Form Custody

Forms and Documents

Document Name	Status
Form SEC2897 Form Custody Form and Instruction	Modified
2025 07 08_90 FR 30183_3235-0691_30-Day Submission Notice.pdf.pdf Supplementary Document	2025-07-08
2025 Form Custody Supporting Statement.pdf Supporting Statement A	2025-07-03
2025 04 30_90 FR 17984_3235-0691_60-Day Collection Notice.pdf Supplementary Document	2025-04-30

IC Document Collections

IC ID	Document Title	Status
200258	Form Custody Form and Instruction	Modified

ICR Details

OMB Control No: 3235-0691	ICR Reference No: 202504-3235-022
Status: Received in OIRA	Previous ICR Reference No: 202205-3235-008
Agency/Subagency: SEC	Agency Tracking No: TM
Title: Form Custody
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: 07/08/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	10/31/2025
Responses	13,880	14,136
Time Burden (Hours)	166,560	169,632
Cost Burden (Dollars)	0	0

---

Abstract: Section 17(a)(1) of the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (“Exchange Act”) provides that broker-dealers registered with the Securities and Exchange Commission (“Commission”) must make and keep records, furnish copies of the records, and make and disseminate reports as the Commission, by rule, prescribes. Pursuant to this authority, the Commission adopted Rule 17a-5 (17 CFR 240.17a-5), which is one of the primary financial and operational reporting rules for broker-dealers. Paragraph (a)(5) of Rule 17a-5 requires every broker-dealer registered with the Commission to file Form Custody (17 CFR 249.639) with its designated examining authority (“DEA”) within 17 business days after the end of each calendar quarter and within 17 business days after the end of the broker-dealer’s fiscal year if that date is not the end of a calendar quarter. Form Custody is designed to elicit information about whether a broker-dealer maintains custody of customer and non-customer assets, and, if so, how such assets are maintained. The purpose of Form Custody is to provide information about the custodial activities of broker-dealers that can serve as a starting point for Commission and DEA examiners to undertake more in-depth reviews of these activities as they deem appropriate.

---

Authorizing Statute(s): US Code: 15 USC 78o(c)(3) Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78q(a) Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78(w)(a) Name of Law: Securities Exchange Act of 1934
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 17984	04/30/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 30183	07/08/2025
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Form Custody	SEC2897	Form Custody

---

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	13,880	14,136	0	0	-256	0
Annual Time Burden (Hours)	166,560	169,632	0	0	-3,072	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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 annual reporting burden has decreased from 169,632 hours to 166,560 hours due to a decrease in the number of respondents from 3,534 to 3,470.

---

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

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 07/08/2025

---