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OMB Control No: 3235-0336	ICR Reference No: 202107-3235-017
Status: Historical Inactive	Previous ICR Reference No: 202008-3235-009
Agency/Subagency: SEC	Agency Tracking No: IM-270-297
Title: Form N-14, for the registration of securities under the Securities Act of 1933 issued in business combination transaction by investment companies and business development companies.
Type of Information Collection: Revision of a currently approved collection	Common Form ICR: No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule and continue	Conclusion Date: 03/24/2022
	Date Received in OIRA: 08/03/2021
Terms of Clearance: 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
Expiration Date	07/31/2024	36 Months From Approved	07/31/2024
Responses	253	0	253
Time Burden (Hours)	125,260	0	125,260
Cost Burden (Dollars)	5,842,000	0	5,842,000

Abstract: Form N-14 is the registration statement used by investment companies and business development companies to register under the Securities Act of 1933 securities to be issued in mergers and other forms of business combinations. Form N-14 provides investors with material information regarding such securities. The information filed also permits the SEC to verify compliance with securities laws.

Authorizing Statute(s): US Code: 15 USC 77e Name of Law: Securities Act of 1933

Citations for New Statutory Requirements: None

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3235-AL77	Proposed rulemaking	84 FR 24600	05/28/2019

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

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

Burden Increase Due to:

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

Burden Reduction Due to: Miscellaneous Actions

Short Statement: The estimated hourly burden associated with Form N 14 has decreased from 125,260 hours to 122,360 (a decrease of 2,900 hours). In addition, the cost burden associated with Form N 14 has decreased from $5,842,000 to $2,362,000 (a decrease of $3,480,000). The changes in burden hours and external cost burdens are due to the estimates of the time burden and external costs that will result from the proposed amendments streamlining the financial reporting on Form N-14 relating to acquisitions involving investment companies.

Annual Cost to Federal Government:

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. 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? No

Agency Contact: Joel Cavanaugh 202 551-3173

View ICR - OIRA Conclusion