Rule 17f-2 (17 CFR 270.17f-2)
under the Investment Company Act of 1940, Custody of Investments by
Registered Management Investment Company.
Extension without change of a currently approved collection
No
Regular
11/10/2021
Requested
Previously Approved
36 Months From Approved
02/28/2022
178,242
200,644
45,384
51,912
10,699,278
7,940,888
Rule 17f-2 establishes safeguards for
arrangements in which a registered management investment company is
deemed to maintain custody of its own assets, such as when the
company maintains assets in a facility that provides safekeeping
but not custodial services.
US Code:
15
USC 80a Name of Law: Investment Company Act of 1940
The estimated total annual hour
burden for rule 17f-2 has decreased from 51,912 hours to 45,384
hours. The estimated total annual burden cost has increased from
13.5 million to 13.8 million. The estimated total annual external
cost has increased from approximately $7.9 million to approximately
$10.7million. The total annual hour burden has decreased due to a
decrease in the amount of funds filing Form N-17f-2 (and thus are
subject to the rule) during the reporting period. Changes to the
estimated total annual cost to the hour burden are based upon
inflation adjustments to the relevant salary estimates. The
estimated total annual external costs have increased for similar
reasons and to correctly reflect the expense of outside
professional services.
$0
No
No
No
No
No
No
No
Bradley Gude 2025515590
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.