Submission for OMB Review; Comment Request, 56507 [2015-23467]
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tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 80, No. 181 / Friday, September 18, 2015 / Notices
The ‘‘Interactive Data’’ collection of
information requires issuers filing
registration statements under the
Securities Act of 1933 (15 U.S.C. 77a et
seq.) and reports under the Securities
Exchange Act of 1934 (15 U.S.C. 78a et
seq.) to submit specified financial
information to the Commission and post
it on their corporate Web sites, if any,
in interactive data format using
eXtensible Business Reporting Language
(XBRL). This collection of information
is located primarily in registration
statement and report exhibit provisions,
which require interactive data, and Rule
405 of Regulation S–T (17 CFR 232.405),
which specifies how to submit and post
interactive data. The exhibit provisions
are in Item 601(b)(101) of Regulation
S–K (17 CFR 229.601(b)(101), F–10
under the Securities Act (17 CFR
239.40) and Forms 20–F, 40–F and 6–K
under the Exchange Act (17 CFR
249.220f, 17 CFR 249.240f and 17 CFR
249.306).
In interactive data format, financial
statement information could be
downloaded directly into spreedsheets
and analyzed in a variety of ways using
commercial off-the-shelf software. The
specified financial information already
is and will continue to be required to be
submitted to the Commission in
traditional format under existing
requirements. The purpose of the
interactive data requirement is to make
financial information easier for
investors to analyze and assist issuers in
automating regulatory filings and
business information processing. We
estimate that 10,229 respondents per
year will each submit an average of 4.5
reponses per year for an estimated total
of 46,031 responses. We further estimate
an internal burden of 59 hours per
response for a total annual internal
burden of 2,715,829 hours (59 hours per
response × 46,031 responses).
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
VerDate Sep<11>2014
18:47 Sep 17, 2015
Jkt 235001
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 PavlikSimon, 100 F Street NE., Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov.
Dated: September 15, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–23465 Filed 9–17–15; 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
Extension:
Regulation 14C (Commission Rules 14c–1
through 14c–7 and Schedule 14C) SEC
File No. 270–057, OMB Control No.
3235–0057
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 this
request for extension of the previously
approved collection of information
discussed below.
Section 14(c) of the Securities
Exchange Act of 1934 (the ‘‘Exchange
Act’’) operates to require issuers that do
not solicit proxies or consents from any
or all of the holders of record of a class
of securities registered under Section 12
of the Exchange Act and in accordance
with the rules and regulations
prescribed under Section 14(a) in
connection with a meeting of security
holders (including action by consent) to
distribute to any holders that were not
solicited an information statement
substantially equivalent to the
information that would be required to
be transmitted if a proxy or consent
solicitation were made. Regulation 14C
(Exchange Act Rules 14c–1 through
14c–7 and Schedule 14C) (17 CFR
240.14c–1 through 240.14c–7 and
240.14c–101) sets forth the requirements
for the dissemination, content and filing
of the information statement. We
estimate that Schedule 14C takes
approximately 130.95 hours per
response and will be filed by
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56507
approximately 569 issuers annually. In
addition, we estimate that 75% of the
130.95 hours per response (98.21 hours)
is prepared by the issuer for an annual
reporting burden of 55,881 hours (98.21
hours per response × 569 responses).
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) 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: PRA_Mailbox@
sec.gov. Comments must be submitted to
OMB within 30 days of this notice.
Dated: September 15, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015–23467 Filed 9–17–15; 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
Extension:
Regulation 14A (Commission Rules 14a–1
through 14a–21 and Schedule 14A) SEC
File No. 270–056, OMB Control No.
3235–0059.
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 this
request for extension of the previously
approved collection of information
discussed below.
Section 14(a) of the Securities
Exchange Act of 1934 (the ‘‘Exchange
Act’’) operates to make it unlawful for
a company with a class of securities
registered pursuant to Section 12 of the
Exchange Act to solicit proxies in
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]]>Agencies
[Federal Register Volume 80, Number 181 (Friday, September 18, 2015)]
[Notices]
[Page 56507]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-23467]
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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:
Regulation 14C (Commission Rules 14c-1 through 14c-7 and
Schedule 14C) SEC File No. 270-057, OMB Control No. 3235-0057
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 this request for extension of the previously approved
collection of information discussed below.
Section 14(c) of the Securities Exchange Act of 1934 (the
``Exchange Act'') operates to require issuers that do not solicit
proxies or consents from any or all of the holders of record of a class
of securities registered under Section 12 of the Exchange Act and in
accordance with the rules and regulations prescribed under Section
14(a) in connection with a meeting of security holders (including
action by consent) to distribute to any holders that were not solicited
an information statement substantially equivalent to the information
that would be required to be transmitted if a proxy or consent
solicitation were made. Regulation 14C (Exchange Act Rules 14c-1
through 14c-7 and Schedule 14C) (17 CFR 240.14c-1 through 240.14c-7 and
240.14c-101) sets forth the requirements for the dissemination, content
and filing of the information statement. We estimate that Schedule 14C
takes approximately 130.95 hours per response and will be filed by
approximately 569 issuers annually. In addition, we estimate that 75%
of the 130.95 hours per response (98.21 hours) is prepared by the
issuer for an annual reporting burden of 55,881 hours (98.21 hours per
response x 569 responses).
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) 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: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 30
days of this notice.
Dated: September 15, 2015.
Brent J. Fields,
Secretary.
[FR Doc. 2015-23467 Filed 9-17-15; 8:45 am]
BILLING CODE 8011-01-P
