Proposed Collection; Comment Request, 41532-41533 [E7-14629]
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Federal Register / Vol. 72, No. 145 / Monday, July 30, 2007 / Notices
comprehensive or even a representative
survey or study.
Written comments are requested on:
(a) Whether the collections of
information are necessary for the proper
performance of the functions of the
Commission, including whether the
information has practical utility; (b) the
accuracy of the Commission’s estimate
of the burdens 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 R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way,
Alexandria, Virginia 22312; or send an
e-mail to: PRA_Mailbox@sec.gov.
Dated: July 23, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–14563 Filed 7–27–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Assistance,
Washington, DC 20549–0213.
mstockstill on PROD1PC66 with NOTICES
Existing Collection; New OMB Control No.:
Rule 607; SEC File No. 270–568; OMB
Control No. 3235–xxxx.
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
collection of information to the Office
of Management and Budget (‘‘OMB’’)
for approval.
Rule 607 under Regulation E (17 CFR
230.607) entitled, ‘‘Sales material to be
filed,’’ requires sales material used in
connection with securities offerings
under Regulation E (17 CFR 230.601 to
610a) to be filed with the Commission
at least five days (excluding weekends
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22:24 Jul 27, 2007
Jkt 211001
and holidays) prior to its use.1
Regulation E allows the exemption of
securities issued by a small business
investment company (‘‘SBIC’’) which is
registered under the Investment
Company Act of 1940 (‘‘Investment
Company Act’’) (15 U.S.C. 80a–1 et seq.)
or a closed-end investment company
that has elected to be regulated as a
business development company
(‘‘BDC’’) under the Investment Company
Act from registration under the
Securities Act of 1933 (‘‘Securities Act’’)
(15 U.S.C. 77a et seq.), so long as the
aggregate offering price of all securities
of the issuer that may be sold within a
12-month period does not exceed
$5,000,000 and certain other conditions
are met. Commission staff reviews sales
material filed under rule 607 for
materially misleading statements and
omissions. The requirements of rule 607
are designed for investor protection.
Respondents to this collection of
information include SBICs and BDCs
making an offering of securities
pursuant to Regulation E. Each
respondent’s reporting burden under
rule 607 relates to the burden associated
with filing its sales material
electronically. The burden of filing
electronically, however, is negligible
and there have been no filings made
under this rule, so this collection of
information does not impose any
burden on the industry. The estimate of
average burden hours is made solely for
purposes of the Paperwork Reduction
Act and is not derived from a
quantitative, comprehensive, or even
representative survey or study of the
burdens associated with Commission
rules and forms.
The requirements of this collection of
information are mandatory. Responses
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 control
number.
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
1 Sales material includes advertisements, articles
or other communications to be published in
newspapers, magazines, or other periodicals; radio
and television scripts; and letters, circulars or other
written communications proposed to be sent given
or otherwise communicated to more than ten
persons.
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Frm 00041
Fmt 4703
Sfmt 4703
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 R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way,
Alexandria, VA 22312 or send an e-mail
to: PRA_Mailbox@sec.gov.
Dated: July 23, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–14628 Filed 7–27–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copy Available
From: Securities and Exchange
Commission, Office of Investor
Education and Assistance,
Washington, DC 20549–0213.
Extension:
Form S–6; SEC File No. 270–181; OMB
Control No. 3235–0184.
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 (‘‘OMB’’) for
extension and approval.
The title for the collection of
information is ‘‘Form S–6 (17 CFR
239.16), for Registration under the
Securities Act of 1933 of Securities of
Unit Investment Trusts Registered on
Form N–8B–2 (17 CFR 274.13).’’ Unit
investment trusts offering their
securities to the public are required by
two separate statutes to file registration
statements with the Commission. They
are required to register their securities
under the Securities Act of 1933 (15
U.S.C. 77a et seq.) (‘‘Securities Act’’),
and to register as investment companies
under the Investment Company Act of
1940 (15 U.S.C. 80a–1 et seq.)
(‘‘Investment Company Act’’).
