30-Day Federal Register Notice

FR2-0093 Notices Required of Government Securitues Dealers or Brokers 84 FR 3776 Feb 13 2019.pdf

Notices Required of Government Securities Dealers or Brokers (Insured State Nonmember Banks)

30-Day Federal Register Notice

OMB: 3064-0093

Document [pdf]
Download: pdf | pdf
3776

Federal Register / Vol. 84, No. 30 / Wednesday, February 13, 2019 / Notices

On
November 27, 2018, the FDIC requested
comment for 60 days on a proposal to
renew the information collection
described below. No comments were
received. The FDIC hereby gives notice
of its plan to submit to OMB a request

SUPPLEMENTARY INFORMATION:

to approve the renewal of this
collection, and again invites comment
on this renewal.
Proposal to renew the following
currently approved collection of
information:

1. Title: Furnisher Information
Accuracy and Integrity (FACTA 312).
OMB Number: 3064–0161.
Form Number: None.
Affected Public: State nonmember
banks.
Burden Estimate:

khammond on DSKBBV9HB2PROD with NOTICES

SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents

