View Information Collection Request (ICR) Package

OMB Control No: 3235-0026	ICR Reference No: 201104-3235-005
Status: Historical Inactive	Previous ICR Reference No: 201102-3235-034
Agency/Subagency: SEC	Agency Tracking No: IM-270-21
Title: Form N-2 under the Investment Company Act of 1940 and Securities Act of 1933, Registration Statement of Closed-End Management Investment Companies
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 06/08/2011
	Date Received in OIRA: 04/15/2011
Terms of Clearance: Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR). In accordance with 5 CFR 1320, OMB is withholding approval at this time. The agency shall examine public comment in response to the NPRM and will include in the supporting statement of the next ICR--to be submitted to OMB at the final rule stage--a description of how the agency has responded to any public comments on the ICR, including comments on maximizing the practical utility of the collection and minimizing the burden.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2014	36 Months From Approved	03/31/2014
Responses	205	0	205
Time Burden (Hours)	87,351	0	87,097
Cost Burden (Dollars)	4,591,700	0	4,287,200

Abstract: Form N-2 is the registration statement used by closed-end management investment companies, except small business investment companies and insurance company separate accounts, to register under the Investment Company Act of 1940 and to register their securities under the Securities Act of 1933. The SEC uses the information filed in registration statements to verify compliance with the federal securities laws.

Authorizing Statute(s): US Code: 15 USC 77f, 77g, 77j, 77s, 77z-3 Name of Law: Securities Act of 1933
   US Code: 15 USC 80a-8, 80a-37 Name of Law: Investment Company Act of 1940
   US Code: 15 USC 78l, 78m, 78n, 78o(d), 78w Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78mm Name of Law: Securities Exchange Act of 1934

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3235-AK72	Proposed rulemaking	75 FR 59866	09/28/2010

Federal Register Notices & Comments
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Request	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	205	205	0
Annual Time Burden (Hours)	87,351	87,097	254
Annual Cost Burden (Dollars)	4,591,700	4,287,200	304,500

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The proposals in Release No. 33-9143 would enhance the disclosure that companies provide about short-term borrowings in order to provide more useful disclosure to investors about a company's liquidity and use of short-term financing. The increase in the burden associated with Form N-2 is necessary in order to provide investors with important information about the financial condition of companies so that they may make informed investment decisions. The proposal will result in an annual increase of 253.75 burden hours and an increase in $304,500 for outside professional services.

Annual Cost to Federal Government: $50,000

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

Agency Contact: Kieran Brown 202 942-0721

View ICR - OIRA Conclusion