View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 1210-0059	ICR Reference No: 198612-1210-002
Status: Historical Active	Previous ICR Reference No: 198607-1210-001
Agency/Subagency: DOL/EBSA	Agency Tracking No:
Title: PROHIBITED TRANSACTION CLASS EXEMPTION 79-1 AND RECAPTURE EXEMPTION
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: 02/12/1987
	Date Received in OIRA: 12/19/1986
Terms of Clearance: The "Prohibited Transaction Class Exemption 79-1 and Recapture Exemption" paperwork package is approved through February 1988. Any subsequent request for OMB approval of these paperwork requirements should be accompanied by a full justification of the need, purpose, and practical utility for a reporting requirement for portfolio turnover calculations. OMB is still concerned about the need for such a reporting requirement given from the broker-dealer in the normal course of business.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/1988	02/28/1988	03/31/1987
Responses	318,500	0	707,290
Time Burden (Hours)	63,038	0	141,458
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	318,500	707,290	-388,790
Annual Time Burden (Hours)	63,038	141,458	-78,420
Annual Cost Burden (Dollars)	0	0	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: Yes

Burden Reduction Due to:

Short Statement:

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