[Federal Register Volume 87, Number 45 (Tuesday, March 8, 2022)]
[Notices]
[Page 13035]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-04801]
[[Page 13035]]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-056, OMB Control No. 3235-0059]
Proposed Collection; Comment Request
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Extension:
Regulation 14A (Commission Rules 14a-1 through 14a-21 and
Schedule 14A)
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 this
existing collection of information to the Office of Management and
Budget for extension and approval.
Section 14(a) of the Securities Exchange Act of 1934 (the
``Exchange Act'') operates to make it unlawful for a company with a
class of securities registered pursuant to Section 12 of the Exchange
Act to solicit proxies in contravention of such rules and regulations
as the Commission has prescribed as necessary or appropriate in the
public interest or for the protection of investors. The Commission has
promulgated Regulation 14A to regulate the solicitation of proxies or
consents. Regulation 14A (Exchange Act Rules 14a-1 through 14a-21 and
Schedule 14A) (17 CFR 240.14a-1 through 240.14a-21 and 240.14a-101)
sets forth the requirements for the dissemination, content and filing
of proxy or consent solicitation materials in connection with annual or
other meetings of holders of a Section 12-registered class of
securities. We estimate that Schedule 14A takes approximately 162.7864
hours per response and will be filed by approximately 6,369 issuers
annually. In addition, we estimate that 75% of the 162.7864 hours per
response (122.0898 hours) is prepared by the issuer for an annual
reporting burden of 777,590 hours (122.0898 hours per response x 6,369
responses).
Written comments are invited on: (a) Whether this 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 imposed by 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 by May 9, 2022.
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.
Please direct your written comment to David Bottom, Director/Chief
Information Officer, Securities and Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington, DC 20549 or send an email to:
[email protected].
Dated: March 2, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-04801 Filed 3-7-22; 8:45 am]
BILLING CODE 8011-01-P