Notice2022-15912
Submission for OMB Review; Comment Request: Extension: Form 1-SA
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
July 26, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 142 (Tuesday, July 26, 2022)</title>
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[Federal Register Volume 87, Number 142 (Tuesday, July 26, 2022)]
[Notices]
[Page 44438]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-15912]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-661, OMB Control No. 3235-0721]
Submission for OMB Review; Comment Request: Extension: Form 1-SA
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
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.
Form 1-SA (17 CFR 239.92) is used to file semiannual reports by
Tier 2 issuers under Regulation A, an exemption from registration under
the Securities Act of 1933 (15 U.S.C. 77a et seq.). Tier 2 issuers
under Regulation A conducting offerings of up to $50 million within a
12-month period are required to file Form 1-SA. Form 1-SA provides
semiannual, interim financial statements and information about the
issuer's liquidity, capital resources and operations after the issuer's
second fiscal quarter. The purpose of the Form 1-SA is to better inform
the public about companies that have conducted Tier 2 offerings under
Regulation A. We estimate that approximately 55 issuers file Form 1-SA
annually. We estimate that Form 1-SA takes approximately 188.0427 hours
to prepare. We estimate that 85% of the 188.0427 hours per response
(159.8363 hours) is prepared by the company for a total annual burden
of 8,791 hours (159.8363 hours per response x 55 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 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
by August 25, 2022 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 John Pezzullo, 100 F Street NE, Washington, DC
20549, or by sending an email to: <a href="/cdn-cgi/l/email-protection#affffdeef0e2cec6c3cdc0d7efdccacc81c8c0d9"><span class="__cf_email__" data-cfemail="b4e4e6f5ebf9d5ddd8d6dbccf4c7d1d79ad3dbc2">[email protected]</span></a>.
Dated: July 20, 2022.
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-15912 Filed 7-25-22; 8:45 am]
BILLING CODE 8011-01-P
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