83 FR 50708 - Submission for OMB Review; Comment Request
SECURITIES AND EXCHANGE COMMISSION Federal Register Volume 83, Issue 195 (October 9, 2018)
Federal Register Volume 83, Issue 195 (October 9, 2018)
| Page Range | 50708-50708 | |
| FR Document | 2018-21830 |
[Federal Register Volume 83, Number 195 (Tuesday, October 9, 2018)] [Notices] [Page 50708] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-21830] ----------------------------------------------------------------------- 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 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'') has submitted to the Office of Management and Budget a request for extension of the previously approved collection of information discussed below. 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). --------------------------------------------------------------------------- \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. --------------------------------------------------------------------------- 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. 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) Charles Riddle, Acting 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: October 3, 2018. Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2018-21830 Filed 10-5-18; 8:45 am] BILLING CODE 8011-01-P
![50708 Federal Register / Vol. 83, No. 195 / Tuesday, October 9, 2018 / Notices
personal identifying information from N–8B–2.1 The Commission staff SECURITIES AND EXCHANGE
comment submissions. You should estimates that approximately one COMMISSION
submit only information that you wish respondent files one Form N–8B–2 [Release No. 34–84341; File No. SR–MSRB–
to make available publicly. All filing annually with the Commission.2 2018–07]
submissions should refer to File Staff estimates that the burden for
Number SR–BOX–2018–32 and should compliance with Form N–8B–2 is Self-Regulatory Organizations;
be submitted on or before October 30, approximately 10 hours per filing. The Municipal Securities Rulemaking
2018. total hour burden for the Form N–8B– Board; Notice of Filing of a Proposed
For the Commission, by the Division of 2 filing requirement therefore is 10 Rule Change To Amend MSRB Rule G–
Trading and Markets, pursuant to delegated hours in the aggregate (1 respondent × 3, on Professional Qualification
authority.17
one filing per respondent × 10 hours per Requirements, To Require Municipal
Eduardo A. Aleman, filing). Advisor Principals To Become
Assistant Secretary. Appropriately Qualified by Passing the
Estimates of the burden hours are Municipal Advisor Principal
[FR Doc. 2018–21787 Filed 10–5–18; 8:45 am]
made solely for the purposes of the PRA Qualification Examination
BILLING CODE 8011–01–P
and are not derived from a
comprehensive or even a representative October 2, 2018.
SECURITIES AND EXCHANGE survey or study of the costs of SEC rules Pursuant to Section 19(b)(1) of the
COMMISSION and forms. The information provided on Securities Exchange Act of 1934 (the
Form N–8B–2 is mandatory. The ‘‘Exchange Act’’ or ‘‘Act’’) 1 and Rule
Submission for OMB Review; information provided on Form N–8B–2 19b–4 thereunder,2 notice is hereby
Comment Request will not be kept confidential. An agency given that on September 19, 2018 the
Municipal Securities Rulemaking Board
Upon Written Request, Copies Available may not conduct or sponsor, and a
(the ‘‘MSRB’’ or ‘‘Board’’) filed with the
From: Securities and Exchange person is not required to respond to, a
Securities and Exchange Commission
Commission, Office of FOIA Services, collection of information unless it (the ‘‘SEC’’ or ‘‘Commission’’) the
100 F Street NE, Washington, DC displays a currently valid OMB control proposed rule change as described in
20549–2736 number. Items I, II, and III below, which Items
Extension: The public may view the background have been prepared by the MSRB. The
Form N–8B–2; SEC File No. 270–186, OMB documentation for this information Commission is publishing this notice to
Control No. 3235–0186 collection at the following website, solicit comments on the proposed rule
Notice is hereby given that, pursuant www.reginfo.gov. Comments should be change from interested persons.
to the Paperwork Reduction Act of 1995 directed to: (i) Desk Officer for the I. Self-Regulatory Organization’s
(44 U.S.C. 3501 et seq.), the Securities Securities and Exchange Commission, Statement of the Terms of Substance of
and Exchange Commission (the Office of Information and Regulatory the Proposed Rule Change
‘‘Commission’’) has submitted to the Affairs, Office of Management and
Office of Management and Budget a The MSRB filed with the Commission
Budget, Room 10102, New Executive a proposed rule change to amend Rule
request for extension of the previously Office Building, Washington, DC 20503,
approved collection of information G–3, on professional qualification
or by sending an email to: Shagufta_ requirements, to (i) require persons who
discussed below. Ahmed@omb.eop.gov; and (ii) Charles
Form N–8B–2 (17 CFR 274.12) is the meet the definition of a municipal
Riddle, Acting Director/Chief advisor principal, as defined under Rule
form used by unit investment trusts
(‘‘UITs’’) other than separate accounts Information Officer, Securities and G–3(e)(i), to pass the Municipal Advisor
that are currently issuing securities, Exchange Commission, c/o Candace Principal Qualification Examination
including UITs that are issuers of Kenner, 100 F Street NE, Washington, (‘‘Series 54 examination’’) in order to
periodic payment plan certificates and DC 20549 or send an email to: PRA_ become appropriately qualified as a
UITs of which a management Mailbox@sec.gov. Comments must be municipal advisor principal; (ii) specify
investment company is the sponsor or submitted to OMB within 30 days of that such persons who cease to be
depositor, to comply with the filing and this notice. associated with a municipal advisor for
disclosure requirements imposed by Dated: October 3, 2018. two or more years at any time after
section 8(b) of the Investment Company having qualified as a municipal advisor
Eduardo A. Aleman,
Act of 1940 (15 U.S.C. 80a–8(b)). Form principal must requalify by examination
N–8B–2 requires disclosure about the Assistant Secretary. unless a waiver is granted; (iii) add the
organization of a UIT, its securities, the [FR Doc. 2018–21830 Filed 10–5–18; 8:45 am] Series 54 examination to the list of
personnel and affiliated persons of the BILLING CODE 8011–01–P qualification examinations for which a
depositor, the distribution and waiver can be sought; (iv) provide that
redemption of securities, the trustee or municipal advisor representatives may
custodian, and financial statements. The function as a principal for 120 calendar
Commission uses the information days without being qualified with the
provided in the collection of Series 54 examination; and (v) make a
information to determine compliance technical amendment to Rule G–3(e) to
1 Post-effective amendments are filed with the
with section 8(b) of the Investment clarify that a municipal advisor
amozie on DSK3GDR082PROD with NOTICES1
Commission on the UIT’s Form S–6. Hence,
Company Act. principal must pass the Municipal
respondents only file Form N–8B–2 for their initial
Each registrant subject to the Form N– registration statement and not for post-effective Advisor Representative Qualification
8B–2 filing requirement files Form N– amendments. Examination (‘‘Series 50 examination’’)
8B–2 for its initial filing and does not 2 In 2015 the Commission received 3 filings, as a prerequisite to becoming qualified
file post-effective amendments on Form while in 2016 and 2017, the Commission received
0 filings, respectively. The cumulative 3-year 1 15 U.S.C. 78s(b)(1).
17 17 CFR 200.30–3(a)(12). average is, therefore, 1 filing per year. 2 17 CFR 240.19b–4.
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Document Created: 2018-10-06 00:59:07
Document Modified: 2018-10-06 00:59:07
| 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 50708 |
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