
[Federal Register: April 22, 2010 (Volume 75, Number 77)]
[Notices]               
[Page 21048]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr22ap10-118]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Investor Education and Advocacy, Washington, DC 
20549-0213.

Extension:
    Securities Act Rule 477, OMB Control No. 3235-0550, SEC File No. 
270-493.

    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 (``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.
    Rule 477 (17 CFR 230.477) under the Securities Act of 1933 (15 
U.S.C. 77a et seq.) sets forth procedures for withdrawing a 
registration statement, an amendment to a registration statement, or 
any exhibits thereto. The rule provides that if a registrant intends to 
rely on the registered-to-private safe harbor contained in Securities 
Act Rule 155, the registrant must affirmatively state in the withdrawal 
application that it plans to undertake a subsequent private offering of 
its securities. Without this statement, the Commission would not be 
able to monitor a company's reliance on, and compliance with, 
Securities Act Rule 155(c). The likely respondents will be companies. 
We estimate that approximately 300 issuers will file Securities Act 
Rule 477 submissions annually at an estimated one-hour per response for 
a total annual burden of approximately 300 hours. We estimate that 100% 
of the reporting burden is prepared by the issuer.
    Written comments are invited on: (a) Whether this 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 imposed by 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 Charles Boucher, Director/
CIO, Securities and Exchange Commission, C/O Shirley Martinson, 6432 
General Green Way, Alexandria, VA 22312; or send an e-mail to: PRA_
Mailbox@sec.gov.

    Dated: April 16, 2010.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. 2010-9269 Filed 4-21-10; 8:45 am]
BILLING CODE 8011-01-P

