96-29440. Proposed Collection; Comment Request

[Federal Register Volume 61, Number 223 (Monday, November 18, 1996)]
[Notices]
[Page 58716]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-29440]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549
Extension: Rule 18f-3--SEC File No. 270-385--OMB Control No. 3235-0441

    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 publishing for public comment the 
following summary of previously approved information collection 
requirements.
    Rule 18f-3 permits any registered open-end management investment 
company that satisfies its conditions to issue multiple classes of 
shares representing interests in the same portfolio of securities but 
having different arrangements for shareholder services, distribution, 
or both. Rule 18f-3 requires, among other things, that a multiple class 
fund adopt a written plan setting forth the different class 
arrangements. The Commission estimates that approximately 600 
investment companies use rule 18f-3 and that the annual paperwork 
burden is approximately one hour per respondent, for a total of about 
600 burden hours.
    The estimate of average burden hours is made solely for the 
purposes of the Paperwork Reduction Act, and is not derived from a 
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.
    Direct your written comments to Michael E. Bartell, Associate 
Executive Director, Office of Information Technology, Securities and 
Exchange Commission, 450 5th Street, N.W., Washington, DC 20549.

    Dated: November 7, 1996.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-29440 Filed 11-15-96; 8:45 am]
BILLING CODE 8010-01-M