Form S–6 is used for registration
under the Securities Act of the
securities of any unit investment trust
that is registered under the Investment
E:\FR\FM\30JYN1.SGM
30JYN1
Federal Register / Vol. 72, No. 145 / Monday, July 30, 2007 / Notices
mstockstill on PROD1PC66 with NOTICES
Company Act on Form N–8B–2.1 A
separate registration statement under
the Securities Act must be filed for each
series of units issued by the trust. Form
S–6 consists of, among other things, a
prospectus, certain written consents, an
undertaking to file supplementary
information, and certain exhibits
containing financial and other
information required in the registration
statement but not required to appear in
the prospectus.
Section 10(a)(3) of the Securities Act
(15 U.S.C. 77j(a)(3)) provides, in
pertinent part, that when a prospectus is
used more than nine months after the
effective date of the registration
statement, the information contained
therein shall be as of a date not more
than sixteen months prior to such use.
As a result, most unit investment trusts
that are registered under the Investment
Company Act on Form N–8B–2 update
their registration statements on Form S–
6 on an annual basis so that their
sponsors may continue to maintain a
secondary market in the units.
The purpose of the registration
statement on Form S–6 is to provide
disclosure of financial and other
information that investors may use to
make informed decisions regarding the
merits of the securities offered for sale.
To that end, unit investment trusts that
are registered under the Investment
Company Act on Form N–8B–2 must
furnish to investors a prospectus
containing pertinent information set
forth in the registration statement. The
Commission reviews registration
statements filed on Form S–6 to ensure
adequate disclosure is made to
investors.
The Commission estimates that each
year unit investment trusts file
approximately 1,353 Forms S–6. It is
estimated that preparing Form S–6
requires a unit investment trust to spend
approximately 35 hours so that the total
burden of preparing Form S–6 for all
affected unit investment trusts is 47,355
hours. Estimates of 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
1 Form N–8B–2 is the form used by unit
investment trusts to register as investment
companies under the Investment Company Act
(except for unit investment trusts that are insurance
company separate accounts issuing variable annuity
or variable life insurance contracts, which instead
register on Form N–4 and Form N–6, respectively).
The form requires that certain material information
about the trust, its sponsor, its trustees, and its
operation be disclosed. The registration on Form N–
8B–2 is a one-time filing that applies to the first
series of the unit investment trust as well as any
subsequent series that is issued by the sponsor.
VerDate Aug<31>2005
22:24 Jul 27, 2007
Jkt 211001
the costs of Commission rules and
forms.
The collection of information on Form
S–6 is mandatory. The information
provided on Form S–6 is not 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.
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 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 R. Corey Booth, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Shirley
Martinson, 6432 General Green Way,
Alexandria, Virginia 22312; or send an
e-mail to: PRA_Mailbox@sec.gov.
Dated: July 23, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7–14629 Filed 7–27–07; 8:45 am]
BILLING CODE 8010–01–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Assistance,
Washington, DC 20549–0213.
Existing Collection; New OMB Control No.:
Rule 0–4; SEC File No. 270–569; OMB
Control No. 3235–xxxx.
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 collection of
information to the Office of
Management and Budget (‘‘OMB’’) for
approval.
PO 00000
Frm 00042
Fmt 4703
Sfmt 4703
41533
Rule 0–4 (17 CFR 275.0–4) under the
Investment Advisers Act of 1940 (‘‘Act’’
or ‘‘Advisers Act’’) (15 U.S.C. 80b–1 et
seq.) entitled ‘‘General Requirements of
Papers and Applications,’’ prescribes
general instructions for filing an
application seeking exemptive relief
with the Commission. Rule 0–4
currently requires that every application
for an order for which a form is not
specifically prescribed and which is
executed by a corporation, partnership
or other company and filed with the
Commission contain a statement of the
applicable provisions of the articles of
incorporation, bylaws or similar
documents, relating to the right of the
person signing and filing such
application to take such action on behalf
of the applicant, and a statement that all
such requirements have been complied
with and that the person signing and
filing the application is fully authorized
to do so. If such authorization is
dependent on resolutions of
stockholders, directors, or other bodies,
such resolutions must be attached as an
exhibit to or quoted in the application.
