Document ID: SEC-2014-0403-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2014-03-12T04:00Z

[Federal Register Volume 79, Number 48 (Wednesday, March 12, 2014)]
[Notices]
[Pages 14090-14091]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-05319]

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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 N-8B-4, OMB Control No. 3235-0247, SEC File No. 270-180.

    Notice is hereby given that, pursuant to the Paperwork Reduction 
Act of 1995 (44 U.S.C. 3501 et seq.) (``PRA''), the Securities and 
Exchange Commission (``Commission'') has submitted to the Office of 
Management and Budget (``OMB'') requests for extension of the 
previously approved collection of information discussed below.
    Form N-8B-4 (17 CFR 274.14) is the form used by face-amount 
certificate companies to comply with the filing and disclosure 
requirements imposed by Section 8(b) of the Investment Company Act of 
1940 (15 U.S.C. 80a-8(b)). Among other items, Form N-8B-4 requires 
disclosure of the following information about the face-amount 
certificate company: date and form of organization; controlling 
persons; current business and contemplated changes to the company's 
business; investment, borrowing, and lending policies, as well as other 
fundamental policies; securities issued by the company; investment 
adviser; depositaries; management personnel; compensation paid to 
directors, officers, and certain employees; and financial statements. 
The Commission uses the information provided in the collection of 
information to determine compliance with Section 8(b) of the Investment 
Company Act of 1940.
    Form N-8B-4 and the burden of compliance have not changed since the 
last approval. Each registrant files Form N-8B-4 for its initial filing 
and does not file post-effective amendments to Form N-8B-4.\1\ 
Commission staff estimates

[[Page 14091]]

that no respondents will file Form N-8B-4 each year. There are 
currently only four existing face-amount certificate companies, and 
none have filed a Form N-8B-4 in many years. No new face-amount 
certificate companies have been established since the last OMB 
information collection approval for this form, which occurred in 2011. 
Accordingly, the staff estimates that, each year, zero face-amount 
certificate companies will file Form N-8B-4, and that the total burden 
for the information collection is zero hours. Although Commission staff 
estimates that there is no hour burden associated with Form N-8B-4, the 
staff is requesting an hour burden of one hour for administrative 
purposes. Estimates of the burden hours are made solely for the 
purposes of the PRA and are not derived from a comprehensive or even a 
representative survey or study of the costs of SEC rules and forms.
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    \1\ Pursuant to Section 30(b)(1) of the Act, each respondent 
keeps its registration statement current through the filing of 
periodic reports as required by Section 13 of the Securities 
Exchange Act of 1934 and the rules thereunder. Post-effective 
amendments are filed with the Commission on the face-amount 
certificate company's Form S-1. Hence, respondents only file Form N-
8B-4 for their initial registration statement and not for post-
effective amendments.
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    The information provided on Form N-8B-4 is mandatory. The 
information provided on Form N-8B-4 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 OMB control number.
    The public may view the background documentation for this 
information collection at the following Web site: 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: Shagufta_Ahmed@omb.eop.gov; and (ii) Thomas Bayer, Chief Information Officer, 
Securities and Exchange Commission, c/o Remi Pavlik-Simon, 100 F Street 
NE., Washington, DC 20549 or send an email to: PRA_Mailbox@sec.gov. 
Comments must be submitted to OMB within 30 days of this notice.

    Dated: March 6, 2014.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2014-05319 Filed 3-11-14; 8:45 am]
BILLING CODE 8011-01-P