Federal Register #2026-17226

SEC Requests Public Comment on Extension of Form N-54A Information Collection

The Securities and Exchange Commission (SEC) is inviting public comment on its proposed extension of the Form N-54A information collection. - Government Buyer: - Securities and Exchange Commission (SEC) - Purpose: - Extension of Form N-54A information collection - Applies to investment companies electing to be regulated as business development companies under the Investment Company Act of 1940 - OEMs and Vendors: - No OEMs or vendors are mentioned; this is a regulatory information collection, not a procurement - Products/Services Requested: - No products or services are being procured - Approximately 25 business development companies file Form N-54A annually - Each filing requires about 0.5 hours of preparation - Total annual industry cost estimated at $5,881.25 - Unique/Notable Requirements: - SEC requests feedback on the necessity, burden, and utility of the collection - Information submitted is not kept confidential - Focus is on regulatory compliance, not acquisition of goods or services

Description

This notice from the Securities and Exchange Commission (SEC) announces a proposed extension of the information collection titled "Form N-54A." The form is used by certain investment companies electing to be regulated as business development companies under the Investment Company Act of 1940. The SEC is soliciting public comments on the necessity, burden, and utility of this collection. The estimated annual burden includes approximately 25 filings with an average preparation time of 0.5 hours each, costing about $5,881.25 annually for the industry.

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