[Federal Register Volume 68, Number 68 (Wednesday, April 9, 2003)]
[Notices]
[Page 17416]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-8633]


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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, 450 Fifth 
Street, NW., Washington, DC 20549.
Extension:
    Rule 489 and Form F-N; SEC File No. 270-361; OMB Control No. 
3235-0411.

    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'') 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.

Rule 489 Under the Securities Act of 1933, Filing of Form by Foreign 
Banks and Certain of Their Holding Companies and Finance Subsidiaries; 
and Form F-N, Appointment of Agent for Service of Process by Foreign 
Banks and Foreign Insurance Companies and Certain of Their Holding 
Companies and Finance Subsidiaries Making Public Offerings of 
Securities in the United States

    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 
United States when making a public offering of securities. 
Approximately four 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 five hours, as one of the entities has submitted 
multiple filings.
    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.
    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 or 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 Kenneth A. Fogash, Acting 
Associate Executive Director/CIO, Office of Information Technology, 
Securities and Exchange Commission, 450 Fifth Street, NW., Washington, 
DC, 20549.

    Dated: April 2, 2003.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 03-8633 Filed 4-8-03; 8:45 am]
BILLING CODE 8010-01-P