[Federal Register Volume 75, Number 77 (Thursday, April 22, 2010)]
[Notices]
[Page 21048]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-9269]
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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 Advocacy, Washington, DC
20549-0213.
Extension:
Securities Act Rule 477, OMB Control No. 3235-0550, SEC File No.
270-493.
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 477 (17 CFR 230.477) under the Securities Act of 1933 (15
U.S.C. 77a et seq.) sets forth procedures for withdrawing a
registration statement, an amendment to a registration statement, or
any exhibits thereto. The rule provides that if a registrant intends to
rely on the registered-to-private safe harbor contained in Securities
Act Rule 155, the registrant must affirmatively state in the withdrawal
application that it plans to undertake a subsequent private offering of
its securities. Without this statement, the Commission would not be
able to monitor a company's reliance on, and compliance with,
Securities Act Rule 155(c). The likely respondents will be companies.
We estimate that approximately 300 issuers will file Securities Act
Rule 477 submissions annually at an estimated one-hour per response for
a total annual burden of approximately 300 hours. We estimate that 100%
of the reporting burden is prepared by the issuer.
Written comments are invited on: (a) Whether this proposed
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 Charles Boucher, Director/
CIO, Securities and Exchange Commission, C/O Shirley Martinson, 6432
General Green Way, Alexandria, VA 22312; or send an e-mail to: [email protected].
Dated: April 16, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-9269 Filed 4-21-10; 8:45 am]
BILLING CODE 8011-01-P