The rules adopted in Release No. 33-9136 will allow shareholders to more fully exercise their rights to nominate directors. The increase in the number of Form ID filings is the result of some shareholders that will be required to file a Schedule 14N but who will not previously have filed an electronic submission with the Commission and will file a Form ID. The rules will result in an increase of 13 burden hours. We estimate that the additional burden cost resulting from the amendments will be zero because we estimate that 100 percent of the burden will be borne internally by the nominating shareholder.
$50,000
No
No
No
No
No
Uncollected
Blair Petrillo 202 551-3430
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.