OMB files this
comment in accordance with 5 CFR 1320.11(c). This OMB action is not
an approval to conduct or sponsor an information collection under
the Paperwork Reduction Act of 1995. This action has no effect on
any current approvals. If OMB has assigned this ICR a new OMB
Control Number, the OMB Control Number will not appear in the
active inventory. For future submissions of this information
collection, reference the OMB Control Number provided. 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
11/30/2020
36 Months From Approved
12/31/2020
15,700
0
15,700
5,024
0
5,024
6,028,800
0
6,028,800
Rule 433 governs the use and filing of
free writing prospectuses under the Securities Act of
1933.
The proposed amendments in
Release No. IC-33427 would modify the registration, communications,
and offering processes for registered closed-end funds and business
development companies. The proposed amendments to Rule 433 would
permit registered closed-end funds and business development
companies to issue a free-writing prospectus as is currently
available to operating companies. For purposes of the PRA, we
estimate that the proposed amendments to Rule 433 would result in a
net increase of 1,395 burden hours and a net increase in the cost
burden of $1,674,240 for the services of outside professionals.
These changes are due to proposed amendments that would expand the
scope of Rule 433 to registered closed-end funds and business
development companies.
$103,479,690
No
No
No
No
No
No
No
Sean Harrison 202
942-2910
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.