[Federal Register Volume 82, Number 50 (Thursday, March 16, 2017)]
[Notices]
[Pages 14065-14066]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-05275]
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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:
Schedule TO, OMB Control No. 3235-0515, SEC File No. 270-456
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.
Schedule TO (17 CFR 240.14d-100) must be filed by a reporting
company that makes a tender offer for its own securities. Also, persons
other than the reporting company making a tender offer for equity
securities registered under Section 12 of the Exchange Act (15 U.S.C.
78l) (which offer, if consummated, would cause that person to own over
5% of that class of the securities) must file Schedule TO. The purpose
of Schedule TO is to improve communications between public companies
and investors before companies file registration statements involving
tender offer statements. Schedule TO takes approximately 43.5
[[Page 14066]]
hours per response and is filed by approximately 816 issuers annually.
We estimate that 50% of the 43.5 hours per response (21.75 hours) is
prepared by the issuer for an annual reporting burden of 17,748 hours
(21.75 hours per response x 816 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 comment 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: March 13, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-05275 Filed 3-15-17; 8:45 am]
BILLING CODE 8011-01-P