Notice2025-23957

Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 13e-1

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Published
December 30, 2025

Issuing agencies

Securities and Exchange Commission

Full Text

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<title>Federal Register, Volume 90 Issue 246 (Tuesday, December 30, 2025)</title>
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[Federal Register Volume 90, Number 246 (Tuesday, December 30, 2025)]
[Notices]
[Pages 61204-61205]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-23957]


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SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0305]


Agency Information Collection Activities; Proposed Collection; 
Comment Request; Extension: Rule 13e-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. 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. The Commission also is requesting 
approval from OMB to designate this existing collection of information 
(OMB Control No. 3235-0305) as a ``common form'' for purposes of PRA 
submissions \1\ because the Board of Governors of the Federal Reserve 
System uses this information collection (under OMB Control No. 7100-
0091).
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    \1\ See ROCIS PRA Module User Guide v.8.2, at 110-111 (Mar. 
2024), available at <a href="https://www.rocis.gov/rocis/viewResources.do">https://www.rocis.gov/rocis/viewResources.do</a> 
(``A `common form' is an information collection that can be used by 
two or more agencies, or government-wide, for the same purpose. The 
Common Forms Module [in ROCIS] allows a `host' agency to obtain 
[OMB] approval of an information collection for use by one or more 
`using' agencies. After OMB grants approval, any prospective using 
agency that seeks to collect identical information for the same 
purpose can obtain approval to use the `common form' by providing 
its agency-specific information to OMB (e.g., burden estimates and 
number of respondents). . . . The host agency will indicate in the 
Federal Register notices that it is requesting approval of a common 
form and, if known, identify other agencies that may use the 
information collection. Both the Federal Register notices and the 
ICR should account only for the burden imposed by the host agency's 
use of the common form. Once the host agency has received approval 
from OMB, any agency will be able to request OMB approval for its 
use of the common form in ROCIS by providing its agency specific 
information to OMB (e.g., burden estimates and number of 
respondents). Additional public notice by those agencies will not be 
required.'').
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    Rule 13e-1 (17 CFR 240.13e-1) under the Securities Exchange Act of 
1934 (15 U.S.C. 78 et seq.) (``Exchange Act'') makes it unlawful for an 
issuer who has received notice that it is the subject of a tender offer 
made under Section 14(d)(1) of the Exchange Act to purchase any of its 
equity securities during the tender offer, unless it first files a 
statement with the Commission containing information required by the 
rule. This rule is in keeping with the Commission's statutory 
responsibility to prescribe rules and regulations that are necessary 
for the protection of investors. We estimate that it takes 
approximately 11.25 burden hours per response to provide the 
information required under Rule 13e-1 and that the information is filed 
once per year by approximately 1 respondent. We estimate that 25% of 
the 11.25 hours per response is carried internally by the company for a 
total annual reporting burden of approximately 3 hours (11.25 hours per 
response x 25% x 1 response annually). We estimate that 75% of the 
11.25 hours per response is carried externally by outside professionals 
retained by the company at a rate of $600 per hour for a total annual 
cost burden of approximately $5,063 ($600 per hour x 11.25 hours per 
response x 75% x 1 response annually).
    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 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.

[[Page 61205]]

    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#623203120710150d10093007061701160b0d0c230116221107014c050d14"><span class="__cf_email__" data-cfemail="3767564752454058455c6552534254435e58597654437744525419505841">[email&#160;protected]</span></a> by March 2, 2026. There will be a second 
opportunity to comment on this SEC request following the Federal 
Register publishing a 30-Day Submission Notice.

    Dated: December 22, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-23957 Filed 12-29-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on December 30, 2025.

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