Document ID: SEC-2020-0705-0004
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2023-10-27T04:00Z

[Federal Register Volume 88, Number 207 (Friday, October 27, 2023)]
[Notices]
[Pages 73924-73925]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-23712]

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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-137, OMB Control No. 3235-0145]

Submission for OMB Review; Comment Request; Extension: Regulation 
13D and Regulation 13G; Schedule 13D and Schedule 13G

Upon Written Request Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 
20549-2736

    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.
    Schedules 13D and 13G (17 CFR 240.13d-101 and 240.13d-102) are 
filed pursuant to Sections 13(d) and 13(g) of the Securities Exchange 
Act of 1934 (15 U.S.C. 78m(d) and 78m(g)) (``Exchange Act'') and 
Regulations 13D and 13G (17 CFR 240.13d-1--240.13d-7) thereunder to 
report beneficial ownership of equity securities registered under 
Section 12 (15 U.S.C. 78l) of the Exchange Act. Regulations 13D and 13G 
provide investors, the subject issuers, and market participants with 
information about the accumulation of equity securities that may have 
the potential to change or influence control of an issuer. Schedules 
13D and 13G are filed by persons, including small entities, to report 
their ownership of more than 5% of a class of equity securities 
registered under Section 12.
    We estimate that it takes approximately 14.5 burden hours to 
prepare a Schedule 13D and it is filed by approximately 1,508 filers. 
In addition, we estimate that 25% of the 14.5 hours per response (3.625 
hours per response) is carried internally by the filer for a total 
annual reporting burden of 5,467 hours (3.625 hours per response x 
1,508 responses).
    We estimate that it takes approximately 12.4 hours per response to 
prepare a Schedule 13G and it is filed by approximately 7,079 filers. 
In addition, we estimate 25% of the 12.4 hours per response (3.1 hours 
per response) is carried internally by the filer for a total annual 
reporting burden of 21,945 hours (3.1 hours per response x 7,079 
responses),
    The Schedules combined are filed by 8,587 filers and they take 
approximately 12.769 hours per response. In addition,

[[Page 73925]]

we estimate 25% of the 12.769 (3.19225 hours per response) is carried 
internally by the filer for a total annual reporting burden of 27,412 
hours (3.1923 hours per response x 8,587 responses). The estimated 
burden hours are made solely for purposes of the Paperwork Reduction 
Act and are not derived from a comprehensive or even a representative 
survey or study of the costs of Commission rules and forms.
    An agency may 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 
by November 27, 2023 to (i) www.reginfo.gov/public/do/PRAMain and (ii) 
David Bottom, Director/Chief Information Officer, Securities and 
Exchange Commission, c/o John Pezzullo, 100 F Street NE, Washington, DC 
20549, or by sending an email to: [email protected].

    Dated: October 23, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-23712 Filed 10-26-23; 8:45 am]
BILLING CODE 8011-01-P