[Federal Register Volume 85, Number 141 (Wednesday, July 22, 2020)]
[Notices]
[Page 44349]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-15799]
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SECURITIES AND EXCHANGE COMMISSION
Submission for OMB Review; Comment Request
Upon Written Request, Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Extension: Rule 22d-1 SEC File No. 270-275, OMB Control No. 3235-
0310
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (``Paperwork Reduction Act'') (44 U.S.C. 3501-3520), the
Securities and Exchange Commission (the ``Commission'') has submitted
to the Office of Management and Budget (``OMB'') a request for
extension of the previously approved collection of information
discussed below.
Rule 22d-1 under the Investment Company Act of 1940 (the ``1940
Act'') (17 CFR 270.22d-1) provides registered investment companies that
issue redeemable securities (``funds'') an exemption from section 22(d)
of the 1940 Act (15 U.S.C. 80a-22(d)) to the extent necessary to permit
scheduled variations in or elimination of the sales load on fund
securities for particular classes of investors or transactions,
provided certain conditions are met. The rule imposes an annual burden
per series of a fund of approximately 15 minutes, so that the total
annual burden for the approximately 4,098 series of funds that might
rely on the rule is estimated to be 1024.5 hours.
The estimate of average burden hours is made solely for the
purposes of the Paperwork Reduction Act. The estimate is based on
communications with industry representatives, and is not derived from a
comprehensive or even a representative survey or study. Responses will
not be kept confidential. An agency may not conduct or sponsor, and a
person is not required to respond to, a collection of information
unless it displays a currently valid OMB control number.
The public may view background documentation for this information
collection at the following website: www.reginfo.gov. Find this
particular information collection by selecting ``Currently under 30-day
Review--Open for Public Comments'' or by using the search function.
Written comments and recommendations for the proposed information
collection should be sent within 30 days of publication of this notice
to (i) www.reginfo.gov/public/do/PRAMain and (ii) David Bottom,
Director/Chief Information Officer, Securities and Exchange Commission,
c/o Cynthia Roscoe, 100 F Street NE, Washington, DC 20549, or by
sending an email to: [email protected].
Dated: July 16, 2020.
J. Matthew DeLesDernier,
Assistant Secretary.
[FR Doc. 2020-15799 Filed 7-21-20; 8:45 am]
BILLING CODE 8011-01-P