[Federal Register Volume 59, Number 101 (Thursday, May 26, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12892]
[[Page Unknown]]
[Federal Register: May 26, 1994]
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SECURITIES AND EXCHANGE COMMISSION
Forms Under Review by Office of Management and Budget
Agency Clearance Officer: John J. Lane, (202) 942-8800.
Upon Written Request, Copy Available From: Securities and Exchange
Commission, Office of Filings and Information Services, 450 Fifth
Street, N.W., Washington, D.C. 20549.
Extensions
Form N-4--File No. 270-282
Form N-17f-1--File No. 270-316
Form N-17f-2--File No. 270-317
Form ADV-E--File No. 270-318
Rule 6A-1 and Form 1--File No. 270-18
Form 12b-1--File No. 270-188
Form 22d-1--File No. 270-275
Proposed Revisions
Form S-1--File No. 270-58
Form S-4--File No. 270-287
Form 10--File No. 270-51
Form 10-K--File No. 270-48
Form F-1--File No. 270-249
Form F-2--File No. 270-250
Form F-3--File No. 270-251
Form F-4--File No. 270-288
Form 20-F--File No. 270-156
Regulation S-X--File No. 270-3
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 OMB approval extensions and/or proposed revisions for
the following rules and forms:
Form N-4 is the registration form used by separate accounts
offering variable annuity contracts. The form is used to register the
separate accounts as unit investment trusts under the Investment
Company Act of 1940 (1940 Act) and to register the securities issued by
the separate accounts under the Securities Act of 1933. There are
approximately 288 registrants currently filing Form N-4. It is
estimated that it would take 139.3 hours per respondent with a total
annual burden of 40,118 hours.
Form N-17f-1 is the cover sheet for accountant examination
certificates filed pursuant to rule 17f-1 under the 1940 Act by
management investment companies maintaining securities or other
investments with companies that are members of a national securities
exchange. There are approximately 23 registrants currently filing
accountant examination certificates. The time necessary for investment
companies to comply with the form's requirements is less than three
minutes.
Form N-17f-2 is the cover sheet for accountant examination
certificates filed pursuant to rule 17f-2 under the 1940 Act by
management investment companies maintaining custody of securities or
other investments. There are approximately 130 registrants currently
filing accountant examination certificates. The time necessary for
investment companies to comply with the form's requirements is less
than three minutes.
Form ADV-E is the cover sheet for accountant examination
certificates filed pursuant to rule 206(4)-2 under the Investment
Advisers Act of 1940 (Advisers Act) by investment advisers retaining
custody of client securities or funds. There are approximately 752
registrants currently filed accountant examination certificates. The
time necessary for investment advisers to comply with the form's
requirements is less than three minutes.
Rule 6a-1 and Form 1 prescribes the form for registration as a
national securities exchange. New filings on Form 1 are very rare, with
an estimated burden of 45 hours per response.
Rule 22d-1 requires that any scheduled variation be applied
uniformly to all offerees. Absent adequate public notice, shareholders
would not necessarily learn about new scheduled variations in sales
load. The rule imposes a burden of 15 minutes annually, per respondent.
Rule 12b-1 requires registered open-end investment companies that
intend to distribute their own securities and pay the expenses of
distribution to adopt a distribution plan, provide directors with
quarterly reports of expenditures pursuant to that plan and keep
certain records. The rule imposes an annual burden of 40 hours per
registrant to maintain a distribution plan.
Form S-1 is used by issuers that are not eligible to use any of the
specialized forms to register securities pursuant to the federal
securities laws. It is estimated that approximately 1,239 respondents
would file Form S-1 annually at 1,275 burden hours per response with a
total annual burden of 1,579,725 hours.
Form S-4 is used by issuers to register securities issued in
business combination transactions pursuant to the federal securities
laws. It is estimated that approximately 505 respondents would file
Form S-4 annually at 1,235 burden hours per response with a total
annual burden of 623,675 hours.
Form 10 registers securities pursuant to Section 12(b) or 12(g)
under the Securities Exchange Act of 1934 for classes of issuers for
which no other form is prescribed. It is estimated that approximately
110 respondents would file Form 10 annually at 99 burden hours per
response with a total annual burden of 10,890 hours.
Form 10-K elicits information concerning the financial condition
and business operations for each fiscal year for issuers of publicly-
traded securities pursuant to Sections 13 or 15(d) of the Securities
Exchange Act of 1934. It is estimated that approximately 6,261
respondents would file Form 10-K annually at 1,692.5 burden hours per
response with a total annual burden of 10,596,742.5 hours.
Form F-1 is used by foreign issuers to register securities pursuant
to the federal securities laws. It is estimated that approximately 13
respondents would file Form F-1 annually at 2,190 burden hours per
response with a total annual burden of 28,470 hours.
Form F-2 is used by foreign private issuers to register securities
pursuant to the federal securities laws. It is estimated that
approximately 3 respondents would file Form F-2 annually at 764 burden
hours per response with a total annual burden of 2,292 hours.
Form F-3 is used by foreign private issuers to register securities
pursuant to the federal securities laws. It is estimated that
approximately 5 respondents would file Form F-3 annually at 214 burden
hours per response with a total annual burden of 1,070 hours.
Form F-4 is used by foreign private issuers to register securities
issues in connection with business combinations pursuant to the federal
securities laws. It is estimated that approximately 2 respondents would
file Form F-4 annually at 1,309 burden hours per response with a total
annual burden of 2,618 hours.
Form 20-F elicits material information concerning the financial
condition and operations of foreign private issuers in order to permit
investors to make informed investment decisions. It is estimated that
approximately 133 respondents would file Form 20-F annually at 1,995
burden hours per response with a total annual burden of 265,335 hours.
Regulation S-X has been assigned one burden hour for administrative
convenience, since the regulation simply prescribes the disclosure that
must appear in other filings under the securities laws.
General comments regarding the estimated burden hours should be
directed to 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 John J. Lane, Associate Executive
Director, Securities and Exchange Commission, 450 Fifth Street, NW.,
Washington, DC 20549 and OMB Clearance Officer for the Securities and
Exchange Commission, Office of Management and Budget, room 3208, New
Executive Office Building, Washington, DC 20503 (Project Numbers 3235-
0318, 3235-0359, 3235-0360, 3235-0361, 3235-0017, 3235-0212, 3235-0310,
3235-0065, 3235-0324, 3235-0064, 3235-0063, 3235-0258, 3235-0257, 3235-
0256, 3235-0325, 3235-0288, and 3235-0009).
Dated: May 13, 1994.
Jonathan G. Katz,
Secretary.
[FR Doc. 94-12892 Filed 5-25-94; 8:45 am]
BILLING CODE 8010-01-M
