Federal Register #OMB Control No. 3235-0360

SEC Requests Public Comment on Extension of Form N-17f-2 Information Collection

The Securities and Exchange Commission (SEC) is seeking public comment on its proposal to extend the information collection for Form N-17f-2. - Government Buyer: - Securities and Exchange Commission (SEC) - Purpose: - Extension of information collection for Form N-17f-2, used as a cover sheet for accountant examination certificates under Rule 17f-2 - Rule 17f-2 establishes safeguards for custody of investments by registered management investment companies - Scope and Impact: - Approximately 194 funds file Form N-17f-2 about three times per year - Estimated total annual burden: 1,160 hours - Estimated annual cost: $231,345 - Request for Public Comment: - Feedback sought on necessity, accuracy, and burden of the information collection - Suggestions invited for improving quality and minimizing burden - No procurement of products or services involved - No OEMs or vendors mentioned, as this is a regulatory compliance activity

Description

This notice pertains to the Securities and Exchange Commission's (SEC) proposal to extend the collection of information via Form N-17f-2. The form serves as a cover sheet for accountant examination certificates prepared under Rule 17f-2, which establishes safeguards for custody of investments by registered management investment companies. The notice invites public comment on the necessity, accuracy, and burden of the information collection, including ways to enhance quality and minimize burden. Approximately 194 funds file this form about three times a year, with an estimated total annual burden of 1,160 hours and a cost of approximately $231,345.

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