[Federal Register Volume 79, Number 23 (Tuesday, February 4, 2014)]
[Notices]
[Page 6661]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-02247]
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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:
Rule 203-3, Form ADV-H, OMB Control No. 3235-0538, SEC File No.
270-481.
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 (``OMB'') for extension and approval.
The title for the collection of information is ``Form ADV-H under
the Investment Advisers Act of 1940.'' Rule 203-3 (17 CFR 275.203-3)
under the Investment Advisers Act of 1940 (15 U.S.C. 80b) requires that
registered advisers requesting either a temporary or continuing
hardship exemption submit the request on Form ADV-H. Rule 204-4 (17 CFR
275.204-4) under the Investment Advisers Act of 1940 requires that
exempt reporting advisers requesting a temporary hardship exemption
submit the request on Form ADV-H. The purpose of this collection of
information is to permit advisers to obtain a hardship exemption to not
complete an electronic filing. The temporary hardship exemption that is
available to registered advisers under rule 203-3 and exempt reporting
advisers under rule 204-4 permits these advisers to make late filings
due to unforeseen computer or software problems. The continuing
hardship exemption available to registered advisers under rule 203-3
permits advisers to submit all required electronic filings on hard copy
for data entry by the operator of the IARD.
The Commission has estimated that compliance with the requirement
to complete Form ADV-H imposes a total burden of approximately one hour
for an adviser. Based on our experience with hardship filings, we
estimate that we will receive 11 Form ADV-H filings annually from
registered investment advisers and three Form ADV-H filings annually
from exempt reporting advisers. Based on the 60 minute per respondent
estimate, the Commission estimates a total annual burden of 14 hours
for this collection of information.
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 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, Chief
Information Officer, Securities and Exchange Commission, C/O Remi
Pavlik-Simon, 100 F Street NE., Washington, DC 20549; or send an email
to: [email protected].
Dated: January 29, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-02247 Filed 2-3-14; 8:45 am]
BILLING CODE 8011-01-P