[Federal Register Volume 68, Number 93 (Wednesday, May 14, 2003)]
[Notices]
[Page 25913]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-11997]


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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 C; OMB Control No. 3235-0074; SEC File No. 270-068.
    Form SB-1; OMB Control No. 3235-0423; SEC File No. 270-374.

    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 collections of 
information summarized below. The Commission plans to submit these 
existing collections of information to the Office of Management Budget 
for extension and approval.
    Regulation C provides standard instructions to guide persons when 
filing registration statements under the Securities Act of 1933. The 
information collected is intended to ensure the adequacy of information 
available to investors in the registration of securities. Regulation C 
is assigned one burden hour for administrative convenience because the 
regulation simply prescribes the disclosure that must appear in other 
filings under the federal securities laws.
    Small Business issuers use Form SB-1, as defined in Rule 405 of the 
Securities Act of 1933 (``Securities Act'') to register up to $10 
million of securities to be sold for cash, if they have not registered 
more than $10 million in securities offerings in any continuous 12-
month period, including the transaction being registered. The 
information to be collected is intended to ensure the adequacy of 
information available to investors in the registration of securities 
and assures public availability. Approximately 17 respondents filed 
Form SB-1 during the last fiscal year at an estimated 177 hours per 
response for a total annual burden of 12,036 hours. It is estimated 
that 25% of the total burden (3,009 hours) is prepared by the company.
    Written comments are invited on: (a) Whether these proposed 
collections of information are 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 collection 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: May 7, 2003.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 03-11997 Filed 5-13-03; 8:45 am]
BILLING CODE 8010-01-P