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View ICR - OIRA Conclusion

OMB Control No: 3235-0286	ICR Reference No: 202208-3235-012
Status: Historical Active	Previous ICR Reference No: 202107-3235-005
Agency/Subagency: SEC	Agency Tracking No: CF 270-110
Title: Regulation A (Form 1-A): Small Issuer exemption from registration under the Securities Act and its attendant form.
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 09/23/2022
Retrieve Notice of Action (NOA)	Date Received in OIRA: 08/11/2022
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2024	36 Months From Approved	09/30/2024
Responses	205	0	205
Time Burden (Hours)	111,887	0	111,885
Cost Burden (Dollars)	15,010,702	0	15,010,502

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	205	205	0
Annual Time Burden (Hours)	111,887	111,885	2
Annual Cost Burden (Dollars)	15,010,702	15,010,502	200

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

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

Burden Reduction Due to:

Short Statement: The rules revise the statistical disclosures for banking registrants by updating and codifying certain Guide 3 disclosures and eliminate other Guide 3 disclosures that overlap with Commission rules, U.S. Generally Accepted Accounting Principles, or International Financial Reporting Standards. In addition, the rules relocate the codified disclosures to a new subpart of Regulation S-K and rescind Guide 3. The Commission anticipates the rules will result in a small increase in the required disclosure and the related burdens and costs for these registrants to prepare and review the collections of information. For purposes of the Paperwork Reduction Act, we estimate that the rules will result in a net increase of two burden hours and a net increase in the cost burden of $200 for the services of outside professionals on Form 1-A.

Annual Cost to Federal Government: $125,800,170

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. Yes

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

Agency Contact: John Fieldsend 202 551-3343