30 Day Notice

Federal Register / Vol. 85, No. 223 / Wednesday, November 18, 2020 / Notices
DC 20549; or send an email to: PRA_
Mailbox@sec.gov.
Dated: November 12, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–25351 Filed 11–17–20; 8:45 am]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[SEC File No. 270–186, OMB Control No.
3235–0186]

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

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Revision:
Form N–8B–2

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
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.

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filing annually with the Commission.
Based on form amendments to include
formatting and hyperlinking
requirements to Form N–8B–2 arising
from the adoption of the FAST Act
release,2 staff estimates that the burden
for compliance with Form N–8B–2 is
approximately 28 hours per filing.3 The
total hourly burden for the Form N–8B–
2 filing requirement therefore is 28
hours in the aggregate (1 respondent ×
one filing per respondent × 28 hours per
filing), at an internal cost burden of
$9,912, and external cost burden of
$10,300.
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:
Lindsay.M.Abate@omb.eop.gov; and (ii)
David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, c/o Cynthia
Roscoe, 100 F Street NE, Washington,
DC 20549 or send an email to: PRA_
Mailbox@sec.gov. Written comments
and recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
2 FAST Act Modernization and Simplification of
Regulation S–K, Securities Act Release No. 10618
(March 20, 2019) [84 FR 12674 (April 2, 2019)].
3 Staff estimates are also adjusted to reflect new
disclosures for UIT ETFs arising from the adoption
of the Exchange-Traded Funds release. See
Exchange-Traded Funds, Investment Company Act
Release No. 33646 (Sept. 25, 2019) [84 FR 57162
(Oct. 24, 2019)].

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Dated: November 12, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–25353 Filed 11–17–20; 8:45 am]
BILLING CODE 8011–01–P

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:
Rule 12d2–2 and Form 25 [SEC File No.
270–86, OMB Control No. 3235–0080]

Notice is hereby given that pursuant
to the Paperwork Reduction Act of 1995
(‘‘PRA’’) (44 U.S.C. 3501 et seq.), the
Securities and Exchange Commission
(‘‘Commission’’) is soliciting comments
on the collections of information
provided for in Rule 12d2–2 (17 CFR
240.12d2–2) and Form 25 (17 CFR
249.25) under the Securities Exchange
Act of 1934 (15 U.S.C. 78a et seq.). The
Commission plans to submit these
existing collections of information to the
Office of Management and Budget for
extension and approval for
On February 12, 1935, the
Commission adopted Rule 12d2–2 1 and
Form 25, under the Securities Exchange
Act of 1934 (‘‘Act’’), to establish the
conditions and procedures under which
a security may be delisted from an
exchange and withdrawn from
registration under Section 12(b) of the
Act.2 The Commission adopted
amendments to Rule 12d2–2 and Form
25 in 2005.3 Under the amended Rule
12d2–2, all issuers and national
securities exchanges seeking to delist
and deregister a security in accordance
with the rules of an exchange must file
the adopted version of Form 25 with the
Commission. The Commission also
adopted amendments to Rule 19d–1
under the Act to require exchanges to
file the adopted version of Form 25 as
notice to the Commission under Section
19(d) of the Act. Finally, the
Commission adopted amendments to
exempt standardized options and
security futures products from Section
12(d) of the Act. These amendments are
intended to simplify the paperwork and
procedure associated with a delisting
1 See Securities Exchange Act Release No. 98
(February 12, 1935).
2 See Securities Exchange Act Release No. 7011
(February 5, 1963), 28 FR 1506 (February 16, 1963).
3 See Securities Exchange Act Release No. 52029
(July 14, 2005), 70 FR 42456 (July 22, 2005).

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