[Federal Register Volume 78, Number 18 (Monday, January 28, 2013)]
[Notices]
[Pages 5803-5804]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-01677]
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: Background. On June 15, 1984, the Office of Management and
Budget (OMB) delegated to the Board of Governors of the Federal Reserve
System (Board) its approval authority under the Paperwork Reduction Act
(PRA), pursuant to 5 CFR 1320.16, to approve of and assign OMB control
numbers to collection of information requests and requirements
conducted or sponsored by the Board under conditions set forth in 5 CFR
part 1320 Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the Paperwork Reduction Act
Submission, supporting statements, and approved collection of
information instruments are placed into OMB's public docket files. The
Federal Reserve may not conduct or sponsor, and the respondent is not
required to respond to, an information collection that has been
extended, revised, or implemented on or after October 1, 1995, unless
it displays a currently valid OMB control number.
DATES: Comments must be submitted on or before March 29, 2013.
ADDRESSES: You may submit comments, identified by FR 2034 by any of the
following methods:
Agency Web Site: www.federalreserve.gov. Follow the
instructions for submitting comments at www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm.
Federal eRulemaking Portal: www.regulations.gov. Follow
the instructions for submitting comments.
Email: [email protected]. Include the OMB
control number in the subject line of the message.
Fax: 202-452-3819 or 202-452-3102.
Mail: Robert deV. Frierson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue NW.,
Washington, DC 20551.
All public comments are available from the Board's Web site at
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or contact information. Public
comments may also be viewed electronically or in paper form in Room MP-
500 of the Board's Martin Building (20th and C Streets NW.,) between
9:00 a.m. and 5:00 p.m. on weekdays.
Additionally, commenters may send a copy of their comments to the
OMB Desk Officer by mail to the Office of Information and Regulatory
Affairs, U.S. Office of Management and Budget, New Executive Office
Building, Room 10235, 725 17th Street NW., Washington, DC 20503 or by
fax to 202-395-6974.
FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission,
including the proposed reporting form and instructions, supporting
statement, and other documentation will be placed into OMB's public
docket files, once approved. These documents will also be made
available on the Federal Reserve Board's public Web site at:
www.federalreserve.gov/apps/reportforms/review.aspx or may be requested
from the agency clearance officer, whose name appears below.
Federal Reserve Board Clearance Officer--Cynthia Ayouch--Division of
Research and Statistics, Board of Governors of the Federal Reserve
System, Washington, DC 20551, (202) 452-3829. Telecommunications Device
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors
of the Federal Reserve System, Washington, DC 20551.
SUPPLEMENTARY INFORMATION:
Request for Comment on Information Collection Proposal
The following information collection, which is being handled under
this delegated authority, has received initial Board approval and is
hereby published for comment. At the end of the comment period, the
proposed information collection, along with an analysis of comments and
recommendations received, will be submitted to the Board for final
approval under OMB delegated authority. Comments are invited on the
following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. The accuracy of the Federal Reserve's estimate of the burden of
the proposed information collection, including the validity of the
methodology and assumptions used;
c. Ways to enhance the quality, utility, and clarity of the
information to be collected; and
d. Ways to minimize the burden of information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
e. Estimates of capital or start up costs and costs of operation,
maintenance, and purchase of services to provide information.
Proposal To Extend, With Revision, Under OMB Delegated Authority, the
Following Survey
Report title: Senior Credit Officer Opinion Survey on Dealer
Financing Terms.
Agency form number: FR 2034.
OMB control number: 7100-0325.
Frequency: Up to six times a year.
Reporters: U.S. banking institutions and U.S. branches and agencies
of foreign banks.
Estimated annual reporting hours: 450 hours.
Estimated average hours per response: 3 hours.
Number of respondents: 25.
General description of report: This information collection would be
voluntary (12 U.S.C. 225a, 248(a)(2), 1844(c), and 3105(c)(2)) and
would be given confidential treatment (5 U.S.C. 552(b)(4)).
Abstract: This voluntary survey collects qualitative and limited
quantitative information from senior credit officers at responding
financial institutions on (1) Stringency of credit terms, (2) credit
availability and demand across the entire range of securities financing
and over-the-counter derivatives transactions, and (3) the evolution of
market conditions and conventions applicable to such activities up to
six times a year. Given the Federal Reserve's interest in financial
stability, the information this
[[Page 5804]]
survey collects is critical to the monitoring of credit markets and
capital market activity. Aggregate survey results are made available to
the public on the Federal Reserve Board Web site.\1\ In addition,
selected aggregate survey results may be published in Federal Reserve
Bulletin articles and in the annual Monetary Policy Report to the
Congress.
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\1\ See http://www.federalreserve.gov/econresdata/releases/scoos.htm.
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Current Actions: The survey instrument currently contains 47 core
questions divided into three broad sections, as well as additional
questions on special topics of timely interest. The Federal Reserve
proposes to modify the survey instrument to contain 79 core questions
that would be substantively similar to the current survey while
instituting some reorganization and refinements: (1) More granular
information on dealers' clients would be added to the Counterparty
Types section; (2) the number of questions in Over-the-Counter
Derivatives section would be significantly reduced; and (3) questions
on additional collateral types would be added to the Securities
Financing section.
Board of Governors of the Federal Reserve System, January 23,
2013.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2013-01677 Filed 1-25-13; 8:45 am]
BILLING CODE 6210-01-P