
[Federal Register Volume 88, Number 221 (Friday, November 17, 2023)]
[Notices]
[Pages 80371-80372]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-25477]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-267, OMB Control No. 3235-0272]


Proposed Collection; Comment Request; Extension: Rule 11a-2

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of FOIA Services,

[[Page 80372]]

100 F Street NE, Washington, DC 20549-2736.

    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.
    Rule 11a-2 (17 CFR 270.11a-2) under the Investment Company Act of 
1940 (15 U.S.C. 80a-1 et seq.) permits certain registered insurance 
company separate accounts, subject to certain conditions, to make 
exchange offers without prior approval by the Commission of the terms 
of those offers. Rule 11a-2 requires disclosure, in certain 
registration statements filed pursuant to the Securities Act of 1933 
(15 U.S.C. 77a et seq.) of any administrative fee or sales load imposed 
in connection with an exchange offer.
    The Commission staff estimates that 657 registrants are governed by 
Rule 11a-2. Based on this estimate, the total annual burden hours 
associated with the rule is estimated to be 657 hours. The estimated 
burden hours associated with rule 11a-2 has decreased by 19 hours from 
the current allocation of 676 hours. The decrease is due to a decrease 
in the number of registrants. The estimated external cost associated 
with this collection of information continues to be $0. The Commission 
includes the estimated burden of complying with the information 
collection required by Rule 11a-2 in the total number of burden hours 
estimated for completing the relevant registration statements and 
reports the burden of Rule 11a-2 in the separate Paperwork Reduction 
Act (``PRA'') submissions for those registration statements (see the 
separate PRA submissions for Form N-3 (17 CFR 274.11b), Form N-4 (17 
CFR 274.11c) and Form N-6 (17 CFR 274.11d). The Commission is 
requesting a burden of one hour for Rule 11a-2 for administrative 
purposes.
    The estimate of average burden hours is made solely for the 
purposes of the PRA and is not derived from a comprehensive or even a 
representative survey or study of the costs of Commission rules or 
forms. The information collection requirements imposed by Rule 11a-2 
are mandatory. Responses to the collection of information will not be 
kept confidential.
    Written comments are invited on: (a) whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the Commission, including whether the information 
shall have practical utility; (b) the accuracy of the Commission'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 by January 16, 2024.
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information under the PRA unless it 
displays a currently valid OMB control number.
    Please direct your written comments to: David Bottom, Acting 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o John Pezzullo, 100 F Street NE, Washington, DC 20549 or send an 
email to: [email protected].

    Dated: November 14, 2023.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-25477 Filed 11-16-23; 8:45 am]
BILLING CODE 8011-01-P


