Document ID: SEC-2018-0966-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2018-06-26T04:00Z

[Federal Register Volume 83, Number 123 (Tuesday, June 26, 2018)]
[Notices]
[Page 29839]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-13682]

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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 FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

Extension:
     Form 1-SA, SEC File No. 270-661, OMB Control No. 3235-0721

    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 1-SA (17 CFR 239.92) is used to file semiannual reports by 
Tier 2 issuers under Regulation A, an exemption from registration under 
the Securities Act of 1933 (15 U.S.C. 77a et seq.). Tier 2 issuers 
under Regulation A conducting offerings of up to $50 million within a 
12-month period are required to file Form 1-SA. Form 1-SA provides 
semiannual, interim financial statements and information about the 
issuer's liquidity, capital resources and operations after the issuer's 
second fiscal quarter. The purpose of the Form 1-SA is to better inform 
the public about companies that have conducted Tier 2 offerings under 
Regulation A. We estimate that approximately 55 issuers file Form 1-SA 
annually. We estimate that Form 1-SA takes approximately 187.43 hours 
to prepare. We estimate that 85% of the 187.43 hours per response 
(159.32 hours) is prepared by the company for a total annual burden of 
8,763 hours (159.32 hours per response x 55 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 the background documentation for this 
information collection at the following website, www.reginfo.gov. 
Comments should be directed to: (i) Desk Officer for the Securities and 
Exchange Commission, Office of Information and Regulatory Affairs, 
Office of Management and Budget, Room 10102, New Executive Office 
Building, Washington, DC 20503, or by sending an email to: 
[email protected]; and (ii) Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Candace 
Kenner, 100 F Street NE, Washington, DC 20549 or send an email to: 
[email protected]. Comments must be submitted to OMB within 30 days 
of this notice.

    Dated: June 21, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-13682 Filed 6-25-18; 8:45 am]
 BILLING CODE 8011-01-P