Notice2023-05377
Submission for OMB Review; Comment Request; Extension: Securities Act Rule 477
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
March 16, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 51 (Thursday, March 16, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 51 (Thursday, March 16, 2023)]
[Notices]
[Pages 16288-16289]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-05377]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-493, OMB Control No. 3235-0550]
Submission for OMB Review; Comment Request; Extension: Securities
Act Rule 477
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.
Rule 477 (17 CFR 230.477) under the Securities Act of 1933 (15
U.S.C. 77a et seq.) sets forth procedures for withdrawing a
registration statement, including any amendments or exhibits to the
registration statement. The rule provides that if an issuer intends to
rely on the safe harbor contained in Securities Act Rule 155 to conduct
an unregistered private offering of securities, the issuer must
affirmatively state in the withdrawal application that it plans to
undertake a subsequent private offering of its securities. Without this
statement, the Commission would not be able to monitor a company's
reliance on, and compliance with, Securities Act Rule 155(c). All
information submitted to the Commission under Securities Act Rule 477
is available to the public for review. Information provided under
Securities Act Rule 477 is mandatory. The
[[Page 16289]]
information is required on occasion. We estimate that approximately 327
issuers will file Securities Act Rule 477 submissions annually at an
estimated one hour per response for a total annual burden of
approximately 327 hours. We estimate that 100% of the reporting burden
is prepared by the issuer.
An agency may 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 April 17, 2023 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#4e1e1c0f11032f27222c21360e3d2b2d60292138"><span class="__cf_email__" data-cfemail="d08082918f9db1b9bcb2bfa890a3b5b3feb7bfa6">[email protected]</span></a>.
Dated: March 9, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-05377 Filed 3-15-23; 8:45 am]
BILLING CODE 8011-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on March 16, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.