📄SEC Proposes New Information Collection for Financial Institutions
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Request for a New OMB Control Number: Form G-FIN, Form G-FINW, Form G-FIN-4, and Form G-FIN-5
Summary
The SEC announces plans to request new OMB Control Numbers for Form G-FIN and related forms, affecting certain financial institutions involved in government securities activities. This information collection aims to ensure compliance with relevant regulations, with the potential for minimal regulatory burden anticipated. The commission invites public comments on the collection's necessity and utility.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The SEC's request for new OMB Control Numbers for Forms G-FIN, G-FINW, G-FIN-4, and G-FIN-5 indicates compliance requirements for certain financial institutions related to government securities activities. Businesses in this sector may be affected by the necessity to file mandatory documents, impacting operational and compliance practices.