SEC Seeks Extension for Obscure UIT Form N-8B-2
Published Date: 10/15/2026
Notice
Summary
The SEC is asking to keep using Form N-8B-2, which helps certain investment trusts (UITs) share important info with the public and follow the rules. About one UIT files this form each year, spending around 40 hours and $11,610 on legal help. This extension means no big changes or new costs, just keeping the process going smoothly.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 3 costs, 0 mixed.
Paperwork burden: 40 hours and $11,610 per filing
The SEC estimates about 1 UIT files Form N-8B-2 each year, with each response taking about 40 hours. The estimated total annual external cost burden is $11,610, based on 15 hours of outside legal services at $774 per hour.
UITs must file Form N-8B-2 once to register
If you operate a unit investment trust (UIT) that is required to register under the Investment Company Act, you must file Form N-8B-2 to satisfy section 8(b). Each UIT subject to this requirement files Form N-8B-2 only once and does not file post-effective amendments.
Form disclosures are public, not confidential
Responses to the disclosure requirements on Form N-8B-2 will not be kept confidential. The information filed is made publicly available and used to verify compliance with the Investment Company Act.
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