[Federal Register Volume 87, Number 45 (Tuesday, March 8, 2022)]
[Notices]
[Pages 13035-13036]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-04882]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-330, OMB Control No. 3235-0645]


Proposed Collection; Comment Request

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

Extension:
    Interactive Data

    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.
    The ``Interactive Data'' collection of information requires issuers 
filing registration statements under the Securities Act of 1933 (15 
U.S.C. 77a et seq.) and reports under the Securities Exchange Act of 
1934 (15 U.S.C. 78a et seq.) to submit specified financial information 
to the Commission and post it on their corporate websites, if any, in 
interactive data format using eXtensible Business Reporting Language 
(XBRL). This collection of information is located primarily in 
registration statement and report exhibit provisions, which require 
interactive data, and Rule 405 of Regulation S-T (17 CFR 232.405), 
which specifies how to submit and post interactive data. The exhibit 
provisions are in Item 601(b)(101) of Regulation S-K (17 CFR 
229.601(b)(101), F-10 under the Securities Act (17 CFR 239.40) and 
Forms 20-F, 40-F and 6-K under the Exchange Act (17 CFR 249.220f, 17 
CFR 249.240f and 17 CFR 249.306).
    In interactive data format, financial statement information could 
be downloaded directly into spreedsheets and analyzed in a variety of 
ways using commercial off-the-shelf software. The specified financial 
information already is and will continue to be required to be submitted 
to the Commission in traditional format under existing requirements. 
The purpose of the interactive data requirement is to make financial 
information easier for investors to analyze and assist issuers in 
automating regulatory filings and business information processing. We 
estimate that 8,315 respondents per year will each submit an average of 
4.5 reponses per year for an estimated total of 37,418 responses. We 
further estimate an internal burden of 54.56446 hours per response for 
a total annual internal burden of 2,041,693 hours (54.56446 hours per 
response x 37,418 responses).
    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 by May 9, 2022.
    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.
    Please direct your written comment to David Bottom, 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].


[[Page 13036]]


    Dated: March 3, 2022.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2022-04882 Filed 3-7-22; 8:45 am]
BILLING CODE 8011-01-P


