Notice2023-12850

Submission for OMB Review; Comment Request: Extension: “Investor Form”

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
June 16, 2023

Issuing agencies

Securities and Exchange Commission

Full Text

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[Federal Register Volume 88, Number 116 (Friday, June 16, 2023)]
[Notices]
[Page 39497]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-12850]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-485, OMB Control No. 3235-0547]


Submission for OMB Review; Comment Request: Extension: ``Investor 
Form''

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 (``OMB'') a request to approve the collection of information 
discussed below.
    Each year the Commission receives several thousand contacts from 
investors who have complaints or questions on a wide range of 
investment-related issues. To make it easier for the public to contact 
the agency electronically, the Commission's Office of Investor 
Education and Advocacy (``OIEA'') created an electronic form (the 
Investor Form) that provides drop down options to choose from in order 
to categorize the investor's complaint or question, and may also 
provide the investor with automated information about their issue. The 
Investor Form asks investors to provide information concerning, among 
other things, their names, how they can be reached, the names of the 
individuals or entities involved, the nature of their complaint or tip, 
what documents they can provide, and what, if any, actions they have 
taken. Use of the Investor Form is voluntary. Absent the forms, the 
public still has several ways to contact the agency, including 
telephone, facsimile, letters, and email. Investors can access the 
Investor Form through the consolidated Investor Complaint and Question 
web page.
    The dual purpose of the Investor Form is to make it easier for the 
public to contact the agency with complaints, questions, tips, or other 
feedback and to streamline the workflow of Commission staff that 
record, process, and respond to investor contacts. Investors who submit 
complaints, ask questions, or provide tips do so voluntarily. Although 
the Investor Form provides a structured format for incoming investor 
correspondence, the Commission does not require that investors use any 
particular form or format when contacting the agency. Investors who 
choose not to use the Investor Form will receive the same level of 
service as those who do.
    OIEA receives approximately 30,000 contacts each year through the 
Investor Form. Investors who choose not to use the Investor Form 
receive the same level of service as those who do. The Commission uses 
the information that investors supply on the Investor Form to review 
and process the contact (which may, in turn, involve responding to 
questions, processing complaints, or, as appropriate, initiating 
enforcement investigations), to maintain a record of contacts, to track 
the volume of investor complaints, and to analyze trends.
    The staff of the Commission estimates that the total reporting 
burden for using the Investor Form is 7,500 hours. The calculation of 
this estimate depends on the number of investors who use the forms each 
year and the estimated time it takes to complete the forms: 30,000 
respondents x 15 minutes = 7,500 burden hours.
    Members of the public should be aware that an agency may not 
conduct or sponsor, and a person is not required to respond to, a 
collection of information unless a currently valid OMB control number 
is displayed. Background documentation for this information collection 
may be viewed at the following link, <a href="http://www.reginfo.gov">http://www.reginfo.gov</a>. Written 
comments and recommendations for the proposed information collection 
should be sent within 30 days of publication of this notice by July 17, 
2023 to (i) ><a href="/cdn-cgi/l/email-protection#fbb6b9a3d5b4b6b9d5b4b2a9bad5a8beb8a49f9e8890a4949d9d92989e89bb949699d59e948bd59c948d"><span class="__cf_email__" data-cfemail="511c13097f1e1c137f1e1803107f0214120e3534223a0e3e373738323423113e3c337f343e217f363e27">[email&#160;protected]</span></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#5c0c0e1d03113d35303e33241c2f393f723b332a"><span class="__cf_email__" data-cfemail="3d6d6f7c62705c54515f52457d4e585e135a524b">[email&#160;protected]</span></a>.

    Dated: June 12, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-12850 Filed 6-15-23; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on June 16, 2023.

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