SEC Registration Statement Comment Request
Summary
The SEC has submitted a request to the Office of Management and Budget for the extension of the information collection requirements associated with Form F-1, used by foreign private issuers to register securities. The notice provides details on the estimated annual burden and cost associated with this form.
What changed
The Securities and Exchange Commission (SEC) has submitted a request to the Office of Management and Budget (OMB) for the extension of the previously approved collection of information under Form F-1. This form is utilized by certain foreign private issuers to register securities under the Securities Act of 1933, with the collected information intended to ensure adequate investor information during securities offerings. The SEC estimates that Form F-1 requires approximately 1,610.36 hours per response, with an estimated annual reporting burden of 108,699 hours and an annual cost burden of $195,658,740.
This notice serves as a request for public comment on the information collection request, with comments due by April 20, 2026. While this is a notice regarding an information collection request and not a rule change, entities that utilize Form F-1 should be aware of the ongoing review of these requirements. The SEC emphasizes that no person is required to respond to a collection of information unless it displays a currently valid OMB Control Number.
What to do next
- Submit comments on the information collection request by April 20, 2026.
Source document (simplified)
Content
Upon Written Request, Copies Available From: Securities and Exchange Commission, Office of FOIA Services, 100 F Street NE, Washington, DC 20549-2736
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”) has submitted to the Office of Management and Budget this request
for extension of the previously approved collection of information discussed below.
Form F-1 (17 CFR 239.31) is used by certain foreign private issuers to register securities pursuant to the Securities Act
of 1933 (15 U.S.C. 77a et seq.). The information collected is intended to ensure the adequacy of information available to investors in connection with securities
offerings. The information required by Form F-1 is mandatory, and Form F-1 is publicly available on the Commission's Electronic
Data Gathering, Analysis, and Retrieval (“EDGAR”) system. We estimate that Form F-1 takes approximately 1,610.36 hours per
response and is filed once per year by approximately 270 respondents, for a total of approximately 270 responses annually.
We estimate that 25% of the 1,610.36 hours per response is carried internally by the issuer for a total annual reporting burden
of 108,699 hours ((1,610.36 hours per response × 25%) × 270 responses). We estimate that 75% of the 1,610.36 hours per response
is carried externally by outside professionals retained by the issuer at an estimated rate of $600 per hour for a total annual
cost burden of $195,658,740 ((75% × 1,610.36 hours per response) × $600 per hour × 270 responses).
An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays
a currently valid OMB Control Number.
The public may view and comment on this information collection request at: https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202509-3235-007 or email comment to MBX.OMB.OIRA.SECdeskofficer@omb.eop.gov within 30 days of the day after publication of this notice, by April 20, 2026.
Dated: March 17, 2026. Sherry R. Haywood, Assistant Secretary. [FR Doc. 2026-05465 Filed 3-19-26; 8:45 am] BILLING CODE 8011-01-P
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