83 FR 29839 - Submission for OMB Review; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 123 (June 26, 2018)

Page Range		29839-29839
FR Document		2018-13682

Federal Register, Volume 83 Issue 123 (Tuesday, June 26, 2018)

[Federal Register Volume 83, Number 123 (Tuesday, June 26, 2018)]
[Notices]
[Page 29839]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-13682]


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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:
     Form 1-SA, SEC File No. 270-661, OMB Control No. 3235-0721

    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.
    Form 1-SA (17 CFR 239.92) is used to file semiannual reports by 
Tier 2 issuers under Regulation A, an exemption from registration under 
the Securities Act of 1933 (15 U.S.C. 77a et seq.). Tier 2 issuers 
under Regulation A conducting offerings of up to $50 million within a 
12-month period are required to file Form 1-SA. Form 1-SA provides 
semiannual, interim financial statements and information about the 
issuer's liquidity, capital resources and operations after the issuer's 
second fiscal quarter. The purpose of the Form 1-SA is to better inform 
the public about companies that have conducted Tier 2 offerings under 
Regulation A. We estimate that approximately 55 issuers file Form 1-SA 
annually. We estimate that Form 1-SA takes approximately 187.43 hours 
to prepare. We estimate that 85% of the 187.43 hours per response 
(159.32 hours) is prepared by the company for a total annual burden of 
8,763 hours (159.32 hours per response x 55 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 website, 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 Candace 
Kenner, 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: June 21, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-13682 Filed 6-25-18; 8:45 am]
 BILLING CODE 8011-01-P

