Search Results for citation:"90 FR 3983"

Found 3 results

Search Results: citation:"90 FR 3983"

💰 Only
Oldest Newest
  • 2025-00680 — Proposed Collection; Comment Request; Extension: Form 40-F
    Type:Notice
    Citation:90 FR 3983
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) is seeking public comments on a proposal to extend the use of Form 40-F. This form is used by certain Canadian companies to register securities or as an annual report under U.S. securities laws. The SEC wants feedback on whether the information collection is necessary, how to improve its accuracy and utility, and suggestions to reduce the burden on companies. Comments must be submitted in writing before March 17, 2025.

    Simple Explanation

    The SEC wants to know what people think about a form that certain Canadian companies use to follow U.S. rules when they sell shares or report their yearly activities. They are asking for ideas on how to make this form better and easier, and people need to tell them by March 17, 2025.

  • 2025-00665 — Proposed Collection; Comment Request; Extension: Form 11-K
    💰
    Type:Notice
    Citation:90 FR 3983
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is requesting public comments on the continuation of its Form 11-K, used by employee stock purchase and savings plans to report financial information. This form is part of the requirements under the Securities and Exchange Act. The SEC estimates that completing each form takes about 95.81 hours, with a cost of $7,525, and receives about 941 submissions annually. Feedback is requested on the necessity and utility of the form, ways to enhance its quality, and suggestions to reduce the burden on respondents, by March 17, 2025.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants to hear people's thoughts about a form called Form 11-K, which companies use to tell about their employee stock and savings plans. They want ideas on making it easier and quicker to fill out since it currently takes a long time and costs a lot to complete.

  • 2025-00664 — Submission for OMB Review; Comment Request; Extension: Rule 606 of Regulation NMS
    💰
    Type:Notice
    Citation:90 FR 3983
    Reading Time:about 5 minutes

    The Securities and Exchange Commission (SEC) has requested approval from the Office of Management and Budget (OMB) to extend the information collection requirements under Rule 606 of Regulation NMS. Rule 606 mandates that broker-dealers disclose certain information about their order routing practices to ensure transparency, particularly regarding stocks and options. The SEC estimates that compliance with this rule involves a significant annual time burden of 183,000 hours and an annual cost burden of $1,300,000 across the industry. The public is invited to comment on this request by February 18, 2025.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants permission to keep a rule that makes stock helpers (broker-dealers) tell people where they send stocks to be bought or sold, hoping to be clear about these actions. People can share their thoughts about this by February 18, 2025.