[Federal Register Volume 75, Number 211 (Tuesday, November 2, 2010)]
[Notices]
[Pages 67409-67410]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-27591]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of Investor Education and Assistance, Washington, DC
20549-0213.
Extension:
Rule 13e-3 (Schedule 13E-3); OMB Control No. 3235-0007; SEC File
No. 270-1.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') is soliciting comments on the collection of
information summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Rule 13e-3 and Schedule 13E-3 (17 CFR 240.13e-3 and 240.13e-100)--
Rule 13e-3 prescribes the filing, disclosure and dissemination
requirements in connection with a going private transaction by an
issuer or an affiliate.
[[Page 67410]]
Schedule 13E-3 provides shareholders and the marketplace with
information concerning going private transactions that is important in
determining how to respond to such transactions. The information
collected permits verification of compliance with securities laws
requirements and ensures the public availability and dissemination of
the collected information. We estimate that Schedule 13E-3 is filed by
approximately 600 issuers annually and it takes approximately 137.25
hours per response. We estimate that 25% of the 137.25 hours per
response is prepared by the filer for a total annual reporting burden
of 20,588 hours.
Written comments are invited on: (a) Whether this collection of
information is necessary for the proper performance of the functions of
the agency, including whether the information will have practical
utility; (b) the accuracy of the agency's estimate of the burden
imposed by the collection of information; (c) ways to enhance the
quality, utility, and clarity of the information collected; and (d)
ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing within 60
days of this publication.
Please direct your written comments to Thomas Bayer, Director/CIO,
Securities and Exchange Commission, C/O Remi Pavlik-Simon, 6432 General
Green Way, Alexandria, VA 22312; or send an e-mail to: [email protected].
Dated: October 27, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-27591 Filed 11-1-10; 8:45 am]
BILLING CODE 8011-01-P