[Federal Register Volume 77, Number 206 (Wednesday, October 24, 2012)]
[Notices]
[Pages 65054-65055]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-25629]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities; Proposed Information
Collection; Comment Request; Securities Exchange Act Disclosure Rules
(12 CFR Part 11) and Securities of Federal Savings Associations (12 CFR
Part 194)
AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.
ACTION: Notice and Request for Comment.
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SUMMARY: The OCC, as part of its continuing effort to reduce paperwork
[[Page 65055]]
and respondent burden, invites the general public and other Federal
agencies to take this opportunity to comment on a continuing
information collection, as required by the Paperwork Reduction Act of
1995.
Under the Paperwork Reduction Act of 1995 (the PRA), Federal
Agencies are required to publish notice in the Federal Register
concerning each proposed collection of information, including each
proposed extension of an existing collection of information and to
allow 60 days for public comment in response to the notice.
In accordance with the requirements of the Paperwork Reduction Act
of 1995 (44 U.S.C. chapter 35), the OCC may not conduct or sponsor, and
the respondent is not required to respond to, an information collection
unless it displays a currently valid Office of Management and Budget
(OMB) control number.
The OCC is soliciting comment concerning its information collection
titled, ``Securities Exchange Act Disclosure Rules (12 CFR part 11) and
Securities of Federal Savings Associations (12 CFR part 194).''
DATES: Comments must be received by December 24, 2012.
ADDRESSES: Communications Division, Office of the Comptroller of the
Currency, Public Information Room, Mailstop 2-3; Attention: 1557-0206,
250 E Street SW., Washington, DC 20219. In addition, comments may be
sent by fax to (202) 874-5274, or by electronic mail to
[email protected]. You can inspect and photocopy the comments
at the OCC, 250 E Street SW., Washington, DC 20219. For security
reasons, the OCC requires that visitors make an appointment to inspect
comments. You may do so by calling (202) 874-4700. Upon arrival,
visitors will be required to present valid government-issued photo
identification and to submit to security screening in order to inspect
and photocopy comments.
Additionally, you should send a copy of your comments to OCC Desk
Officer, 1557-0206, by mail to U.S. Office of Management and Budget,
725, 17th Street NW., 10235, Washington, DC 20503, or by fax
to (202) 395-6974.
FOR FURTHER INFORMATION CONTACT: You can request additional information
or a copy of the information collection from Mary H. Gottlieb or Johnny
Vilela, OCC Clearance Officers, (202) 874-5090, Legislative and
Regulatory Activities Division, Office of the Comptroller of the
Currency, 250 E Street SW., Washington, DC 20219.
SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501-3520), Federal
agencies must obtain approval from the Office of Management and Budget
(OMB) for each collection of information they conduct or sponsor.
``Collection of information'' is defined in 44 U.S.C. 3502(3) and 5 CFR
1320.3(c) to include Agency requests or requirements that members of
the public submit reports, keep records, or provide information to a
third party. Section 3506(c)(2)(A) of the PRA (44 U.S.C. 3506(c)(2)(A))
requires Federal agencies to provide a 60-day notice in the Federal
Register concerning each proposed collection of information, including
each proposed extension of an existing collection of information,
before submitting the collection to OMB for approval. To comply with
this requirement, the OCC is publishing notice of the proposed
collection of information set forth in this document.
With respect to the following collection of information, the OCC
invites comments on these topics:
(a) Whether the information collections are necessary for the
proper performance of the agencies' functions, including whether the
information has practical utility;
(b) The accuracy of the agencies' estimates of the burden of the
information collections, including the validity of the methodology and
assumptions used;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of information collections on
respondents, including through the use of automated collection
techniques or other forms of information technology; and
(e) Estimates of capital or start up costs and costs of operation,
maintenance, and purchase of services to provide information.
Comments submitted in response to this notice will be shared among
the agencies. All comments will become a matter of public record.
Written comments should address the accuracy of the burden estimates
and ways to minimize burden including the use of automated collection
techniques or the use of other forms of information technology as well
as other relevant aspects of the information collection request.
Securities Exchange Act Disclosure Rules and Securities of Federal
Savings Associations--12 CFR 11 and 12 CFR 194 (OMB Control Number
1557-0106)--Extension
The OCC is proposing to extend OMB approval of the following
information collection:
Title: Securities Exchange Act Disclosure Rules (12 CFR Part 11)
and Securities of Federal Savings Associations (12 CFR Part 194).
OMB Control No.: 1557-0106.
Description: This submission covers an existing regulation and
involves no change to the regulation or to the information collection
requirements. The OCC requests only that OMB approve its revised
estimates.
The Securities and Exchange Commission (SEC) is required by statute
to collect, through regulation, from any firm that is required to
register its stock with the SEC, certain information and documents. 15
U.S.C. 78m(a)(1). Federal law also requires the OCC to apply similar
regulations to any national bank or Federal savings association
similarly required to be registered (those with a class of equity
securities held by 2,000 or more shareholders). 15 U.S.C. 78l(i).
12 CFR parts 11 and 194 ensure that a national bank or Federal
savings association whose securities are subject to registration
provides adequate information about its operations to current and
potential shareholders, depositors, and to the public. The OCC reviews
the information to ensure that it complies with Federal law and makes
public all information required to be filed under these rules.
Investors, depositors, and the public use the information to make
informed investment decisions.
Type of Review: Extension of a currently approved collection.
Affected Public: Individuals; Businesses or other for-profit.
Estimated Number of Respondents: 14.
Estimated Total Annual Responses: 78.
Frequency of Response: On occasion.
Estimated Total Annual Burden: 522.5.
Dated: October 11, 2012.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. 2012-25629 Filed 10-23-12; 8:45 am]
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