Form ID Short Statement

Form ID Short Statement

The amendments are intended to continue and further the Commission’s ongoing efforts to make the EDGAR system more comprehensive by including more filings in the mandated electronic filing category. We anticipate that the amendments would, in the aggregate, nominally increase the burden and cost associated with compliance with the federal securities disclosure regime. These estimated burden and cost increases are expected to result primarily from the very small number of filers that have not previously made an electronic filing on EDGAR that would be required as a result of the proposed amendments to file a Form ID to obtain the access codes required to file or submit a document on EDGAR. For purposes of the PRA, we estimate that the amendments to Form ID will result in a net increase of 2 in the estimated number of annual responses, an increase in the estimated number of burden hours of 0.3 and a net increase in the cost burden of $0 for the services of outside professionals.