[Federal Register Volume 71, Number 87 (Friday, May 5, 2006)]
[Notices]
[Pages 26572-26573]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-6779]


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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: Rule 489 and Form F-N; SEC File No. 270-361; OMB Control 
No. 3235-0411.

    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 these 
existing collections of information to the Office of Management and 
Budget for extension and approval:
     Rule 489 (17 CFR 230.489) under the Securities Act of 1933 
(15 U.S.C. 77a

[[Page 26573]]

et seq.), Filing of Form by Foreign Banks and Insurance Companies and 
Certain of Their Holding Companies and Finance Subsidiaries; and Form 
F-N (17 CFR 239.43), Appointment of Agent for Service of Process by 
Foreign Banks and Foreign Insurance Companies and Certain of Their 
Holding Companies and Finance Subsidiaries Making Public Offerings of 
Securities in the United States.
    Rule 489 (17 CFR 230.489) under the Securities Act of 1933 (15 
U.S.C. 77a et seq.) requires foreign banks and foreign insurance 
companies and holding companies and finance subsidiaries of foreign 
banks and foreign insurance companies that are exempted from the 
definition of ``investment company'' by virtue of Rules 3a-1, 3a-5, and 
3a-6 under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) 
to file Form F-N under the Securities Act of 1933 to appoint an agent 
for service of process when making a public offering of securities in 
the United States. Approximately seven entities are required by Rule 
489 to file Form F-N, which is estimated to require an average of one 
hour to complete. The estimated annual burden of complying with the 
rule's filing requirement is approximately eleven hours, as some of the 
entities submitted multiple filings.
    The estimates of average burden hours are made solely for the 
purposes of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et 
seq.) 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 Information 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 25, 2006.
Nancy M. Morris,
Secretary.
[FR Doc. E6-6779 Filed 5-4-06; 8:45 am]
BILLING CODE 8010-01-P