[Federal Register Volume 78, Number 9 (Monday, January 14, 2013)]
[Notices]
[Page 2699]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-00519]


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SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0307, SEC File No. 270-21]


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:
    Form N-1A.

    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.
    Form N-1A (17 CFR 239.15A and 274.11A) is the form used by open-end 
management investment companies (``funds'') under the Investment 
Company Act of 1940 (15 U.S.C. 80a-1 et seq.) (``Investment Company 
Act'') and/or to register their securities under the Securities Act of 
1933 (15 U.S.C. 77a et seq.) (``Securities Act''). Section 5 of the 
Securities Act (15 U.S.C. 77e) requires the filing of a registration 
statement prior to the offer of securities to the public and that the 
statement be effective before any securities are sold, and Section 8 of 
the Investment Company Act (15 U.S.C. 80a-8) requires a fund to 
register as an investment company. Form N-1A also permits funds to 
provide investors with a prospectus and a statement of additional 
information (``SAI'') covering essential information about the fund 
when it makes an initial or additional offering of its securities. 
Section 5(b) of the Securities Act requires that investors be provided 
with a prospectus containing the information required in a registration 
statement prior to the sale or at the time of confirmation or delivery 
of the securities. The form also may be used by the Commission in its 
regulatory review, inspection, and policy-making roles.
    The Commission estimates that there are 48 initial registration 
statements and 5,642 post-effective amendments to initial registration 
statements filed on Form N-1A annually and that the average number of 
portfolios referenced in initial registration statements is 7.5, and 
the average number of portfolios referenced in post-effective amendment 
is 1.7. The Commission further estimates that the hour burden for 
preparing and filing a post-effective amendment on Form N-1A is 133.75 
hours per portfolio. The total annual hour burden for preparing and 
filing post-effective amendments is 1,279,720 hours (5,642 post-
effective amendments x 133.75 hours per portfolio). The estimated 
annual hour burden for preparing and filing initial registration 
statements is 298,969 hours (48 initial registration statements x 
830.47 hours per portfolio). The total annual hour burden for Form N-
1A, therefore, is estimated to be 1,578,689 hours (1,279,720 hours + 
298,969 hours).
    The information collection requirements imposed by Form N-1A are 
mandatory. Responses to the collection of information 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 control number.
    The public may view the background documentation for this 
information collection at the following Web site, www.reginfo.gov. 
Comments should be directed to: (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 by sending an email to: [email protected]; and (ii) Thomas Bayer, 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]. Comments must be submitted to OMB within 30 days of 
this notice.

    Dated: January 8, 2013.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-00519 Filed 1-11-13; 8:45 am]
BILLING CODE 8011-01-P