# 2025-04355: SEC Seeks to Prolong Late Report Excuse Form Indefinitely

2025-04355, Submission for OMB Review; Comment Request; Extension: Form 12b-25-Notification of Late Filing, is a Federal Register notice from Securities and Exchange Commission published 2025-03-18, effective Public comments accepted through April 18, 2025. (as of 2026-06-08).

- Canonical: https://policyrisk.com/federal-register/2025-04355
- As of: 2026-06-08
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-04355
- Title: Submission for OMB Review; Comment Request; Extension: Form 12b-25-Notification of Late Filing
- Type: Notice
- Agencies: Securities and Exchange Commission
- Citation: 90 FR 12619
- Published: 2025-03-18
- Effective: Public comments accepted through April 18, 2025.
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-06-08

## In one line

SEC Seeks to Prolong Late Report Excuse Form Indefinitely

## Summary

The SEC is asking to keep using Form 12b-25, which lets companies tell everyone if they can’t file important reports on time. This form helps companies get extra time without penalties and affects about 2,849 filings a year, taking about 2.5 hours each. The public can comment on this extension request until April 18, 2025, but there’s no new cost or big changes involved.

## Effects PRIA read

- Form 12b-25 Continued Use: benefit, low. The SEC will continue to use Form 12b-25 so a registrant can notify the Commission and the marketplace if it cannot file a periodic or transition report on time. If the form's filing conditions are met, the registrant is granted an automatic filing extension. The public may comment on the extension…
- Paperwork Time Burden: cost, low. The SEC estimates about 2,849 Form 12b-25 filings per year, with each response taking about 2.5 hours, for a total of roughly 7,123 annual burden hours. This represents the time registrants will need to prepare and submit the form.

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## Sources
- [2025-04355 on federalregister.gov](https://www.federalregister.gov/documents/2025/03/18/2025-04355/submission-for-omb-review-comment-request-extension-form-12b-25-notification-of-late-filing)
- [2025-04355 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-03-18/pdf/2025-04355.pdf)

## Related
- [Previous: 2025-04354, Self-Regulatory Organizations; Cboe Exchange, Inc.; Notice of Designation of a…](https://policyrisk.com/federal-register/2025-04354)
- [Next: 2025-04356, Notice of Intended Repatriation: Nelson Gallery Foundation (d/b/a The Nelson-At…](https://policyrisk.com/federal-register/2025-04356)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-04355 (as of 2026-06-08).