Pursuant to 5
CFR 1320.11(c), OMB files this comment on this information
collection request (ICR). In accordance with 5 CFR 1320, OMB is
withholding approval at this time. The agency shall examine public
comment in response to the NPRM and will include in the supporting
statement of the next ICR--to be submitted to OMB at the final rule
stage--a description of how the agency has responded to any public
comments on the ICR, including comments on maximizing the practical
utility of the collection and minimizing the burden.
Inventory as of this Action
Requested
Previously Approved
04/30/2013
36 Months From Approved
04/30/2013
205
0
205
87,083
0
87,083
4,269,600
0
4,269,600
Form N-2 is the registration statement
used by closed-end management investment companies, except small
business investment companies and insurance company separate
accounts, to register under the Investment Company Act of 1940 and
to register their securities under the Securities Act of 1933. The
SEC uses the information filed in registration statements to verify
compliance with the federal securities laws.
We anticipate that the
amendments will increase the burdens and costs for U.S. companies.
The amendments will increase existing burdens by requiring
companies to make additional disclosures of the following: the
shareholder say-on-pay votes and frequency and the general effect
of such votes, such as whether the vote is non-binding; whether
and, if so, how companies have taken into account the results of
shareholder advisory votes on executive compensation; decision
regarding how frequently it will conduct say-on-pay votes in light
of the results of the shareholder vote on frequency; and
disclosure of golden parachute compensation arrangements in
connection with mergers, acquisitions, tender offers and
going-private transactions. With respect to reporting companies,
portions of the new disclosure will be required in Schedules 14A,
14C, 14D-9, TO and 13E-3. Additional disclosure will also be
required in Forms 10, 10-K, 10-Q, S-1, S-4, F-4, S-11 and N-2. With
respect to Form N-2 we estimate an annual increase of 58 burden
hours and an increase of $17,600 in costs.
$100,000
No
No
No
Yes
No
Uncollected
Alberto Zapata 202
551-6944
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.