Federal Register #2026-08157

SEC Request for Public Comment on Extension of Information Collection: Rule 147A(f)(1)(iii) Purchaser Residency

This notice from the Securities and Exchange Commission (SEC) concerns the extension of an information collection requirement related to Rule 147A(f)(1)(iii) for intrastate securities offerings. - Government Buyer: - Securities and Exchange Commission (SEC) - Address: 100 F Street NE, Washington, DC 20549 - Products/Services Requested: - No products or services are being procured - The notice pertains to written representations as to purchaser residency required from issuers under Rule 147A(f)(1)(iii) - Approximately 700 respondents annually - Estimated reporting burden: 2.75 hours and $150 per response - OEMs and Vendors: - No OEMs or vendors are mentioned - Unique or Notable Requirements: - The SEC is soliciting public comments on the necessity, accuracy, and burden of this information collection - The goal is to improve the quality and efficiency of the collection process - No procurement or contract award is associated with this notice

Description

This notice pertains to the extension of a currently approved collection of information related to Rule 147A(f)(1)(iii), which involves written representations as to purchaser residency. The purpose is to solicit comments from the public and other stakeholders on the collection of information. Rule 147A provides an exemption from registration for certain intrastate securities offerings and requires issuers to obtain written representations from purchasers regarding their residence. Approximately 700 respondents provide this information annually, with an estimated burden of 2.75 hours and $150 per response.

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