Search Results for citation:"86 FR 9415"

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Search Results: citation:"86 FR 9415"

  • Type:Notice
    Citation:86 FR 9415
    Reading Time:about 4 minutes

    The Securities and Exchange Commission (SEC) has requested an extension for the collection of information related to Form PF from the Office of Management and Budget, as required by the Paperwork Reduction Act. Form PF is used by private fund advisers with significant assets under management to report certain information to facilitate the monitoring of systemic risk in the private fund industry. The SEC divides these advisers into two groups: Large Private Fund Advisers and smaller private fund advisers, and estimates varying annual burden hours for each group based on their size and filing history. Public comments on the information collection can be submitted within 30 days of the notice's publication.

    Simple Explanation

    The SEC wants to keep checking on big money managers to make sure they're not causing problems. They're asking for permission to keep collecting forms from these managers, and you can tell them what you think about it for the next 30 days.

  • Type:Notice
    Citation:86 FR 9415
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is asking for public comments on its existing information collection concerning Credit Risk Retention, also known as Regulation RR. This rule involves recordkeeping and disclosure requirements, which relate to the Securities Exchange Act and the Sarbanes-Oxley Act. The SEC estimates that about 1,647 companies report under this rule, with each response taking about 14.389 hours to prepare. Feedback is requested on the necessity, accuracy, and ways to improve this information collection process within 60 days of the notice's publication.

    Simple Explanation

    The SEC wants people's thoughts on some rules about how businesses should keep track of financial risks. Right now, many companies have to spend time figuring this out, and the SEC wants to know if they can make it easier.