24 Jun 2025
📄SEC's Extension Request for Form T-2 Compliance
Submission for OMB Review; 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 SEC has submitted an extension request for Form T-2, which assesses the eligibility of individual trustees under the Trust Indenture Act of 1939. This extension includes a call for public comment on the information collection process, highlighting its importance for ensuring qualified trustees and compliance with regulatory standards.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The content relates to the SEC's requirements for the completion of Form T-2, which is mandatory for individuals acting as trustees. Business owners must comply with this requirement, which could involve preparation and submission burdens that affect operational costs and timelines.