Rule 7d-1, Specification of conditions and arrangements for Canadian management investment companies requesting order permitting registration

Forms and Documents

Document Name	Status
20250813_3235-0311_2025-15313_90 FR 39007_30-Day Submission Notice.pdf.pdf Supplementary Document	2025-08-13
SUPPORTING STATEMENT_Rule 7d-1 (2025) (revised).pdf Supporting Statement A	2025-07-29
2025 05 29_90 FR 22819_3235-0311_60-Day Collection Notice.pdf Supplementary Document	2025-05-29

IC Document Collections

IC ID	Document Title	Status
34817	Rule 7d-1, Specification of conditions and arrangements for Canadian management investment companies requesting order permitting registration	Modified

ICR Details

OMB Control No: 3235-0311	ICR Reference No: 202505-3235-017
Status: Received in OIRA	Previous ICR Reference No: 202206-3235-012
Agency/Subagency: SEC	Agency Tracking No: IM
Title: Rule 7d-1, Specification of conditions and arrangements for Canadian management investment companies requesting order permitting registration
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular	Date Submitted to OIRA: 08/13/2025

	Requested	Previously Approved
Expiration Date	36 Months From Approved	11/30/2025
Responses	1	1
Time Burden (Hours)	5	4
Cost Burden (Dollars)	5,256	5,130

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Abstract: Rule 7d-1 (17 CFR 270.7d-1) under the Investment Company Act of 1940 allows a Canadian management investment company to request an order from the Commission permitting it to register under certain conditions. The Canadian management investment company has certain reporting requirements, including filing an application and certain other documents with the Commission, to ensure that the substantive provisions of the Act may be enforced as a matter of contract right in the United States or Canada by the fund's shareholders or by the Commission.

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Authorizing Statute(s): US Code: 15 USC 80a-7 Name of Law: Investment Company Act of 1940
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 22819	05/29/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 39007	08/13/2025
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Rule 7d-1, Specification of conditions and arrangements for Canadian management investment companies requesting order permitting registration

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ICR Summary of Burden

	Total Request	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	1	1	0	0	0	0
Annual Time Burden (Hours)	5	4	0	0	1	0
Annual Cost Burden (Dollars)	5,256	5,130	0	0	126	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The estimated number of 5 burden hours reflects a change of .58 from the previous allocation of 4.42 burden hours. In a prior allocation, a single registrant filed one supplemental application under rule 7d-1 in the three years prior to such allocation, and for purposes of this PRA, we are assuming one supplemental application under rule 7d-1 would be filed in a three-year period. The estimated cost burden of $5,256 has increased by $126 from the prior estimate of $5,130. The workload for the lone registrant has not changed but the estimated average cost of outside counsel has increased since the previous allocation.

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Annual Cost to Federal Government:

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 08/13/2025

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