Notice2025-00665
Proposed Collection; Comment Request; Extension: Form 11-K
Primary source
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Published
January 15, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 9 (Wednesday, January 15, 2025)</title>
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[Federal Register Volume 90, Number 9 (Wednesday, January 15, 2025)]
[Notices]
[Page 3983]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-00665]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-101, OMB Control No. 3235-0082]
Proposed Collection; Comment Request; Extension: Form 11-K
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 11-K (17 CFR 249.311) is the annual report designed for use by
employee stock purchase, savings, and similar plans to comply with the
reporting requirements under Section 15(d) of the Securities and
Exchange Act of 1934 (the ``Exchange Act'') (15 U.S.C. 78o(d)). Section
15(d) establishes a periodic reporting obligation for every issuer of a
class of securities registered under the Securities Act of 1933 (the
``Securities Act'') (15 U.S.C. 77a et seq.). Form 11-K provides
employees of an issuer with financial information so that they can
assess the performance of the investment vehicle or stock plan. We
estimate that Form 11-K requires approximately internal 95.81 burden
hours per response and that there is an average of approximately 941
Form 11-K filings annually for a total of 90,157 internal burden hours
annually (95.81 hours per response x 941 responses). We also estimate
that Form 11-K requires a cost of approximately $7,525 per response for
a total annual cost burden of $7,081,025 ($7,525 per response x 941
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 March 17, 2025.
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 Austin Gerig, Director/Chief
Data Officer, Securities and Exchange Commission, c/o Tanya Ruttenberg,
100 F Street NE, Washington, DC 20549 or send an email to:
<a href="/cdn-cgi/l/email-protection#37676576687a565e5b55584f7744525419505841"><span class="__cf_email__" data-cfemail="c9999b889684a8a0a5aba6b189baacaae7aea6bf">[email protected]</span></a>.
Dated: January 8, 2025.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2025-00665 Filed 1-14-25; 8:45 am]
BILLING CODE 8011-01-P
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