[Federal Register Volume 66, Number 191 (Tuesday, October 2, 2001)]
[Notices]
[Page 50225]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-24543]


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SECURITIES AND EXCHANGE COMMISSION


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.
    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'') has submitted to the Office of Management 
and Budget request for extension of the previously approved collection 
of information discussed below.
    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 is used to report 
sales and use of proceeds in Regulation A offerings. All information is 
provided to the public for review. The information is filed on occasion 
and is mandatory. Approximately 186 issuers annually 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 burden 
is 115,506 hours. It is estimated that 75% of the 115,506 total burden 
hours (86,630 burden hours) would be prepared by the company. Finally, 
persons who respond to the collection of information prescribe to in 
Regulation A and its offering statements are not required to respond 
unless the collection of information displays a currently valid control 
number.
    Written comments regarding the above information should be directed 
to the following persons: (i) Desks Officer for the Securities and 
Exchange Commission, Office of Information and Regulatory Affairs, 
Office of Management and Budget, Room 10102, New Executive Office 
Building, Washington, D.C. 20503; and (ii) Michael E. Bartell, 
Associate Executive Director, Office of Information Technology, 
Securities and Exchange Commission, 450 Fifth Street, N.W., Washington, 
D.C. 20549. Comments must be submitted to OMB within 30 days of this 
notice.

    Dated: September 25, 2001.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 01-24543 Filed 10-1-01; 8:45 am]
BILLING CODE 8010-01-M