Exchange Act Form 10-K

ICR 202107-3235-004

OMB: 3235-0063

Federal Form Document

Forms and Documents
Form and Instruction
Supporting Statement A
Supplementary Document
IC Document Collections
34213 Modified
ICR Details
3235-0063 202107-3235-004
Received in OIRA 202101-3235-003
SEC CF 270-048
Exchange Act Form 10-K
Revision of a currently approved collection   No
Regular 07/21/2021
  Requested Previously Approved
36 Months From Approved 10/31/2022
8,292 8,286
14,188,040 14,198,998
1,893,793,119 1,895,253,919

Form 10-K is filed by issuers of securities to satisfy their annual report obligations pursuant to Sections 13 and 15(d) of the Exchange Act.

US Code: 15 USC 77c, 77f, 77g, 77h, 77j, Name of Law: Securities Act of 1933
   US Code: 15 USC 77s(a), 77z-3 Name of Law: Securities Act of 1933
   US Code: 15 USC 78c(b),78l, 78m, 78o(d), Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78w(a), 78mm Name of Law: Securities Exchange Act of 1934

3235-AM12 Final or interim final rulemaking 85 FR 21940 04/20/2020


IC Title Form No. Form Name
Exchange Act Form 10-K SEC 1673 Form 10-K

  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 8,292 8,286 0 6 0 0
Annual Time Burden (Hours) 14,188,040 14,198,998 0 -10,958 0 0
Annual Cost Burden (Dollars) 1,893,793,119 1,895,253,919 0 -1,460,800 0 0
Changing Regulations
The amendments to the Regulation S-X financial disclosure requirements are applicable to registered debt offerings that include credit enhancements, such as subsidiary guarantees. The amendments are intended to both improve the quality of disclosure and increase the likelihood that issuers will conduct credit enhanced debt offerings on a registered basis. The amendments clarify, consolidate, relocate and eliminate some disclosures of the credit enhancement requirements. The amendments focus on material information regarding guarantees and other credit enhancements, and eliminate prescriptive requirements that have imposed unnecessary burdens and incentivized issuers of securities with guarantees and other credit enhancements to offer and sell those securities in unregistered offerings. All together, the Commission believes these effects will facilitate more registered offerings of guaranteed and collateralized debt securities, thereby affording investors protection they may not otherwise have had in debt offerings conducted in the private markets. For purposes of the Paperwork Reduction Act, the Commission estimates that the final amendments will result in six additional filings of Form 10-K, as well as a net decrease of 10,958 burden hours and a net decrease of $1,460,800 in the cost burden of the form.

Sean Harrison 202 942-2910


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.

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