[Federal Register Volume 81, Number 110 (Wednesday, June 8, 2016)]
[Notices]
[Page 36978]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-13464]
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SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; 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:
Form D, OMB Control No. 3235-0076, SEC File No. 270-072.
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.
Form D (17 CFR 239.500) is a notice of sales filed by issuers
making an offering of securities in reliance on an exemption under
Regulation D (17 CFR 230.501 et seq.) or Section 4(a)(5) of the
Securities Act of 1933 (15 U.S.C. 77d(a)(5)). Regulation D sets forth
rules governing the limited offer and sale of securities without
Securities Act registration. The purpose of Form D is to collect
empirical data, which provides a continuing basis for action by the
Commission either in terms of amending existing rules and regulations
or proposing new ones. In addition, the Form D allows the Commission to
elicit information necessary in assessing the effectiveness of
Regulation D (17 CFR 230.501 et seq.) and Section 4(6) of the
Securities Act of 1933 (15 U.S.C. 77d(6)) as capital-raising devices
for all businesses. Approximately 21,686 issuers file Form D and it
takes approximately 4 hours per response. We estimate that 25% of 4
hours per response (1 hour per response) is prepared by the issuer for
an annual reporting burden 21,686 hours (1 hour per response x 21,686
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.
Please direct your written comments to Pamela Dyson, Director/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: June 2, 2016.
Brent J. Fields,
Secretary.
[FR Doc. 2016-13464 Filed 6-7-16; 8:45 am]
BILLING CODE 8011-01-P