View Information Collection Request (ICR) Package

View ICR - Agency Submission

Comment Period Closed - Comments are accepted for the first 30 days of OIRA's review. See FAQ page for more information.

OMB Control No: 3235-0727	ICR Reference No: 202412-3235-002
Status: Received in OIRA	Previous ICR Reference No: 202203-3235-007
Agency/Subagency: SEC	Agency Tracking No: TM
Title: Crowdfunding - Rules 400-404 (Funding Portals)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular	Date Submitted to OIRA: 05/09/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	08/31/2025
Responses	754	822
Time Burden (Hours)	36,315	36,775
Cost Burden (Dollars)	618,293	671,793

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	754	822	-68
Annual Time Burden (Hours)	36,315	36,775	-460
Annual Cost Burden (Dollars)	618,293	671,793	-53,500

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The total estimated annual time burden decreased from 36,775 hours to 36,315 hours and the total estimated annual cost burden decreased from $671,793 to $618,293. This is primarily due to the fact that the estimated number of successful new funding portal registrations expected in each of the next three years decreased from 25 per year to 13 per year.

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: Jane Wetterau 202 551-4483