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OMB Control No: 7100-0003	ICR Reference No: 201412-7100-014
Status: Historical Active	Previous ICR Reference No: 201412-7100-013
Agency/Subagency: FRS	Agency Tracking No: FR 2004
Title: Government Securities Dealers Reports
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Delegated
OIRA Conclusion Action: Approved without change	Conclusion Date: 12/23/2014
	Date Received in OIRA: 12/23/2014
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2017	36 Months From Approved	01/31/2016
Responses	10,274	0	9,218
Time Burden (Hours)	20,790	0	18,860
Cost Burden (Dollars)	0	0	0

Abstract: The Federal Reserve Bank of New York (FRBNY), on behalf of the Federal Reserve, collects data from primary dealers in the U.S. government securities market. Filing of these data is required to obtain the benefit of primary dealer status. The Federal Reserve uses these data to monitor the condition of the U.S. government securities market in its Treasury market surveillance and analysis of the market and to assist and support the U.S. Department of the Treasury (Treasury) in its role as fiscal agent for Treasury financing operations. In addition, these data are helpful in the analysis of broad financial conditions and a range of financial stability issues.

Authorizing Statute(s): US Code: 12 USC 263c Name of Law: Federal Reserve Act
   US Code: 12 USC 353-359 Name of Law: Federal Reserve Act
   US Code: 12 USC 391 Name of Law: Federal Reserve Act
   US Code: 5 USC 552(b)(4) Name of Law: Freedom of Information Act
   US Code: 5 USC 552(b)(8) Name of Law: Freedom of Information Act
   US Code: 12 USC 225a Name of Law: Federal Reserve Act

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 57101	09/24/2014
30-day Notice:	Federal Register Citation:	Citation Date:
	79 FR 74088	12/15/2014
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	10,274	9,218	1,056
Annual Time Burden (Hours)	20,790	18,860	1,930
Annual Cost Burden (Dollars)	0	0	0

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

Burden Increase Due to: Miscellaneous Actions

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

Burden Reduction Due to:

Short Statement: The current annual burden for the FR 2004 is estimated to be 18,860 hours. While the new information requested is readily available to the respondents, significant programming and other resources are required to implement and maintain the proposed changes. In addition, the increased burden would not affect each primary dealer equally as some dealers have only a minimal if any presence in the new asset classes such as Agency MBS and ABS, which would require only minor implementation costs. The proposed new and revised data items would increase the estimated average hours per response for the FR 2004 reports as follows: the FR 2004A would increase from 2.8 hours to 3.0 hours; the FR 2004B would increase from 3.5 hours to 3.7 hours; the FR 2004C would increase from 3.0 hours to 3.1 hours; the FR 2004SI and SD would increase from 2.1 hours to 2.2 hours; the new FR 2004FA, FB, and FC would be 1.0 hour each; and the new FR 2004FM would be 1.5 hours. Average time per response would remain unchanged for the FR 2004SD ad hoc and WI. Based on the proposed revisions, the total annual burden would increase by 1,930 hours to 20,790 hours. The burden for the FR 2004SD ad hoc is different than the burden published in the Federal Register notice because the frequency was incorrect at the time of publishing.

Annual Cost to Federal Government: $700,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? 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? Uncollected

Agency Contact: Mark Tokarski 202-452-5241 Mark.E.Tokarski@frb.gov

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