Form N-2 is filed by closed-end investment companies in connection with an initial registration of securities under the Investment Company Act of 1940 or the Securities Act of 1933.
US Code:
15 USC 80a-8
Name of Law: Investment Company Act of 1940
US Code:
15 USC 77f
Name of Law: Securities Act of 1933
The new total annual hour burden of 94,350 hours represents an increase of 20,205 hours over the previous burden hour estimate of 74,145 hours. In addition, the new total annual external cost burden of $6,269,752 represents an increase of $1,551,556 over the previous external cost burden of $4,718,196. The increase in burden hours and external costs are primarily attributable to the increase in the estimated number of Form N-2 post-effective amendments filed annually (largely due to a change in methodology for estimating such filings). The increases were offset in part by the amendments, which will permit eligible affected funds to forward incorporate information from their Exchange Act reports, thus reducing the need for such funds to file a post-effective amendment or a prospectus supplement to update information in the registration statement.
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 1716 Form N-2 under the Investment Company Act of 1940 and Securities Act of 1933, Registration Statement of Closed-End Management Investment Companies
April 2020 Supporting Statement (Form N-2) Offering Reform (new).pdf
Form N-2 under the Investment Company Act of 1940 and Securities Act of 1933, Registration Statement of Closed-End Management Investment Companies