[Federal Register Volume 59, Number 231 (Friday, December 2, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-29637]
[[Page Unknown]]
[Federal Register: December 2, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Forms Under Review by the Office of Management and Budget
Acting Agency Clearance Officer: Richard T. Redfearn (202) 942-8800
Upon Written Request Copy Available From: Securities and Exchange
Commission, Office of Filings and, Information Services, Washington, DC
20549
Proposed Revisions:
Regulation S-K--File No. 270-2
Regulation S-B--File No. 270-370
Regulations 13D and 13G--File No. 270-137
Rule 13e-3--File No. 270-1
Regulation 14A--File No. 270-56
Regulation 14D--File No. 270-114
Regulation A--File No. 270-110
Notice is hereby given pursuant to the Paperwork Reduction Act of
1980 (44 U.S.C. 3501 et seq.), that the Securities and Exchange
Commission (``Commission'') has requested approval of proposed
revisions to the following rules:
Regulations S-K and S-B provide the itemized disclosure
requirements used in connection with the integrated disclosure system.
These regulations have been designated as imposing an administrative
burden of one hour, because the actual regulatory burdens are
established by the individual forms that refer to the items in the
regulations. No change in the burden hours assigned to Regulations S-K
and S-B will result as a consequence of the revisions.
Regulations 13D and 13G govern the disclosure of information
relating to beneficial ownership of securities issued by public
companies. An estimated annual average of 6,536 respondents file
documents pursuant to these regulations. If the revisions to Regulation
13D are adopted as proposed, the estimated burden hours per submission
will increase from 13.75 hours to 14.75 hours, for a total annual
burden of 96,406 hours.
Rule 13e-3 governs the disclosure of information by an issuer that
is going private. An estimated annual average of 221 Schedules 13E-3
are filed pursuant to Rule 13e-3. If the proposals are adopted, the
estimated burden hours per filing will increase from 139.25 hours to
140.25 hours, for a total annual burden of 30,996 hours.
Regulation 14A sets out the requirements for disclosure documents
relating to proxy solicitations. An estimated annual average of 7,980
filers file proxy materials pursuant to this regulation. If the changes
are adopted as proposed, the estimated burden hours per filing will
increase from 85 hours to 86 hours, for a total annual burden of
686,280 hours.
Regulation 14D contains the disclosure requirements associated with
tender offer transactions. An average of 366 documents are filed
pursuant to this regulation each year. If the proposed changes to this
regulation are adopted, the estimated burden hours will increase from
353.25 hours per submission to 354.25 hours per filing, for a total
annual burden of 129,656 hours.
Regulation A sets out the disclosure obligations of designated
issuers who rely on certain exemptions from registration of securities.
An estimated average of 201 issuers file documents pursuant Regulation
A. If the revisions to this regulation are adopted, the estimated
burden hours per filing would increase from 620 hours to 621 hours, for
a total annual burden of 124,821 hours.
General comments regarding the estimated burden hours should be
directed to the Clearance Officer for the Securities and Exchange
Commission at the address below. Any comments concerning the accuracy
of the estimated average burden hours for compliance with Commission
rules and forms should be directed to Richard T. Redfearn, Acting
Director, Office of Information Technology, Securities and Exchange
Commission, 450 Fifth Street NW., Washington, DC 20549 and Clearance
Officer for the Securities and Exchange Commission, Office of
Management and Budget, (Project Nos. 3235-0071, 3235-0417, 3235-0145,
3235-0007, 3235-0059, 3235-0102 and 3235-0286), Room 3208, New
Executive Office Building, Washington, DC 20503.
Dated: November 21, 1994.
Jonathan G. Katz,
Secretary.
[FR Doc. 94-29637 Filed 12-1-94; 8:45 am]
BILLING CODE 8010-01-M
