Notice2022-25226
Proposed Collection; Comment Request; Extension: Rule 155
Primary source
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Published
November 18, 2022
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 87 Issue 222 (Friday, November 18, 2022)</title>
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[Federal Register Volume 87, Number 222 (Friday, November 18, 2022)]
[Notices]
[Pages 69371-69372]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-25226]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-492, OMB Control No.3235-0549]
Proposed Collection; Comment Request; Extension: Rule 155
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'') is soliciting comments on the collection of
information
[[Page 69372]]
summarized below. The Commission plans to submit this existing
collection of information to the Office of Management and Budget for
extension and approval.
Rule 155 (17 CFR 230.155) under the Securities Act of 1933 (15
U.S.C. 77a et seq.) provides safe harbors for a registered offering of
securities from integration in two circumstances: (1) a registered
offering that follows an abandoned private offering; and (2) a private
offering that follows a withdrawn registered offering. Each of the
rule's safe harbors imposes conditions designed to assure that there is
a clean break between the abandoned offering and the later offering. In
each safe harbor, these conditions include specified disclosure
designed to assure that investors understand this break as they
consider an investment decision in the later offering. We estimate Rule
155 takes approximately 4 hours per response to prepare and is filed by
approximately 600 respondents annually. We estimate that 50% of the 4
hours per response (2 hours per response) is prepared by the filer for
a total annual reporting burden of 1,200 hours (2 hours per response x
600 responses).
Written comments are invited on: (a) whether this proposed
collection of information is necessary for the proper performance of
the functions of the agency, including whether the information will
have practical utility; (b) the accuracy of the agency's estimate of
the burden imposed by the collection of information; (c) ways to
enhance the quality, utility, and clarity of the information collected;
and (d) ways to minimize the burden of the collection of information on
respondents, including through the use of automated collection
techniques or other forms of information technology. Consideration will
be given to comments and suggestions submitted in writing within 60
days of this publication by January 17, 2023.
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.
Please direct your written comment to David Bottom, Director/Chief
Information Officer, Securities and Exchange Commission, c/o John
Pezzullo, 100 F Street NE, Washington, DC 20549 or send an email to:
<a href="/cdn-cgi/l/email-protection#e2b2b0a3bdaf838b8e808d9aa2918781cc858d94"><span class="__cf_email__" data-cfemail="643436253b29050d08060b1c241701074a030b12">[email protected]</span></a>.
Dated: November 15, 2022.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2022-25226 Filed 11-17-22; 8:45 am]
BILLING CODE 8011-01-P
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