8 Aug 2025
📄SEC Notice on Form T-4 Exemption Application Requirements
Agency Information Collection Activities; Submission for OMB Review; Comment Request; Extension: Form T-4-Application For Exemption
Summary
The SEC issues a notice regarding the extension of information collection for Form T-4, which issuers must complete to apply for exemptions under the Trust Indenture Act. The estimate indicates a financial and time burden associated with the mandatory preparation and filing of the form, aimed at enhancing regulatory compliance.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The notice pertains to the SEC's Form T-4, which is mandatory for businesses seeking exemptions under the Trust Indenture Act. This involves compliance costs for firms, particularly as it entails hiring professionals to assist in preparation, leading to significant financial implications for issuers.