95-10045. Under Review by Office of Management and Budget  

  • [Federal Register Volume 60, Number 78 (Monday, April 24, 1995)]
    [Notices]
    [Page 20130]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-10045]
    
    
    
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    SECURITIES AND EXCHANGE COMMISSION
    
    
    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, Washington, DC 
    20549
    Extension:
        Form U-6B-2--File No. 270-81
        Rule 52--File No. 270-326
    
        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 has submitted for extension of OMB approval Form U-6B-2 (17 
    CFR 250.20(d), 250.47(b) and 250.52(b)) and Rule 52 (17 CFR 250.52), 
    and proposed amendments thereto, under the Public Utility Holding 
    Company Act of 1935 (15 U.S.C. 79 et seq.).
        Form U-6B-2 generally is necessary to provide basic information 
    relating to securities issued, sold, reissued or guaranteed pursuant to 
    an exemption from section 6(a) of the Act. Exemption from section 6(a) 
    eliminates the requirement of filing a declaration of Form U-1.
        Rule 52 permits public-utility subsidiary companies of registered 
    holding companies to issue and sell certain securities without filing a 
    declaration if certain conditions are met. Within ten days after the 
    issue or sale of any security exempt under rule 52 (or, in some cases, 
    on a quarterly basis), the issuer or seller must file with the 
    Commission a certificate of notification on Form U-6B-2 containing the 
    information prescribed by that form. Amendments to rule 52 have been 
    proposed but not adopted. The proposed amendments would exempt 
    additional public-utility financing, as well as certain nonutility 
    financings. The current reporting requirement would not change as a 
    result of these amendments.
        The Commission estimates that the compliance time for Form U-6B-2 
    is one hour per filing, compared to 142 hours per filing for Form U-1. 
    The Commission estimates the filing of 36 certificates of notification 
    on Form U-6B-2 per year, having an annual burden of 36 hours.
        General comments regarding the estimated burden hours should be 
    directed to the OMB 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 David T. Copenhafer, Acting 
    Director, Office of Information Technology, Securities and Exchange 
    Commission, 450 Fifth Street, NW., Washington, DC 20549, and SEC 
    Clearance Officer, Office of Management and Budget, Paperwork Reduction 
    Act Project Nos. 3235-0163 (Form U-6B-2) and 3235-0369 (Rule 52), Room 
    3208, New Executive Office Building, Washington, DC 20503.
    
        Dated: April 12, 1995.
    Margaret H. McFarland,
    Deputy Secretary.
    [FR Doc. 95-10045 Filed 4-21-95; 8:45 am]
    BILLING CODE 8010-01-M
    
    

Document Information

Published:
04/24/1995
Department:
Securities and Exchange Commission
Entry Type:
Notice
Document Number:
95-10045
Pages:
20130-20130 (1 pages)
PDF File:
95-10045.pdf