60-day Federal Register Notice

08AIC29Jul.pdf

Request for Deregistration for Registered Transfer Agents

60-day Federal Register Notice

OMB: 3064-0027

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Federal Register / Vol. 73, No. 146 / Tuesday, July 29, 2008 / Notices

Nature of Extent of Confidentiality:
This collection addresses information of
a confidential nature for two of these
reports. Respondents have requested
and filed for confidential treatment of
information they believe should be
withheld from public inspection under
47 CFR Section 0.459 of the
Commission’s rules.
Needs and Uses: FCC Report 43–02
contains company-wide data for each
account specified in the Uniform
System of Accounts (USOA). It provides
the annual operating results of the
carriers’ activities for every account in
the USOA. In this report, we are
adjusting the number of carriers filing
the 43–02 ARMIS report from 28
respondents to 26 to reflect the sale of
two respondents. We are also increasing
the burden hours to reflect the
Commission’s requirement in its Report
and Order and Memorandum Opinion
and Order (MOO) released August 31,
2007. The Commission required AT&T,
Qwest, and Verizon to include the
imputation charges it debits to account
5280 accompanied by an explanatory
footnote for each line item identifying
the amount imputed in three ARMIS
report filings. The MOO required this
information in FCC Reports 43–01,
ARMIS Annual Summary Report; 43–
02, ARMIS USOA Report; and, 43–03,
ARMIS Joint Cost Report.
ARMIS Report 43–05 collects data at
the study level and holding company
level and is designed to capture trends
in service quality under price cap
regulation. It provides service quality
information in the areas of
interexchange access service installation
and repair intervals, local service
installation and repair intervals, trunk
blockage, and total switch downtime for
price cap companies. We are adjusting
the number of respondents submitting
the 43–05 from 15 to 14 to reflect the
merger of two respondents and the spinoff of their landline business.
ARMIS Report 43–07 is designed to
capture trends in telephone industry
infrastructure development under price
cap regulation. It provides switch
deployment and capabilities data. The
information is also part of the data
necessary to support the Commission’s
audit and other oversight functions. The
data provide the necessary detail to
enable the Commission to fulfill its
regulatory responsibility. There are no
changes to the ARMIS Report 43–07.
OMB Control Number: 3060–0410.
Title: Forecast of Investment Usage
Report, FCC Report 495A; and Actual
Usage of Investment Report. Report
Number, FCC Reports 495B.
Form Numbers: FCC Reports 495–A
and 495–B.

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Type of Review: Revision of a
currently approved collection.
Respondents: Business or other forprofit.
Number of Respondents and
Responses: 70 respondents; 140
responses.
Estimated Time per Response: 40
hours.
Obligation to Respond: Mandatory—
The ARMIS reporting requirements
were established by the Commission in
1987 to facilitate the timely and efficient
analysis of carrier operating costs and
rates of return, to provide an improved
basis for audits and other oversight
functions, and to enhance the
Commission’s ability to quantify the
effects of alternative policy proposals.
Additional ARMIS Reports were added
in 1991 and 1992. Incumbent LECs must
submit the ARMIS reports to the
Commission annually on or before April
1. See Reporting Requirements of
Certain Class A and Tier I Telephone
Companies (Parts 31, 43, 67 and 69 of
the FCC’s Rules), Order, 2 FCC Rcd 5770
(1987), modified on recon, 3 FCC Rcd
6375 (1988) (ARMIS Order). Also, see 47
CFR Part 43, Section 43.21.
Frequency of Response: Annual
reporting requirement.
Total Annual Burden: 5,600 hours.
Total Annual Cost: $0.00.
Privacy Act Impact Assessment: No
impacts.
Nature of Extent of Confidentiality:
This collection addresses information of
a confidential nature. Respondents have
requested and filed for confidential
treatment of information they believe
should be withheld from public
inspection under 47 CFR Section 0.459
of the Commission’s rules.
Needs and Uses: The 495A Report
provides the forecast and resulting
investment allocation incorporated in a
carrier’s cost support for its access tariff.
The 495B Report enables the
Commission’s staff to monitor actual
and forecasted investment use. These
reports help ensure that the regulated
operations of the carriers do not
subsidize the nonregulated operations of
those same carriers. This information is
also a part of the data necessary to
support the Commission’s audit and
other oversight functions. The data
provide the necessary detail to enable
the Commission to fulfill it regulatory
responsibility. There are no changes to
the ARMIS Reports 495A and 495B.
On April 24, 2008, the Commission
granted AT&T’s and BellSouth’s
petitions for forbearance from, among
other things, certain ARMIS reporting
requirements, conditioned upon
Commission approval of an AT&T
compliance plan describing how it will

