Search Results for citation:"89 FR 101082"

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Search Results: citation:"89 FR 101082"

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  • 2024-29301 — Proposed Collection; Comment Request; Extension: Rules 6a-1 and 6a-2, Form 1
    Type:Notice
    Citation:89 FR 101082
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) is inviting public comments on its information collection process under Rules 6a-1 and 6a-2 and Form 1 as required by the Paperwork Reduction Act. These rules require new national securities exchanges to submit applications and updates to ensure compliance with the Securities Exchange Act. The SEC estimates a total annual burden of approximately 8,030 hours on these exchanges for their filings. Public comments on this matter are requested by February 11, 2025, and should focus on the necessity, accuracy, and efficiency of this information collection.

    Simple Explanation

    The SEC wants to check if new stock exchanges are following the rules by filling out certain forms, and they’re asking people to say if this is a good idea or if it needs any changes. They think it takes a lot of time to fill out these forms, and they want to hear what people think by February 11, 2025.

  • 2024-29304 — Submission for OMB Review; Comment Request; Extension: Form ADV-E
    Type:Notice
    Citation:89 FR 101082
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is seeking an extension for collecting information using Form ADV-E under the Paperwork Reduction Act. Form ADV-E is required when a public accountant files certificates of accounting due to changes in their engagement status under investment adviser rules. The SEC estimates that around 1,998 filings related to surprise examinations and terminations will be submitted, totaling an estimated annual burden of 99.90 hours. The public can review the information request and comment on it from December 16, 2024, to January 13, 2025.

    Simple Explanation

    The government wants more time to check papers that accountants fill out when they change jobs, and they guess it will only take a tiny bit of time from each person to do this. But, people are worried that they don't know why it's important, and there's not much time to tell the government what they think about it. Plus, people might not want to be honest because their answers won't be kept secret.