Any amendment to the application must
contain a similar statement as to the
applicability of the original statement of
authorization. When any application or
amendment is signed by an agent or
attorney, rule 0–4 requires that the
power of attorney evidencing his
authority to sign shall state the basis for
the agent’s authority and shall be filed
with the Commission. Every application
subject to rule 0–4 must be verified by
the person executing the application by
providing a notarized signature in
substantially the form specified in the
rule. Each application subject to rule 0–
4 must state the reasons why the
applicant is deemed to be entitled to the
action requested with a reference to the
provisions of the Act and rules
thereunder, the name and address of
each applicant, and the name and
address of any person to whom any
questions regarding the application
should be directed. Rule 0–4 requires
that a proposed notice of the proceeding
initiated by the filing of the application
accompany each application as an
exhibit and, if necessary, be modified to
reflect any amendment to the
application.
The requirements of rule 0–4 are
designed to provide Commission staff
with the necessary information to assess
whether granting the orders of
exemption are necessary and
appropriate in the public interest and
consistent with the protection of
investors and the intended purposes of
the Act.
Applicants for orders under the
Advisers Act can include registered
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30JYN1
]]>Agencies
[Federal Register Volume 72, Number 145 (Monday, July 30, 2007)]
[Notices]
[Pages 41532-41533]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-14629]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
Proposed Collection; Comment Request
Upon Written Request, Copy Available From: Securities and Exchange
Commission, Office of Investor Education and Assistance, Washington, DC
20549-0213.
Extension:
Form S-6; SEC File No. 270-181; OMB Control No. 3235-0184.
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 (``OMB'') for extension and approval.
The title for the collection of information is ``Form S-6 (17 CFR
239.16), for Registration under the Securities Act of 1933 of
Securities of Unit Investment Trusts Registered on Form N-8B-2 (17 CFR
274.13).'' Unit investment trusts offering their securities to the
public are required by two separate statutes to file registration
statements with the Commission. They are required to register their
securities under the Securities Act of 1933 (15 U.S.C. 77a et seq.)
(``Securities Act''), and to register as investment companies under the
Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) (``Investment
Company Act'').
Form S-6 is used for registration under the Securities Act of the
securities of any unit investment trust that is registered under the
Investment
[[Page 41533]]
Company Act on Form N-8B-2.\1\ A separate registration statement under
the Securities Act must be filed for each series of units issued by the
trust. Form S-6 consists of, among other things, a prospectus, certain
written consents, an undertaking to file supplementary information, and
certain exhibits containing financial and other information required in
the registration statement but not required to appear in the
prospectus.
---------------------------------------------------------------------------
\1\ Form N-8B-2 is the form used by unit investment trusts to
register as investment companies under the Investment Company Act
(except for unit investment trusts that are insurance company
separate accounts issuing variable annuity or variable life
insurance contracts, which instead register on Form N-4 and Form N-
6, respectively). The form requires that certain material
information about the trust, its sponsor, its trustees, and its
operation be disclosed. The registration on Form N-8B-2 is a one-
time filing that applies to the first series of the unit investment
trust as well as any subsequent series that is issued by the
sponsor.
---------------------------------------------------------------------------
Section 10(a)(3) of the Securities Act (15 U.S.C. 77j(a)(3))
provides, in pertinent part, that when a prospectus is used more than
nine months after the effective date of the registration statement, the
information contained therein shall be as of a date not more than
sixteen months prior to such use. As a result, most unit investment
trusts that are registered under the Investment Company Act on Form N-
8B-2 update their registration statements on Form S-6 on an annual
basis so that their sponsors may continue to maintain a secondary
market in the units.
The purpose of the registration statement on Form S-6 is to provide
disclosure of financial and other information that investors may use to
make informed decisions regarding the merits of the securities offered
for sale. To that end, unit investment trusts that are registered under
the Investment Company Act on Form N-8B-2 must furnish to investors a
prospectus containing pertinent information set forth in the
registration statement. The Commission reviews registration statements
filed on Form S-6 to ensure adequate disclosure is made to investors.
The Commission estimates that each year unit investment trusts file
approximately 1,353 Forms S-6. It is estimated that preparing Form S-6
requires a unit investment trust to spend approximately 35 hours so
that the total burden of preparing Form S-6 for all affected unit
investment trusts is 47,355 hours. Estimates of 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.
The collection of information on Form S-6 is mandatory. The
information provided on Form S-6 is not 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.
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 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 R. Corey Booth, Director/
Chief Information Officer, Securities and Exchange Commission, C/O
Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312;
or send an e-mail to: PRA--Mailbox@sec.gov.
Dated: July 23, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-14629 Filed 7-27-07; 8:45 am]
BILLING CODE 8010-01-P
