OMB files this
comment in accordance with 5 CFR 1320.11( c ). This OMB action is
not an approval to conduct or sponsor an information collection
under the Paperwork Reduction Act of 1995. This action has no
effect on any current approvals. If OMB has assigned this ICR a new
OMB Control Number, the OMB Control Number will not appear in the
active inventory. For future submissions of this information
collection, reference the OMB Control Number provided. Pursuant to
5 CFR 1320.11(c), OMB files this comment on this information
collection request (ICR). The agency shall examine public comment
in response to the NPRM and will describe in the supporting
statement of its next collection any public comments received
regarding the collection as well as why (or why it did not)
incorporate the commenter’s recommendation. The next submission to
OMB must include the draft final rule.
Inventory as of this Action
Requested
Previously Approved
10/31/2021
36 Months From Approved
10/31/2021
8,137
0
8,137
14,217,344
0
14,217,344
1,896,280,869
0
1,896,280,869
Form 10-K is filed by issuers of
securities to satisfy their annual report obligations pursuant to
Sections 13 and 15(d) of the Exchange Act.
The proposed amendments in
Release No. 33-10425 would modernize and simplify certain
disclosure requirements in Regulation S-K, while continuing to
provide all material information to investors. The amendments are
also intended to improve the readability and navigability of
disclosure documents and discourage repetition and disclosure of
immaterial information. We anticipate that the amendments would, in
the aggregate, reduce the burdens and costs to registrants
associated with compliance with the federal securities disclosure
regime. These estimated burden and cost reductions are expected to
result primarily from proposed amendments to the Commission’s
disclosure requirements that would allow registrants, in some
circumstances, to eliminate the earliest year of the MD&A
discussion; permit registrants, in certain circumstances, to omit,
without a confidential treatment request, schedules and attachments
that are not material and confidential information in material
contracts exhibits that is both (i) not material and (ii)
competitively harmful if publicly disclosed; and simplify and
modernize executive officer, Section 16(a) compliance and corporate
governance disclosure requirements. For purposes of the PRA, we
estimate that the proposed amendments to Form 10-K would result in
a net decrease of 23,325 burden hours and a net decrease in the
cost burden of $3,715,600 for the services of outside
professionals.
$150,000
No
No
No
No
No
No
Uncollected
Daniel Morris 202 551-3430
morrisdb@sec.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
Form SEC 1673 Exchange Act Form 10-K
FAST Act Final Supporting Statement.03-28-2019.pdf
Exchange Act Form 10-K