[Federal Register Volume 73, Number 100 (Thursday, May 22, 2008)]
[Notices]
[Page 29793]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-11430]


=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

Upon written request, copies available from: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213

Extension:
    Regulation S-X; SEC File No. 270-3; OMB Control No. 3235-0009.

    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 (``OMB'') a request for extension of the previously approved 
collection of information discussed below.
    Information collected and information prepared pursuant to 
Regulation S-X focus on the form and content of, and requirements for, 
financial statements filed with periodic reports and in connection with 
the offer and sale of securities. Investors need reasonably current 
financial statements to make informed investment and voting decisions.
    The potential respondents include all entities that file 
registration statements or reports pursuant to the Securities Act of 
1933 (15 U.S.C. 77a, et seq.), the Securities Exchange Act of 1934 (15 
U.S.C. 78a, et seq.) or the Investment Company Act of 1940 (15 U.S.C. 
80a-1, et seq.).
    Regulation S-X specifies the form and content of financial 
statements when those financial statements are required to be filed by 
other rules and forms under the federal securities laws. Compliance 
burdens associated with the financial statements are assigned to the 
rule or form that directly requires the financial statements to be 
filed, not to Regulation S-X. Instead, an estimated burden of one hour 
traditionally has been assigned to Regulation S-X for incidental 
reading of the regulation. The estimated average burden hours are 
solely for purposes of the Paperwork Reduction Act and are not derived 
from a comprehensive or even a representative survey or study of the 
costs of SEC rules or forms.
    Recordkeeping retention periods are based on the disclosure 
required by various forms and rules other than Regulation S-X. In 
general, balance sheets for the preceding two fiscal years, income and 
cash flow statements for the preceding three fiscal years, and 
condensed quarterly financial statements must be filed with the 
Commission. Five-year summary financial information is required to be 
disclosed by some larger registrants.
    Filing financial statements, when required by the governing rule or 
form, is mandatory. Because these statements are provided for the 
purpose of disseminating information to the securities markets, they 
are not kept confidential.
    An agency 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 or send an e-mail to: [email protected], and (ii) R. Corey Booth, Director/Chief Information 
Officer, Office of Information Technology, Securities and Exchange 
Commission, C/O Shirley Martinson, 6432 General Green Way, Alexandria, 
Virginia 22312; or send an e-mail to: [email protected].

    Dated: May 15, 2008.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E8-11430 Filed 5-21-08; 8:45 am]
BILLING CODE 8010-01-P