Document ID: SEC-2008-1488-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2008-10-30T04:00Z

[Federal Register: October 30, 2008 (Volume 73, Number 211)]
[Notices]               
[Page 64641-64642]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr30oc08-79]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension:
    Regulation G; OMB Control No. 3235-0576; SEC File No. 270-518.

    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

[[Page 64642]]

summarized below. The Commission plans to submit this existing 
collection of information to the Office of Management and Budget for 
extension and approval.
    Regulation G (17 CFR 244.100-244.102) under the Securities Exchange 
Act of 1934 (the ``Exchange Act'') (15 U.S.C. 78a et seq.) requires 
registrants that publicly disclose material information that includes a 
non-GAAP financial measure to provide a reconciliation to the most 
directly comparable GAAP financial measure. Regulation G implemented 
the requirements of Section 401 of the Sarbanes-Oxley Act of 2002 (15 
U.S.C. 7261; 78m). We estimate that approximately 14,000 public 
companies must comply with Regulation G approximately six times a year 
for a total of 84,000 responses annually. We estimated that it takes 
approximately .5 hours per response (84,000 x .5 hours) for a total 
reporting burden of 42,000 hours annually.
    Written comments are invited on: (a) Whether this 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 the burden 
imposed by the collections 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.
    Please direct your written comments to Lewis W. Walker, Acting 
Director/CIO, Securities and Exchange Commission, c/o Shirley 
Martinson, 6432 General Green Way, Alexandria, Virginia 22312; or send 
an e-mail to: PRA_Mailbox@sec.gov.

    Dated: October 22, 2008.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-25867 Filed 10-29-08; 8:45 am]

BILLING CODE 8011-01-P