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Federal forms, ICRs, and supporting documents

Information Collection Request

Regulation 14C (Commission Rules 14c-1 through 14c-7 and Schedule 14C)

ICR 201808-3235-014 · OMB 3235-0057 · Historical Active

Forms and Documents
Document
Name
Status
Supporting Statement A
2018-09-28
Supplementary Document
2018-08-16
IC Document Collections
IC ID
Document
Title
Status
34157
Modified
ICR Details
3235-0057 201808-3235-014
Historical Active 201505-3235-017
SEC CF 270-057
Regulation 14C (Commission Rules 14c-1 through 14c-7 and Schedule 14C)
Revision of a currently approved collection   No
Regular
Approved with change 10/01/2018
Retrieve Notice of Action (NOA) 08/29/2018
  Inventory as of this Action Requested Previously Approved
10/31/2021 36 Months From Approved 11/30/2018
569 0 569
55,870 0 55,881
7,450,184 0 7,451,624
Schedule 14C is filed by issuers of securities that are registered under Section 12 of the Securities Exchange Act of 1934 in connection with a consent solicitation.
US Code: 15 USC 78w(a) Name of Law: Securities Exchange Act of 1934
   PL: Pub.L. 114 - 94 72002 Name of Law: Fixing America's Surface Transportation Act of 2015
   US Code: 15 USC 77g, 77j, 77s Name of Law: Securities Act of 1933
   US Code: 15 USC 78c(b), 78l, 78m, 78o(d), Name of Law: Securities Exchange Act of 1934
  
None
3235-AL90 Final or interim final rulemaking 83 FR 31992 07/10/2018
No
1
IC Title Form No. Form Name
Regulation 14C (Commission Rules 14c-1 through 14c-7 and Schedule 14C)
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 569 569 0 0 0 0
Annual Time Burden (Hours) 55,870 55,881 0 -11 0 0
Annual Cost Burden (Dollars) 7,450,184 7,451,624 0 -1,440 0 0
No
Yes
Changing Regulations
The amendments in Release No. 33-10513 expand the number of registrants that qualify as smaller reporting companies and thereby are eligible to rely on the scaled disclosure requirements. Under the amended definition, smaller reporting companies generally include registrants with either (1) a public float of less than $250 million or (2) revenues of less than $100 million in the previous year and either no public float or public float of less than $700 million. The release also revises Rule 3-05(b)(2)(iv) of Regulation S-X to align the revenue threshold in that rule with the new revenue threshold in the definition of smaller reporting company. We anticipate that the amendments will decrease the burdens and costs for registrants to prepare and review filings that include scaled disclosure requirements for smaller reporting companies or for which acquired companies financial statements are required under Rule 3-05(b)(2)(iv). For purposes of the PRA, we estimate that the amendments to Regulation 14C and Schedule 14C will result in a net decrease of 11 burden hours and a net decrease in the cost burden of ($1,440) for the services of outside professionals.
$150,000
No
    No
    No
No
No
No
Uncollected
Amy Reischauer 202 551-3460 reischauerp@sec.gov
  No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
08/29/2018