Document ID: SEC-2016-1761-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2016-10-03T04:00Z

[Federal Register Volume 81, Number 191 (Monday, October 3, 2016)]
[Notices]
[Page 68087]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-23760]

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SECURITIES AND EXCHANGE COMMISSION

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 13D and Regulation 13G; Schedule 13D and Schedule 
13G, SEC File No. 270-137, OMB Control No. 3235-0145

    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.
    Schedules 13D and 13G are filed pursuant to Sections 13(d) and 
13(g) of the Securities Exchange Act and Regulations 13D and 13G 
thereunder to report beneficial ownership of equity securities 
registered under Section 12 of the Exchange Act. Regulations 13D and 
13G provide investors, the subject issuers, and market participants 
with information about the accumulation of equity securities that may 
have the potential to change or influence control of an issuer. 
Schedules 13D and 13G are filed by persons, including small entities, 
to report their ownership of more than 5% of a class of equity 
securities registered under Section 12. We estimate that it takes 
approximately 14.5 burden hours to prepare a Schedule 13D and that it 
is filed by approximately 1,508 respondents. In addition, we estimate 
that 25% of the 14.5 hours per response (3.625 hours per response) is 
carried internally by the respondent for a total annual reporting 
burden of 5,467 hours (3.625 hours per response x 1,508 responses).
    We estimate that it takes approximately 12.4 burden hours to 
prepare Schedule 13G and that it is filed by approximately 7,079 
respondents. We estimate that 25% of the 12.4 hours per response (3.1 
hours per response) is carried internally by the respondent for a total 
annual reporting burden of 21,945 hours (3.1 hours per response x 7,079 
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 
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 in writing within 60 
days of this publication.
    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 comments to Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549.

    Dated: September 27, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-23760 Filed 9-30-16; 8:45 am]
 BILLING CODE 8011-01-P