Federal Register #2026-20819

SEC seeks continued OMB approval for Form N-54C information collection

The Securities and Exchange Commission is seeking continued OMB approval for an information collection, not purchasing goods or services. - Government buyer and offices: U.S. Securities and Exchange Commission (SEC); the Office of Management and Budget (OMB) is asked to review the extension. - Information collection: Form N-54C (OMB Control No. 3235-0236), used by business development companies to notify the SEC that they are withdrawing their election under Sections 55 through 65 of the Investment Company Act. - Estimated annual burden: Approximately eight filings and eight internal hours, with estimated external costs of $1,856. - Procurement items and vendors: No products, services, part numbers, quantities, OEMs, or vendors are identified; this is not a procurement opportunity. - Notable requirements: The collection is mandatory, and submitted information is not kept confidential.

Description

The Securities and Exchange Commission is submitting an extension request to the Office of Management and Budget for the information collection associated with Form N-54C. The form is used by business development companies to notify the Commission that they are withdrawing their election to be regulated under Sections 55 through 65 of the Investment Company Act. The Commission estimates approximately eight filings annually, with an annual internal burden of eight hours and an annual external cost burden of $1,856. Comments are due by November 12, 2026.

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