[Federal Register Volume 59, Number 204 (Monday, October 24, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-26281]
[[Page Unknown]]
[Federal Register: October 24, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Request Under Review by Office of Management and Budget
Acting Agency Clearance Officer: David T. Copenhafer (202) 942-
8800.
Upon written request copy available from: Securities and Exchange
Commission, Office of Filings and Information Services, 450 5th Street,
N.W., Washington, D.C. 20549.
New
Mutual Fund Telephone Survey: File No. 270-395.
Mutual Fund Mail Survey: File No. 270-395.
Notice is hereby given that pursuant to the Paperwork Reduction Act
of 1980 (44 U.S.C. 3501 et seq), the Securities and Exchange Commission
(``Commission'') has submitted to the Office of Management and Budget
requests for approval to execute a mutual fund telephone survey and a
mutual fund mail survey.
The telephone survey will attempt to assess the public's
understanding of mutual funds and other financial matters. The results
will enable the Commission to better understand the level of investor
comprehension of mutual fund prospectuses and financial issues. The
telephone survey is divided into two parts; the first is the pretesting
of the survey questions and the second is the execution of the
telephone survey.
It is estimated that 334 people will be contracted during the
pretesting portion of the survey. Approximately 234 individuals will be
asked .5 of a minute of questions, the remaining 100 participants will
be asked about 10 minutes of questions. The time involved for those
contacted will be 117 minutes and 1,000 minutes respectively. The total
burden hours for the pretesting portion of the survey is 18.61 hours.
It is estimated that 8,334 people will be contacted in the second
phase of the telephone survey. Approximately 5,834 people will be asked
.5 of a minute of questions, the remaining 2,500 mutual fund share
holders will be asked 10 minutes of questions. The time involved for
the first group will be 2,917 minutes and 25,000 minutes respectively.
The total burden hours for the second phase of the survey will be
approximately 465.28 hours.
The total for both portions of the telephone survey is estimated to
be 483.89 burden hours.
The mutual fund mail survey will enable the Commission to evaluate
how knowledgeable and comfortable the individuals are with making
choices among mutual funds and other financial investments.
Approximately 1,000 individuals will be asked to answer about 10
minutes of questions for a total of 166.67 burden hours.
Direct general comments to the Clearance Officer for the Securities
and Exchange Commission at the address below. Direct any comments
concerning the accuracy of the estimated burden hours for compliance
with the Commission rules and forms to David T. Copenhafer, Acting
Director, Office of Information Technology, 450 Fifth Street, N.W.
Washington, D.C. 20549 and the Clearance Officer for the Securities and
Exchange Commission, Office of Management and Budget, Room 3208, New
Executive Office Building, Washington, D.C. 20503.
Dated: October 5, 1994.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 94-26281 Filed 10-21-94; 8:45 am]
BILLING CODE 8010-01-M
