Rule 30e-1 under the Investment Company Act generally requires a registered management company (âfundâ) to transmit to its shareholders, at least semi-annually, a report containing the information that is required to be included in such reports by the fundâs registration statement form under the Investment Company Act.
Under the amendments, the estimated hourly burden associated with rule 30e 1 would increase from 1,028,658 hours to 1,039,868 hours (an increase of 11,210 hours). The estimated cost burden associated with rule 30e 1 would increase from $147,750,391 to $149,244,791 (an increase of $1,494,400). This increase is due to an increase in the estimated burden for registered CEFs that would be required to disclose additional information in their shareholder reports under the proposal.
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No
No
No
No
No
No
No
Terri Jordan 202 551-3239
No
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.
Supporting Statement (Rule 30e-1) (Aug 18).pdf
Rule 30e-1 under the Investment Company Act of 1940, Reports to Stockholders of Management Companies