[Federal Register Volume 65, Number 124 (Tuesday, June 27, 2000)]
[Notices]
[Page 39633]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-16204]



[[Page 39633]]

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SECURITIES AND EXCHANGE COMMISSION

[Rule 489 and Form F-N, SEC File No. 270-361, OMB Control No. 3235-
0411; Form 24F-2, SEC File No. 270-399, OMB Control No. 3235-0456]


Submission for OMB Review; Comment Request: Upon Written Request, 
Copies Available From: Securities and Exchange Commission, Office of 
Filings and Information Services, Washington, DC 20549

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (``Act'') [44 U.S.C. 3501 et seq.], the Securities and 
Exchange Commission (``Commission'') has submitted to the Office of 
Management and Budget (``OMB'') a request for extension of the 
previously approved collections of information discussed below.
    Rule 489 under the Securities Act of 1933 [17 CFR 230.489] requires 
foreign banks and foreign insurance companies and holding companies and 
finance subsidiaries of foreign banks and foreign insurance companies 
that are excepted from the definition of ``investment company'' by 
virtue of Rules 3a-1, 3a-5, and 3a-6 under the Investment Company Act 
of 1940 to file Form F-N to appoint an agent for service of process in 
the United States when making a public offering of securities. 
Approximately seven entities are required by Rule 489 to file Form F-N, 
which is estimated to require an average of one hour to complete. The 
estimated annual burden of complying with the rule's filing requirement 
is approximately eight hours, as one of the entities has submitted 
multiple filings.
    Under 17 CFR 270.24f-2, any open-end management companies (``mutual 
funds''), unit investment trusts (``UITs'') or face-amount certificate 
companies (collectively, ``funds'') that are deemed to have registered 
an indefinite amount of securities must, not later than 90 days after 
the end of any fiscal year in which it has publicly offered such 
securities, file Form 24F-2 with the Commission. Form 24F-2 is the 
annual notice of securities sold by funds that accompanies the payment 
of registration fees with respect to the securities sold during the 
fiscal year.
    The Commission estimates that 8,203 funds file Form 24F-2 on the 
required annual basis. The average annual burden per respondent for 
Form 24F-2 is estimated to be one hour. The total annual burden for all 
respondents to Form 24F-2 is estimated to be 8,203 hours.
    Compliance with the collection of information required by Form 24F-
2 is mandatory. The Form 24F-2 filing that must be made to the 
Commission is available to the public.
    The estimates of average burden hours are made solely for the 
purposes of the Act and are not derived from a comprehensive or even 
representative survey or study of the cost of Commission rules and 
forms. 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.
    General comments regarding the above information should be directed 
to the following persons: (i) Desk Officer for the Securities and 
Exchange Commission, Office of Information and Regulatory Affairs, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; and (ii) Michael E. Bartell, Associate Executive 
Director, Office of Information Technology, Securities and Exchange 
Commission, 450 Fifth Street, NW., Washington, DC 20549. Comments must 
be submitted to OMB within 30 days of this notice.

    Dated: June 16, 2000.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 00-16204 Filed 6-26-00; 8:45 am]
BILLING CODE 8010-01-M