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The Securities and Exchange Commission (SEC) is requesting the Office of Management and Budget (OMB) to extend its approval for the collection of information through Form 11-K. This form is used by employee stock purchase and savings plans to meet reporting requirements under the Securities and Exchange Act. It provides financial information to help employees assess their investment plans. The SEC estimates that there are about 941 filings annually, each taking 95.81 internal burden hours and costing approximately $7,525. The public can view and comment on this request for extension until April 21, 2025.

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.