[Federal Register Volume 85, Number 111 (Tuesday, June 9, 2020)]
[Notices]
[Pages 35340-35341]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12398]


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SECURITIES AND EXCHANGE COMMISSION

SEC File No. 270-598, OMB Control No. 3235-0655


Submission for OMB Review; 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:
    Regulation 14N and Schedule 14N

    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.
    Schedule 14N (17 CFR 240.14n-101) requires the filing of certain 
information with the Commission by shareholders who submit a nominee or 
nominees for director pursuant to applicable state law, or a company's 
governing documents. Schedule 14N provides notice to the company of the 
shareholder's or shareholder group's intent to have the company include 
the shareholder's or shareholder group's nominee or nominees for 
director in the company's proxy materials. This information is intended 
to assist shareholders in making an informed voting decision with 
regards to any nominee or nominees put forth by a nominating 
shareholder or group, by allowing shareholders to gauge the nominating 
shareholder's interest in the company, longevity of ownership, and 
intent with regard to continued ownership in the company. We estimate 
that Schedule 14N takes approximately 40 hours per response and will be 
filed by approximately 10 issuers annually. In addition, we estimate 
that 75% of the 40 hours per response (30 hours per response) is 
prepared by the issuer for an annual reporting burden of 300 hours (30 
hours per response x 10 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 background documentation for this information 
collection at the following website: www.reginfo.gov. Find this 
particular information collection by selecting ``Currently under 30-day 
Review--Open for Public Comments'' or by using the search function. 
Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to (i) www.reginfo.gov/public/do/PRAMain and (ii) David Bottom, 
Director/Chief Information Officer, Securities and Exchange Commission, 
c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or by 
sending an email to: PRA_Mailbox@sec.gov.


[[Page 35341]]


    Dated: June 3, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-12398 Filed 6-8-20; 8:45 am]
BILLING CODE 8011-01-P


