Document ID: SEC-2009-0432-0001
Agency: sec
Document Type: Notice
Title: Submission for OMB Review; Comment Request
Posted Date: 2009-03-31T04:00Z

[Federal Register: March 31, 2009 (Volume 74, Number 60)]
[Notices]               
[Page 14597]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr31mr09-144]                         

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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:
    Form 2-E under Rule 609, SEC File No. 270-222, OMB Control No. 
3235-0233.

    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.
    Rule 609 (17 CFR 230.609) under the Securities Act of 1933 (15 
U.S.C. 77a et seq.) requires small business investment companies and 
business development companies that have engaged in offerings of 
securities that are exempt from registration pursuant to Regulation E 
under the Securities Act of 1933 (17 CFR 230.601 to 610a) to report 
semi-annually on Form 2-E (17 CFR 239.201) the progress of the 
offering. The form solicits information such as the dates an offering 
has commenced and has been completed, the number of shares sold and 
still being offered, amounts received in the offering, and expenses and 
underwriting discounts incurred in the offering. This information 
assists the staff in determining whether the issuer has stayed within 
the limits of an offering exemption.
    Form 2-E must be filed semi-annually during an offering and as a 
final report at the completion of the offering. Less frequent filing 
would not allow the Commission to monitor the progress of the offering 
in order to ensure that the issuer was not attempting to avoid the 
normal registration provisions of the securities laws.
    During the calendar year 2008, there were five filings of Form 2-E 
by three respondents. The Commission estimates, based on its experience 
with disclosure documents generally and Form 2-E in particular, and 
based on informal contacts with the investment company industry, that 
the total annual burden associated with information collection and Form 
2-E preparation and submission is four hours per filing or 20 hours for 
all respondents.
    The estimates of average 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 cost of 
Commission rules and forms.
    Form 2-E does not involve any recordkeeping requirements. The 
information required by the form is mandatory and the information 
provided will not be kept confidential. 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 email 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.

    Dated: March 25, 2009.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E9-7087 Filed 3-30-09; 8:45 am]