The Securities and Exchange Commission (SEC) is seeking approval from the Office of Management and Budget (OMB) to extend the use of Form SE. This form is used when electronic filers need to submit paper documents due to certain exemptions. The SEC estimates that about 2.7 responses are filed annually, each taking approximately 0.10 hours, totaling an estimated annual burden of 1 hour. They invite public comments on the necessity, accuracy, quality, and ways to reduce the burden of this information collection by April 7, 2025.
Simple Explanation
The SEC wants permission to keep using a special form called Form SE that people need when they can't send documents online and have to mail them as paper instead. They are asking for thoughts on this process, wanting to know if it's helpful or if there's a better way to do it.