Agency Information Collection Activities; Proposals, Submissions, and Approvals,

[Federal Register: January 14, 2008 (Volume 73, Number 9)]

[Notices]

[Page 2288-2289]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr14ja08-106]

SECURITIES AND EXCHANGE COMMISSION

Proposed Collection; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of Investor Education and Advocacy, Washington, DC 20549-0213.

Extension: Regulations 14D and 14E; OMB Control No. 3235-0102; SEC File No. 270-114 Schedule 14D-9.

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 collection of information summarized below. The Commission plans to submit this existing collection of information to the Office of Management and Budget for extension and approval.

Regulation 14D (17 CFR 240.14d-1-240.14d-11) and Regulation 14E (17

[[Page 2289]]

CFR 240.14e-1-240.14e-8) and related Schedule 14D-9 (17 CFR 240.14d- 101) require information important to security holders in deciding how to respond to tender offers. Schedule 14D-9 takes approximately 258 hours per response to prepare and is filed by 600 companies annually. We estimate that 25% of the 258 hours per response (64.5 hours) is prepared by the company for an annual reporting burden of 38,700 hours (64.5 hours per response x 600 responses).

Written comments are invited on: (a) Whether these collections of information are 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 imposed by 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 R. Corey Booth, Director/ Chief Information Officer, Securities and Exchange Commission, C/O Shirley Martinson, 6432 General Green Way, Alexandria, Virginia 22312; or send an e-mail to: PRA_Mailbox@sec.gov.

January 3, 2008. Florence E. Harmon, Deputy Secretary. [FR Doc. E8-353 Filed 1-11-08; 8:45 am]

BILLING CODE 8011-01-P