Notice2024-02751
Proposed Collection; Comment Request; Extension: Rule 236-Exemption of Shares Offered in Connection With Certain Transactions
Primary source
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Published
February 12, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 29 (Monday, February 12, 2024)</title>
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[Federal Register Volume 89, Number 29 (Monday, February 12, 2024)]
[Notices]
[Page 9882]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-02751]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-118, OMB Control No. 3235-0095]
Proposed Collection; Comment Request; Extension: Rule 236--
Exemption of Shares Offered in Connection With Certain Transactions
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.
Securities Act Rule 236 (17 CFR 230.236) provides an exemption from
registration under the Securities Act for the offering of shares of
stock or similar securities to provide funds to be distributed to
security holders in lieu of fractional shares, scrip certificates or
order forms, in connection with a stock dividend, stock split, reverse
stock split, conversion, merger or similar transaction. Issuers wishing
to rely upon the exemption are required to furnish specified
information to the Commission at least 10 days prior to the offering.
The information is needed to provide notice that the issuer is relying
on the exemption. Approximately 10 respondents file the information
required by Rule 236 at an estimated 1.5 hours per response for a total
annual reporting burden of 15 hours (1.5 hours per response x 10
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 April 12, 2024.
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#ffafadbea0b29e96939d9087bf8c9a9cd1989089"><span class="__cf_email__" data-cfemail="26767467796b474f4a44495e6655434508414950">[email protected]</span></a>.
Dated: February 6, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-02751 Filed 2-9-24; 8:45 am]
BILLING CODE 8011-01-P
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