Notice2025-05988
Submission for OMB Review; Comment Request; Extension: Rule 0-2, Form ADV-NR
Primary source
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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]
[Page 15178]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-05988]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0240]
Submission for OMB Review; Comment Request; Extension: Rule 0-2,
Form ADV-NR
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 a request for extension of the previously approved
collection of information discussed below.
The title for the collection of information is ``Rule 0-2 and Form
ADV-NR under the Investment Advisers Act of 1940.'' Rule 0-2 and Form
ADV-NR facilitate service of process on a non-resident investment
adviser, and an investment adviser's non-resident general partner and
non-resident managing agent. Form ADV-NR designates the Secretary of
the Commission, among others, as the non-resident general partner's or
non-resident managing agent's agent for service of process. The
collection of information is necessary for the Commission to obtain
appropriate consent to permit the Commission and other parties to bring
actions against non-resident partners and agents for violations of the
federal securities laws and to enable the commencement of legal and
regulatory actions against investment advisers that are doing business
in the United States, but are not residents.
The respondents to this information collection are each non-
resident general partner and non-resident managing agent of both SEC-
registered investment advisers and exempt reporting advisers. Based on
our experience with Form ADV-NR filings, we estimate we will receive 41
Form ADV-NR filings annually, each taking one hour to complete, for an
aggregate annual time burden of 41 hours. We estimate no external cost
burden.
Rule 0-2 and Form ADV-NR do not require recordkeeping or records
retention. The collection of information requirements under the rule
and form are mandatory. The information collected pursuant to Rule 0-2
and Form ADV-NR is a filing with the Commission and is not kept
confidential.
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=202501-3235-023">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202501-3235-023</a> or send an email comment to
<a href="/cdn-cgi/l/email-protection#df929d87f190929df190968d9ef18c9a9c80bbbaacb480b0b9b9b6bcbaad9fb0b2bdf1bab0aff1b8b0a9"><span class="__cf_email__" data-cfemail="f4b9b6acdabbb9b6dabbbda6b5daa7b1b7ab9091879fab9b92929d979186b49b9996da919b84da939b82">[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. 2025-05988 Filed 4-7-25; 8:45 am]
BILLING CODE 8011-01-P
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