[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