Rule 17d-1 Applications regarding joint enterprises or arrangements and certain profit-sharing plans

Forms and Documents

Document Name	Status
3235-0562 30 Day Notice.pdf Supplementary Document	2020-07-09
3235-0562 60 Day Notice.pdf Supplementary Document	2020-07-09
Rule 17d-1Supporting Statement.pdf Supporting Statement A	2020-04-23

IC Document Collections

IC ID	Document Title	Status
35397	Rule 17d-1 Applications regarding joint enterprises or arrangements and certain profit-sharing plans	Modified

ICR Details

OMB Control No: 3235-0562	ICR Reference No: 202004-3235-020
Status: Active	Previous ICR Reference No: 201611-3235-021
Agency/Subagency: SEC	Agency Tracking No: IM-270-505
Title: Rule 17d-1 Applications regarding joint enterprises or arrangements and certain profit-sharing plans
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 08/13/2020
	Date Received in OIRA: 07/09/2020
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2023	36 Months From Approved	11/30/2020
Responses	23	0	18
Time Burden (Hours)	3,542	0	2,772
Cost Burden (Dollars)	2,142,013	0	1,676,358

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Abstract: Rule 17d-1 prohibits certain joint transactions unless an application regarding the transaction has been filed with the Commission and has been granted by order.

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Authorizing Statute(s): US Code: 15 USC 80a-17(d) Name of Law: Investment Company Act of 1940
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 25485	05/01/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 41262	07/09/2020
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Rule 17d-1 Applications regarding joint enterprises or arrangements and certain profit-sharing plans

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ICR Summary of Burden

	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	23	18	0	0	5	0
Annual Time Burden (Hours)	3,542	2,772	0	0	770	0
Annual Cost Burden (Dollars)	2,142,013	1,676,358	0	0	465,655	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: Rule 17d-1 has a current annual burden of 3,542 hours. The hour burden associated with rule 17d-1 has increased by a total of 770 hours to a total of 3,542 hours since our last analysis. The increase in estimated total annual burden hours associated with the rule is due to an increase in the number of funds that filed applications for exemption under rule 17d-1. The estimated cost burden of $1,676,358 has increased to $2,142,013. This increase in cost burden is due to an increase in the number of funds that filed applications for exemptions under rule 17d-1.

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Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 07/09/2020

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