Federal Register: April 6, 2007 (Volume 72, Number 66)
DOCID: fr06ap07-89 FR Doc E7-6491
SECURITIES AND EXCHANGE COMMISSION
Securities and Exchange Commission
NOTICE: NOTICES
DOCID: fr06ap07-89
SUBJECT CATEGORY:
Proposed Collection; Comment Request
DOCUMENT SUMMARY:
Upon written request, copies available from: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC 20549.
Extension: Form NCSR; SEC File No. 270512; OMB Control No. 3235 0570.
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 (the ``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 title for the collection of information is ``Form NCSR (17 CFR 249.331 and 17 CFR 274.128) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Securities Exchange Act''), and under the Investment Company Act of 1940 (15 U.S.C. 80a1 et seq.) (``Investment Company Act''), Certified Shareholder Report of Registered Management Investment Companies.'' Form NCSR is a combined reporting form used by management investment companies to file certified shareholder reports under the Investment Company Act and under the Securities Exchange Act. Form NCSR is to be used for reports under section 30(b)(2) of the Investment Company Act and section 13(a) or 15(d) of the Securities Exchange Act, filed pursuant to rule 30b21(a) under the Investment Company Act (17 CFR 270.30b21(a)). Form NCSR reports are to be filed with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under rule 30e1 under the Investment Company Act (17 CFR 270.30e1). The information provided on Form NCSR may be used by the Commission in its regulatory, disclosure review, inspection, and policymaking roles. The information filed with the Commission also permits the verification of compliance with securities law requirements and assures the public availability and dissemination of the information.
The Commission estimates that there are 7,300 reports filed on Form NCSR annually and that the average number of portfolios referenced in each filing is 2.5. The Commission further estimates that the hour burden for preparing and filing a report on Form NCSR is 7.57 hours per portfolio. Given that filings on Form NCSR are filed semi annually, filings on Form NCSR require 15.14 hours per portfolio each year. The total annual hour burden for Form NCSR, therefore, is estimated to be 138,153 hours.
The information collection requirements imposed by Form NCSR are mandatory. Responses to the collection of information will not be kept confidential. 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.
Written comments are invited on: (a) Whether the 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 of 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.
Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way,
[[Page 17206]]
Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov.
Dated: March 28, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E76491 Filed 4507; 8:45 am]
BILLING CODE 801001P
SUMMARY:
Agency information collection activities; proposals, submissions, and approvals,
DOCUMENT BODY 2:
Upon written request, copies available from: Securities and Exchange
Commission, Office of Filings and Information Services, Washington, DC 20549.
Extension: Form NCSR; SEC File No. 270512; OMB Control No. 3235 0570.
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 (the ``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 title for the collection of information is ``Form NCSR (17 CFR 249.331 and 17 CFR 274.128) under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (``Securities Exchange Act''), and under the Investment Company Act of 1940 (15 U.S.C. 80a1 et seq.) (``Investment Company Act''), Certified Shareholder Report of Registered Management Investment Companies.'' Form NCSR is a combined reporting form used by management investment companies to file certified shareholder reports under the Investment Company Act and under the Securities Exchange Act. Form NCSR is to be used for reports under section 30(b)(2) of the Investment Company Act and section 13(a) or 15(d) of the Securities Exchange Act, filed pursuant to rule 30b21(a) under the Investment Company Act (17 CFR 270.30b21(a)). Form NCSR reports are to be filed with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under rule 30e1 under the Investment Company Act (17 CFR 270.30e1). The information provided on Form NCSR may be used by the Commission in its regulatory, disclosure review, inspection, and policymaking roles. The information filed with the Commission also permits the verification of compliance with securities law requirements and assures the public availability and dissemination of the information.
The Commission estimates that there are 7,300 reports filed on Form NCSR annually and that the average number of portfolios referenced in each filing is 2.5. The Commission further estimates that the hour burden for preparing and filing a report on Form NCSR is 7.57 hours per portfolio. Given that filings on Form NCSR are filed semi annually, filings on Form NCSR require 15.14 hours per portfolio each year. The total annual hour burden for Form NCSR, therefore, is estimated to be 138,153 hours.
The information collection requirements imposed by Form NCSR are mandatory. Responses to the collection of information will not be kept confidential. 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.
Written comments are invited on: (a) Whether the 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 of 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.
Please direct your written comments to R. Corey Booth, Director/
Chief Information Officer, Securities and Exchange Commission, c/o Shirley Martinson, 6432 General Green Way,
[[Page 17206]]
Alexandria, Virginia 22312 or send an email to: PRA_Mailbox@sec.gov.
Dated: March 28, 2007.
Florence E. Harmon,
Deputy Secretary.
[FR Doc. E76491 Filed 4507; 8:45 am]
BILLING CODE 801001P