Federal Register #2026-13456

SEC Seeks Public Comment on Extension of Rule 147A(f)(1)(iii) Information Collection

This opportunity involves a request for public comment from the Securities and Exchange Commission (SEC) regarding the extension of an information collection requirement under Rule 147A(f)(1)(iii): - Government Buyer: - Securities and Exchange Commission (SEC) - No OEMs or vendors are involved, as this is not a procurement of products or services - Products/Services Requested: - Extension of approval for information collection related to written representations of purchaser residency for intrastate securities offerings - Approximately 700 respondents annually - Total annual reporting burden: 1,925 hours - Total annual cost burden: $105,000 - Unique/Notable Requirements: - Issuers must obtain written representations from purchasers regarding their residency - Information is not publicly filed and has no assurances of confidentiality - The SEC is seeking public feedback on the continued need and burden of this information collection

Description

This notice pertains to the submission for OMB review of the information collection related to Rule 147A(f)(1)(iii), which involves written representations as to purchaser residency. The Securities and Exchange Commission (SEC) is seeking comments and extension of the existing approval for this mandatory information collection. Approximately 700 respondents provide the information annually, with an estimated 2.75 hours and $150 per response, totaling 1,925 hours and $105,000 in annual burden. The information is not publicly filed and has no assurances of confidentiality.

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