[Federal Register Volume 79, Number 231 (Tuesday, December 2, 2014)]
[Notices]
[Page 71460]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-28310]
[[Page 71460]]
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC
20549-2736.
Extension:
Rule 489 and Form F-N, SEC File No. 270-361, OMB Control No.
3235-0411.
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.) (``Paperwork Reduction Act''), the
Securities and Exchange Commission (the ``Commission'') has submitted
to the Office of Management and Budget (``OMB'') a request for
extension of the previously approved collection of information
discussed below.
Rule 489 (17 CFR 230.489) under the Securities Act of 1933 (15
U.S.C. 77a et seq.) requires foreign banks and foreign insurance
companies and holding companies and finance subsidiaries of foreign
banks and foreign insurance companies that are exempted from the
definition of ``investment company'' by virtue of rules 3a-1 (17 CFR
270.3a-1), 3a-5 (17 CFR 270.3a-5), and 3a-6 (17 CFR 270.3a-6) under the
Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) to file Form
F-N (17 CFR 239.43) to appoint an agent for service of process when
making a public offering of securities in the United States. The
information is collected so that the Commission and private plaintiffs
may serve process on foreign entities in actions and administrative
proceedings arising out of or based on the offer or sales of securities
in the United States by such foreign entities.
During calendar year 2013, the Commission received a total of 16
responses on Form F-N from 14 entities. The Commission has previously
estimated that the total annual burden associated with information
collection and Form F-N preparation and submission is one hour per
filing. Based on the Commission's experience with disclosure documents
generally, the Commission continues to believe that this estimate is
appropriate. Thus the estimated total annual burden for rule 489 and
Form F-N is 16 hours.\1\
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\1\ 16 responses per year x 1 hour per response = 16 hours per
year.
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Estimates of the average burden hours are made solely for the
purposes of the Paperwork Reduction Act and are not derived from a
comprehensive or even a representative survey or study of the costs of
Commission rules and forms. Compliance with the collection of
information requirements of rule 489 and Form F-N is mandatory to
obtain the benefit of the exemption. Responses to the collection of
information 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.
The public may view the background documentation for this
information collection at the following Web site: www.reginfo.gov.
Comments should be directed to: (i) Desk Officer for the Securities and
Exchange Commission, Office of Information and Regulatory Affairs,
Office of Management and Budget, Room 10102, New Executive Office
Building, Washington, DC 20503, or by sending an email to:
[email protected]; and (ii) Pamela Dyson, Acting 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]. Comments must be submitted to OMB within 30
days of this notice.
Dated: November 25, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-28310 Filed 12-1-14; 8:45 am]
BILLING CODE 8011-01-P