1939 Law's Debt Form Stays: 43 Hours for 8 Annual Filings
Published Date: 6/24/2025
Notice
Summary
The SEC is asking to keep using Form T-3, which companies fill out to get approval for certain debt agreements under a 1939 law. This form helps the SEC decide if these debt deals are okay, and it takes about 43 hours to complete each time, with around 8 forms filed yearly. People can comment on this by July 25, 2025, and no new costs or big changes are planned—just a smooth extension of the current process.
No Economic Impacts Identified for this Document
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