Notice2025-05985
Submission for OMB Review; Comment Request; Extension: Regulation FD-Other Disclosure Materials
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 8, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 66 (Tuesday, April 8, 2025)</title>
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[Federal Register Volume 90, Number 66 (Tuesday, April 8, 2025)]
[Notices]
[Pages 15179-15180]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-05985]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0536]
Submission for OMB Review; 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'') has submitted to the Office of Management
and Budget this request for extension of the previously
[[Page 15180]]
approved collection of information discussed below.
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 that: (1) when
an issuer intentionally discloses material information, to do so
through 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).
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 OMB control number.
Written comments are invited on: (a) whether this 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.
The public may view and comment on this information collection
request at: <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202501-3235-003">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202501-3235-003</a> or send an email comment to
<a href="/cdn-cgi/l/email-protection#e4a9a6bccaaba9a6caabadb6a5cab7a1a7bb8081978fbb8b82828d878196a48b8986ca818b94ca838b92"><span class="__cf_email__" data-cfemail="511c13097f1e1c137f1e1803107f0214120e3534223a0e3e373738323423113e3c337f343e217f363e27">[email protected]</span></a> within 30 days of the day
after publication of this notice by May 9, 2025.
Dated: April 2, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-05985 Filed 4-7-25; 8:45 am]
BILLING CODE 8011-01-P
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