[Federal Register: May 1, 2000 (Volume 65, Number 84)]
[Notices]               
[Page 25400]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr01my00-95]                         

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SECURITIES AND EXCHANGE COMMISSION

 
Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, 
DC 20549
Extension:
    Form T-6, SEC File No. 270-344, OMB Control No. 3235-0391
    Form 11-K, SEC File No. 270-101, OMB Control No. 3235-0082
    Form 144, SEC File No. 270-112, OMB Control No. 3235-0101
    Regulation S-B, SEC File No. 270-370, OMB Control No. 3235-0417

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.) the Securities and Exchange Commission 
(``Commission'') is soliciting comments on the collections of 
information summarized below. The Commission plans to submit these 
existing collections of information to the Office of Management and 
Budget for extension and approval.
    Form T-6 is a statement of eligibility and qualification for a 
foreign corporate trustee under the Trust Indenture Act of 1939. Form 
T-6 provides the basis for determining if a trustee is qualified. All 
information is provided to the public upon request. Form T-6 takes 
approximately 17 burden hours to be prepared and is filed by 15 
respondents. It is estimated that 25% of the 255 total burden hours (64 
hours) would be prepared by the filer.
    Form 11-K is the annual report designed for use by employee stock 
purchase, savings and similar plans to facilitate their compliance with 
the reporting requirement. Form 11-K is necessary to provide employees 
with information, including financial information, with respect to the 
investment vehicle or plan itself. Form 11-K provides the employees in 
turn with the necessary information to assess the performance of the 
investment vehicle in which their money is invested. Form 11-K is filed 
on occasion and the information required is mandatory. All information 
is provided to the public upon request. Form 11-K takes approximately 
30 burden hours to prepare and is filed by 774 respondents for a total 
of 23,220 annual burden hours.
    Form 144 is used to report the sale of securities during any three 
month period that exceeds 500 shares or other units or has an aggregate 
sales price in excess of $10,000. The information requested is 
mandatory. Form 144 operates in conjunction with Rule 144. If the 
information collection was not required, the objectives of the rule 
could be frustrated. All information is provided to the public upon 
request. Form 144 takes approximately 2 burden hours to prepare and is 
filed by 18,096 respondents for a total of 36,192 annual burden hours.
    Regulation S-B provides an integrated disclosure system for small 
business issuers that file registration statements under the Securities 
Act of 1933 and reports under the Securities Exchange Act of 1934. The 
information requested is mandatory. The information collected is 
intended to ensure the adequacy of information is available to 
investors in the registration of securities. All information is 
provided to the public upon request. Regulation S-B takes approximately 
one burden hour to review and is filed by one respondent for a total of 
one annual burden hour. The one hour associated with Regulation S-B is 
strictly an administrative reporting burden.
    Written comments are invited on: (a) Whether the proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden of the collection of information; (c) ways to enhance the 
quality, utility, and clarity of the information collected; and (d) 
ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology. Consideration will 
be given to comments and suggestions submitted in writing within 60 
days of this publication.
    Please direct your written comments to Michael E. Bartell, 
Associate Executive Director, Office of Information Technology, 
Securities and Exchange Commission, 450 5th Street, NW, Washington, DC 
20549.

    Dated: April 19, 2000.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 00-10728 Filed 4-28-00; 8:45 am]
BILLING CODE 8010-01-M