Regulation A (Form 1-A):
Small Issuer exemption from registration under the Securities Act
and its attendant form.
Revision of a currently approved collection
No
Regular
08/11/2022
Requested
Previously Approved
36 Months From Approved
09/30/2024
205
205
111,887
111,885
15,010,702
15,010,502
Regulation A provides an exemption
from registration under the Securities Act of 1933 for certain
limited securities offerings by issuers who do not otherwise file
reports with the Commission. Form 1-A is an offering statement
filed under Regulation A.
The rules revise the
statistical disclosures for banking registrants by updating and
codifying certain Guide 3 disclosures and eliminate other Guide 3
disclosures that overlap with Commission rules, U.S. Generally
Accepted Accounting Principles, or International Financial
Reporting Standards. In addition, the rules relocate the codified
disclosures to a new subpart of Regulation S-K and rescind Guide 3.
The Commission anticipates the rules will result in a small
increase in the required disclosure and the related burdens and
costs for these registrants to prepare and review the collections
of information. For purposes of the Paperwork Reduction Act, we
estimate that the rules will result in a net increase of two burden
hours and a net increase in the cost burden of $200 for the
services of outside professionals on Form 1-A.
$125,800,170
No
Yes
No
No
No
No
No
John Fieldsend 202
551-3343
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.