Notice2022-03622
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
February 22, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 35 (Tuesday, February 22, 2022)</title>
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[Federal Register Volume 87, Number 35 (Tuesday, February 22, 2022)]
[Notices]
[Page 9659]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-03622]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-135, OMB Control No. 3235-0175]
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:
Form N-8A
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 (``OMB'') a request for extension of the
previously approved collection of information discussed below.
The Investment Company Act of 1940 (``Investment Company Act'') (15
U.S.C. 80a-1 et seq.) requires investment companies to register with
the Commission before they conduct any business in interstate commerce.
Section 8(a) of the Investment Company Act provides that an investment
company shall be deemed to be registered upon receipt by the Commission
of a notification of registration in such form as the Commission
prescribes. Form N-8A (17 CFR 274.10) is the form for notification of
registration that the Commission has adopted under section 8(a). The
purpose of such notification of registration provided on Form N-8A is
to notify the Commission of the existence of investment companies
required to be registered under the Investment Company Act and to
enable the Commission to administer the provisions of the Investment
Company Act with respect to those companies. After an investment
company has filed its notification of registration under section 8(a),
the company is then subject to the provisions of the Investment Company
Act which govern certain aspects of its organization and activities,
such as the composition of its board of directors and the issuance of
senior securities. Form N-8A requires an investment company to provide
its name, state of organization, form of organization, classification,
the name and address of each investment adviser of the investment
company, the current value of its total assets, and certain other
information readily available to the investment company. If the
investment company is filing a registration statement as required by
Section 8(b) of the Investment Company Act concurrently with its
notification of registration, Form N-8A requires only that the
registrant file the cover page (giving its name, address, and agent for
service of process) and sign the form in order to effect registration.
Based on recent filings of notifications of registration on Form N-
8A, we estimate that about 101 investment companies file such
notifications each year. An investment company must only file a
notification of registration on Form N-8A once. The currently approved
average hour burden per investment company of preparing and filing a
notification of registration on Form N-8A is one hour. Based on the
Commission staff's experience with the requirements of Form N-8A and
with disclosure documents generally--and considering that investment
companies that are filing notifications of registration on Form N-8A
simultaneously with the registration statement under the Investment
Company Act are only required by Form N-8A to file a signed cover
page--we continue to believe that this estimate is appropriate.
Therefore, we estimate that the total annual hour burden to prepare and
file notifications of registration on Form N-8A is 101 hours. The
currently approved cost burden of Form N-8A is $449. We are updating
the estimated costs burden to $496 to account for the effects of
inflation. Therefore, we estimate that the total annual cost burden
associated with preparing and filing notifications of registration on
Form N-8A is about $50,096.
Estimates of average burden hours and costs are made solely for the
purposes of the Paperwork Reduction Act, and are not derived from a
comprehensive or even representative survey or study of the costs of
Commission rules and forms. Compliance with the collection of
information requirements of Form N-8A is mandatory. Responses to the
collection of information 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, <a href="http://www.reginfo.gov">www.reginfo.gov</a>.
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:
<a href="/cdn-cgi/l/email-protection#1b5772757f687a623556355a797a6f7e5b747679357e746b357c746d"><span class="__cf_email__" data-cfemail="eba782858f988a92c5a6c5aa898a9f8eab848689c58e849bc58c849d">[email protected]</span></a>; and (ii) David Bottom, Director/Chief
Information Officer, Securities and Exchange Commission, c/o John R.
Pezzullo, 100 F Street NE, Washington, DC 20549 or send an email to:
<a href="/cdn-cgi/l/email-protection#a8f8fae9f7e5c9c1c4cac7d0e8dbcdcb86cfc7de"><span class="__cf_email__" data-cfemail="5c0c0e1d03113d35303e33241c2f393f723b332a">[email protected]</span></a>. Written comments and recommendations for the
proposed information collection should be sent within 30 days of
publication of this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Find
this particular information collection by selecting ``Currently under
30-day Review--Open for Public Comments'' or by using the search
function.
Dated: February 15, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-03622 Filed 2-18-22; 8:45 am]
BILLING CODE 8011-01-P
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