[Federal Register Volume 88, Number 161 (Tuesday, August 22, 2023)]
[Notices]
[Pages 57149-57150]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-18010]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-559, OMB Control No. 3235-0621]


Proposed Collection; Comment Request; Extension: Form 15F

Upon Written Request Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736
    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.

[[Page 57150]]

    Form 15F (17 CFR 249.324) is filed by a foreign private issuer when 
terminating its Exchange Act reporting obligations pursuant to Exchange 
Act Rule 12h-6 (17 CFR 240.12h-6). Form 15F requires a foreign private 
issuer to disclose information that helps investors understand the 
foreign private issuer's decision to terminate its Exchange Act 
reporting obligations and assists the Commission staff in determining 
whether the filer is eligible to terminate its Exchange Act reporting 
obligations pursuant to Rule 12h-6. Rule 12h-6 provides a process for a 
foreign private issuer to exit the Exchange Act registration and 
reporting regime when there is relatively little U.S. investor interest 
in its securities. Rule 12h-6 is intended to remove a disincentive for 
foreign private issuers to register their securities with the 
Commission by lessening concerns that the Exchange Act registration and 
reporting system would be difficult to exit once an issuer enters it. 
We estimate that Form 15F takes approximately 30 hours to prepare and 
is filed by approximately 30 issuers. We estimate that 25% of the 30 
hours per response (7.5 hours per response) is prepared by the filer 
for a total annual reporting burden of 225 hours (7.5 hours per 
response x 30 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 October 23, 2023.
    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: August 17, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-18010 Filed 8-21-23; 8:45 am]
BILLING CODE 8011-01-P