83 FR 35295 - Proposed Collection; Comment Request

SECURITIES AND EXCHANGE COMMISSION

Federal Register Volume 83, Issue 143 (July 25, 2018)

[Federal Register Volume 83, Number 143 (Wednesday, July 25, 2018)]
[Notices]
[Page 35295]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-15857]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; 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 N-8B-2, SEC File No. 270-186, OMB Control No. 3235-0186

    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 (the ``Commission'') is soliciting comments on the 
collection of information summarized below. The Commission plans to 
submit this existing collection of information to the Office of 
Management and Budget for extension and approval.
    Form N-8B-2 (17 CFR 274.12) is the form used by unit investment 
trusts (``UITs'') other than separate accounts that are currently 
issuing securities, including UITs that are issuers of periodic payment 
plan certificates and UITs of which a management investment company is 
the sponsor or depositor, 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)). Form N-8B-2 requires disclosure about the 
organization of a UIT, its securities, the personnel and affiliated 
persons of the depositor, the distribution and redemption of 
securities, the trustee or custodian, 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.
    Each registrant subject to the Form N-8B-2 filing requirement files 
Form N-8B-2 for its initial filing and does not file post-effective 
amendments on Form N-8B-2.\1\ The Commission staff estimates that 
approximately one respondent files one Form N-8B-2 filing annually with 
the Commission.\2\ Staff estimates that the burden for compliance with 
Form N-8B-2 is approximately 10 hours per filing. The total hour burden 
for the Form N-8B-2 filing requirement therefore is 10 hours in the 
aggregate (1 respondent x one filing per respondent x 10 hours per 
filing).
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    \1\ Post-effective amendments are filed with the Commission on 
the UIT's Form S-6. Hence, respondents only file Form N-8B-2 for 
their initial registration statement and not for post-effective 
amendments.
    \2\ In 2015 the Commission received 3 filings, while in 2016 and 
2017, the Commission received 0 filings, respectively. The 
cumulative 3-year average is, therefore, 1 filing per year.
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    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. The 
information provided on Form N-8B-2 is mandatory. The information 
provided on Form N-8B-2 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.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information collected; and (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication.
    Please direct your written comments to 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].

    Dated: July 19, 2018.
Eduardo A. Aleman,
Assistant Secretary.
[FR Doc. 2018-15857 Filed 7-24-18; 8:45 am]
 BILLING CODE 8011-01-P