SEC Prepares Backup Forms for Gov't Securities Traders
Published Date: 7/8/2025
Notice
Summary
The SEC is asking for a new approval number to collect info from certain financial institutions using Forms G-FIN, G-FINW, G-FIN-4, and G-FIN-5. These banks and dealers haven’t had to file these forms before, but the SEC wants to be ready just in case. This won’t cost much or happen often, but it keeps things clear and ready for the future.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 2 costs, 1 mixed.
New OMB Number Enables Possible Filings
The SEC is requesting a new OMB control number so Forms G-FIN, G-FINW, G-FIN-4, and G-FIN-5 could be collected if certain financial institutions engage in government securities activities. The staff estimates one respondent per year per form and annual burdens of 1.25 hours (Form G-FIN), 0.5 hours (Form G-FINW), 2.25 hours (Form G-FIN-4), and 1.25 hours (Form G-FIN-5). The filings would be mandatory if a covered institution is required to file them.
Which Filings Are Public or Confidential
Information filed on Form G-FIN and Form G-FINW would be available to the public. Information provided on Form G-FIN-4 and Form G-FIN-5 would be regarded as confidential for each respondent.
Which Institutions Could Be Required to File
The Commission is the appropriate regulatory authority (ARA) for state‑chartered banks or state‑chartered trust companies that are not members of the Federal Reserve System and whose deposits are not insured by the FDIC. The Commission is also the ARA for any other financial institutions for which the OCC, the Board of Governors of the Federal Reserve System, or the FDIC is not the ARA, and those institutions could be required to file these forms if they engage in government securities activities.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-12163 — The Trade-Through Rule and Locked and Crossed Markets Provisions of Regulation NMS
The SEC wants to scrap some old rules that stop stocks from being traded at worse prices and prevent confusing market quotes. This change affects stock traders and exchanges, aiming to simplify trading and possibly speed things up. If you want to share your thoughts, you’ve got until August 17, 2026, so don’t miss out!
2026-10373 — Registered Offering Reform
The SEC wants to make it easier and cheaper for more companies to sell their stocks and bonds to the public. They’re opening up special forms and benefits to more businesses, updating rules to be more modern, and cutting red tape by overriding some state rules. If you’re a company planning to raise money, these changes could speed things up and save you money, with feedback due by July 27, 2026.
2026-10222 — Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies
The SEC is making it easier for companies that report their finances by simplifying their categories into just two groups: big and small filers. Smaller companies, including emerging growth ones, will get more time to file reports and enjoy simpler rules, while big companies keep stricter standards. These changes aim to save time and money, with feedback open until July 20, 2026.
2026-07651 — Concept Release on Consolidated Audit Trail and Other Audit Trails and Data Sources
The SEC wants your thoughts on how it tracks stock market trades using the Consolidated Audit Trail and other data tools. They’re thinking about updating rules to keep up with new tech, privacy, and security needs, and to make sure the system is fair and cost-effective. If you’re involved in the stock market or data tracking, speak up by June 22, 2026!
2026-13648 — Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change to Except Accounts Pursuant to Section 530A of the Internal Revenue Code From the Requirements of FINRA Rule 3210 (Accounts At Other Broker-Dealers and Financial Institutions)
FINRA is updating its rules to exclude certain accounts protected under a new tax law (Section 530A) from extra paperwork and approval steps. This change helps financial pros handle these special accounts more easily, starting right away with no extra costs. If you work with broker-dealers or financial institutions, this means smoother account management from now on!
2026-13713 — Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Partial Amendment No. 1 to Proposed Rule Change To Amend FINRA Rule 2210 (Communications With the Public)
FINRA wants to update its rules to let financial firms share predictions about investment returns when talking to the public, but only if they follow certain safety steps. This change affects anyone in the finance world who communicates about investments and aims to make info clearer and more honest. The SEC is reviewing these updates, with decisions and possible money impacts expected soon.
Previous / Next Documents
Previous: 2025-12612 — Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
The FDIC wants to keep collecting some important info from banks and the public, and they’re asking for your thoughts before renewing these forms. This helps make sure the paperwork isn’t too much hassle and keeps things running smoothly. If you’re involved with banks or financial rules, now’s the time to speak up before the deadline!
Next: 2025-12614 — Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend FINRA Rule 6897(b) (CAT Cost Recovery Fees) To Implement a Cost Recovery Fee Related to Reasonably Budgeted Costs of the National Market System Plan Governing the Consolidated Audit Trail for the Period From July 1, 2025 Through December 31, 2025
Starting July 1, 2025, FINRA is updating its fees to cover its share of the costs for running the Consolidated Audit Trail (CAT) through the end of the year. This means financial firms will see a new cost recovery fee to help pay for tracking trading activity more efficiently. The change kicks in immediately and keeps the system running smoothly and fairly.