Document ID: SEC-2020-0706-0002
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2020-08-05T04:00Z

[Federal Register Volume 85, Number 151 (Wednesday, August 5, 2020)]
[Notices]
[Page 47446]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-17056]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-559, OMB Control No. 3235-0621]

Submission for OMB Review; 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:
    Form 15F.

    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'') has submitted to the Office of Management 
and Budget this request for extension of the previously approved 
collection of information discussed below.
    Form 15F (17 CFR 249.324) is filed by a foreign private issuer when 
terminating its Exchange Act reporting obligations pursuant to Exchange 
Act Rule 12h-6 (17 CFR 240.12h-6). Form 15F requires a foreign private 
issuer to disclose information that helps investors understand the 
foreign private issuer's decision to terminate its Exchange Act 
reporting obligations and assists the Commission staff in determining 
whether the filer is eligible to terminate its Exchange Act reporting 
obligations pursuant to Rule 12h-6. Rule 12h-6 provides a process for a 
foreign private issuer to exit the Exchange Act registration and 
reporting regime when there is relatively little U.S. investor interest 
in its securities. Rule 12h-6 is intended to remove a disincentive for 
foreign private issuers to register their securities with the 
Commission by lessening concerns that the Exchange Act registration and 
reporting system would be difficult to exit once an issuer enters it. 
The information provided to the Commission is mandatory and all 
information is made available to the public upon request. We estimate 
that Form 15F takes approximately 30 hours to prepare and is filed by 
approximately 30 foreign private issuers. We estimate that 25% of the 
30 hours per response (7.5 hours per response) is prepared by the filer 
for a total annual reporting burden of 225 hours (7.5 hours per 
response x 30 responses).
    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.
    The public may view background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function. 
Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to (i) www.reginfo.gov/public/do/PRAMain and (ii) David Bottom, 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or by 
sending an email to: PRA_Mailbox@sec.gov.

    Dated: July 31, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-17056 Filed 8-4-20; 8:45 am]
BILLING CODE 8011-01-P