Type:Notice
Citation:90 FR 11770
Reading Time:about a minute or two
The Securities and Exchange Commission (SEC) is seeking public comments on its plan to extend the information collection for Form T-2. This form is used to ensure individuals are eligible to act as trustees under the Trust Indenture Act of 1939. The SEC estimates that filling out Form T-2 requires about 9 hours, with 25% of this time spent internally by the filer. Comments on the necessity, accuracy, quality, and burden of this information collection are requested by May 12, 2025.
Simple Explanation
The Securities and Exchange Commission (SEC) wants to know what people think about a form they use to check if someone can be a special helper in certain financial situations. They're asking if the form is useful and how hard it is to fill out by May 12, 2025.