[Federal Register Volume 81, Number 40 (Tuesday, March 1, 2016)]
[Notices]
[Pages 10716-10717]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-04354]
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DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency
Agency Information Collection Activities: Information Collection
Renewal; Comment Request; Municipal Securities Dealers and Government
Securities Brokers and Dealers--Registration and Withdrawal
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
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 the
renewal of its information collection titled, ''Municipal Securities
Dealers and Government Securities Brokers and Dealers--Registration and
Withdrawal.''
DATES: You should submit written comments by May 2, 2016.
ADDRESSES: Because paper mail in the Washington, DC area and at the OCC
is subject to delay, commenters are encouraged to submit comments by
email, if possible. Comments may be sent to: Legislative and Regulatory
Activities Division, Office of the Comptroller of the Currency, Mail
Stop 9W-11, Attention: 1557-0184, Washington, DC 20219. In addition,
comments may be sent by fax to (571) 465-4326 or by electronic mail to
[email protected]. You may personally inspect and photocopy
comments at the OCC, 400 7th 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) 649-6700 or, for
persons who are deaf or hard of hearing, TTY, (202) 649-5597. 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.
All comments received, including attachments and other supporting
materials, are part of the public record and subject to public
disclosure. Do not include any information in your comment or
supporting materials that you consider confidential or inappropriate
for public disclosure.
FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer,
(202) 649-5490 or, for persons who are deaf or hard of hearing, TTY,
(202) 649-5597, Legislative and Regulatory Activities Division, Office
of the Comptroller of the Currency, 400 7th Street SW., Washington, DC
20219.
SUPPLEMENTARY INFORMATION: Under the PRA, Federal agencies must obtain
approval from the 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 obtaining, causing to be
obtained, soliciting, or requiring the disclosure to an Agency of
information by means of identical questions posed to, or identical
reporting, recordkeeping, or disclosure requirements imposed on, ten or
more persons. Section 3506(c)(2)(A) of the PRA requires Federal
agencies to provide a 60-day notice in the Federal Register concerning
each proposed collection of information, including each proposed
extension or revision of an existing collection of information, before
submitting the collection to OMB for approval. In compliance with the
PRA, the OCC is publishing notice of the proposed extension of the
collection of information set forth in this document.
The OCC is proposing to extend OMB approval of the following
information collection:
Title: Municipal Securities Dealers and Government Securities
Brokers and Dealers--Registration and Withdrawal.
OMB Control No.: 1557-0184.
Form Numbers: MSD, MSDW,\1\ MSD-4, MSD-5, G-FIN, G-FINW, GFIN-4 and
GFIN-5.\2\
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\1\ The Securities and Exchange Commission (SEC) maintains
collections for the MSD and MSDW under OMB Control Nos. 3235-0083
and 3235-0087, however, there is a requirement that these be filed
with the OCC, which is covered by OMB Control No. 1557-0184.
\2\ The Department of the Treasury maintains collections for the
G-FIN-4 and G-FIN-5 under OMB Control No. 1535-0089, however there
is a requirement that they be filed with the OCC, which is covered
by OMB Control No. 1557-0184.
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Abstract: This information collection is required to satisfy the
requirements of section 15B \3\ and section 15C \4\ of the Securities
Exchange Act of 1934, which require, in part, any national bank or
Federal savings association that acts as a government securities
broker/dealer or a municipal securities dealer to file the appropriate
form with the OCC to inform the agency of its broker/dealer activities.
The OCC uses this information to determine which national banks and
Federal savings associations are acting as government securities
broker/dealers and municipal securities dealers and to monitor entry
into and exit from these activities by institutions and registered
persons. The OCC also uses the information in planning national bank
and Federal savings association examinations.
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\3\ 15 U.S.C. 78o-4.
\4\ 15 U.S.C. 78o-5.
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Type of Review: Renewal of a currently approved collection. The
collection has not changed. The OCC asks only that OMB approve its
revised estimates and extend its approval of the forms.
Affected Public: Businesses or other for-profit; individuals.
Estimated Number of Respondents: 19 (8 government securities
dealers; 1 municipal securities dealer; and 10 municipal and government
securities dealers).
Estimated Number of Responses: 802. Frequency of Response: On
occasion.
Estimated Annual Burden: 735.5 burden hours.
Comments submitted in response to this notice will be summarized
and included in the request for OMB approval. All comments will become
a
[[Page 10717]]
matter of public record. Comments are invited on:
(a) Whether the collection of information is necessary for the
proper performance of the functions of the OCC, including whether the
information has practical utility;
(b) The accuracy of the OCC's estimate of the information
collection burden;
(c) Ways to enhance the quality, utility, and clarity of the
information to be collected;
(d) Ways to minimize the burden of the collection 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.
Dated: February 24, 2016.
Mary Hoyle Gottlieb,
Regulatory Specialist, Legislative & Regulatory Activities Division.
[FR Doc. 2016-04354 Filed 2-29-16; 8:45 am]
BILLING CODE 4810-33-P