Notice2024-08034
Proposed Collection; Comment Request; Extension: Form ABS-EE
Primary source
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Published
April 16, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 74 (Tuesday, April 16, 2024)</title>
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[Federal Register Volume 89, Number 74 (Tuesday, April 16, 2024)]
[Notices]
[Page 26976]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-08034]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-609, OMB Control No. 3235-0706]
Proposed Collection; Comment Request; Extension: Form ABS-EE
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.
Form ABS-EE (17 CFR 249.1401) is filed by asset-backed issuers to
provide asset-level information for registered offerings of asset-
backed securities at the time of securitization and on an ongoing basis
required by Item 1111(h) of Regulation AB (17 CFR 229.1111(h)). The
purpose of the information collected on Form ABS-EE is to implement the
disclosure requirements of Section 7(c) of the Securities Act of 1933
(15 U.S.C. 77g(c)) to provide information regarding the use of
representations and warranties in the asset-backed securities markets.
Form ABS-EE takes approximately 50.87152 hours per response to prepare
and is filed by 5,463 securitizers annually. We estimate that 25% of
the approximately 50.87152 hours per response (12.71788 hours) is
prepared by the securitizers internally for a total annual reporting
burden of 69,478 hours (12.71788 hours per response x 5,463 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 17, 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#e6b6b4a7b9ab878f8a84899ea6958385c8818990"><span class="__cf_email__" data-cfemail="36666477697b575f5a54594e7645535518515940">[email protected]</span></a>.
Dated: April 11, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-08034 Filed 4-15-24; 8:45 am]
BILLING CODE 8011-01-P
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