[Federal Register Volume 68, Number 79 (Thursday, April 24, 2003)]
[Notices]
[Page 20188]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-10154]


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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

Form 2-E, Rule 609, SEC File No. 270-222, OMB Control No. 3235-0233

    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.
    [sbull] Form 2-E under the Securities Act of 1933, Report of Sales 
pursuant to Rule 609 of Regulation E. Rule 609 under the Securities Act 
of 1933, Report of Sales.
    Form 2-E [17 CFR 239.201] is used by small business investment 
companies or business development companies engaged in limited 
offerings of securities to report semi-annually the progress of the 
offering, including the number of shares sold. The form solicits 
information such as the dates an offering has commenced and has been 
completed, the number of shares sold and still being offered, amounts 
received in the offering, and expenses and underwriting discounts 
incurred in the offering. This information assists the staff in 
determining whether the issuer has stayed within the limits of an 
offering exemption.
    Form 2-E must be filed semi-annually during an offering and as a 
final report at the completion of the offering. Less frequent filing 
would not allow the Commission to monitor the progress of the limited 
offering in order to ensure that the issuer was not attempting to avoid 
the normal registration provisions of the securities laws.
    During the calendar year 2002, there were four filings of Form 2-E 
by two respondents. The Commission estimates, based on its experience 
with disclosure documents generally and Form 2-E in particular, and 
based on informal contacts with the investment company industry, that 
the total annual burden associated with information collection, Form 2-
E preparation, and submission is four hours per filing or 16 hours for 
all respondents.
    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 23, 2003.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. 03-10154 Filed 4-23-03; 8:45 am]
BILLING CODE 8010-01-U