
[Federal Register Volume 81, Number 182 (Tuesday, September 20, 2016)]
[Notices]
[Page 64574]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-22543]



[[Page 64574]]

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SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

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

Extension:
    Rule 155; SEC File No. 270-492; OMB Control No. 3235-0549.
    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'') has submitted to the Office of 
Management and Budget this request for extension of the previously 
approved collection of information discussed below.
    Rule 155 (17 CFR 230.155) under the Securities Act of 1933 (15 
U.S.C. 77a et seq.) provides safe harbors for a registered offering 
of securities following an abandoned private offering, or a private 
offering following an abandoned a registered offering, without 
integrating the registered and private offerings in either case. In 
connection with registered offering following an abandoned private 
offering, Rule 155 requires an issuer to include in any prospectus 
filed as a part of a registration statement disclosure regarding the 
abandoned private offering. Similarly, the rule requires an issuer 
to provide each offeree in a private offering following an abandoned 
registered offering with: (1) Information concerning the withdrawal 
of the registration statement; (2) the fact that the private 
offering is unregistered; and (3) the legal implications of the 
offering's unregistered status. All information submitted to the 
Commission is available to the public for review. Companies only 
need to satisfy the Rule 155 information requirements if they wish 
to take advantage of the rule's safe harbors. The Rule 155 
information is required only on occasion. We estimate Rule 155 takes 
approximately 4 hours per response to prepare and is filed by 600 
respondents annually. We estimate that 50% of the 4 hours per 
response (2 hours per response) is prepared by the filer for a total 
annual reporting burden of 1,200 hours (2 hours per response x 600 
responses).
    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.
    The public may view the background documentation for this 
information collection at the following Web site, www.reginfo.gov . 
Comments should be directed to: (i) Desk Officer for the Securities 
and Exchange Commission, Office of Information and Regulatory 
Affairs, Office of Management and Budget, Room 10102, New Executive 
Office Building, Washington, DC 20503, or by sending an email to: 
Shagufta_Ahmed@omb.eop.gov; and (ii) 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. Comments must be submitted to OMB 
within 30 days of this notice.


    Dated: September 14, 2016.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-22543 Filed 9-19-16; 8:45 am]
 BILLING CODE 8011-01-P


