Rule 482 under the Securities Act of 1933 Advertising by an Investment Company as Satisfying Requirements of Section 10

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
2025 04 08_90 FR 15178_3235-0565_30-Day Submission Notice.pdf.pdf	Supplementary Document	Uploaded 2025-04-08	Repair queued
2025 04 08_90 FR 15178_3235-0565_30-Day Submission Notice.pdf.pdf	Supplementary Document	Uploaded 2025-04-08	Repair queued
Supporting Statement - Rule 482.pdf	Supporting Statement A	Uploaded 2025-03-20	Available
Supporting Statement - Rule 482.pdf	Supporting Statement A	Uploaded 2025-03-20	Repair queued
2025 01 22_90 FR 7718_3235-0565_60-Day Collection Notice.pdf	Supplementary Document	Uploaded 2025-01-22	Repair queued
2025 01 22_90 FR 7718_3235-0565_60-Day Collection Notice.pdf	Supplementary Document	Uploaded 2025-01-22	Repair queued

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
35403	Rule 482 under the Securities Act of 1933 Advertising by an Investment Company as Satisfying Requirements of Section 10		Modified

ICR Details

OMB Control No: 3235-0565	ICR Reference No: 202412-3235-007
Status: Active	Previous ICR Reference No: 202304-3235-015
Agency/Subagency: SEC	Agency Tracking No: IM
Title: Rule 482 under the Securities Act of 1933 Advertising by an Investment Company as Satisfying Requirements of Section 10
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 05/21/2025
Retrieve Notice of Action (NOA)	Date Received in OIRA: 04/08/2025
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	05/31/2028	36 Months From Approved	08/31/2026
Responses	41,953	0	41,953
Time Burden (Hours)	577,896	0	577,847
Cost Burden (Dollars)	0	0	0

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Abstract: Rule 482 applies to an advertisement or other sales material (advertisement) with respect to securities of an investment company registered under the Investment Company Act of 1940 or a business development company, that is selling or proposing to sell its securities pursuant to a registration statement that has been filed under the Securities Act of 1933 (the "Act"). Rule 482 does not apply to an advertisement that is excepted from the definition of prospectus by section 2(a)(10) of the Act or to a summary prospectus under rules 498 and 498A pursuant to the Act. An advertisement that complies with rule 482, which may include information the substance of which is not included in the prospectus specified in section 10(a) of the Act, will be deemed to be a prospectus under section 10(b) of the Act for the purposes of section 5(b)(1) of the Act.

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Authorizing Statute(s): US Code: 15 USC 77a Name of Law: Securities Act of 1933
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 7718	01/22/2025
30-day Notice:	Federal Register Citation:	Citation Date:
	90 FR 15178	04/08/2025
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Rule 482 under the Securities Act of 1933 Advertising by an Investment Company as Satisfying Requirements of Section 10

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ICR Summary of Burden

table that charts list of burden

	Total Approved	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	41,953	41,953	0	0	0	0
Annual Time Burden (Hours)	577,896	577,847	0	0	49	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: On November 7, 2024, the Commission adopted amendments to rule 482 to conform the risk statements that money market funds must include in their advertisements and sales literature to the risk statements that money market funds must include in their prospectuses. The final amendments to rule 482 under the Securities Act of 1933 will increase the total annual hour burden from 577,847 hours to 577,896 hours (an increase of 49 hours). This reflects a slight increase of hours associated with the one-time updates to the wording of the risk statements already required under current rule 482(b)(4) for certain registrants. There is no annual external cost burden attributed to rule 482.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 04/08/2025

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