Federal Register #3235-0574

SEC Notice: Public Comment on Rule 3a-8 Information Collection Extension

This notice from the Securities and Exchange Commission (SEC) concerns a regulatory information collection, not a procurement action. - Government Buyer: - Securities and Exchange Commission (SEC) - No OEMs or vendors are mentioned - No products or services are being requested or procured - Purpose: - Seeks public comment on the extension of information collection requirements under Rule 3a-8 of the Investment Company Act of 1940 - Focuses on regulatory compliance and administrative recordkeeping for research and development companies relying on Rule 3a-8 safe harbor - No purchase quantities, part numbers, or unique procurement requirements are included - This is part of the federal rulemaking process, not an acquisition of goods or services

Description

This notice pertains to the Securities and Exchange Commission's request for extension of the information collection under Rule 3a-8 of the Investment Company Act of 1940. The rule provides a nonexclusive safe harbor from investment company status for certain research and development companies. It requires the board of directors of such companies to adopt a resolution and a written policy regarding capital preservation investments. The notice is part of the federal rulemaking process to seek public comment on the extension of this information collection.

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