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OMB Control No: 3235-0785	ICR Reference No: 202104-3235-024
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: SEC	Agency Tracking No:
Title: Rule 18a-10 - Alternative compliance mechanism for security-based swap dealers that are registered as swap dealers and have limited security-based swap activities
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule	Conclusion Date: 07/29/2021
	Date Received in OIRA: 05/05/2021
Terms of Clearance: OMB files this comment in accordance with 5 CFR 1320.11( c ). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR). The agency shall examine public comment in response to the NPRM and will describe in the supporting statement of its next collection any public comments received regarding the collection as well as why (or why it did not) incorporate the commenter’s recommendation. The next submission to OMB must include the draft final rule.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date		36 Months From Approved
Responses	0	0	0
Time Burden (Hours)	0	0	0
Cost Burden (Dollars)	0	0	0

Abstract: Rule 18a-10 establishes an alternative compliance mechanism under which a stand-alone security-based swap delaer that is also registered as a swap dealer and that predominantly engages in a swaps business may elect to comply with the captial, margin, segregation and recordkeeping requirements of the Commodity Exchange Act and the rules thereunder applicable to swap dealers in lieu of complying with Rules 18a-1, and 18a-3 through 18a-9. NOTE: The information collection in Rule 18a-10 was previously reviewed and approved as part of the information collection for Rule 18a-3 (3235-0702). However, the Commission is making a minor revision to the collections in Rule 18a-10 in connection with a subsequent amendment to the rule, and we are requesting a separate OMB number for Rule 18a-10.

Authorizing Statute(s): US Code: 15 USC 78a et seq Name of Law: Securities Exchange Act of 1934

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3235-AL12	Proposed rulemaking	84 FR 68550	12/16/2019

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

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: All but one of the burdens in this information collection were previously reviewed and approved as part of OMB No. 3235-0702 and, other than being moved to a new OMB number, are unchanged. However, the Commission made a subsequent amendment to the rule that resulted in a minor (rounded up to one hour) increase in the total burden. The amendment to Rule 18a-10 that resulted in the increase in burden was not proposed; it was added in response to comments on the 2019 proposal. The change is discussed more in Item 15 of the Supporting Statement.

Annual Cost to Federal Government:

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. No

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]? Yes

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: Abraham Jacob 202 551-5583

View ICR - OIRA Conclusion