Rule 18a-4 establishes customer
protection and segregation requirements for all firms required to
register with the SEC under the Dodd-Frank Wall Street Reform and
Consumer Protection Act of 2010 as security-based swap dealers and
major security-based swap participants. Customer protection and
segregation standards ensure that firms do not misappropriate
customer assets for their own or other unauthorized uses.
The ICs previously entered for
Rule 18a-4- Special Accounts, Rule 18a-4- Counterparty Notice, and
Rule 18a-4- Subordination Agreements, were removed and re-entered
in order to more clearly present the initial, one-time costs and
on-going costs for each burden. In addition, the burdens for each
of these has decreased from the proposed rule because the
requirements applicable to some respondents has been adopted under
a different OMB number (Rule 15c3-3 (OMB No. 3235-0033)), and we
have submitted revised burden estimates for that OMB number. Rule
18a-4(f)- Exemptions is new and is based on comments received on
the rule when it was proposed. This rule has three distinct ICs--
two for initial, one-time burdens (with different numbers of annual
responses), and one for ongoing costs.
$0
No
No
No
No
Yes
No
Uncollected
Nina Kostyukovsky 202
551-8833
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.