[Federal Register Volume 90, Number 19 (Thursday, January 30, 2025)]
[Notices]
[Page 8552]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-01936]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-214, OMB Control No. 3235-0240]


Proposed Collection; Comment Request; Extension: Rule 0-2, Form 
ADV-NR

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.
    The title for the collection of information is ``Rule 0-2 and Form 
ADV-NR under the Investment Advisers Act of 1940.'' Rule 0-2 and Form 
ADV-NR facilitate service of process on a non-resident investment 
adviser, and an investment adviser's non-resident general partner and 
non-resident managing agent. Form ADV-NR designates the Secretary of 
the Commission, among others, as the non-resident general partner's or 
non-resident managing agent's agent for service of process. The 
collection of information is necessary for the Commission to obtain 
appropriate consent to permit the Commission and other parties to bring 
actions against non-resident partners and agents for violations of the 
federal securities laws and to enable the commencement of legal and 
regulatory actions against investment advisers that are doing business 
in the United States, but are not residents.
    The respondents to this information collection are each non-
resident general partner and non-resident managing agent of both SEC-
registered investment advisers and exempt reporting advisers. Based on 
our experience with Form ADV-NR filings, we estimate we will receive 41 
Form ADV-NR filings annually, each taking one hour to complete, for an 
aggregate annual time burden of 41 hours. We estimate no external cost 
burden.
    Rule 0-2 and Form ADV-NR do not require recordkeeping or records 
retention. The collection of information requirements under the rule 
and form are mandatory. The information collected pursuant to Rule 0-2 
and Form ADV-NR is a filing with the Commission and is not kept 
confidential.
    Written comments are invited on: (a) whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission'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 by March 31, 2025.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    Please direct your written comments to: Austin Gerig, Director/
Chief Data Officer, Securities and Exchange Commission, c/o Tanya 
Ruttenberg, 100 F Street NE, Washington, DC 20549 or send an email to: 
[email protected].

    Dated: January 24, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-01936 Filed 1-29-25; 8:45 am]
BILLING CODE 8011-01-P