[Federal Register Volume 85, Number 141 (Wednesday, July 22, 2020)]
[Notices]
[Pages 44337-44338]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15796]


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

Extension: Rule 0-2, Form ADV-NR SEC File No. 270-214, OMB Control 
No. 3235-0240

    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 a request for extension of the previously approved 
collection of information discussed below.
    The title for the collection of information is ``Rule 0-2 and Form 
ADV-NR under the Investment Advisers Act of 1940.'' Rule 0-2 and Form 
ADV-NR facilitate service of process on a non-resident investment 
adviser, or on a non-resident general partner or non-resident managing 
agent of an investment adviser. Form ADV-NR designates the Secretary of 
the Commission, among others, as the non-resident general partner's or 
non-resident managing agent's agent for service of process. The 
collection of information is necessary for us to obtain appropriate 
consent to permit the Commission and other parties to bring actions 
against non-resident partners and agents for violations of the federal 
securities laws and to enable the commencement of legal and/or 
regulatory actions against investment advisers that are doing business 
in the United States, but are not residents. The respondents to this 
information collection would be each non-resident general partner or 
non-resident managing agent of an SEC-registered investment adviser and 
each non-resident general partner or non-resident managing agent of an 
exempt reporting adviser. The Commission has estimated that compliance 
with the requirement to complete Form ADV-NR imposes a total burden of 
approximately 1.0 hour for an adviser. Based on our experience with 
these filings, we estimate that we will receive 53 Form ADV-NR filings 
annually. Based on the 1.0 hour per respondent estimate, the Commission 
staff estimates a total annual burden of 53 hours for this collection 
of information.
    Rule 0-2 and Form ADV-NR do not require recordkeeping or records 
retention. The collection of information requirements under the rule 
and form is mandatory. The information collected pursuant to Rule 0-2 
and Form ADV-NR is a filing with the Commission. This filing is not 
kept confidential and must be preserved until at least three years 
after termination of the enterprise. 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,

[[Page 44338]]

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.

    Dated: July 16, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-15796 Filed 7-21-20; 8:45 am]
BILLING CODE 8011-01-P


