[Federal Register Volume 63, Number 61 (Tuesday, March 31, 1998)]
[Notices]
[Pages 15416-15417]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-8355]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice and request for comment.

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SUMMARY: The FDIC, 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 proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act if 1995 (44 U.S.C. chapter 35). Currently, the FDIC is 
soliciting comments concerning an information collection title 
``Transfer Agent Registration and Amendment Form.''

DATES: Comment must be submitted on or before June 1, 1998.

ADDRESSES: Interested parties are invited to submit written comments to 
Tamara R. Manly, Management Analyst (Regulatory Analysis), (202) 898-
7453, Office of the Executive Secretary, Room 4022, Attention: 
Comments/OES, Federal Deposit Insurance Corporation, 550 17th Street 
N.W., Washington, D.C. 20429. All comments should refer to ``Transfer 
Agent Registration and Amendment Form. '' Comments may be hand-
delivered to the guard station at the rear of the 17th Street Building 
(located on F Street), on business days between 7:00 a.m. and 5:00 p.m. 
(FAX number: (202) 898-3838; Internet address: C[email protected]).
    A copy of the comments may also be submitted to the OMB desk 
officer for the FDIC: Alexander Hunt, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, D.C. 20503.

FOR FURTHER INFORMATION CONTACT:
Tamara R. Manly, at the address identified above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    Title: Transfer Agent Registration and Amendment Form.
    OMB Number: 3064-0026.
    Form Number: TA-1.
    Frequency of Response: As needed.
    Affected Public: Any depository institution that seeks to perform 
transfer agent functions.
    Estimated Number of Respondents: 28.
    Estimated Time per Response: 1.25 hours (initial registration), .17 
hours (amendment).
    Estimated Total Annual Burden: 14 hours.
    General Description of Collection: Section 17A(c)(1) of the 
Securities Exchange Act of 1934 (15 USC 78q) requires a bank to 
register with the appropriate Federal bank regulator prior to 
performing any transfer agent function. Under FDIC regulation 12 CFR 
341, an insured nonmember bank uses form TA-1 to register with the 
FDIC.

Request for Comment

    Comments are invited on: (a) Whether the collection of information 
is necessary for the proper performance of the FDIC's functions, 
including whether the information has practical utility: (b) the 
accuracy of the estimates of the burden of the information collection, 
including the validity of the methodology and assumptions used; (c) 
ways to enhance the quality, utility, and

[[Page 15417]]

clarity of the information to be collected; and (d) ways to minimize 
the burden of the information collection on respondents, including 
through the use of automated collection techniques or other forms of 
information technology.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the 
collection should be modified prior to submission to OMB for review and 
approval. Comments submitted in response to this notice also will be 
summarized or included in the FDIC's requests to OMB for renewal of 
this collection. All comments will become a matter of public record.

    Dated at Washington, D.C. this 25th day of March, 1998.

    Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 98-8355 Filed 3-30-98; 8:45 am]
BILLING CODE 6714-01-M