[Federal Register Volume 78, Number 178 (Friday, September 13, 2013)]
[Notices]
[Pages 56758-56759]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-22258]
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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:
Schedule 14N; OMB Control No. 3235-0655, SEC File No. 270-598.
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.
[[Page 56759]]
Schedule 14N (17 CFR 240.14n-101) will require the filing of
certain information with the Commission by shareholders who submit a
nominee or nominees for director pursuant to applicable state law, or a
company's governing documents. Schedule 14N provides notice to the
company of the shareholder's intent to have the company include the
shareholder's or shareholder groups' nominee or nominees for director
in the company's proxy materials. This information is intended to
assist shareholders in making an informed voting decision with regards
to any nominee or nominees put forth by a nominating shareholder or
group, by allowing shareholders to gauge the nominating shareholder's
interest in the company, longevity of ownership, and intent with regard
to continued ownership in the company. We estimate that Schedule 14N
takes approximately 64.77 hours per response and will be filed by
approximately 162 issuers annually. In addition, we estimate that 75%
of the 64.77 hours per response (48.58 hours) is prepared by the issuer
for an annual reporting burden of 7,870 hours (48.58 hours per response
x 162 responses).
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.
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 control number.
Please direct your written comments to Thomas Bayer, Director/Chief
Information Officer, and Securities and Exchange Commission, c/o Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549 or send and an
email to: [email protected].
Dated: September 9, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-22258 Filed 9-12-13; 8:45 am]
BILLING CODE 8011-01-P