Prohibited Transaction Class
Exemption 75-1, Security Transactions with Broker-Dealers,
Reporting Dealers, and Banks
Extension without change of a currently approved collection
No
Regular
06/28/2022
Requested
Previously Approved
36 Months From Approved
08/31/2022
5,644
6,116
941
1,019
0
0
This class exemption from the
prohibited transaction provisions of ERISA permits certain banks,
registered broker-dealers, and reporting dealers in government
securities who are parties in interest to employee benefit plans to
engage in specified kinds of securities transactions with the
plans.
US Code:
29
USC 1108(b) Name of Law: Employee Retirement Income Security
Act of 1974
The Department has updated the
data inputs used to calculate the number of responses and
respondents. The Department has also updated the labor rate.
$0
No
No
No
No
No
No
No
James Butikofer 202 693-8434
Butikofer.James@dol.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.