Posted on Monday, December 3, 2018

The Securities and Exchange Commission (SEC) posted a request for comment on the proposed collection of interactive data. Comments are due January 25, 2019.  In the Request for Comment, the SEC states “We estimate that 10,229 respondents per year will each submit an average of 4.5 responses per year for an estimated total of 46, 031 responses. We further estimate an internal burden of 59 hours per response for a total annual internal burden of 2,715,829 hours (59 hours per response x 46,031 responses).”

Specific questions are asked on:

(a) Whether this proposed 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 imposed by the collection 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.

Read the Request for Comment.