OMB understands that SEC is in the process of revising its methodologies to estimate annualized costs to the Federal government for all its relevant collections of information. OMB anticipates that future extensions of this OMB control number will reflect the revised methodologies.
Supporting statement updated during OMB review.
Inventory as of this Action
Requested
Previously Approved
09/30/2028
36 Months From Approved
09/30/2025
19,419
0
22,925
2,624,187
0
3,098,084
524,837,313
0
410,257,154
Section 13(a) of the Securities Exchange Act of 1934 (âExchange Actâ) requires every issuer of a security registered pursuant to Section 12 to file periodic and current reports with the Commission. Section 15(d) of the Exchange Act requires each issuer that has filed a registration statement that has become effective under the Securities Act of 1933 to file periodic reports and documents pursuant to Section 13 of the Exchange Act.
Form 10-Q (17 CFR 249.308a) is the form used by issuers to satisfy their quarterly reporting obligations pursuant to Section 13 or 15(d) of the Exchange Act. Form 10-Q requires financial and certain other information concerning the issuer.
Form 10-Q filings include financial and other information that is intended to provide investors with information needed to make informed investment decisions and to promote confidence in the trading markets.
The decrease in burden of 473,897 hours and the increase of $114,580,159 in cost burden are due to adjustments. The decrease in the burden hours reflects a decrease in the estimated number of annual Forms 10-Q responses (from 22,925 responses to 19,419 responses).
The increase in cost burden reflects the Commissionâs increase in the cost burden per hour estimate from $400 per hour to $600 per hour for outside professionals. That increase is offset, in part, by the decrease in the estimated number of annual Form 10-Q responses.
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.
Form SEC-1296 Form 10-Q
20250806_3235-0070_2025-14851_90 FR 37904_30-Day Submission Notice.pdf.pdf
Form 10-Q