Federal Register / Vol. 83, No. 123 / Tuesday, June 26, 2018 / Notices 29839

will attend the closed meeting. Certain offerings of up to $50 million within a Form 1–SA, SEC File No. 270–661, OMB
staff members who have an interest in 12-month period are required to file Control No. 3235–0721
the matters also may be present. Form 1–K. Form 1–K provides audited
The General Counsel of the Notice is hereby given that, pursuant
year-end financial statements and
Commission, or his designee, has to the Paperwork Reduction Act of 1995
information about the issuer’s business
certified that, in his opinion, one or (44 U.S.C. 3501 et seq.), the Securities
operation, ownership, management,
more of the exemptions set forth in 5 and Exchange Commission
liquidity, capital resources and
U.S.C. 552b(c)(3), (5), (6), (7), (8), 9(B) (‘‘Commission’’) has submitted to the
operations on an annual basis. In
and (10) and 17 CFR 200.402(a)(3), Office of Management and Budget this
addition, Part I of the Form 1–K collects
(a)(5), (a)(6), (a)(7), (a)(8), (a)(9)(ii) and request for extension of the previously
information on any offerings under
(a)(10), permit consideration of the approved collection of information
Regulation A that have been terminated
scheduled matters at the closed meeting. discussed below.
or completed unless it has been
Commissioner Peirce, as duty officer, previous reported on Form 1–Z. The Form 1–SA (17 CFR 239.92) is used to
voted to consider the items listed for the purpose of the Form 1–K is to better file semiannual reports by Tier 2 issuers
closed meeting in closed session. inform the public about companies that under Regulation A, an exemption from
The subject matters of the closed have conducted Tier 2 offerings under registration under the Securities Act of
meeting will be: Regulation A. We estimate that 1933 (15 U.S.C. 77a et seq.). Tier 2
Institution and settlement of approximately 36 issuers file Form 1–K issuers under Regulation A conducting
injunctive actions; annually. We estimate that Form 1–K offerings of up to $50 million within a
Institution and settlement of takes approximately 600 hours to 12-month period are required to file
administrative proceedings; and prepare. We estimate that 75% of the Form 1–SA. Form 1–SA provides
Other matters relating to enforcement 600 hours per response (450 hours) is semiannual, interim financial
proceedings. prepared by the company for a total statements and information about the
At times, changes in Commission annual burden of 16,200 hours (450.0 issuer’s liquidity, capital resources and
priorities require alterations in the hours per response × 36 responses). operations after the issuer’s second
scheduling of meeting items. An agency may not conduct or fiscal quarter. The purpose of the Form
CONTACT PERSON FOR MORE INFORMATION: sponsor, and a person is not required to 1–SA is to better inform the public
For further information and to ascertain respond to, a collection of information about companies that have conducted
what, if any, matters have been added, unless it displays a currently valid Tier 2 offerings under Regulation A. We
deleted or postponed; please contact control number. estimate that approximately 55 issuers
Brent J. Fields from the Office of the The public may view the background file Form 1–SA annually. We estimate
Secretary at (202) 551–5400. documentation for this information that Form 1–SA takes approximately
collection at the following website, 187.43 hours to prepare. We estimate
Dated: June 21, 2018.
www.reginfo.gov. Comments should be that 85% of the 187.43 hours per
Brent J. Fields,
directed to: (i) Desk Officer for the response (159.32 hours) is prepared by
Secretary. the company for a total annual burden
Securities and Exchange Commission,
[FR Doc. 2018–13784 Filed 6–22–18; 11:15 am] Office of Information and Regulatory of 8,763 hours (159.32 hours per
BILLING CODE 8011–01–P Affairs, Office of Management and response × 55 responses).
Budget, Room 10102, New Executive An agency may not conduct or
Office Building, Washington, DC 20503, sponsor, and a person is not required to
SECURITIES AND EXCHANGE or by sending an email to: Shagufta_
COMMISSION respond to, a collection of information
Ahmed@omb.eop.gov; and (ii) Pamela unless it displays a currently valid
Submission for OMB Review; Dyson, Director/Chief Information control number.
Comment Request Officer, Securities and Exchange
The public may view the background
Commission, c/o Candace Kenner, 100 F
documentation for this information
Upon Written Request Copies Available Street NE, Washington, DC 20549 or
collection at the following website,
From: Securities and Exchange send an email to: PRA_Mailbox@
www.reginfo.gov. Comments should be
Commission, Office of FOIA Services, sec.gov. Comments must be submitted to
directed to: (i) Desk Officer for the
100 F Street NE, Washington, DC OMB within 30 days of this notice.
Securities and Exchange Commission,
20549–2736 Dated: June 18, 2018. Office of Information and Regulatory
Extension: Eduardo A. Aleman, Affairs, Office of Management and
Form 1–K, SEC File No. 270–662, OMB
Control No. 3235–0720 Assistant Secretary. Budget, Room 10102, New Executive
[FR Doc. 2018–13681 Filed 6–25–18; 8:45 am] Office Building, Washington, DC 20503,
Notice is hereby given that, pursuant or by sending an email to: Shagufta_
BILLING CODE 8011–01–P
to the Paperwork Reduction Act of 1995 Ahmed@omb.eop.gov; and (ii) Pamela
(44 U.S.C. 3501 et seq.), the Securities Dyson, Director/Chief Information
and Exchange Commission SECURITIES AND EXCHANGE Officer, Securities and Exchange
(‘‘Commission’’) has submitted to the COMMISSION Commission, c/o Candace Kenner, 100 F
Office of Management and Budget this Street NE, Washington, DC 20549 or
request for extension of the previously Submission for OMB Review; send an email to: PRA_Mailbox@
approved collection of information
sradovich on DSK3GMQ082PROD with NOTICES

Comment Request sec.gov. Comments must be submitted to
discussed below. OMB within 30 days of this notice.
Form 1–K (17 CFR 239.91) is used to Upon Written Request Copies Available
file annual reports by Tier 2 issuers From: Securities and Exchange Dated: June 21, 2018.
under Regulation A, an exemption from Commission, Office of FOIA Services, Eduardo A. Aleman,
registration under the Securities Act of 100 F Street NE, Washington, DC Assistant Secretary.
1933 (15 U.S.C. 77a et seq.). Tier 2 20549–2736 [FR Doc. 2018–13682 Filed 6–25–18; 8:45 am]
issuers under Regulation A conducting Extension: BILLING CODE 8011–01–P

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Document Created: 2018-06-26 00:51:18
Document Modified: 2018-06-26 00:51:18

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		83 FR 29839