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This document outlines a proposed rule change by BATS Y-Exchange, Inc. to adopt BYX Rule 3.23 on telemarketing, which codifies provisions similar to FTC rules prohibiting deceptive and abusive telemarketing
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How to fill out OMB APPROVAL

01
Begin by locating the OMB Approval section on your document.
02
Fill in the appropriate federal agency name.
03
Enter the title of the information collection.
04
Provide the OMB Control Number if you have one.
05
Specify the expiration date of the approval.
06
Ensure that the information provided is accurate and complete.
07
Review all entries for clarity and correctness.
08
Save and submit the document as required.

Who needs OMB APPROVAL?

01
Federal agencies that collect information from the public.
02
Organizations or individuals conducting surveys for government purposes.
03
Any entity involved in projects that require federal approval for data collection.
04
Grant recipients who must comply with federal information collection requirements.
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After OMB approves the primary collection, any agency that wishes to collect the same information and use it for the same purpose can obtain expedited approval by providing its agency-specific information to OMB (e.g., burden estimates and number of respondents).
PRA of 1995 requires that U.S. federal government agencies receive. OMB approval before collecting most types of information from the public. ▪ PRA is a law governing how federal agencies collect information from the public. ▪ OMB oversees the information/data requests federal agencies make of the. public.
The approval process, which is popularly known as the “OMB clearance process,” is extensive and time-consuming. It requires two Federal Register notices and a detailed application to OMB. The duration for the entire process can exceed six months.
The approval process, which is popularly known as the “OMB clearance process,” is extensive and time-consuming. It requires two Federal Register notices and a detailed application to OMB. The duration for the entire process can exceed six months.

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OMB approval refers to the authorization granted by the Office of Management and Budget (OMB) for federal agencies to collect information from the public. This ensures that the information collection is necessary and not overly burdensome.
Federal agencies that wish to collect information from the public must file for OMB approval. This requirement applies to various forms of data collection, including surveys, questionnaires, and other information gathering processes.
To fill out OMB approval, agencies must complete a paperwork package that includes a description of the proposed information collection, justification for the collection, and plans for data analysis and reporting. This package is then submitted to OMB for review.
The purpose of OMB approval is to ensure that government agencies' information collection activities comply with legal standards and to minimize the burden on the public while assuring that the information collected serves a legitimate purpose.
The information reported on OMB approval includes the title of the collection, the type of information being collected, the estimated time required to respond, the number of respondents, the frequency of collection, and any statistical methods used.
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