Rule 35d-1 Investment Company Names

ICR 202108-3235-009

OMB: 3235-0548

Federal Form Document

Forms and Documents
Supplementary Document
Supplementary Document
Supporting Statement A
IC Document Collections
ICR Details
3235-0548 202108-3235-009
Received in OIRA 201801-3235-006
SEC IM-270-491
Rule 35d-1 Investment Company Names
Extension without change of a currently approved collection   No
Regular 11/23/2021
  Requested Previously Approved
36 Months From Approved 01/31/2022
38 33
760 660
0 0

Section 35(d) of the Investment Company Act of 1940 prohibits a registered investment company from adopting as part of the name or title of such company, or of any securities of which it is the issuer, any word or words that the Commission finds are materially deceptive or misleading. Rule 35d-1 under the Investment Company Act defines “materially deceptive and misleading” for purposes of Section 35(d) and further requires either that the investment policy is fundamental or that the fund has adopted a policy to provide its shareholders with at least 60 days prior notice of any change in the investment policy.

US Code: 15 USC 80a-1 et seq. Name of Law: Investment Company Act of 1940

Not associated with rulemaking

  86 FR 48789 08/31/2021
86 FR 64575 11/18/2021

IC Title Form No. Form Name
Rule 35d-1 under the Investment Company Act of 1940, Investment Company Names

  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 38 33 0 0 5 0
Annual Time Burden (Hours) 760 660 0 0 100 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
The Commission continues to estimate that there is no external cost burden associated with this rule. The increase in the estimated annual internal burden hours from 660 hours to 760 hours is due to an increase in the estimated number of funds registered with the Commission, thus an increase to the number of funds providing notice to shareholders under the rule. The annual cost burden has increased from $258,720 to $323,000. This $64,280 increase is attributable to (1) an increase in the number of funds providing notice to shareholders and (2) changes in the costs of attorneys’ preparation of the notice to shareholders.

Blair Burnett 202 551-3325


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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