Federal Register #OMB Control No. 3235-0625

SEC Seeks Public Comment on Extension of Rule 17g-1 and Form NRSRO Information Collection

The Securities and Exchange Commission (SEC) is seeking public comment on the extension of its information collection requirements for Rule 17g-1 and Form NRSRO. - Government Buyer: - Securities and Exchange Commission (SEC) - Purpose: - Extension of information collection under OMB Control No. 3235-0625 - Covers registration and ongoing disclosure requirements for Nationally Recognized Statistical Rating Organizations (NRSROs) - Products/Services Requested: - Regulatory information collection (no physical products or IT services) - Estimated annual burden: 2,322 hours - Estimated industry-wide external cost: $4,840 - Unique/Notable Requirements: - Public comment requested on necessity, accuracy, and burden of the collection - No OEMs, vendors, or commercial products involved; this is a regulatory compliance activity - No product or service procurement is taking place; this is a notice for regulatory information collection only

Description

This notice from the Securities and Exchange Commission (SEC) announces a proposed extension of the currently approved collection of information under OMB Control No. 3235-0625. The collection involves Rule 17g-1 and Form NRSRO, which set forth the process for registration as a Nationally Recognized Statistical Rating Organization (NRSRO) and ongoing disclosure requirements. The SEC is soliciting public comments on the necessity, accuracy, and burden of this information collection. The estimated annual burden for respondents is 2,322 hours with an industry-wide external cost of $4,840.

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