Federal Register #OMB Control No. 3235-0807

SEC Request for Public Comment on Extension of Information Collection for Securities Act Rule 192

The Securities and Exchange Commission (SEC) is seeking public comment on the proposed extension of its information collection related to Securities Act Rule 192. - Government Buyer: - Securities and Exchange Commission (SEC) - OEMs and Vendors: - No OEMs or vendors are mentioned; this is not a procurement opportunity - Products/Services Requested: - Extension of information collection for Securities Act Rule 192 - No physical products or commercial services requested - Notable Requirements: - Rule 192 prohibits certain transactions involving conflicts of interest in asset-backed securities - Requires securitization participants to maintain internal compliance programs - Collection is mandatory and not publicly available - Estimated annual reporting burden: 31,606 hours - Estimated annual cost burden: $6,321,150 - SEC is seeking input to improve utility and reduce respondent burden - No contract value, period of performance, or product/service line items as this is not a procurement

Description

This notice from the Securities and Exchange Commission (SEC) pertains to the agency's information collection activities, specifically a proposed extension of the collection related to Securities Act Rule 192. The document invites public comment on this collection. Rule 192 prohibits certain transactions involving conflicts of interest in asset-backed securities and requires securitization participants to maintain internal compliance programs. The collection is mandatory and not publicly available, with an estimated annual burden of 31,606 hours and a cost burden of $6,321,150. Comments are invited to improve the collection's utility and reduce respondent burden.

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