

[Federal Register: April 6, 2007 (Volume 72, Number 66)]
[Notices]               
[Page 17205-17206]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr06ap07-89]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon written request, copies available from: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extension: Form N-CSR; SEC File No. 270-512; OMB Control No. 3235-
0570.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (the ``Commission'') is soliciting comments on the 
collection of information summarized below. The Commission plans to 
submit this existing collection of information to the Office of 
Management and Budget for extension and approval.
    The title for the collection of information is ``Form N-CSR (17 CFR 
249.331 and 17 CFR 274.128) under the Securities Exchange Act of 1934 
(15 U.S.C. 78a et seq.) (``Securities Exchange Act''), and under the 
Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) (``Investment 
Company Act''), Certified Shareholder Report of Registered Management 
Investment Companies.'' Form N-CSR is a combined reporting form used by 
management investment companies to file certified shareholder reports 
under the Investment Company Act and under the Securities Exchange Act. 
Form N-CSR is to be used for reports under section 30(b)(2) of the 
Investment Company Act and section 13(a) or 15(d) of the Securities 
Exchange Act, filed pursuant to rule 30b2-1(a) under the Investment 
Company Act (17 CFR 270.30b2-1(a)). Form N-CSR reports are to be filed 
with the Commission not later than 10 days after the transmission to 
stockholders of any report that is required to be transmitted to 
stockholders under rule 30e-1 under the Investment Company Act (17 CFR 
270.30e-1). The information provided on Form N-CSR may be used by the 
Commission in its regulatory, disclosure review, inspection, and 
policymaking roles. The information filed with the Commission also 
permits the verification of compliance with securities law requirements 
and assures the public availability and dissemination of the 
information.
    The Commission estimates that there are 7,300 reports filed on Form 
N-CSR annually and that the average number of portfolios referenced in 
each filing is 2.5. The Commission further estimates that the hour 
burden for preparing and filing a report on Form N-CSR is 7.57 hours 
per portfolio. Given that filings on Form N-CSR are filed semi-
annually, filings on Form N-CSR require 15.14 hours per portfolio each 
year. The total annual hour burden for Form N-CSR, therefore, is 
estimated to be 138,153 hours.
    The information collection requirements imposed by Form N-CSR are 
mandatory. Responses to the collection of information will not be kept 
confidential. An agency may not conduct or sponsor, and a person is not 
required to respond to a collection of information unless it displays a 
currently valid control number.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information collected; and (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication.
    Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Securities and Exchange Commission, c/o 
Shirley Martinson, 6432 General Green Way,

[[Page 17206]]

Alexandria, Virginia 22312 or send an e-mail to: PRA_Mailbox@sec.gov.

    Dated: March 28, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E7-6491 Filed 4-5-07; 8:45 am]

BILLING CODE 8010-01-P
