Rule 15Ga-2 and Form ABS-15G

ICR 201504-3235-002

OMB: 3235-0675

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2015-04-11
ICR Details
3235-0675 201504-3235-002
Historical Active 201412-3235-008
SEC OCR-270-620
Rule 15Ga-2 and Form ABS-15G
Revision of a currently approved collection   No
Regular
Approved without change 05/14/2015
Retrieve Notice of Action (NOA) 04/11/2015
  Inventory as of this Action Requested Previously Approved
05/31/2018 36 Months From Approved 06/30/2017
1,482 0 810
28,453 0 189,068
2,205,095 0 25,209,047

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.

US Code: 15 USC 77z-3 Name of Law: Securities Act of 1933
   US Code: 15 USC 78c(b), 78l, 78m, 78o, 78o-7 Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78q, 78w(a), 78ll, 78mm Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 77e, 77f, 77g, 77j, 77s(a) Name of Law: Securities Act of 1933
   PL: Pub.L. 111 - 203 943 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
  
PL: Pub.L. 111 - 203 932 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act

3235-AL15 Final or interim final rulemaking 79 FR 55078 09/15/2014

No

3
IC Title Form No. Form Name
Rule 15Ga-2 and Form ABS-15G one-time reporting
Form ABS-15G annual reporting burden SEC 2860 Form ABS-15G
15Ga-2 and Form ABS-15G Annual Reporting

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 1,482 810 2,739 2,067 -4,134 0
Annual Time Burden (Hours) 28,453 189,068 40,981 -148,845 -52,751 0
Annual Cost Burden (Dollars) 2,205,095 25,209,047 -58 -19,845,904 -3,157,990 0
No
Yes
Miscellaneous Actions
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for securitizers to set up the mechanisms to make the initial disclosures required by Rule 15Ga-1, as this cost is no longer applicable; (ii) a one-time reporting burden increase of 33,600 hours due to the adoption of new Rule 15Ga-2 and the amendments to ABS Form-15G; and (iii) an increase in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.
04/11/2015


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