Submission for OMB Review; Comment Request, 59871 [2014-23576]
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Federal Register / Vol. 79, No. 192 / Friday, October 3, 2014 / Notices
Officer, Securities and Exchange
Commission, c/o Remi Pavlik-Simon,
100 F Street NE., Washington, DC
20549, or be sending an email to: PRA_
Mailbox@sec.gov. Comments must be
submitted to OMB within 30 days of
this notice.
Dated: September 29, 2014.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2014–23571 Filed 10–2–14; 8:45 am]
BILLING CODE 8011–01–P
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.
mstockstill on DSK4VPTVN1PROD with NOTICES
Extension:
Form N–54A, SEC File No. 270–182, OMB
Control No. 3235–0237.
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’’) has submitted to the
Office of Management and Budget a
request for extension of the previously
approved collection of information
discussed below.
Under the Investment Company Act
of 1940 (15 U.S.C. 80a–1 et seq.) (the
‘‘Investment Company Act’’), certain
investment companies can elect to be
regulated as business development
companies, as defined in Section
2(a)(48) of the Investment Company Act
(15 U.S.C. 80a–2(a)(48)). Under Section
54(a) of the Investment Company Act
(15 U.S.C. 80a–53(a)), any company
defined in Section 2(a)(48)(A) and (B)
may elect to be subject to the provisions
of Sections 55 through 65 of the
Investment Company Act (15 U.S.C.
80a–54 to 80a–64) by filing with the
Commission a notification of election, if
such company has: (1) A class of equity
securities registered under Section 12 of
the Securities Exchange Act of 1934 (15
U.S.C. 78a et seq.) (‘‘Exchange Act’’); or
(2) filed a registration statement
pursuant to Section 12 of the Exchange
Act for a class of equity securities. The
Commission has adopted Form N–54A
(17 CFR 274.53) as the form for
notification of election to be regulated
as business development companies.
The purpose of Form N–54A is to
notify the Commission that the
investment company making the
notification elects to be subject to
VerDate Sep<11>2014
18:08 Oct 02, 2014
Jkt 235001
Sections 55 through 65 of the
Investment Company Act, enabling the
Commission to administer those
provisions of the Investment Company
Act to such companies.
The Commission estimates that on
average approximately 14 business
development companies file these
notifications each year. Each of those
business development companies need
only make a single filing of Form N–
54A. The Commission further estimates
that this information collection imposes
a burden of 0.5 hours, resulting in a
total annual PRA burden of 7 hours.
Based on the estimated wage rate, the
total cost to the business development
company industry of the hour burden
for complying with Form N–54A would
be approximately $2,338.
The collection of information under
Form N–54A is mandatory. The
information provided by the form 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 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: Shagufta_
Ahmed@omb.eop.gov; and (ii) Thomas
Bayer, Chief Information Officer,
Securities and Exchange Commission,
c/o Remi Pavlik-Simon, 100 F Street
NE., Washington, DC 20549 or send an
email to: PRA_Mailbox@sec.gov.
Comments must be submitted to OMB
within 30 days of this notice.
Dated: September 29, 2014.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2014–23576 Filed 10–2–14; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
Submission for OMB Review;
Comment Request
Upon Written Request, Copy Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension:
Rule 34b–1, SEC File No. 270–305, OMB
Control No. 3235–0346.
PO 00000
Frm 00133
Fmt 4703
Sfmt 4703
59871
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’’) has submitted to the
Office of Management and Budget a
request for extension of the previously
approved collection of information
discussed below.
Rule 34b–1 under the Investment
Company Act (17 CFR 270.34b–1)
governs sales material that accompanies
or follows the delivery of a statutory
prospectus (‘‘sales literature’’). Rule
34b–1 deems to be materially
misleading any investment company
(‘‘fund’’) sales literature required to be
filed with the Securities and Exchange
Commission (‘‘Commission’’) by Section
24(b) of the Investment Company Act
(15 U.S.C. 80a–24(b)) that includes
performance data, unless the sales
literature also includes the appropriate
uniformly computed data and the
legend disclosure required in
investment company advertisements by
rule 482 under the Securities Act of
1933 (17 CFR 230.482). Requiring the
inclusion of such standardized
performance data in sales literature is
designed to prevent misleading
performance claims by funds and to
enable investors to make meaningful
comparisons among funds.
The Commission estimates that on
average approximately 130 respondents
file 13,685 1 responses that include the
information required by rule 34b–1 each
year. The burden resulting from the
collection of information requirements
of rule 34b–1 is estimated to be 2 hours
per response. The total annual burden
hours for rule 34b–1 is approximately
27,370 hours per year in the aggregate.2
The collection of information under
rule 34b–1 is mandatory. The
information provided under rule 34b–1
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 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:
1 The estimated number of responses to rule 34b–
1 is composed of 13,378 responses filed with
FINRA and 307 responses filed with the
Commission in 2013.
2 13,685 responses × 2 hours per response =
27,370.
E:\FR\FM\03OCN1.SGM
03OCN1
]]>Agencies
[Federal Register Volume 79, Number 192 (Friday, October 3, 2014)]
[Notices]
[Page 59871]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-23576]
-----------------------------------------------------------------------
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:
Form N-54A, SEC File No. 270-182, OMB Control No. 3235-0237.
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'') has submitted to the Office of Management
and Budget a request for extension of the previously approved
collection of information discussed below.
Under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.)
(the ``Investment Company Act''), certain investment companies can
elect to be regulated as business development companies, as defined in
Section 2(a)(48) of the Investment Company Act (15 U.S.C. 80a-
2(a)(48)). Under Section 54(a) of the Investment Company Act (15 U.S.C.
80a-53(a)), any company defined in Section 2(a)(48)(A) and (B) may
elect to be subject to the provisions of Sections 55 through 65 of the
Investment Company Act (15 U.S.C. 80a-54 to 80a-64) by filing with the
Commission a notification of election, if such company has: (1) A class
of equity securities registered under Section 12 of the Securities
Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Exchange Act''); or (2)
filed a registration statement pursuant to Section 12 of the Exchange
Act for a class of equity securities. The Commission has adopted Form
N-54A (17 CFR 274.53) as the form for notification of election to be
regulated as business development companies.
The purpose of Form N-54A is to notify the Commission that the
investment company making the notification elects to be subject to
Sections 55 through 65 of the Investment Company Act, enabling the
Commission to administer those provisions of the Investment Company Act
to such companies.
The Commission estimates that on average approximately 14 business
development companies file these notifications each year. Each of those
business development companies need only make a single filing of Form
N-54A. The Commission further estimates that this information
collection imposes a burden of 0.5 hours, resulting in a total annual
PRA burden of 7 hours. Based on the estimated wage rate, the total cost
to the business development company industry of the hour burden for
complying with Form N-54A would be approximately $2,338.
The collection of information under Form N-54A is mandatory. The
information provided by the form 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
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:
Shagufta_Ahmed@omb.eop.gov; and (ii) Thomas Bayer, Chief Information
Officer, Securities and Exchange Commission, c/o Remi Pavlik-Simon, 100
F Street NE., Washington, DC 20549 or send an email to:
PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30 days
of this notice.
Dated: September 29, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-23576 Filed 10-2-14; 8:45 am]
BILLING CODE 8011-01-P
