Regulation 14C (Commission Rules 14c-1 through 14c-7 and Schedule 14C)

ICR 201902-3235-033

OMB: 3235-0057

Federal Form Document

Forms and Documents
Supplementary Document
Supporting Statement A
Supplementary Document
IC Document Collections
ICR Details
3235-0057 201902-3235-033
Active 201808-3235-014
SEC CF 270-057
Regulation 14C (Commission Rules 14c-1 through 14c-7 and Schedule 14C)
Revision of a currently approved collection   No
Approved without change 05/23/2019
Retrieve Notice of Action (NOA) 02/25/2019
  Inventory as of this Action Requested Previously Approved
05/31/2022 36 Months From Approved 10/31/2021
569 0 569
56,356 0 55,870
7,514,944 0 7,450,184

Schedule 14C is filed by issuers of securities that are registered under Section 12 of the Securities Exchange Act of 1934 in connection with a consent solicitation.

PL: Pub.L. 111 - 203 955 Name of Law: Dodd-Frank Wall Street Reform and Consumer Protection Act
   US Code: 15 USC 78n. 78w(a), 78mm(a) Name of Law: Securities Exchange Act of 1934

3235-AL49 Final or interim final rulemaking 84 FR 2402 02/06/2019


IC Title Form No. Form Name
Regulation 14C (Commission Rules 14c-1 through 14c-7 and Schedule 14C)

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 569 569 0 0 0 0
Annual Time Burden (Hours) 56,356 55,870 0 486 0 0
Annual Cost Burden (Dollars) 7,514,944 7,450,184 0 64,760 0 0
Changing Regulations
As explained in further detail in Items 12 and 13 above, the rules adopted in Release No. 33-10593 are mandated by Section 955 of the Dodd-Frank Act. The changes in burden of 14C relate to enhanced disclosure requirements in Regulation S-K to provide transparency to shareholders, if action is to be taken with respect to the election of directors, about whether employees or directors are permitted to engage in transactions that mitigate or avoid the incentive alignment associated with equity ownership. The change in burden of Schedule 14C corresponds to these amended disclosure requirements. For purposes of the PRA, we estimate that the amendments to Schedule 14C will result in a net increase of 486 burden hours and a net increase in the cost burden of $64,760 for the services of outside professionals.

Carolyn Sherman 202 551-3500 [email protected]


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.

© 2023 | Privacy Policy