Federal Register #OMB Control No. 3235-0548

SEC Notice: Public Comment on Rule 35d-1 Information Collection Extension

This notice from the Securities and Exchange Commission (SEC) concerns a regulatory information collection, not a procurement opportunity. - Government Buyer: - Securities and Exchange Commission (SEC) - No OEMs, vendors, or commercial products/services are mentioned - Subject: Extension of information collection under Rule 35d-1 of the Investment Company Act of 1940 - Requires certain registered investment companies to: - Adopt an 80% investment policy - Notify shareholders of changes in investment policy - Maintain written records of compliance - Estimated annual burden hours and external costs (legal and programming services) are provided - No procurement, contract, or acquisition activity is involved - Notice is published in the Federal Register as part of SEC's regulatory oversight

Description

This notice from the Securities and Exchange Commission (SEC) announces the proposed extension of a currently approved collection of information under Rule 35d-1 of the Investment Company Act of 1940. The rule requires certain registered investment companies to adopt an 80% investment policy and maintain records and provide notices to shareholders regarding changes in investment policy. The SEC is soliciting public comments on the collection of information requirements, which include recordkeeping and notice provisions designed to ensure compliance and investor protection. The notice includes estimates of the annual burden hours and external cost burdens associated with these requirements.

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