28 Jul 2025
📄SEC Requests Comments on Proposed Collection of Information under Rule 17a-1
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 17a-1
Summary
The SEC is seeking comments on the proposed collection of information under Rule 17a-1, which mandates specific record-keeping practices for national securities exchanges, associations, and clearing agencies. This notice details compliance requirements, estimated time burdens, and requests public feedback on the collection's necessity and methodology.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The regulatory text outlines compliance requirements for 38 entities under Rule 17a-1 related to record-keeping, impacting operational practices and costs for national securities exchanges and associated organizations. The mandatory collection of information and potential burden on these entities highlights significant regulatory implications.