[Federal Register Volume 75, Number 130 (Thursday, July 8, 2010)]
[Notices]
[Pages 39289-39290]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-16542]
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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 Investor Education and Advocacy, Washington, DC
20549-0213.
Extension:
Rule 155; OMB Control No. 3235-0549; SEC File No. 270-492.
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 this request for extension of the previously approved
collection of information discussed below.
Rule 155 (17 CFR 230.155) under the Securities Act of 1933 (15
U.S.C. 77a et seq.) provides safe harbors for a registered offering
following an abandoned private offering, or a private offering
following an abandoned registered offering, without integrating the
registered and private offerings in either case. Rule 155 requires any
prospectus filed as a part of a registration statement after a private
offering to include disclosure regarding abandonment of the private
offering. Similarly, the rule requires an issuer to provide each
offeree in a private offering following an abandoned registered
offering with: (1) Information concerning withdrawal of the
registration statement; (2) the fact that the private offering is
unregistered; and (3) the legal implications of the
[[Page 39290]]
offering's unregistered status. The likely respondents will be
companies. All information submitted to the Commission is available to
the public for review. Companies only need to satisfy the Rule 155
information requirements if they wish to take advantage of the rule's
safe harbors. The Rule 155 information is required only on occasion.
Rule 155 takes approximately 4 hours per response to prepare and is
filed by 600 respondents. We estimate that 50% of the 4 hours per
response (2 hours per response) is prepared by the filer for a total
annual reporting burden of 1,200 hours (2 hours per response x 600
responses).
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.
Written 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) Charles Boucher, Director/CIO, Securities
and Exchange Commission, C/O Shirley Martinson, 6432 General Green Way,
Alexandria, VA 22312; or send an e-mail to: [email protected].
Comments must be submitted to OMB within 30 days of this notice.
Dated: June 30, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-16542 Filed 7-7-10; 8:45 am]
BILLING CODE 8010-01-P