annual reports to the SEC detailing their activities and progress - Estimated annual compliance burden is 37 hours per respondent CMSP - No OEMs, vendors, or specific products/services are being procured - This is a request for information and public comment, not a procurement of goods or services

Description

This notice from the Securities and Exchange Commission (SEC) announces a proposed extension of a currently approved information collection related to Rule 17Ad-27. The rule applies to entities providing matching services exempt from registration as clearing agencies, requiring them to establish policies to facilitate straight-through processing of securities transactions. The notice invites public comments on the information collection burden and utility, with an estimated annual burden of 37 hours per respondent CMSP.

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