Document ID: SEC-2010-1300-0001
Agency: sec
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2010-08-25T04:00Z

[Federal Register: August 25, 2010 (Volume 75, Number 164)]
[Notices]               
[Page 52379]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr25au10-116]                         

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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:
    Regulation A; OMB Control No. 3235-0286; SEC File No. 270-110 
(Forms 1-A and 2-A).

    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.
    Regulation A (17 CFR 230.251 through 230.263) provides an exemption 
from registration under the Securities Act of 1933 (15 U.S.C. 77a et 
seq.) for certain limited offerings of securities by issuers who do not 
otherwise file reports with the Commission. Form 1-A is an offering 
statement filed under Regulation A. Form 2-A is used to report sales 
and use of proceeds in Regulation A offerings. All information is 
provided to the public for review. The information required is filed on 
occasion and is mandatory. We estimate approximately 100 issuers file 
Forms 1-A and 2-A annually. We estimate that Form 1-A takes 
approximately 608 hours to prepare, Form 2-A takes approximately 12 
hours to prepare, and Regulation A takes one administrative hour to 
review for a total of 621 hours per response. We estimate that 75% of 
621 hours per response (465.75 hours) is prepared by the company for a 
total annual burden of 46,575 hours (465.75 x 100 responses).
    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.
    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: Shagufta_
Ahmed@omb.eop.gov; and (ii) Charles Boucher, Director/CIO Officer, 
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 18, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-21034 Filed 8-24-10; 8:45 am]
BILLING CODE 8010-01-P