89 FR 76 pgs. 27808-27809 - Submission for OMB Review; Comment Request; Extension: Form C
Type: NOTICEVolume: 89Number: 76Pages: 27808 - 27809
Pages: 27808, 27809Docket number: [SEC File No. 270-658, OMB Control No. 3235-0716]
FR document: [FR Doc. 2024-08288 Filed 4-17-24; 8:45 am]
Agency: Securities and Exchange Commission
Official PDF Version: PDF Version
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-658, OMB Control No. 3235-0716]
Submission for OMB Review; Comment Request; Extension: Form C
Upon Written Request Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 20549-2736
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") has submitted to the Office of Management and Budget this request for extension of the previously approved collection of information discussed below.
Form C (17 CFR 239.900) is used by issuers offering securities in reliance on the crowdfunding exemption in Section 4(a)(6) (15 U.S.C. 77d(a)(6)) of the Securities Act of 1933 ("Securities Act") (15 U.S.C. 77a et seq. ) Form C will also be used by issuers that have completed transactions in reliance on Section 4(a)(6) to file annual reports or to provide notice of the termination of reporting obligations. The information collected is intended to create a framework for the filing and disclosure requirements of Title III Section 4A of the Jumpstart Our Business Startups Act (Pub. L. 112-106, 126 Stat. 306) to implement the exemption from Securities Act registration for offerings made in reliance on Section 4(a)(6). Form C takes approximately 61.3957 hours per response and is filed by approximately 3,476 respondents. We estimate that 75% of the 61.3957 hours per response (46.0468 hours per response) is prepared by the issuer for a total annual reporting burden of 160,059 hours (46.0468 hours per response x 3,476 responses).
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a currently valid control number.
[top] The public may view background documentation for this information collection at the following website: www.reginfo.gov . Find this particular information collection by selecting
Dated: April 15, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-08288 Filed 4-17-24; 8:45 am]
BILLING CODE 8011-01-P