Pursuant to 5
CFR 1320.11(c), OMB files this comment on this information
collection request (ICR. The agency shall examine public comment in
response to the NPRM and will describe in the supporting statement
of its next collection any public comments received regarding the
collection as well as why (or why it did not) incorporate the
commenter’s recommendation. The next submission to OMB must include
the draft final rule.
Inventory as of this Action
Requested
Previously Approved
05/31/2014
36 Months From Approved
07/31/2014
58,368
0
58,368
301,179
0
301,179
0
0
0
Rule 482 permits registered investment
companies and business development companies to advertise
generally, without having to qualify the advertisement as a
prospectus under Section 10(a) of the Securities Act of 1933, as
amended, or to accompany or precede the advertisement with such a
prospectus.
US Code:
15
USC 77j Name of Law: Securities Act of 1933
Previously, the Commission
estimated an annual total hour burden of approximately 301,179
hours for complying with rule 482. This number was based on a
yearly estimate of 58,368 responses filed by 3,540 investment
companies offering approximately 16,225 portfolios with an
estimated burden of 5.16 hours per response. The Commission now
estimates 302,205 total burden hours each year, a net increase of
1,026 burden hours each year for complying with rule 482 from the
previous submission. This increase is due to the staff's estimates
of the time costs that would result from our proposed
amendments.
$0
No
No
No
No
No
Uncollected
Adam Bolter 202
551-6011
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.