Federal Register #OMB Control No. 3235-0628

SEC Requests Public Comment on Extension of Rule 17g-2 Information Collection

The Securities and Exchange Commission (SEC) is seeking public comment on the extension of Rule 17g-2 information collection requirements. - Government Buyer: - Securities and Exchange Commission (SEC) - Office of Management and Budget (OMB) review - Products/Services Requested: - No products or OEMs are requested - Regulatory compliance: Nationally Recognized Statistical Rating Organizations (NRSROs) must make and retain business records - Estimated annual burden: 3,883 hours for respondents - Unique Requirements: - Focused on information collection and record retention for NRSROs - Prescribes specific time periods and manner for record retention - Public comment is requested on the extension of these requirements - No vendors, OEMs, or commercial products are involved; this is a regulatory notice

Description

This notice from the Securities and Exchange Commission (SEC) announces the submission for Office of Management and Budget (OMB) review of the extension of Rule 17g-2 under the Paperwork Reduction Act. Rule 17g-2 requires Nationally Recognized Statistical Rating Organizations (NRSROs) to make and retain certain business records. The SEC is requesting public comments on the extension of this information collection, which involves an estimated annual burden of 3,883 hours for the respondents.

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