# Federal Register #2026-20056

SEC request to extend Rule 10c-1a securities-lending information collections

**Buyer:** Securities and Exchange Commission
**Posted:** September 30, 2026
**Identifier:** 2026-20056

The Securities and Exchange Commission (SEC) is seeking Office of Management and Budget (OMB) approval to extend Rule 10c-1a information collections; this is a regulatory notice, not a procurement opportunity.
- Government entities and organizations
  - Government agency: Securities and Exchange Commission (SEC); the notice does not identify a specific SEC office or sub-agency.
  - OMB is asked to approve the extension of the information collections.
  - FINRA is identified as the only registered national securities association (RNSA) currently operating.
- Requirements under Rule 10c-1a
  - Covered persons, directly or through reporting agents, report specified information about covered securities loans to an RNSA.
  - The RNSA collects the data, assigns unique identifiers, publicly disseminates certain loan information, and retains and makes information available as required.
  - The stated purpose is to improve transparency and price discovery in securities lending and reduce information gaps.
- Estimated initial annual information-collection burdens
  - Covered persons that provide information: 259,000 hours for systems development and monitoring.
  - Covered persons that do not provide information: 121,000 hours for systems development and monitoring, plus 2,420 hours for written agreements with reporting agents.
  - Reporting agents: 128,000 hours for systems development and monitoring; 1,280 hours for written agreements with non-providing covered persons; and 42 hours for agreements with an RNSA.
  - RNSA: 3,641 annualized hours for infrastructure development.
- Estimated ongoing annual information-collection burdens
  - Covered persons that provide information: 349,650 hours.
  - Covered persons that do not provide information: 163,350 hours for systems development and monitoring.
  - Reporting agents: 172,800 hours for systems development and monitoring and 6,656 hours for record preservation.
  - RNSA: 7,739.5 hours for infrastructure and compliance and 52 hours for information retention.
- No products, quantities, part numbers, or services are being solicited.

### Description

The Securities and Exchange Commission is seeking approval from the Office of Management and Budget to extend the previously approved information collections under Rule 10c-1a. The rule requires covered persons to report specified data about securities loans to a registered national securities association, and requires the association to collect and publicly disseminate certain information. The notice describes the estimated information-collection burdens for covered persons, reporting agents, and registered national securities associations. Comments are requested within 30 days after publication, by November 2, 2026.

[View original listing](https://www.federalregister.gov/documents/2026/09/30/2026-20056/agency-information-collection-activities-submission-for-omb-review-comment-request-extension-rule)