Notice2023-08495
Proposed Collection; Comment Request; Extension: Schedule TO
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
April 21, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 77 (Friday, April 21, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 77 (Friday, April 21, 2023)]
[Notices]
[Page 24646]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-08495]
-----------------------------------------------------------------------
SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-456, OMB Control No. 3235-0515]
Proposed Collection; Comment Request; Extension: Schedule TO
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 summarized below. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
Schedule TO (17 CFR 240.14d-100) must be filed by a reporting
company that makes a tender offer for its own securities. Also, persons
other than the reporting company making a tender offer for equity
securities registered under Section 12 of the Exchange Act (15 U.S.C.
78l) (which offer, if consummated, would cause that person to own over
5% of that class of the securities) must file Schedule TO. The purpose
of Schedule TO is to improve communications between public companies
and investors before companies file registration statements involving
tender offer statements. Schedule TO takes approximately 44.75 hours
per response and is filed by approximately 1,378 issuers annually. We
estimate that 50% of the 44.75 hours per response (22.375 hours) is
prepared by the issuer for an annual reporting burden of 30,834 hours
(22.375 hours per response x 1,378 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 June 20, 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#f5a5a7b4aab8949c99979a8db5869096db929a83"><span class="__cf_email__" data-cfemail="efbfbdaeb0a28e86838d8097af9c8a8cc1888099">[email protected]</span></a>.
Dated: April 18, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-08495 Filed 4-20-23; 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 April 21, 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.