Notice2026-07777
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 30e-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
April 22, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 77 (Wednesday, April 22, 2026)</title>
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[Federal Register Volume 91, Number 77 (Wednesday, April 22, 2026)]
[Notices]
[Pages 21585-21586]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-07777]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0025]
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension: Rule 30e-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.) (``Paperwork Reduction Act''), the
Securities and Exchange Commission (the ``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 (``OMB'') for extension and
approval.
Rule 30e-1 (17 CFR 270.30e-1) under the Investment Company Act of
1940 (15 U.S.C. 80a-1 et seq.) (``Investment Company Act'') generally
requires a registered investment company (``fund'') to transmit to its
shareholders, at least semi-annually, reports containing the
information that is required to be included in such reports by the
fund's registration statement form under the Investment Company Act.
The purpose of the collection of information required by rule 30e-1 is
to provide fund shareholders with current information about the
operation of their funds in accordance with Section 30 of the
Investment Company Act.
The table below summarizes our estimates associated with rule 30e-
1.
Estimated Burdens
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Internal annual Internal time Annual external
burden hours Wage rate \1\ costs cost burden
----------------------------------------------------------------------------------------------------------------
Open-end Funds
----------------------------------------------------------------------------------------------------------------
Estimated annual burden of 107 hours........ x $580 (blended $62,060......... $12,924.
rule 30e-1 per. rate for
attorney and
computer
programmer) \2\.
Number of open-end funds...... x 12,709 funds ................. x 12,709 funds.. x 12,709 funds.
\3\.
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Total annual burden....... 1,359,863 hours.. ................. $788,720,540.... $164,251,116.
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Closed-end Funds
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Estimated annual burden of 110 hours \4\.... x $580 (blended $60,060......... $14,664.
rule 30e-1 per. rate for
attorney and
computer
programmer) \2\.
[[Page 21586]]
Number of closed-end funds.... x 694 funds...... ................. x 694 funds..... x 694 funds.
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Total annual burden....... 76,340 hours..... ................. $41,681,640..... $10,176,816.
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Separate Accounts
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Estimated annual burden of 88 hours......... x $580 (blended $51,040......... $12,424.
rule 30e-1 per. rate for
attorney and
computer
programmer) \2\.
Number of separate accounts x 15 accounts.... ................. x 15 accounts... x 15 accounts.
that are management
investment companies that
offer variable annuity
contracts.
---------------------------------------------------------------------------------
Total annual burden....... 1,320 hours...... ................. $765,600........ $186,360.
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Total Final Estimated Burdens Including Amendments
----------------------------------------------------------------------------------------------------------------
Current burden estimates...... 1,738,428........ ................. ................ $155,164,791.
Revised burden estimates...... 1,437,523........ ................. ................ $174,614,292.
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\1\ To calculate the occupational hourly rates used in this release, the Commission uses occupational mean
hourly wage data from the Occupational Employment and Wage Statistics (OEWS) program of the Bureau of Labor
Statistics (BLS) for [``Securities, Commodity Contracts, and Other Financial Investments and Related
Activities'' (NAICS 523)] [the private sector]. See Occupational Employment and Wage Statistics, U.S. Bureau
of Labor Statistics, <a href="https://www.bls.gov/oes/">https://www.bls.gov/oes/</a>; see also Standard Occupational Classification, U.S. Bureau of
Labor Statistics, <a href="https://www.bls.gov/soc/">https://www.bls.gov/soc/</a> (describing occupational classification system used by BLS); Exec.
Off. of the President, Off. of Mgmt. & Budget, North American Industry Classification System (2022), available
at <a href="https://www.census.gov/naics/reference_files_tools/2022_NAICS_Manual.pdf">https://www.census.gov/naics/reference_files_tools/2022_NAICS_Manual.pdf</a> (describing the industry
classification system used by BLS and other agencies). The mean hourly wage for each occupation is adjusted
for changes in the seasonally adjusted employment cost index for private wages and salaries between the data
reference period and when the data are released by BLS. See Employment Cost Index, U.S. Bureau of Labor
Statistics, <a href="https://www.bls.gov/eci/">https://www.bls.gov/eci/</a>. The adjusted mean hourly wage is then multiplied by a factor that
accounts for nonwage costs borne by employers, such as bonuses, benefits, and overhead. This factor is
calculated as an average over the 10 most recently available years of data of the ratio of the Bureau of
Economic Analysis's annual gross output data for [NAICS 523] [the private sector] to total annual wages across
all occupations for [NAICS 523] [the private sector] in the OEWS data. See Gross Output by Industry, U.S.
Bureau of Economic Analysis, <a href="https://www.bea.gov/data/industries/gross-output-by-industry">https://www.bea.gov/data/industries/gross-output-by-industry</a>; Occupational
Employment and Wage Statistics, U.S. Bureau of Labor Statistics, <a href="https://www.bls.gov/oes/">https://www.bls.gov/oes/</a>. The final product
is the occupational hourly rate. See generally Updated Methodology for Calculating Occupational Hourly Rates
(Dec. 19, 2025), available at <a href="https://www.sec.gov/files/method-occupational-hourly-rates.pdf">https://www.sec.gov/files/method-occupational-hourly-rates.pdf</a>.
\2\ $744 attorney + $416 computer programmer/2 = $580.
\3\ Includes all open-end funds, including ETFs, registered on Form N-1A.
\4\ We have reduced the added burden of prior amendment to the requirements under rule 30e-1 for closed-end
funds from 24 hours to 22 hours to account for the fact that these burdens did not apply equally to all closed
end funds. See Securities Offering Reform for Closed-End Investment Companies, Investment Company Act Release
No. 33836 (April 8, 2020).
Estimates of average burden hours are made solely for the purposes
of the Paperwork Reduction Act and are not derived from a comprehensive
or even representative survey or study of the costs of Commission rules
and forms. The collection of information under rule 30e-1 is mandatory.
The information provided under rule 30e-1 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.
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#6e3e0f1e0b1c19011c053c0b0a1b0d1a0701002f0d1a2e1d0b0d40090118"><span class="__cf_email__" data-cfemail="9dcdfcedf8efeaf2eff6cff8f9e8fee9f4f2f3dcfee9ddeef8feb3faf2eb">[email protected]</span></a> by June 22, 2026. There will be a second
opportunity to comment on this SEC request following the Federal
Register publishing a 30-Day Submission Notice.
Dated: April 17, 2026.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2026-07777 Filed 4-21-26; 8:45 am]
BILLING CODE 8011-01-P
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