Regulation D (Form D)

ICR 202104-3235-007

OMB: 3235-0076

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2021-04-08
Supplementary Document
2021-04-06
IC Document Collections
IC ID
Document
Title
Status
34297 Modified
ICR Details
3235-0076 202104-3235-007
Received in OIRA 202003-3235-007
SEC CF-270-072
Regulation D (Form D)
Revision of a currently approved collection   No
Regular 04/15/2021
  Requested Previously Approved
36 Months From Approved 04/30/2023
23,571 23,571
29,464 23,571
35,356,500 28,285,200

Form D is a notice of sales filed by issuers making an offering of securities in reliance on an exemption under Regulation D or Section 4(a)(5) of the Securities Act of 1933.

US Code: 15 USC 78c, 78j(b), 78l, 78o, 78q, Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78w(a), 78mm Name of Law: Securities Exchange Act of 1934
   PL: Pub.L. 112 - 106 301-305 Name of Law: Jumpstart Our Business Startups Act of 2012
   US Code: 15 USC 77c, 77d, 77d-1, 77s, 77z-3 Name of Law: Securities Act of 1933
  
None

3235-AM27 Final or interim final rulemaking 86 FR 3496 01/14/2021

No

1
IC Title Form No. Form Name
Regulation D (Form D) SEC1972 Form D -Notice of Exempt Offering of Securities

  Total Request 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 23,571 23,571 0 0 0 0
Annual Time Burden (Hours) 29,464 23,571 0 5,893 0 0
Annual Cost Burden (Dollars) 35,356,500 28,285,200 0 7,071,300 0 0
Yes
Changing Regulations
No
The amendments revise the financial statement and non-financial information and delivery requirements (including the requirement to provide the purchaser with generic solicitation materials), provide an additional method to verify an investor’s accredited investor status, and raise the offering limit under Rule 504. We estimate for purposes of the PRA that there is no net effect on the current burden hours per response relating to Regulation D as a result of the amendments. However, we are establishing a single collection of information for Regulation D (Form D) to encompass all of the associated paperwork burdens under Regulation D. The estimates for this new collection of information include the existing burden estimated for Form D, Rule 504(b)(3), and Rule 506(e), as well as other burdens resulting from the implementation of Regulation D. For purposes of the PRA, we estimate the new Regulation D (Form D) collection of information to be 29,464 burden hours and $35,356,500 for the services of outside professionals.

$103,479,690
No
    Yes
    No
No
No
No
No
Steven Hearne 703 551-3248

  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.
04/15/2021


© 2024 OMB.report | Privacy Policy