[Federal Register Volume 69, Number 174 (Thursday, September 9, 2004)]
[Notices]
[Pages 54707-54708]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-20374]


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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 S: OMB Control No. 3235-0357; SEC File No. 270-315.

[[Page 54708]]

    Rule 13e-3 (Schedule 13E-3): OMB Control No. 3235-0007; SEC File 
No. 270-1.

    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 and 
Budget for extension and approval.
    Regulation S (OMB Control No. 3235-0357; SEC File No. 270-315) 
includes rules governing offers and sales of securities made outside 
the United States without registration under the Securities Act of 
1933. The purpose of Regulation S is to provide clarification of the 
extent to which Section 5 of the Securities Act applies to sales and 
re-sales of securities outside of the United States. Regulation S is 
assigned one burden hour for administrative convenience.
    Rule 13e-3 and Schedule 13E-3 (OMB Control No. 3235-0007; SEC File 
No. 270-1)--Rule 13e-3 prescribes the filing, disclosure and 
dissemination requirements in connection with an on going private 
transaction by an issuer or an affiliate. Schedule 13E-3 provides 
shareholders and the marketplace with information concerning on going 
private transactions that is important in determining how to respond to 
such transactions. The information collected permits verification of 
compliance with securities laws requirements and ensures the public 
availability and dissemination of the collected information. 
Approximately 600 issuers file Schedule 13E-3 annually and it takes 
approximately 137.25 hours per response for a total of 82,350 annual 
burden hours. It is estimated that 25% of the 82,350 total burden hours 
(20,588 burden hours) is prepared by the company. The remaining 75% of 
the total burden is attributed to outside cost.
    Written comments are invited on: (a) Whether these 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 
collections 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 R. Corey Booth, Director/
Chief Information Officer, Office of Information Technology, Securities 
and Exchange Commission, 450 Fifth Street NW., Washington, DC 20549.

    Dated: August 30, 2004.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-20374 Filed 9-8-04; 8:45 am]
BILLING CODE 8010-01-M