Rule 17f-6 (17 CFR 270.17f-6) under
the Investment Company Act of 1940 permits the custody of
investment company assets with futures commission
merchants.
US Code:
15 USC 80a-17(f) Name of Law: Investment Company Act of
1940
The change in the estimate of
burden hours from the previous PRA submission is attributable to a
change in the methodology used to calculate the number of funds
that rely on the rule. The previous estimate of 96 hours was based
upon the number of funds and fund complexes that had the ability to
engage in futures and commodity option transactions, while the
current estimate of 39 hours is based upon the number of funds and
fund complexes that currently effect futures and commodity option
transactions. The net change in burden hours is a decrease of 57
hours.
$0
No
No
No
No
No
Uncollected
Erin Loomis 202
551-6721
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.