View Information Collection Request (ICR) Package

OMB Control No: 3235-0328	ICR Reference No: 202311-3235-020
Status: Historical Inactive	Previous ICR Reference No: 202112-3235-003
Agency/Subagency: SEC	Agency Tracking No: EBO 270-291
Title: Form ID
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 12/22/2023
	Date Received in OIRA: 11/17/2023
Terms of Clearance: OIRA will review the ICR again upon finalization of the rule.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2025	36 Months From Approved	02/28/2025
Responses	57,329	0	57,329
Time Burden (Hours)	17,199	0	17,199
Cost Burden (Dollars)	0	0	0

Abstract: Form ID will be used to determine whether to allow applicants to make filings on EDGAR, and, where access is granted, to establish and maintain the filer's EDGAR account.

Authorizing Statute(s): US Code: 15 USC 77f, 77g, 77h, 77j, 77s(a) Name of Law: Securities Act of 1933
   US Code: 15 USC 78c, 78d-1, 78d-2, 78l, 78m Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78n, 78o, 78o-4, 78w, 78ll Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 80a-8, 80a-29, 80a-30, 80a-37 Name of Law: Investment Company Act of 1940
   US Code: 15 USC 77sss Name of Law: Trust Indenture Act of 1939

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3235-AM58	Proposed rulemaking	88 FR 65524	09/22/2023

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

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Form ID

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: On September 13, 2023, the Commission proposed rule and form amendments concerning access to and management of accounts on EDGAR that are related to potential technical changes to EDGAR (collectively referred to as “EDGAR Next”). If the proposed rule and form changes are adopted, filers would be required to obtain individual account credentials and comply with certain account access and management requirements by taking action on a new filer management tool, the EDGAR Filer Management Dashboard (“the dashboard”), available on EDGAR. Moreover, certain additional disclosure obligations would be required on the Form ID application for access. The proposed revisions to Form ID also would result in a more uniform and secure process for requesting EDGAR access by requiring submission of a new Form ID if the applicant claims to already have an identification number (CIK) but no longer has access to EDGAR. The proposed amendments would also simplify filer account management by eliminating certain EDGAR access codes that would no longer be necessary due to the use of individual account credentials. The EDGAR Next proposed rule and form amendments also include implementation of the dashboard, an interactive function on EDGAR where electronic filers would manage their EDGAR accounts and where individuals that electronic filers would authorize could take relevant actions for the electronic filers’ accounts. If the proposed access changes and proposed Form ID amendments are implemented, for purposes of the Paperwork Reduction Act, we estimate that the number of Form ID filings would increase from the currently approved burden of 57,329 filings to 79,457 filings. The currently approved estimate of 0.30 hours per response would increase to 0.60 hours per response. The estimated total annual burden would increase from 17,199 hours to 47,674 hours. The estimate that the filers are responsible for 100% of the total burden hours would stay the same.

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. 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: Laurita Finch 202 431-8271

View ICR - OIRA Conclusion