Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Rule 203-2 & Form ADV-W

[Federal Register Volume 91, Number 107 (Thursday, June 4, 2026)]

[Notices]

[Page 33839]

From the Federal Register Online via the Government Publishing Office [ www.gpo.gov ]

[FR Doc No: 2026-11208]

-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0313]

Agency Information Collection Activities; Submission for OMB

Review; Comment Request; Extension: Rule 203-2 & Form ADV-W

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 (SEC or ``Commission'') is submitting to the Office of

Management and Budget (OMB) this request for extension of the proposed

collection of information

The title for the collection of information is ``Rule 203-2 (17 CFR

275.203-2) and Form ADV-W (17 CFR 279.2) under the Investment Advisers

Act of 1940 (15 U.S.C. 80b).'' Rule 203-2 under the Investment Advisers

Act of 1940 establishes procedures for an investment adviser to

withdraw its registration or pending registration with the Commission.

Rule 203-2 requires every person withdrawing from investment adviser

registration with the Commission to file Form ADV-W electronically on

the Investment Adviser Registration Depository (``IARD''). The purpose

of the information collection is to notify the Commission and the

public when an investment adviser withdraws its pending or approved SEC

registration. Typically, an investment adviser files a Form ADV-W when

it ceases doing business or when it is ineligible to remain registered

with the Commission.

The potential respondents to this information collection are all

investment advisers that are registered with the Commission or have

applications pending with the Commission. The Commission has estimated

that compliance with the requirement to complete Form ADV-W imposes a

total burden of approximately 0.75 hours (45 minutes) for an adviser

filing for full withdrawal and approximately 0.25 hours (15 minutes)

for an adviser filing for partial withdrawal. Based on historical

filings, the Commission estimates that there are approximately 880

respondents annually filing for full withdrawal and approximately 673

respondents annually filing for partial withdrawal. Based on these

estimates, the total estimated annual burden would be 828.25 hours

((880 respondents x .75 hours) + (673 respondents x .25 hours)).

Rule 203-2 and Form ADV-W require recordkeeping or records

retention--an adviser must keep a copy of its filed ADV-W in its

records and the Commission record retention schedule is Job. No. N1-

266-91-1-43a. The collection of information requirements under the rule

and form are mandatory. The information collected pursuant to the rule

and Form ADV-W are filings with the Commission. These filings are not

kept confidential.

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=202603-3235-021 or email comment to

[email protected] within 30 days of the day

after publication of this notice, by July 6, 2026.

Dated: June 2, 2026.

Sherry R. Haywood,

Assistant Secretary.

[FR Doc. 2026-11208 Filed 6-3-26; 8:45 am]

BILLING CODE 8011-01-P