[Federal Register Volume 71, Number 87 (Friday, May 5, 2006)]
[Notices]
[Pages 26571-26572]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-6775]


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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: Form 2-E under 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

[[Page 26572]]

summarized below. The Commission plans to submit these existing 
collections of information to the Office of Management and Budget 
(``OMB'') for extension and approval.
     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
    Under Rule 609 under the Securities Act of 1933 (17 CFR 230.609), 
Form 2-E under the Securities Act of 1933 (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 2005, there were 36 filings of Form 2-E by 
24 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 144 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 R. Corey Booth, Director/
Chief Informtion Officer, Securities and Exchange Commission, C/O 
Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312, 
or send an e-mail to: [email protected].

    April 19, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6-6775 Filed 5-4-06; 8:45 am]
BILLING CODE 8010-01-P