OMB control number
Recordkeeping and Disclosure Requirements Associated with Regulation H (Securities Transactions by State Member Banks)
OMB 7100-0196 · FRS.
Section 15C of the Securities Exchange Act of 1934 (the Act) establishes federal regulation of brokers and dealers of government securities, including banks and other financial institutions, and directs those brokers and dealers to keep certain records. These requirements are implemented for state member banks in section 208.34 of the Board’s Regulation H - Membership of State Banking Institutions in the Federal Reserve System (12 CFR Part 208), which requires that non-exempt state member banks effecting securities transactions for customers establish and maintain a system of records of these transactions, furnish confirmations of transactions to customers that disclose certain information, and establish written policies and procedures relating to securities trading. Regulation H also indirectly imposes certain disclosure requirements on certain state member bank employees and officers.
The latest form for Recordkeeping and Disclosure Requirements Associated with Regulation H (Securities Transactions by State Member Banks) expires 2027-02-28 and can be found here.
FRH3_20240227_omb.pdf
Recordkeeping Section 208.34(g) State member banks (de novo) Establish policies and procedures Recordkeeping Section 208.34(g) State member banks (de novo) Establish policies and procedures
Federal Enterprise Architecture: Economic Development - Financial Sector Oversight