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continue to fulfill its statutory and
regulatory obligations and the
conditions of the order. See Petition of
AT&T Inc. for Forbearance Under 47
U.S.C. 160 From Enforcement of Certain
of the Commission’s Cost Assignment
Rules; Petition of AT&T Inc. for
Forbearance Under 47 U.S.C. 160 From
Enforcement of Certain of the
Commission’s Cost Assignment Rules,
FCC 08–120 (rel. April 24, 2008). As a
result, upon approval of the compliance
plan, AT&T and BellSouth no longer
will be required to file ARMIS Report
43–04, and FCC Forms 492, 495A and
495B. Id. at para.. 12 n.36.
Subsequently, on May 23, 2008, Verizon
and Qwest requested that the
Commission grant the same forbearance
to them. The Commission has sought
comment on that request, with
comments filed June 26, 2008, and
replies filed July 7, 2008. See Comment
Dates Set On Request of Verizon and
Qwest to Extend Forbearance Relief
from Cost Assignment Rules, DA 08–
1361 (rel. June 6, 2008).
Federal Communications Commission.
Marlene H. Dortch,
Secretary.
[FR Doc. E8–17346 Filed 7–28–08; 8:45 am]
BILLING CODE 6712–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewals (0022; 0027; 0029; 0061;
0113); Comment Request
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

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 of 1995 (44 U.S.C. chapter 35).
Currently, the FDIC is soliciting
comments concerning the following
collections of information titled: (1)
Uniform Application/Uniform
Termination for Municipal Securities
Principal or Representative; (2) Request
for Deregistration for Registered
Transfer Agents; (3) Notification of
Performance of Bank Services; (4)
Summary of Deposits; and (5) External
Audits.
DATES: Comments must be submitted on
or before September 29, 2008.

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Federal Register / Vol. 73, No. 146 / Tuesday, July 29, 2008 / Notices
Interested parties are
invited to submit written comments to
Herbert J. Messite, Counsel,
202–898–6834, Legal Division, Federal
Deposit Insurance Corporation, 550 17th
Street, NW., Washington, DC 20429. All
comments should refer to (1) Uniform
Application/Uniform Termination for
Municipal Securities Principal or
Representative; (2) Request for
Deregistration for Registered Transfer
Agents; (3) Notification of Performance
of Bank Services; (4) Summary of
Deposits or (5) External Audits.
Comments may be hand-delivered to the
guard station at the rear of the 550 17th
Street Building (located on F Street), on
business days between 7 a.m. and 5 p.m.
[FAX number 202–898–3838; e-mail
address: [email protected]].
Comments may be inspected and
photocopied in the FDIC Public
Information Center, 801 17th Street,
NW., Room 100, Washington, DC,
between 9 a.m. and 4:30 p.m. on
business days.
A copy of the comments may also be
submitted to the OMB desk officer for
the FDIC, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, Room 3208,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Herbert J. Messite, at the address
identified above.
SUPPLEMENTARY INFORMATION:
ADDRESSES:

