Proposed Collection; Comment Request

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Federal RegisterNov 8, 2004
69 Fed. Reg. 64795 (Nov. 8, 2004)

Upon written request, copies available from: Securities and Exchange Commission, Office of Filings and Information Services, Washington, DC 20549.

Extensions: Rule 425, OMB Control No. 3235-0521, SEC File No. 270-462.

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.

Securities Act Rule 425 (OMB Control No. 3235-0521; SEC File No. 270-462) requires the filing of certain prospectuses and communications under Rules 135 and 165 in connection with business combination transactions. The purpose of the rule is to relax existing restrictions on oral and written communications with shareholders about tender offers, mergers and other business combination transactions by permitting the dissemination of more information on a more-timely basis as long as the written communications are filed on the date of first use. Approximately 2,000 issuers file communications under Rule 425 at an estimate .25 hours per response for a total of 500 annual burden hours.

Written comments are invited on: (a) Whether the 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 collections 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, Office of Information Technology, Securities and Exchange Commission, 450 Fifth Street, NW., Washington, DC 20549.

Dated: October 29, 2004.

Margaret H. McFarland,

Deputy Secretary.

[FR Doc. E4-3034 Filed 11-5-04; 8:45 am]

BILLING CODE 8010-01-P