Notice2024-20845
Submission for OMB Review; Comment Request; Extension: Regulation A (Form 1-A): Small Issuer Exemption From Registration Under the Securities Act and Its Attendant Form
Primary source
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Published
September 13, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 178 (Friday, September 13, 2024)</title>
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[Federal Register Volume 89, Number 178 (Friday, September 13, 2024)]
[Notices]
[Page 75003]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-20845]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-110, OMB Control No. 3235-0286]
Submission for OMB Review; Comment Request; Extension: Regulation
A (Form 1-A): Small Issuer Exemption From Registration Under the
Securities Act and Its Attendant 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 this request for extension of the previously approved
collection of information discussed below.
Regulation A (17 CFR 230.251 through 230.263) provides an exemption
from registration under the Securities Act of 1933 (15 U.S.C. 77a et
seq.) for certain limited offerings of securities by issuers who do not
otherwise file reports with the Commission. Form 1-A is an offering
statement filed under Regulation A. The paperwork burden from
Regulation A is imposed through the forms that are subject to the
disclosure requirements in Regulation A and is reflected in the
analysis of the form. To avoid a Paperwork Reduction Act inventory
reflecting duplicative burdens, for administrative convenience we
estimate the burden imposed by Regulation A to be a total of one hour.
We estimate that approximately 325 issuers file Forms 1-A. We estimate
that Form 1-A takes approximately 717.372 hours to prepare. We estimate
that 75% of the 717.372 hours per response (538.029 hours) is prepared
by the company for a total annual burden of 174,859 hours (538.029
hours per response x 325 responses).
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.
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 October 15, 2024 to (i) <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a> and (ii)
Austin Gerig, Director/Chief Data Officer, Securities and Exchange
Commission, c/o Oluwaseun Ajayi, 100 F Street NE, Washington, DC 20549,
or by sending an email to: <a href="/cdn-cgi/l/email-protection#411113001e0c20282d232e39013224226f262e37"><span class="__cf_email__" data-cfemail="82d2d0c3ddcfe3ebeee0edfac2f1e7e1ace5edf4">[email protected]</span></a>.
Dated: September 10, 2024.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2024-20845 Filed 9-12-24; 8:45 am]
BILLING CODE 8011-01-P
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