Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 433

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.

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. The information filed under Rule 433 is mandatory, and filings made pursuant to Rule 433 are publicly available on the Commission's Electronic Data Gathering, Analysis, and Retrieval (“EDGAR”) system. 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 respond to, a collection of information unless it displays a currently valid OMB Control Number.

The public may view and comment on this information collection request at: www.reginfo.gov/​public/​do/​PRAViewICR?​ref_​nbr=​202607-3235-025 or send an email comment to MBX.OMB.OIRA.SEC_desk_officer@omb.eop.gov within 30 days of the day after publication of this notice by November 30, 2026.