[Federal Register Volume 77, Number 168 (Wednesday, August 29, 2012)]
[Notices]
[Page 52373]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-21258]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.
Extension:
    Voluntary XBRL-Related; SEC File No. 270-550; OMB Control No. 3235-
0611.

Documents

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.) (``Paperwork Reduction Act''), the 
Securities and Exchange Commission (the ``Commission'') is soliciting 
comments on the collection of information summarized below. The 
Commission plans to submit this existing collection of information to 
the Office of Management and Budget (``OMB'') for extension and 
approval.
    As part of our evaluation of the potential of interactive data 
tagging technology, the Commission permits registered investment 
companies (``funds'') to submit on a voluntary basis specified 
financial statement and portfolio holdings disclosure tagged in 
eXtensible Business Reporting Language (``XBRL'') format as an exhibit 
to certain filings on the Commission's Electronic Data Gathering, 
Analysis and Retrieval System (``EDGAR''). The current voluntary 
program permits any fund to participate merely by submitting a tagged 
exhibit in the required manner. These exhibits are publicly available 
but are considered furnished rather than filed. The purpose of the 
collection of information is to help evaluate the usefulness of data 
tagging and XBRL to registrants, investors, the Commission, and the 
marketplace.
    We estimate that no funds participate in the voluntary program each 
year. This information collection, therefore, imposes no time burden; 
however, we are requesting a one hour burden for administrative 
purposes. We also estimate that the information collection imposes no 
cost burden.
    Estimates of average burden hours and costs are made solely for the 
purposes of the Paperwork Reduction Act and are not derived from a 
comprehensive or even representative survey or study of the costs of 
Commission rules and forms. Participation in the program is voluntary. 
Submissions under the program will not be 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 OMB 
control number.
    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 Thomas Bayer, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 6432 General Green Way, Alexandria, VA 22312; or send an 
email to: [email protected].

    Dated: August 23, 2012.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2012-21258 Filed 8-28-12; 8:45 am]
BILLING CODE 8011-01-P