The Securities and Exchange Commission
has voted to propose a rule creating a new process by which
municipal advisors must register with the SEC. Form MA-T must be
filed by a municipal advisor by October 1, 2010, to be temporarily
registered with the Commission, and therefore satisfy temporarily
the registration requirement contained in Section 975 of the
Dodd-Frank Wall Street Reform and Consumer Protection Act. The
temporary rule will expire by no later than Dec. 31, 2011.
US Code:
15
USC 78o-4 Name of Law: Securities Exchange Act of 1934
PL: Pub.L. 111 - 203 975 Name of Law:
Dodd-Frank Wall Street Reform and Consumer Protection Act
The agencys adjustment that
resulted in a decrease of an annual estimated 1,000 hours in this
information collection was due to the inadvertent inclusion within
the hourly burden of certain outside counsel costs that were also
properly included within the cost estimate in the previous
information collection. We anticipate the total annual burden of
the information collection will be 3,000 hours.
$0
No
No
No
Yes
No
Uncollected
Steve Kuan 2025515624
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.