
[Federal Register Volume 80, Number 149 (Tuesday, August 4, 2015)]
[Notices]
[Pages 46368-46369]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-18887]


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SECURITIES AND EXCHANGE COMMISSION


Proposed Collection; Comment Request

Upon Written Request, Copy Available From: Securities and Exchange 
Commission, Office of FOIA Services, 100 F Street NE., Washington, DC 
20549-2736.

Extension:
    Form N-8A. SEC File No. 270-135, OMB Control No. 3235-0175.

    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 (``OMB'') for extension and approval.
    The Investment Company Act of 1940 (``Investment Company Act'') (15 
U.S.C. 80a-1 et seq.) requires investment companies to register with 
the Commission before they conduct any business in interstate commerce. 
Section 8(a) of the Investment Company Act provides that an investment 
company shall be deemed to be registered upon receipt by the Commission 
of a notification of

[[Page 46369]]

registration in such form as the Commission prescribes. Form N-8A (17 
CFR 274.10) is the form for notification of registration that the 
Commission has adopted under section 8(a). The purpose of such 
notification of registration provided on Form N-8A is to notify the 
Commission of the existence of investment companies required to be 
registered under the Investment Company Act and to enable the 
Commission to administer the provisions of the Investment Company Act 
with respect to those companies. After an investment company has filed 
its notification of registration under section 8(a), the company is 
then subject to the provisions of the Investment Company Act which 
govern certain aspects of its organization and activities, such as the 
composition of its board of directors and the issuance of senior 
securities. Form N-8A requires an investment company to provide its 
name, state of organization, form of organization, classification, the 
name and address of each investment adviser of the investment company, 
the current value of its total assets, and certain other information 
readily available to the investment company. If the investment company 
is filing a registration statement as required by Section 8(b) of the 
Investment Company Act concurrently with its notification of 
registration, Form N-8A requires only that the registrant file the 
cover page (giving its name, address, and agent for service of process) 
and sign the form in order to effect registration.
    Based on recent filings of notifications of registration on Form N-
8A, we estimate that about 92 investment companies file such 
notifications each year. An investment company must only file a 
notification of registration on Form N-8A once. The currently approved 
average hour burden per investment company of preparing and filing a 
notification of registration on Form N-8A is one hour. Based on the 
Commission staff's experience with the requirements of Form N-8A and 
with disclosure documents generally--and considering that investment 
companies that are filing notifications of registration on Form N-8A 
simultaneously with the registration statement under the Investment 
Company Act are only required by Form N-8A to file a signed cover 
page--we continue to believe that this estimate is appropriate. 
Therefore, we estimate that the total annual hour burden to prepare and 
file notifications of registration on Form N-8A is 92 hours. The 
currently approved cost burden of Form N-8A is $443 per filing. We are 
updating the estimated cost burden to $449 to account for the effects 
of inflation. Therefore, we estimate that the total annual cost burden 
to associated with preparing and filing notifications of registration 
on Form N-8A is about $41,308.
    Estimates of average burden hours and costs are made solely for the 
purposes of the Paperwork Reduction Act, and are not derived from a 
comprehensive or even representative survey or study of the costs of 
Commission rules and forms. Compliance with the collection of 
information requirements of Form N-8A is 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 OMB 
control number.
    Written comments are invited on: (a) Whether the collection of 
information is necessary for the proper performance of the functions of 
the Commission, including whether the information has 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 in writing within 60 days of this 
publication.
    Please direct your written comments to Pamela Dyson, Director/Chief 
Information Officer, Securities and Exchange Commission, C/O Remi 
Pavlik-Simon, 100 F Street NE., Washington, DC 20549; or send an email 
to: PRA_Mailbox@sec.gov.

    Dated: July 28, 2015.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2015-18887 Filed 8-3-15; 8:45 am]
BILLING CODE 8011-01-P


