Investment Company Act rule 17a-7, 17 C.F.R. Section 270.17a-7 Exemption of Certain Purchase or Sale Transactions Between an Investment Company and Certain Affiliated Persons Thereof.

ICR 202008-3235-004

OMB: 3235-0214

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2020-12-10
Supplementary Document
2020-12-10
Supporting Statement A
2020-08-12
ICR Details
3235-0214 202008-3235-004
Received in OIRA 201706-3235-027
SEC IM-270-238
Investment Company Act rule 17a-7, 17 C.F.R. Section 270.17a-7 Exemption of Certain Purchase or Sale Transactions Between an Investment Company and Certain Affiliated Persons Thereof.
Extension without change of a currently approved collection   No
Regular 12/10/2020
  Requested Previously Approved
36 Months From Approved 02/28/2021
6,016 6,680
2,616 2,893
4,412,362 4,837,925

Rule 17a-7 requires various records to be kept in connection with certain purchase or sale transaction between registered investment companies and certain of their affiliates to facilitate the Commission's monitoring of transactions executed under the rule.

US Code: 15 USC 80a-17a Name of Law: Investment Company Act of 1940
  
None

Not associated with rulemaking

  85 FR 61793 09/30/2020
85 FR 79251 12/09/2020
No

1
IC Title Form No. Form Name
Exemption of Certain Purchase or Sale Transactions Between an Investment Company and Certain Affiliated Persons Thereof.

  Total Request 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 6,016 6,680 0 0 -664 0
Annual Time Burden (Hours) 2,616 2,893 0 0 -277 0
Annual Cost Burden (Dollars) 4,412,362 4,837,925 0 0 -425,563 0
No
No
The estimated burden hours associated with rule 17a-7 has decreased from 2,893 burden hours to 2,616 burden hours. This decrease of 277 hours is primarily due to a decrease in the number of existing funds and a decrease in the number of new funds each year.

$0
No
    No
    No
No
No
No
No
Zeena Abdul-Rahman 202 551-4099

  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.
12/10/2020


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