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View ICR - OIRA Conclusion

OMB Control No: 3235-0610	ICR Reference No: 202406-3235-008
Status: Active	Previous ICR Reference No: 202203-3235-002
Agency/Subagency: SEC	Agency Tracking No: IM-270-549
Title: Rule 248.30; 17 C.F.R Sec. 248.30, Procedures to safegard customer records and information; disposal of consumer report information.
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: 07/17/2024
	Date Received in OIRA: 06/17/2024
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2027	36 Months From Approved	09/30/2025
Responses	33,214	0	20,309
Time Burden (Hours)	1,229,871	0	65,760
Cost Burden (Dollars)	85,315,296	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	33,214	20,309	12,905
Annual Time Burden (Hours)	1,229,871	65,760	1,164,111
Annual Cost Burden (Dollars)	85,315,296	0	85,315,296

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: Currently, the approved total annual hour burden for complying with rule 248.30 is 47,565 hours. The estimate of the total annual hour burden of the final amendments is 1,229,871 hours (an increase of 1,164,111 hours). The current total annual external cost burden is $0; we estimate an external cost burden of $85,315,296 associated with the final amendments. The changes in annual burden hours and external cost burden are due to the final amendments to rule 248.30.

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: Andrew Deglin 202 551-7337

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