[Federal Register Volume 60, Number 78 (Monday, April 24, 1995)]
[Notices]
[Page 20130]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-10045]



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SECURITIES AND EXCHANGE COMMISSION


Under Review by Office of Management and Budget

Acting Agency Clearance Officer: David T. Copenhafer, (202) 942-8800
Upon Written Request, Copy Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549
Extension:
    Form U-6B-2--File No. 270-81
    Rule 52--File No. 270-326

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1980 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission has submitted for extension of OMB approval Form U-6B-2 (17 
CFR 250.20(d), 250.47(b) and 250.52(b)) and Rule 52 (17 CFR 250.52), 
and proposed amendments thereto, under the Public Utility Holding 
Company Act of 1935 (15 U.S.C. 79 et seq.).
    Form U-6B-2 generally is necessary to provide basic information 
relating to securities issued, sold, reissued or guaranteed pursuant to 
an exemption from section 6(a) of the Act. Exemption from section 6(a) 
eliminates the requirement of filing a declaration of Form U-1.
    Rule 52 permits public-utility subsidiary companies of registered 
holding companies to issue and sell certain securities without filing a 
declaration if certain conditions are met. Within ten days after the 
issue or sale of any security exempt under rule 52 (or, in some cases, 
on a quarterly basis), the issuer or seller must file with the 
Commission a certificate of notification on Form U-6B-2 containing the 
information prescribed by that form. Amendments to rule 52 have been 
proposed but not adopted. The proposed amendments would exempt 
additional public-utility financing, as well as certain nonutility 
financings. The current reporting requirement would not change as a 
result of these amendments.
    The Commission estimates that the compliance time for Form U-6B-2 
is one hour per filing, compared to 142 hours per filing for Form U-1. 
The Commission estimates the filing of 36 certificates of notification 
on Form U-6B-2 per year, having an annual burden of 36 hours.
    General comments regarding the estimated burden hours should be 
directed to the OMB Clearance Officer for the Securities and Exchange 
Commission at the address below. Any comments concerning the accuracy 
of the estimated average burden hours for compliance with Commission 
rules and forms should be directed to David T. Copenhafer, Acting 
Director, Office of Information Technology, Securities and Exchange 
Commission, 450 Fifth Street, NW., Washington, DC 20549, and SEC 
Clearance Officer, Office of Management and Budget, Paperwork Reduction 
Act Project Nos. 3235-0163 (Form U-6B-2) and 3235-0369 (Rule 52), Room 
3208, New Executive Office Building, Washington, DC 20503.

    Dated: April 12, 1995.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 95-10045 Filed 4-21-95; 8:45 am]
BILLING CODE 8010-01-M