Notice2021-23152
Submission for OMB Review; Comment Request
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
October 25, 2021
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 86 Issue 203 (Monday, October 25, 2021)</title>
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[Federal Register Volume 86, Number 203 (Monday, October 25, 2021)]
[Notices]
[Pages 58964-58965]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-23152]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-518, OMB Control No. 3235-0576]
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:
Regulation G
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.
Regulation G (17 CFR 244.100-244.102) under the Securities Exchange
Act of 1934 (the ``Exchange Act'') (15 U.S.C. 78a et seq.) requires
publicly reporting companies that disclose or releases financial
information in a manner that is calculated or presented other than in
accordance with generally accepted accounting principles (``GAAP'') to
provide a reconciliation of
[[Page 58965]]
the non-GAAP financial information to the most directly comparable GAAP
financial measure. Regulation G implemented the requirements of Section
401 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7261). We estimate
that approximately 14,000 public companies must comply with Regulation
G approximately six times a year for a total of 84,000 responses
annually. We estimated that it takes approximately 0.5 hours per
response (0.5 hours per response x 84,000 responses) for a total
reporting burden of 42,000 hours annually.
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 control number.
The public may view background documentation for this information
collection at the following website: <a href="http://www.reginfo.gov">www.reginfo.gov</a>. Find this
particular information collection by selecting ``Currently under 30-day
Review--Open for Public Comments'' or by using the search function.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to (i) <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a> and (ii) David Bottom,
Director/Chief Information Officer, Securities and Exchange Commission,
c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or by
sending an email to: <a href="/cdn-cgi/l/email-protection#326260736d7f535b5e505d4a724157511c555d44"><span class="__cf_email__" data-cfemail="77272536283a161e1b15180f3704121459101801">[email protected]</span></a>.
Dated: October 19, 2021.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2021-23152 Filed 10-22-21; 8:45 am]
BILLING CODE 8011-01-P
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