View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 3235-0807	ICR Reference No: 202312-3235-011
Status: Active	Previous ICR Reference No: 202304-3235-014
Agency/Subagency: SEC	Agency Tracking No:
Title: Securities Act Rule 192
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: Approved without change	Conclusion Date: 01/19/2024
	Date Received in OIRA: 12/12/2023
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	01/31/2027	36 Months From Approved
Responses	1,277	0	0
Time Burden (Hours)	31,606	0	0
Cost Burden (Dollars)	6,321,150	0	0

ICR Summary of Burden

	Total Approved	Change Due to Agency Discretion
Annual Number of Responses	1,277	1,277
Annual Time Burden (Hours)	31,606	31,606
Annual Cost Burden (Dollars)	6,321,150	6,321,150

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: The rule will impose new policies and procedures requirements as a condition to reliance on the exceptions for risk-mitigating hedging activities and bona fide market-making activities. As discussed above, the policies and procedures requirements are intended to enhance the benefits of the rule. Reliance on these exceptions is voluntary, and compliance with this information collection is mandatory only if a securitization participant chooses to rely on one or more of these exceptions. For purposes of the PRA, the Commission estimates the total internal annual burden of the rule to be 31,606 burden hours and the total annual cost burden of the rule to be $6,321,150 for the services of outside professionals.

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]? 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: Brandon Figg 202 551-3850

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