Notice2023-04629
Proposed Collection; Comment Request; Extension: Rule 22d-1
Primary source
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Published
March 7, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 44 (Tuesday, March 7, 2023)</title>
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[Federal Register Volume 88, Number 44 (Tuesday, March 7, 2023)]
[Notices]
[Pages 14206-14207]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-04629]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-275, OMB Control No. 3235-0310]
Proposed Collection; Comment Request; Extension: Rule 22d-1
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services,
[[Page 14207]]
100 F Street NE, Washington, DC 20549-2736
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (``Paperwork Reduction Act'') (44 U.S.C. 3501-3520), the
Securities and Exchange Commission (the ``Commission'') is soliciting
comments on the collections of information summarized below. The
Commission plans to submit this existing collection of information to
the Office of Management and Budget for extension and approval.
Rule 22d-1 under the Investment Company Act of 1940 (the ``1940
Act'') (17 CFR 270.22d-1) provides registered investment companies that
issue redeemable securities (``funds'') an exemption from section 22(d)
of the 1940 Act (15 U.S.C. 80a-22(d)) to the extent necessary to permit
scheduled variations in or elimination of the sales load on fund
securities for particular classes of investors or transactions,
provided certain conditions are met. The rule imposes an annual burden
per series of a fund of approximately 15 minutes, so that the total
annual burden for the approximately 3,776 series of funds that might
rely on the rule is estimated to be 944 hours.\1\
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\1\ This estimate is based on the following calculation: 3,776
series x 0.25 burden hours = 944 total annual burden hours.
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The estimate of average burden hours is made solely for the
purposes of the Paperwork Reduction Act. The estimate is based on
communications with industry representatives, and is not derived from a
comprehensive or even a representative survey or study. Responses 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.
Written comments are invited on: (a) whether the proposed
collection of information is necessary for the proper performance of
the functions of the Commission, including whether the information
shall have practical utility; (b) the accuracy of the Commission's
estimate of the burden of 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 by May 8, 2023.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information under the PRA unless it
displays a currently valid OMB control number.
Please direct your written comments to: David Bottom, Acting
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#39696b7866745850555b5641794a5c5a175e564f"><span class="__cf_email__" data-cfemail="0a5a584b55476b63666865724a796f69246d657c">[email protected]</span></a>.
Dated: March 2, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-04629 Filed 3-6-23; 8:45 am]
BILLING CODE 8011-01-P
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