Document ID: SEC-2014-1586-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2014-09-23T04:00Z

[Federal Register Volume 79, Number 184 (Tuesday, September 23, 2014)]
[Notices]
[Page 56835]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-22544]

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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, Washington, DC 20549-2736.

Extension:
    Form 3, SEC File No. 270-125, OMB Control No. 3235-0104.

    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.
    Under Section 16(a) of the Securities Exchange Act of 1934 
(``Exchange Act'') (15 U.S.C. 78a et seq.) every person who is directly 
or indirectly the beneficial owner of more than 10 percent of any class 
of any equity security (other than an exempted security) which 
registered under Section 12 of the Exchange Act (15 U.S.C. 781), or who 
is a director or an officer of the issuer of such security 
(collectively ``insiders''), must file a statement with the Commission 
reporting their ownership. Form 3 (17 CFR 249.103) is an initial 
statement of beneficial ownership of securities. The information is 
used for the purpose of disclosing the equity holdings of insiders of 
reporting companies. Approximately 16,855 insiders file Form 3 annually 
and it takes approximately 0.5 hours to prepare for a total of 8,428 
annual burden hours.
    Written comments are invited on: (a) Whether this proposed 
collections 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 collections 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.
    Please direct your written comments to Thomas Bayer, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549; or send an email 
to: PRAMailbox@sec.gov.

    Dated: September 17, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-22544 Filed 9-22-14; 8:45 am]
BILLING CODE 8011-01-P