82 FR 15085 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 82, Issue 56 (March 24, 2017)

[Federal Register Volume 82, Number 56 (Friday, March 24, 2017)]
[Notices]
[Page 15085]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-05880]


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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:
    Regulation 14N and Schedule 14N, SEC File No. 270-598, OMB 
Control No. 3235-0655

    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.
    Schedule 14N (17 CFR 240.14n-101) requires the filing of certain 
information with the Commission by shareholders who submit a nominee or 
nominees for director pursuant to applicable state law, or a company's 
governing documents. Schedule 14N provides notice to the company of the 
shareholder's or shareholder group's intent to have the company include 
the shareholder's or shareholder group's nominee or nominees for 
director in the company's proxy materials. This information is intended 
to assist shareholders in making an informed voting decision with 
regards to any nominee or nominees put forth by a nominating 
shareholder or group, by allowing shareholders to gauge the nominating 
shareholder's interest in the company, longevity of ownership, and 
intent with regard to continued ownership in the company. We estimate 
that Schedule 14N takes approximately 40 hours per response and will be 
filed by approximately 10 issuers annually. In addition, we estimate 
that 75% of the 40 hours per response (30 hours per response) is 
prepared by the issuer for an annual reporting burden of 300 hours (30 
hours per response x 10 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 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: 
[email protected]; and (ii) Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Remi 
Pavlik-Simon, 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: March 21, 2017.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2017-05880 Filed 3-23-17; 8:45 am]
 BILLING CODE 8011-01-P