Pre-approval
contingent upon no substantive changes to this collection after
adoption of the final rule. Otherwise this collection should be
re-submitted to OMB for review.
Inventory as of this Action
Requested
Previously Approved
11/30/2012
36 Months From Approved
327
0
0
14,887
0
0
1,984,890
0
0
New Schedule 14N would require filing
of certain information with the Commission by shareholders who
submit nominees for director either under a company's governing
documents or the Commission's proposed Exchange Act Rule
14a-11.
The proposals in Release No.
33-9046 would allow shareholders to more fully exercise their
rights to nominate directors. The collection of information on new
Schedule 14N is necessary to assist shareholders in making an
informed voting decision with regard to any nominee(s) put forth by
a nominating shareholder or group, by allowing shareholders to
gauge the nominating shareholders interest in the company,
longevity of ownership, and intent with regard to continued
ownership in the company. The proposal will result in an increase
of 14,887 burden hours and an increase in the cost burden of
$1,984,890 for services of outside professionals. For a more
detailed discussion, please refer to the supporting statement.
$50,000
No
No
Uncollected
Uncollected
No
Uncollected
Aleman Eduardo
2025513646
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.