Notice2025-01765

Proposed Collection; Comment Request; Extension: Regulation FD-Other Disclosure Materials

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Published
January 28, 2025

Issuing agencies

Securities and Exchange Commission

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<title>Federal Register, Volume 90 Issue 17 (Tuesday, January 28, 2025)</title>
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[Federal Register Volume 90, Number 17 (Tuesday, January 28, 2025)]
[Notices]
[Pages 8313-8314]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-01765]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-475, OMB Control No. 3235-0536]


Proposed Collection; Comment Request; Extension: Regulation FD--
Other Disclosure Materials

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.
    Regulation FD (17 CFR 243.100 et seq.) requires public disclosure 
of material information from issuers of publicly traded securities so 
that investors have current information upon which to base investment 
decisions. The purpose of the regulation is to require: (1) an issuer 
that intentionally discloses material information, to do so through

[[Page 8314]]

public disclosure, not selective disclosure; and (2) to make prompt 
public disclosure of material information that was unintentionally 
selectively disclosed. We estimate that approximately 7,196 issuers 
make Regulation FD disclosures approximately five times a year for a 
total of 19,274 responses annually (after excluding the approximately 
16,706 Form 8-K filings that are made annually to comply with 
Regulation FD). We estimate that it takes 5 hours per response for a 
total burden of 96,370 hours annually (19,274 responses x 5 hours). In 
addition, we estimate that 75% of the 5 hours per response (3.75 hours) 
is carried internally by the filer for an annual reporting burden of 
72,278 hours (3.75 hours per response x 19,274 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 31, 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#623230233d2f030b0e000d1a221107014c050d14"><span class="__cf_email__" data-cfemail="f5a5a7b4aab8949c99979a8db5869096db929a83">[email&#160;protected]</span></a>.

    Dated: January 22, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-01765 Filed 1-27-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on January 28, 2025.

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