11 Mar 2025
📄SEC Comment Request on Form T-2 for Trustee Eligibility
Proposed Collection; Comment Request; Extension: Form T-2-Statement of Eligibility Under the Trust Indenture Act of 1939 of an Individual Designated To Act as a Trustee
Summary
The Securities and Exchange Commission (SEC) is soliciting comments on the extension of Form T-2, which assesses an individual's eligibility to serve as a trustee under the Trust Indenture Act of 1939. The proposal aims to gather feedback on the necessity, accuracy, and burden of this information collection, with written comments accepted for a specified period.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content outlines the procedure for filing Form T-2, which is vital for individuals seeking to act as trustees under the Trust Indenture Act. This process impacts businesses relying on qualified trustees for securities, indicating ongoing compliance and regulatory requirements.