Form SF-1

ICR 202007-3235-011

OMB: 3235-0707

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2020-07-21
Supplementary Document
2020-07-17
IC Document Collections
IC ID
Document
Title
Status
208875 Modified
ICR Details
3235-0707 202007-3235-011
Historical Inactive 201805-3235-044
SEC CF 270-610
Form SF-1
Revision of a currently approved collection   No
Regular
Comment filed on proposed rule and continue 09/24/2020
Retrieve Notice of Action (NOA) 07/22/2020
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
07/31/2021 36 Months From Approved 07/31/2021
6 0 6
2,076 0 2,076
2,491,200 0 2,491,200

Registration Statement for non-shelf issuers of asset-backed securities.

US Code: 15 USC 77g, 77j, 77s(a) Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78c, 78l, 78m, 78o, 78w(a) Name of Law: Securities Exchange Act of 1934
  
None

3235-AL78 Proposed rulemaking 84 FR 44358 08/23/2019

No

1
IC Title Form No. Form Name
Form SF-1 SEC 2908 Form SF-1

No
Yes
Changing Regulations
The proposed rule amendments would modernize and simplify the description of business (Item 101), legal proceedings (Item 103), and risk factor disclosures (Item 105) that registrants are required to make pursuant to Regulation S-K. The primary effects of the proposed amendments would be to: (1) increase the flexibility for an entity when providing disclosure regarding its business, including its general business development, so that it can tailor its disclosure to its particular circumstances; (2) eliminate or reduce disclosure about matters that are not material to an understanding of the business or to an entity’s legal proceedings; and (3) encourage risk factor disclosure that is shorter and concerns only material risks. As a result of these effects, we expect that the impact of the rule proposal would be a modest reduction in the paperwork burden of affected entities. For purposes of the PRA, we estimate that, for Form SF-1, the proposed amendments would result in a reduction of 5 burden hours and a reduction in the cost burden of $5,600 for the services of outside professionals.

$103,479,690
No
    No
    No
No
No
No
No
Elliot Staffin 202 551-3243

  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.
07/22/2020


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