[Federal Register Volume 77, Number 151 (Monday, August 6, 2012)]
[Notices]
[Pages 46775-46776]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-19085]
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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:
Form N-8B-2, SEC File No. 270-186, OMB Control No. 3235-0186.
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 (the ``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.
Form N-8B-2 (17 CFR 274.12) is the form used by unit investment
trusts (``UITs'') other than separate accounts that are currently
issuing securities, including UITs that are issuers of periodic payment
plan certificates and UITs of which a management investment company is
the sponsor or depositor, to comply with the filing and disclosure
requirements imposed by section 8(b) of the Investment Company Act of
1940 (15 U.S.C. 80a-8(b)). Form N-8B-2 requires disclosure about the
organization of a UIT, its securities, the personnel and affiliated
persons of the depositor, the distribution and redemption of
securities, the trustee or custodian, and financial statements. The
Commission uses the information provided in the collection of
information to determine compliance with section 8(b) of the Investment
Company Act.
Based on the Commission's industry statistics, the Commission
estimates that there would be approximately two initial filings on Form
N-8B-2 and 6 post-effective amendment filings to the Form annually. The
Commission estimates that each registrant filing an initial Form N-8B-2
would spend 10 hours in preparing and filing the Form and that the
total hour burden for all initial Form N-8B-2 filings would be 20
hours. Also, the Commission estimates that each UIT filing a post-
effective amendment to Form N-8B-2 would spend 6 hours in preparing and
filing the amendment and that the total hour burden for all post-
effective amendments to the Form would be 36 hours. By combining the
total hour burdens estimated for initial Form N-8B-2 filings and post-
effective amendments filings to the Form, the Commission estimates that
the total annual burden hours for all registrants on Form N-8B-2 would
be 56. Estimates of the burden hours are made solely for the purposes
of the PRA, and are not derived from a comprehensive or even a
representative survey or study of the costs of SEC rules and forms.
The information provided on Form N-8B-2 is mandatory. The
information provided on Form N-8B-2 will not be kept confidential. An
Agency may not conduct or sponsor, and a person is not required to
respond to, a collection of information unless it displays a currently
valid OMB control number.
Written comments are invited on: (a) Whether the 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 of 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
[[Page 46776]]
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/Chief
Information Officer, Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 6432 General Green Way, Alexandria, VA 22312; or send an
email to: PRA_Mailbox@sec.gov.
Dated: July 31, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-19085 Filed 8-3-12; 8:45 am]
BILLING CODE 8011-01-P