60 Day Notice

3235-0360 60 Day Notice.pdf

Form N-17f-2 (17 CFR 274.220), "Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies," filed pursuant to Investment Company Act Rule 17f-2

60 Day Notice

OMB: 3235-0360

Document [pdf]
Download: pdf | pdf
Federal Register / Vol. 85, No. 190 / Wednesday, September 30, 2020 / Notices
Dated: September 28, 2020.
Vanessa A. Countryman,
Secretary.
[FR Doc. 2020–21707 Filed 9–28–20; 4:15 pm]
BILLING CODE 8011–01–P

SECURITIES AND EXCHANGE
COMMISSION
[OMB Control No. 3235–0360, SEC File No.
270–317]

Proposed Collection; Comment
Request’

jbell on DSKJLSW7X2PROD with NOTICES

Extension:
Form N-17f–2

Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 350l et seq.), the Securities
and Exchange Commission (the
‘‘Commission’’) is soliciting comments
on the collection of information
summarized below. The Commission
plans to submit this existing collection
of information to the Office of
Management and Budget for extension
and approval.
Form N-17f–2 (17 CFR 274.220) under
the Investment Company Act is entitled
‘‘Certificate of Accounting of Securities
and Similar Investments in the Custody
of Management Investment Companies.’’
Form N-17f–2 is the cover sheet for the
accountant examination certificates
filed under rule 17f–2 (17 CFR 270.17f–
2) by registered management investment
companies (‘‘funds’’) maintaining
custody of securities or other
investments. Form N-17f–2 facilitates
the filing of the accountant’s
examination certificates prepared under
rule 17f–2. The use of the form allows
the certificates to be filed electronically,
and increases the accessibility of the
examination certificates to both the
Commission’s examination staff and
interested investors by ensuring that the
certificates are filed under the proper
Commission file number and the correct
name of a fund.
Commission staff estimates that it
takes: (i) on average 1.25 hours of fund
accounting personnel at a total cost of
272 to prepare each Form N-17f–2; 1 and
(ii) .75 hours of administrative assistant
time at a total cost of $57 to file the
Form N-17f–2 with the Commission.2
Approximately 201 funds currently file
Form N-17f–2 with the Commission.
Commission staff estimates that on
average each fund files Form N-17f–2
1 This estimate is based on the following
calculation: 1.25 × $218 (fund senior accountant’s
hourly rate) = $272.
2 This estimate is based on the following
calculation: .75 × $76 (administrative assistant
hourly rate) $61.

VerDate Sep<11>2014

17:36 Sep 29, 2020

Jkt 250001

three times annually for a total annual
hourly burden per fund of
approximately 6 hours at a total cost of
$1,002. The total annual hour burden
for Form N-17f–2 is therefore estimated
to be approximately 1,206 hours at a
total cost of approximately $201,402.3
Form N-17f–2 does not impose any
paperwork related cost burdens other
than this internal hour cost.
The estimate of average burden hours
is made solely for the purposes of the
Paperwork Reduction Act, and is not
derived from a comprehensive or even
a representative survey or study of the
costs of Commission rules and forms.
Complying with the collections of
information required by Form N-17f–2
is mandatory for those funds that
maintain custody of their own assets.
Responses will not be kept confidential.
An agency may not conduct or sponsor,
and a person is not required to respond
to, a collection of information unless it
displays a currently valid control
number.
The Commission requests written
comments on: (a) Whether the collection
of information is necessary for the
proper performance of the functions of
the Commission, including whether the
information has practical utility; (b) the
accuracy of the Commission’s estimate
of the burdens of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information collected; and (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology. Consideration will be given
to comments and suggestions submitted
in writing within 60 days of this
publication.
Please direct your written comments
to David Bottom, Director/Chief
Information Officer, Securities and
Exchange Commission, C/O Cynthia
Roscoe, 100 F Street NE, Washington,
DC 20549; or send an email to: PRA_
[email protected].
Dated: September 24, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020–21539 Filed 9–29–20; 8:45 am]
BILLING CODE 8011–01–P

ACTION:

61795

30-Day notice.

The Small Business
Administration (SBA) is seeking
approval from the Office of Management
and Budget (OMB) for the information
collection described below. In
accordance with the Paperwork
Reduction Act and OMB procedures,
SBA is publishing this notice to allow
all interested member of the public an
additional 30 days to provide comments
on the proposed collection of
information.

SUMMARY:

Submit comments on or before
October 30, 2020.
ADDRESSES: Comments should refer to
the information collection by title and/
or OMB Control Number and should be
sent to: Agency Clearance Officer, Curtis
Rich, Small Business Administration,
409 3rd Street SW, 5th Floor,
Washington, DC 20416; and SBA Desk
Officer, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Washington,
DC 20503.
FOR FURTHER INFORMATION CONTACT:
Curtis Rich, Agency Clearance Officer,
(202) 205–7030, [email protected].
Copies: You may obtain a copy of the
information collection and supporting
documents from the Agency Clearance
Officer.
DATES:

Section
7(b) of the Small Business Act, 15 U.S.C.
636, as amended, authorizes the Small
Business Administration to make
disaster loans to businesses and
nonprofit organizations, including loans
for economic injury. The Coronavirus
Preparedness and Response
Supplemental Appropriations Act,
2020, Public Law 116–123 (March 6,
2020), amended the Small Business Act
to make economic injury resulting from
the current coronavirus pandemic
(COVID–19) a disaster that is eligible for
assistance under section 7(b) of the
Small Business Act. The forms
described below are used to collect
information from eligible small
businesses, including sole proprietors,
independent contractors, and
agricultural businesses, and also
nonprofit organizations seeking
financial assistance under this program.

SUPPLEMENTARY INFORMATION:

SMALL BUSINESS ADMINISTRATION

Summary of Information Collection

Reporting and Recordkeeping
Requirements Under OMB Review

Title: Economic Injury Disaster Loan
Application (EIDL) COVID–19.
OMB Control Number: 3245–0406.
Respondents: Small businesses,
including sole proprietors, independent
contractors, and agricultural businesses,
and nonprofit organizations.

AGENCY:

Small Business Administration

3 This estimate is based on the following
calculation: 201 funds × $1,002 (total annual cost
per fund) = $201,402.

PO 00000

Frm 00078

Fmt 4703

Sfmt 4703

E:\FR\FM\30SEN1.SGM

30SEN1


File Typeapplication/pdf
File Modified2020-09-30
File Created2020-09-30

© 2024 OMB.report | Privacy Policy