View Information Collection Request (ICR) Package

Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.

View ICR - OIRA Conclusion

OMB Control No: 3235-0548	ICR Reference No: 202309-3235-018
Status: Active	Previous ICR Reference No: 202108-3235-009
Agency/Subagency: SEC	Agency Tracking No: IM-270-491
Title: Rule 35d-1 Investment Company Names
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: 12/20/2023
	Date Received in OIRA: 10/31/2023
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	12/31/2026	36 Months From Approved	01/31/2025
Responses	10,291	0	38
Time Burden (Hours)	772,505	0	760
Cost Burden (Dollars)	5,833,625	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	10,291	38	10,253
Annual Time Burden (Hours)	772,505	760	771,745
Annual Cost Burden (Dollars)	5,833,625	0	5,833,625

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 amendments to rule 35d-1 will result in a number of changes to the currently approved burden. The new recordkeeping requirements for funds that adopt an 80% policy will add an additional hour burden of 75 hours per year for 10,291 funds, or 771,825 hours annually. While we estimate that the per-response hour burden associated with the notice requirement would not change from the currently-approved per-response hour burden, we have revised the number of responses to the notice requirement down from 38 responses annually to 34 responses, based upon an updated assessment that a lower percentage (76%, rather than 83%) of funds have names that would be subject to the rule. The Commission estimates that there would be an external cost burden associated with rule 35d-1’s notice and recordkeeping requirements of $5,833,625 (an increase from the currently-approved estimate of $0).

Annual Cost to Federal Government: $0

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]? 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: Pamela Ellis 202 551-3506

Something went wrong when downloading this file. If you have any questions, please send an email to risc@gsa.gov.