Notice2026-06253
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 203-2 & Form ADV-W
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 1, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 62 (Wednesday, April 1, 2026)</title>
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[Federal Register Volume 91, Number 62 (Wednesday, April 1, 2026)]
[Notices]
[Page 16267]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-06253]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0313]
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension: Rule 203-2 & Form ADV-W
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 (``SEC'' or ``Commission'') is soliciting comments on the
proposed collection of information. The Commission plans to submit this
existing collection of information to the Office of Management and
Budget for extension and approval.
The title for the collection of information is ``Rule 203-2 (17 CFR
275.203-2) and Form ADV-W (17 CFR 279.2) under the Investment Advisers
Act of 1940 (15 U.S.C. 80b).'' Rule 203-2 under the Investment Advisers
Act of 1940 establishes procedures for an investment adviser to
withdraw its registration or pending registration with the Commission.
Rule 203-2 requires every person withdrawing from investment adviser
registration with the Commission to file Form ADV-W electronically on
the Investment Adviser Registration Depository (``IARD''). The purpose
of the information collection is to notify the Commission and the
public when an investment adviser withdraws its pending or approved SEC
registration. Typically, an investment adviser files a Form ADV-W when
it ceases doing business or when it is ineligible to remain registered
with the Commission.
The respondents to the collection of information are all investment
advisers that are registered with the Commission or have applications
pending for registration. The Commission has estimated that compliance
with the requirement to complete Form ADV-W imposes a total burden of
approximately 0.75 hours (45 minutes) for an adviser filing for full
withdrawal and approximately 0.25 hours (15 minutes) for an adviser
filing for partial withdrawal. Based on historical filings, the
Commission estimates that there are approximately 880 respondents
annually filing for full withdrawal and approximately 673 respondents
annually filing for partial withdrawal. Based on these estimates, the
total estimated annual burden would be 828.25 hours ((880 respondents x
.75 hours) + (673 respondents x .25 hours)).
Rule 203-2 and Form ADV-W require recordkeeping or records
retention--an adviser must keep a copy of its filed ADV-W in its
records and the Commission record retention schedule is Job. No. N1-
266-91-1-43a. The collection of information requirements under the rule
and form are mandatory. The information collected pursuant to the rule
and Form ADV-W are filings with the Commission. These filings are 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 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#154574657067627a677e4770716076617c7a7b547661556670763b727a63"><span class="__cf_email__" data-cfemail="c090a1b0a5b2b7afb2ab92a5a4b5a3b4a9afae81a3b480b3a5a3eea7afb6">[email protected]</span></a> by June 1, 2026. There will be a second
opportunity to comment on this SEC request following the Federal
Register publishing a 30-Day Submission Notice.
Dated: March 27, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-06253 Filed 3-31-26; 8:45 am]
BILLING CODE 8011-01-P
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