[Federal Register Volume 81, Number 110 (Wednesday, June 8, 2016)]
[Notices]
[Pages 36978-36979]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-13466]
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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:
Rule 477, OMB Control No. 3235-0550, SEC File No. 270-493.
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
[[Page 36979]]
plans to submit this existing collection of information to the Office
of Management and Budget for extension and approval.
Rule 477 (17 CFR 230.477) under the Securities Act of 1933 (15
U.S.C. 77a et seq.) sets forth procedures for withdrawing a
registration statement, including any amendments or exhibits to the
registration statement. The rule provides that if an issuer intends to
rely on the safe harbor contained in Securities Act Rule 155 to conduct
an unregistered private offering of securities, the issuer must
affirmatively state in the withdrawal application that it plans to
undertake a subsequent private offering of its securities. Without this
statement, the Commission would not be able to monitor a company's
reliance on, and compliance with, Securities Act Rule 155(c). We
estimate that approximately 327 issuers will file Securities Act Rule
477 submissions annually at an estimated one hour per response for a
total annual burden of approximately 327 hours.
Written comments are invited on: (a) Whether this 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 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 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. 2016-13466 Filed 6-7-16; 8:45 am]
BILLING CODE 8011-01-P