Document ID: SEC-2009-1800-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2009-12-23T05:00Z

[Federal Register: December 23, 2009 (Volume 74, Number 245)]
[Notices]               
[Page 68289]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr23de09-95]                         

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SECURITIES AND EXCHANGE COMMISSION

 
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:
    Rule 30e-1; SEC File No. 270-21; OMB Control No. 3235-0025.

    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 (the ``Commission'') has submitted to the Office of 
Management and Budget a request for extension of the previously 
approved collection of information discussed below.
    The title for the collection of information is: Rule 30e-1 (CFR 
270.30e-1) under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et 
seq.) Reports to Stockholders of Management Companies. Section 30(e) 
(15 U.S.C. 80a-29(e)) of the Investment Company Act of 1940 
(``Investment Company Act'') requires a registered investment company 
(``fund'') to transmit to its shareholders, at least semi-annually, 
reports containing financial statements and other financial information 
as the Commission may prescribe by rules and regulations. In addition, 
Section 30(f) permits the Commission to require by rule that semi-
annual reports include such other information as the Commission deems 
necessary or appropriate in the public interest or for the protection 
of investors. Rule 30e-1 generally requires a fund to transmit to its 
shareholders, at least semi-annually, reports containing the 
information that is required to be included in such reports by the 
fund's registration statement form under the Investment Company Act. 
Failure to require the collection of this information would seriously 
impede the amount of current information available to shareholders and 
the public about funds and would prevent the Commission from 
implementing the regulatory program required by statute. Approximately 
2,800 funds, with a total of approximately 10,460 portfolios, respond 
to rule 30e-1 annually. The proposed frequency of response is semi-
annual. The estimate of the total annual reporting burden of the 
collection of information is approximately 114.2 hours per portfolio, 
and the total estimated annual burden for the industry is 1,194,532 
hours (114.2 hours x 10,460 portfolios). Providing the information 
required by rule 30e-1 is mandatory. Responses will not be kept 
confidential. Estimates of the burden hours are made solely for the 
purposes of the Paperwork Reduction Act, and are not derived from a 
comprehensive or even a representative survey or study of the costs of 
SEC rules and forms.
    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 general comments regarding the above information to 
the following persons: (i) Desk Officer for the Securities and Exchange 
Commission, Office of Management and Budget, Room 10102, New Executive 
Office Building, Washington, DC 20503 or send an e-mail to Shagufta 
Ahmed at Shagufta_Ahmed@omb.eop.gov; and (ii) Charles Boucher, 
Director/CIO, Securities and Exchange Commission, c/o Shirley 
Martinson, 6432 General Green Way, Alexandria, VA 22312; or send an e-
mail to: PRA_Mailbox@sec.gov. Comments must be submitted to OMB within 
30 days of this notice.

     December 16, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E9-30432 Filed 12-22-09; 8:45 am]

BILLING CODE 8011-01-P