[Federal Register Volume 68, Number 128 (Thursday, July 3, 2003)]
[Notices]
[Pages 39990-39991]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-16886]


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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, 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'') has submitted to the Office of Management 
and Budget a request for extension of the previously approved 
collection of information discussed below.
    Form 2-E under the Securities Act of 1933, Report of Sales Pursuant 
to Rule 609 of Regulation E; and 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.

[[Page 39991]]

    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.
    Form 2-E does not involve any recordkeeping requirements. The 
information required by the form is mandatory and the information 
provided will not be kept confidential. The Commission may not conduct 
or sponsor, and a person is not required to respond to, a collection of 
information unless it displays a currently valid control number.
    General comments regarding the above information should be directed 
to the following persons: (i) Desk 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, DC 20503; and (ii) Kenneth A. Fogash, Acting 
Associate Executive Director/CIO, Office of Information Technology, 
Securities and Exchange Commission, 450 Fifth Street, NW., Washington, 
DC 20549. Comments must be submitted to OMB within 30 days of this 
notice.

    Dated: June 23, 2003.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 03-16886 Filed 7-2-03; 8:45 am]
BILLING CODE 8010-01-P