Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 433

Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 20549-2736

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”) is soliciting comments on the collections 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.

Rule 433 (17 CFR 230.433) governs the use and filing of free writing prospectuses with respect to the securities of an issuer that are the subject of a registration statement that has been filed under the Securities Act of 1933 (15 U.S.C. 77a et seq.). A free writing prospectus that satisfies the conditions pursuant to Rule 433 will be a prospectus under Section 10(b) of the Securities Act and will be deemed to be public without regard to its method of use or distribution. Rule 433 is intended to facilitate issuer communications during a registered offering of securities after a registration statement has been filed with the Commission. We estimate that there are approximately 20,179 free writing prospectuses filed pursuant to Rule 433 annually, for a total of approximately 20,179 responses annually. We estimate that respondents incur approximately 2.45 burden hours per Rule 433 response, for a total annual reporting burden of 49,439 hours (2.45 hours per response × 20,179 responses). We estimate that respondents incur $380.03 cost burden per Rule 433 response, for a total annual cost of $7,668,625 ($380.03 cost per response × 20,179 responses).

An agency may not conduct or sponsor, and a person is not required to ( printed page 54775) respond to, a collection of information unless it displays a currently valid OMB control number.

Written comments are invited on: (a) whether this 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 imposed by 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.

Please direct your written comments on this 60-Day Collection Notice to Austin Gerig, Director/Chief Data Officer, Securities and Exchange Commission, c/o Tanya Ruttenberg via email to PaperworkReductionAct@sec.gov by October 23, 2026.