Federal Register #2026-17224

SEC Requests Public Comment on Extension of Information Collection Under Rule 163

The Securities and Exchange Commission (SEC) is requesting public comment on its proposal to extend the information collection under Rule 163. - Government Buyer: - Securities and Exchange Commission (SEC) - Purpose: - Extension of information collection related to Rule 163 - Rule 163 allows well-known seasoned issuers to communicate with investors before filing a registration statement - Respondent Details: - Estimated 12 respondents annually - Each respondent submits one filing per year - Products/Services Requested: - No products, OEMs, or vendors are requested - Strictly an information collection activity for regulatory compliance - Unique Requirements: - Focused on regulatory exemption communications for capital formation - No procurement of goods or services involved

Description

The Securities and Exchange Commission (SEC) is proposing to extend the collection of information under Rule 163, which provides an exemption for certain communications by well-known seasoned issuers before a registration statement is filed. The rule facilitates capital formation by allowing eligible issuers to communicate with investors at any time, including through written offers other than statutory prospectuses. The SEC invites public comments on the proposed extension of this information collection. The estimated annual burden includes approximately 12 respondents making one filing each, with a total of 12 responses annually.

View original listing