Document ID: SEC-2010-1272-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2010-08-18T04:00Z

[Federal Register: August 18, 2010 (Volume 75, Number 159)]
[Notices]               
[Page 51121-51122]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr18au10-159]                         

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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 15F, OMB Control No. 3235-0621, SEC File No. 270-559.

    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 the 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 under Exchange Act 
Rule 12h-6 (17 CFR 240.12h-6). Form 15F requires a filer to disclosed 
information that helps investors understand the foreign private 
issuer's decision to terminate its Exchange Act reporting obligations 
and assist Commission staff in determining whether the filer is 
eligible to terminate its Exchange Act reporting obligations pursuant 
to Rule 12h-6. Compared to Exchange Act Rules 12g-4 (17 CFR 240.12g-4) 
and 12h-3 (17 CFR 240.12h-3), Rule 12h-6 makes it easier 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 initially their securities with the 
Commission by lessening their concern that the Exchange Act 
registration and reporting system is difficult to exit once an issuer 
joins 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 300 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 2,250 hours (7.5 hours per 
response x 300 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.
    Written comments regarding the above information should be directed 
to the following persons: (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 send an e-mail to:

[[Page 51122]]

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: August 11, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-20370 Filed 8-17-10; 8:45 am]
BILLING CODE 8010-01-P