Notice2026-08158
Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Rule 147(f)(1)(iii) Written Representation as to Purchaser Residency
Primary source
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Published
April 27, 2026
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 91 Issue 80 (Monday, April 27, 2026)</title>
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[Federal Register Volume 91, Number 80 (Monday, April 27, 2026)]
[Notices]
[Page 22558]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-08158]
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SECURITIES AND EXCHANGE COMMISSION
[OMB Control No. 3235-0756]
Agency Information Collection Activities; Proposed Collection;
Comment Request; Extension: Rule 147(f)(1)(iii) Written Representation
as to Purchaser Residency
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.
Rule 147 (17 CFR 230.147) provides a safe harbor pursuant to which
an offering will be deemed to be in compliance with Section 3(a)(11) of
the Securities Act of 1933 (``Securities Act''), which provides an
exemption from the Securities Act's registration requirements for
intrastate offerings. Rule 147 is intended to facilitate intrastate and
regional securities offerings. Among other things, Rule 147(f)(1)(iii)
requires issuers relying on the rule to ``obtain a written
representation from each purchaser as to his or her residence.'' The
written representation required under Rule 147(f)(1)(iii) is intended
to help ensure that the issuer's offering is, in fact, an intrastate
offering. Approximately 700 respondents provide the information
required by Rule 147(f)(1)(iii) annually at an estimated 2.75 hours per
response and $150 per response for a total annual reporting burden of
1,925 hours (2.75 hours per response x 700 responses annually) and a
total annual cost burden of $105,000 ($150 per response x 700 responses
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.
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#194978697c6b6e766b724b7c7d6c7a6d707677587a6d596a7c7a377e766f"><span class="__cf_email__" data-cfemail="aefecfdecbdcd9c1dcc5fccbcadbcddac7c1c0efcddaeeddcbcd80c9c1d8">[email protected]</span></a> by June 26, 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 23, 2026.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2026-08158 Filed 4-24-26; 8:45 am]
BILLING CODE 8011-01-P
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