Notice2023-23711
Submission for OMB Review; Comment Request; Extension: Form 15F
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
October 27, 2023
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 88 Issue 207 (Friday, October 27, 2023)</title>
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[Federal Register Volume 88, Number 207 (Friday, October 27, 2023)]
[Notices]
[Page 73920]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-23711]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-559, OMB Control No. 3235-0621]
Submission for OMB Review; Comment Request; Extension: Form 15F
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.
Form 15F (17 CFR 249.324) is filed by a foreign private issuer when
terminating its Exchange Act reporting obligations pursuant to Exchange
Act Rule 12h-6 (17 CFR 240.12h-6). Form 15F requires a foreign private
issuer to disclose information that helps investors understand the
foreign private issuer's decision to terminate its Exchange Act
reporting obligations and assists the Commission staff in determining
whether the filer is eligible to terminate its Exchange Act reporting
obligations pursuant to Rule 12h-6. Rule 12h-6 provides a process for a
foreign private issuer to exit the Exchange Act registration and
reporting regime when there is relatively little U.S. investor interest
in its securities. Rule 12h-6 is intended to remove a disincentive for
foreign private issuers to register their securities with the
Commission by lessening concerns that the Exchange Act registration and
reporting system would be difficult to exit once an issuer enters it.
The information provided to the Commission is mandatory and all
information is made available to the public upon request. We estimate
that Form 15F takes approximately 30 hours to prepare and is filed by
approximately 30 foreign private issuers. We estimate that 25% of the
30 hours per response (7.5 hours per response) is prepared by the filer
for a total annual reporting burden of 225 hours (7.5 hours per
response x 30 responses).
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 November 27, 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#82d2d0c3ddcfe3ebeee0edfac2f1e7e1ace5edf4"><span class="__cf_email__" data-cfemail="500002110f1d31393c323f28102335337e373f26">[email protected]</span></a>.
Dated: October 23, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-23711 Filed 10-26-23; 8:45 am]
BILLING CODE 8011-01-P
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