Search Results for keywords:"annual burden"

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Search Results: keywords:"annual burden"

  • Type:Notice
    Citation:90 FR 11578
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) has asked the Office of Management and Budget (OMB) to extend approval for a form known as Form TH. This form is used when electronic filers encounter unexpected technical problems and need to file documents on paper instead of electronically. The SEC estimates a minimal use of the form, with the possibility of one or more filings each year. Public comments are invited on various aspects of this information collection request, and details for submitting comments are provided.

    Simple Explanation

    The SEC wants to keep using a special form called Form TH, just in case people have computer problems and need to mail their documents instead. They think almost no one uses it each year, but they want to be ready, so they're asking for ideas from people about whether it's really needed.

  • Type:Notice
    Citation:89 FR 101664
    Reading Time:about 6 minutes

    The Securities and Exchange Commission (SEC) is seeking public comments on their information collection process under Rule 17f-4, which deals with investment companies using securities depositories. They estimate that 639 entities, including funds and custodians, must follow these rules, involving a total annual burden of 3,148 hours for reporting and compliance. The SEC wants feedback on whether the information collected is useful and how to reduce its burden, and the deadline for comments is February 14, 2025. Written comments can be sent to the SEC's designated contact.

    Simple Explanation

    The SEC wants to hear what people think about a rule that tells certain money managers how they should store their securities safely. They are asking if the information they collect is helpful or if there's a way to make things easier and need all ideas by February 14, 2025.

  • Type:Notice
    Citation:86 FR 7158
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) has requested approval from the Office of Management and Budget to extend the existing information collection under Rule 12d2-2 and Form 25. This rule and form handle the procedures and conditions under which a security can be delisted from an exchange. The SEC estimates a total annual burden of 940 hours for the exchanges and issuers that need to comply with this rule. This collection is mandatory, with public access to responses, and allows for public comments by visiting a designated website or contacting the SEC directly.

    Simple Explanation

    The Securities and Exchange Commission (SEC) wants to keep checking how companies say goodbye to a group they belong to on the stock market; they think they need about 940 hours of work each year to do this. They’re asking people to say what they think about these rules, so everyone can share ideas and concerns.

  • Type:Notice
    Citation:90 FR 123
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is seeking comments on the continued collection of information through Form TH. This form is used by companies to notify the SEC when they're experiencing technical difficulties that prevent them from filing documents electronically. Even though no companies have submitted Form TH recently, the SEC is estimating a minimal annual burden, just in case. They invite written comments on improving the form's effectiveness and reducing the filing burden within 60 days following the publication date.

    Simple Explanation

    The SEC wants to hear people's ideas about how to make a form better for companies who have trouble sending their papers online. Right now, nobody uses the form, but just in case, they think it might take an hour a year to handle it.

  • Type:Notice
    Citation:90 FR 11355
    Reading Time:about a minute or two

    The Department of the Treasury is requesting comments on its plan to collect data from property and casualty insurers as part of the Terrorism Risk Insurance Program. This data collection aims to support analyses required by the Terrorism Risk Insurance Act of 2002, which ensures the availability and affordability of terrorism risk insurance. The public can submit comments by April 4, 2025, and more information can be accessed through specific contacts and links provided in the notice. The collection involves various forms for different types of insurers and has an estimated annual burden of 51,070 hours across 1,015 respondents.

    Simple Explanation

    The Department of the Treasury wants to know what people think about their plan to ask insurance companies questions about how they cover bad events like terrorism. They need this information to make sure everyone can still get and afford this kind of insurance.

  • Type:Notice
    Citation:89 FR 104613
    Reading Time:about a minute or two

    The Veterans Benefits Administration (VBA), Department of Veterans Affairs has announced a notice for collecting background information from potential employees or volunteers. This information, gathered using VA Form 20-10276a, is needed to determine eligibility for employment and access to VBA systems. The Office of Management and Budget (OMB) will review this information collection. The public can comment on the information collection until 30 days after the notice's publication, and it is estimated to take 10 minutes per respondent with an annual burden of 2,167 hours for 10,000 respondents.

    Simple Explanation

    The Veterans Benefits Administration wants to check the backgrounds of people who might work or volunteer with them to make sure they're a good fit. They ask people to fill out a form, which takes about 10 minutes, and when lots of people do this, it adds up to a lot of time.

  • 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.

  • Type:Notice
    Citation:89 FR 104252
    Reading Time:about 3 minutes

    The Securities and Exchange Commission (SEC) is seeking approval from the Office of Management and Budget (OMB) to extend the collection of information required under Rule 15c3-4. This rule demands that certain broker-dealers and security-based swap dealers create and maintain a system of internal risk management controls. It is estimated that currently 17 firms must comply with this rule, with an additional 6 firms expected to join in the next three years, resulting in an annual burden of approximately 8,600 hours. The SEC is also inviting public comments on this information collection until January 21, 2025.

    Simple Explanation

    The SEC wants approval to keep a rule that makes certain companies who trade stocks and swaps create special plans to handle risks. Right now, 17 companies need to do this, and more will join, taking lots of time to do each year.