[Federal Register Volume 66, Number 143 (Wednesday, July 25, 2001)]
[Notices]
[Page 38771]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-18517]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, 
DC 20549
Extension:
    Regulation A and Forms 1-A and 2-A, OMB Control No. 3235-0286, 
SEC File No. 270-110.

    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'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Regulation A provides an exemption from registration under the 
Securities Act for certain limited securities offerings by issuers who 
do not otherwise file reports with the Commission. Form 1-A is an 
offering statement filed under Regulation A. Form 2-A. Form 2-A is used 
to report sales and use of proceeds in Regulation A offerings. 
Approximately 186 issuers file Forms 1-A and 2-A. It is estimated that 
Form 1-A takes 608 hours to prepare, Form 2-A takes 12 hours to prepare 
and Regulation A takes one administrative hour to review for a total of 
621 hours per response. The total annual burden hours are 115,506. It 
is estimated that 75% of the 115,506 total burden hours (86,630 burden 
hours) would be prepared by the company.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information collected; and (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques of other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication.
    Please direct your written comments to Michael E. Bartell, 
Associate Executive Director, Office of Information Technology, 
Securities and Exchange Commission, 450 5th Street, NW., Washington, DC 
20549.

    Dated: July 18, 2001.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 01-18517 Filed 7-24-01; 8:45 am]
BILLING CODE 8010-01-M