Form S-1 Registration Statement

ICR 202111-3235-012

OMB: 3235-0065

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2021-11-22
Supplementary Document
2021-11-22
IC Document Collections
IC ID
Document
Title
Status
34231 Modified
ICR Details
3235-0065 202111-3235-012
Received in OIRA 202105-3235-001
SEC CF-270-058
Form S-1 Registration Statement
Revision of a currently approved collection   No
Regular 12/02/2021
  Requested Previously Approved
36 Months From Approved 11/30/2024
898 894
146,062 146,067
178,916,043 178,922,043

Form S-1 under the Securities Act is used by issuers who are not eligible to use other forms to register offering of their securities.

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
  
None

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

No

1
IC Title Form No. Form Name
Form S-1 Registration Statement SEC 870 Form S-1

  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 898 894 0 4 0 0
Annual Time Burden (Hours) 146,062 146,067 0 -5 0 0
Annual Cost Burden (Dollars) 178,916,043 178,922,043 0 -6,000 0 0
No
Yes
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 four additional filings of Form S-1, as well as a net decrease of five burden hours and a net decrease of $6,000 in the cost burden of the form.

$103,479,690
No
    Yes
    No
No
No
No
No
Sean Harrison 202 942-2910

  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.
12/02/2021


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