Form ABS-15G is used for reports of
information required under Rule 15Ga-1 of the Exchange Act of 1934.
Exchange Act Rule 15Ga-1 requires asset-backed securitizers to
provide disclosure regarding fulfilled and unfulfilled repurchase
requests with respect to asset-backed securities.
The changes in burden are: (i)
a reduction in burden of 172,530 hours due to the one-time internal
burden for securitizers to set up the mechanisms to make the
initial disclosures required by Rule 15Ga-1, as this cost is no
longer applicable; (ii) a one-time reporting burden increase of
33,600 hours due to the adoption of new Rule 15Ga-2 and the
amendments to ABS Form-15G; and (iii) an increase in ongoing annual
reporting burden of 715 annual hours due to the adoption of new
Rule 15Ga-2 and the amendments to Form ABS-15G.
$100,000
No
No
No
Yes
No
Uncollected
Christian Broadbent 202 551-2811
broadbentc@sec.gov
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.