Notice2025-21389
Agency Information Collection Activities; Comment Request; Extension: Rule 18f-1 and Form N-18f-1
Primary source
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Published
November 28, 2025
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 90 Issue 227 (Friday, November 28, 2025)</title>
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[Federal Register Volume 90, Number 227 (Friday, November 28, 2025)]
[Notices]
[Pages 54791-54792]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-21389]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0211]
Agency Information Collection Activities; 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'') has submitted to the Office of Management
and Budget a request for extension of the previously approved
collection of information discussed below.
[[Page 54792]]
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 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. The collection of information required by rule 18f-1
is necessary to obtain the benefits of the rule. Responses to the
collection of information will not be 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.
The public may view and comment on this information collection
request at: <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202509-3235-006">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202509-3235-006</a> or send an email comment to
<a href="/cdn-cgi/l/email-protection#d499968cfa9b9996fa9b9d8695fa8791978bb0b1a7bf8bbbb2b2bdb7b1a694bbb9b6fab1bba4fab3bba2"><span class="__cf_email__" data-cfemail="1d505f453352505f3352544f5c334e585e4279786e7642727b7b747e786f5d72707f3378726d337a726b">[email protected]</span></a> within 30 days of the day
after publication of this notice by December 29, 2025.
Dated: November 24, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-21389 Filed 11-26-25; 8:45 am]
BILLING CODE 8011-01-P
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