jlentini on PROD1PC65 with NOTICES

Proposal To Renew the Following
Currently Approved Collections of
Information
1. Title: Uniform Application/
Uniform Termination for Municipal
Securities Principal or Representative.
OMB Number: 3064–0022.
Form Number: MSD–4; MSD–5
Frequency of Response: On occasion.
Affected Public: Business or other
financial institutions.
Estimated Number of Respondents:
75.
Estimated Time per Response: 1 hour.
Total Annual Burden: 75 hours.
General Description of Collection: An
insured state nonmember bank which
serves as a municipal securities dealer
must file Form MSD–4 or MSD–5, as
applicable, to permit an employee to
become associated or to terminate the
association with the municipal
securities dealer. FDIC uses the form to
ensure compliance with the professional
requirements for municipal securities
dealers in accordance with the rules of
the Municipal Securities Rulemaking
Board.
2. Title: Request for Deregistration for
Registered Transfer Agents.

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OMB Number: 3064–0027.
Frequency of Response: On occasion.
Affected Public: Business or other
financial institutions.
Estimated Number of Respondents:
15.
Estimated Time per Response: .42
hours.
Total Annual Burden: 6.3 hours.
General Description of Collection: An
insured nonmember bank or a
subsidiary of such a bank that functions
as a transfer agent may withdraw from
registration as a transfer agent by filing
a written notice of withdrawal with the
FDIC as provided by 12 CFR 341.5.
3. Title: Notification of Performance of
Bank Services
OMB Number: 3064–0029.
Form Number: FDIC 6120/06.
Frequency of Response: On occasion.
Affected Public: Business or other
financial institutions.
Estimated Number of Respondents:
412.
Estimated Time per Response: 1/2
hour.
Total Annual Burden: 206 hours.
General Description of Collection:
Insured state nonmember banks are
required to notify the FDIC, under
section 7 of the Bank Service
Corporation Act (12 U.S.C. 1867), of the
relationship with a bank service
corporation. Form FDIC 6120/06
(Notification of Performance of Bank
Services) may be used by banks to
satisfy the notification requirement.
4. Title: Summary of Deposits.
OMB Number: 3064–0061.
Form Number: 8020/05 (7–95).
Frequency of Response: Annually.
Affected Public: All insured financial
institutions.
Estimated Number of Respondents:
6,000.
Average Estimated Time per
Response: 3 hours.
Total Annual Burden: 18,000 hours.
General Description of Collection: The
Summary of Deposits annual survey
obtains data about the amount of
deposits held at each office of all
insured banks with branches in the
United States. The survey data provides
a basis for measuring the competitive
impact of bank mergers and has
additional use in banking research.
5. Title: External Audits.
OMB Number: 3064–0113.
Frequency of Response: annually.
Affected Public: All insured financial
institutions with total assets of $500
Million or more, and other insured
financial institutions with total assets of
less than $500 Million that voluntarily
choose to comply.
Estimated Number of Respondents:
5,243.

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Average Estimated Time per
Response: (a) Financial institutions with
assets of $1 Billion or more: 69.63
hours; (b) financial institutions with
assets of $500 Million, but less than $1
Billion: 8.42 hours; (c) financial
institutions with total assets less than
$500 Million: 30 minutes.
Total Annual Burden: 65,612 hours.
General Description of Collection:
FDIC’s regulations at 12 CFR 363
establish annual independent audit and
reporting requirements for financial
institutions with total assets of $500
Million or more. The requirements
include the submission of an annual
report on their financial statements,
recordkeeping about management
deliberations regarding external
auditing and reports about changes in
auditors. The information collected is
used to facilitate early identification of
problems in financial management at
financial institutions.
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
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 these collections. All
comments will become a matter of
public record.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. E8–17256 Filed 7–28–08; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL RESERVE SYSTEM
Change in Bank Control Notices;
Acquisition of Shares of Bank or Bank
Holding Companies
The notificants listed below have
applied under the Change in Bank

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File Typeapplication/pdf
File TitleDocument
SubjectExtracted Pages
AuthorU.S. Government Printing Office
File Modified2008-07-29
File Created2008-07-29

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