[Federal Register Volume 87, Number 191 (Tuesday, October 4, 2022)]
[Notices]
[Page 60232]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-21446]


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SECURITIES AND EXCHANGE COMMISSION

[SEC File No. 270-057, OMB Control No. 3235-0057]


Proposed Collection; Comment Request; Extension: Regulation 14C 
(Commission Rules 14c-1 Through 14c-7 and Schedule 14C)

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

    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.
    Section 14(c) of the Securities Exchange Act of 1934 (the 
``Exchange Act'') operates to require issuers that do not solicit 
proxies or consents from any or all of the holders of record of a class 
of securities registered under Section 12 of the Exchange Act and in 
accordance with the rules and regulations prescribed under Section 
14(a) in connection with a meeting of security holders (including 
action by consent) to distribute to any holders that were not solicited 
an information statement substantially equivalent to the information 
that would be required to be transmitted if a proxy or consent 
solicitation were made. Regulation 14C (Exchange Act Rules 14c-1 
through 14c-7 and Schedule 14C) (17 CFR 240.14c-1 through 240.14c-7 and 
240.14c-101) sets forth the requirements for the dissemination, content 
and filing of the information statement. We estimate that Schedule 14C 
takes approximately 129.1575 hours per response and will be filed by 
approximately 569 issuers annually. In addition, we estimate that 75% 
of the 129.1575 hours per response (96.8681 hours) is prepared by the 
issuer for an annual reporting burden of 55,118 hours (96.8681 hours 
per response x 569 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 December 5, 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].

    Dated: September 28, 2022
J. Matthew DeLesDernier,
Deputy Secretary.
[FR Doc. 2022-21446 Filed 10-3-22; 8:45 am]
BILLING CODE 8011-01-P


