Registered Investment Company Interactive Data

ICR 202310-3235-016

OMB: 3235-0642

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2023-10-23
IC Document Collections
IC ID
Document
Title
Status
185342
Modified
ICR Details
3235-0642 202310-3235-016
Received in OIRA 202212-3235-007
SEC IM-270-580
Registered Investment Company Interactive Data
Revision of a currently approved collection   No
Regular 10/23/2023
  Requested Previously Approved
36 Months From Approved 05/31/2026
14,792 14,702
324,484 323,724
16,124,450 16,041,450

Certain funds have current requirements to submit to the Commission information included in their registration statements, or information included in or amended by any post-effective amendments to such registration statements, in response to certain form items in structured data language (“Investment Company Interactive Data”). This also includes the requirement for funds to submit interactive data to the Commission for any form of prospectus filed pursuant to 17 CFR 230.497(c) or 17 CFR 230.497(e) under the Securities Act of 1933 (“Securities Act”) [15 U.S.C. 77a et seq.] that includes information in response to certain form items. This collection of information relates to regulations and forms adopted under the Securities Act, and the Investment Company Act of 1940 (“Investment Company Act”) [15 U.S.C. 80a-1 et seq.] that set forth disclosure requirements for funds and other issuers. The paperwork burdens for the rules under section 8(b) of the Investment Company Act are imposed through the forms and reports that are subject to the requirements in these rules and are reflected in the PRA burdens of those documents. On October 26, 2022, the Commission adopted rule and form amendments that require open-end management investment companies (“open-end funds”) to transmit concise and visually engaging annual and semi-annual reports to shareholders that highlight key information that is particularly important for retail investors to assess and monitor their fund investments. Specifically, the final rule and form amendments require open-end funds to tag their shareholder report contents using Inline eXtensible Business Reporting Language or “Inline XBRL.” These requirements will make open-end funds’ shareholder report disclosure more readily available and easily accessible for aggregation, comparison, filtering, and other analysis.

US Code: 15 USC 80a-1 et seq. Name of Law: Investment Company Act of 1940
   US Code: 15 USC 77a et seq Name of Law: Securities Act of 1933
  
None

3235-AN30 Proposed rulemaking 88 FR 71088 10/13/2023

No

1
IC Title Form No. Form Name
Registered Investment Company Interactive Data

  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 14,792 14,702 0 90 0 0
Annual Time Burden (Hours) 324,484 323,724 0 760 0 0
Annual Cost Burden (Dollars) 16,124,450 16,041,450 0 83,000 0 0
Yes
Miscellaneous Actions
No
The annual burden hours for the collection of information for Investment Company Interactive Data is estimated to increase from 323,724 hours to 324,484 hours (an increase of 760 hours). We estimate that external costs would increase from $16,041,450 to $16,124,450 (an increase of $83,000). The changes in annual burden hours and external cost burdens are due to the proposed amendments to Form N-4 and Rule 405 of Regulation S-T that would require RILA issuers that file on Form N-4 to tag specified information using Inline XBRL.

No
    No
    No
No
No
No
No
Rachael Hoffman 202 551-2827

  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.
10/23/2023


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