Notice2025-18474
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 18f-1 and Form N-18f-1
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
September 24, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 183 (Wednesday, September 24, 2025)</title>
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[Federal Register Volume 90, Number 183 (Wednesday, September 24, 2025)]
[Notices]
[Pages 45965-45966]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-18474]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0211]
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension: Rule 18f-1 and Form N-18f-1
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. 350l-3520), 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.
Rule 18f-1 (17 CFR 270.18f-1) enables a registered open-end
management investment company (``fund'') that may redeem its securities
in-kind, by making a one-time election, to commit to make cash
redemptions pursuant to certain requirements without violating section
18(f) of the Investment Company Act of 1940 (15 U.S.C. 80a-18(f)). A
fund relying on the rule must file Form N-18F-1 (17 CFR
[[Page 45966]]
274.51) to notify the Commission of this election. The Commission staff
estimates that 8 funds file Form N-18F-1 annually, and that each
response takes one hour. Based on these estimates, the total annual
burden hours associated with the rule is estimated to be 8 hours. The
estimated burden hours associated with rule 18f-1 and Form 18F-1 have
decreased by 4 hours from the current allocation of 12 hours. This
decrease is due to a decrease in the estimated number of investment
companies filing Form N-18F-1 annually. There is no external cost
associated with this collection of information.
The estimate of average burden hours is made solely for the
purposes of the Paperwork Reduction Act, and is not derived from a
comprehensive or even a representative survey or study of the costs of
Commission rules.
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 proposed
collection of information is necessary for the proper performance of
the functions of the SEC, including whether the information will have
practical utility; (b) the accuracy of the SEC's estimate of the burden
imposed by the proposed collection of information, including the
validity of the methodology and the assumptions used; (c) ways to
enhance the quality, utility, and clarity of the information to be
collected; and (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated,
electronic collection techniques or other forms of information
technology.
Please direct your written comments on this 60-Day Collection
Notice to Austin Gerig, Director/Chief Data Officer, Securities and
Exchange Commission, c/o Tanya Ruttenberg via email to
<a href="/cdn-cgi/l/email-protection#db8bbaabbea9acb4a9b089bebfaeb8afb2b4b59ab8af9ba8beb8f5bcb4ad"><span class="__cf_email__" data-cfemail="f5a594859087829a879ea790918096819c9a9bb49681b5869096db929a83">[email protected]</span></a> by November 24, 2025. There will be a
second opportunity to comment on this SEC request following the Federal
Register publishing a 30-Day Submission Notice.
Dated: September 22, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-18474 Filed 9-23-25; 8:45 am]
BILLING CODE 8011-01-P
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