Form SD

ICR 201606-3235-011

OMB: 3235-0697

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2016-06-21
Supplementary Document
2016-06-21
Supplementary Document
2016-06-21
IC Document Collections
IC ID
Document
Title
Status
204812 Modified
ICR Details
3235-0697 201606-3235-011
Historical Inactive 201604-3235-003
SEC CF 270-647
Form SD
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 08/04/2016
Retrieve Notice of Action (NOA) 06/24/2016
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
06/30/2019 36 Months From Approved 06/30/2019
864 0 864
311,437 0 311,437
41,523,840 0 41,523,840

Form SD is filed by resource extraction issuers to provide disclosures regarding the source and chain of custody of conflict minerals in their products.

US Code: 15 USC 78mm Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78c(b), 78l, 78m, 78o, 78w(a) Name of Law: Securities Exchange Act of 1934
  
PL: Pub.L. 111 - 203 1504 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act

3235-AL53 Proposed rulemaking 80 FR 80058 12/23/2015

No

1
IC Title Form No. Form Name
Form SD SEC 0697 Form SD

No
No
As explained in further detail in Items 12 and 13 above, the increase in burden for Form SD corresponds to new disclosure requirements for resource extraction issuers. These disclosure requirements implement Section 13(q) by requiring resource extraction issuers to include in an annual report information about certain payments made to foreign governments and the U.S. federal government. As discussed above, the approximately 1,481 issuers required to file on Form SD annually would increase the current paperwork burden under Form SD from 311,437 hours to 601,315.2 hours, an increase of 289,878 hours. There would be a corresponding increase of $71,487,820 in cost burden.

$50,000
No
No
No
Yes
No
Uncollected
Shehzad Niazi 202 551-3121

  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.
06/24/2016


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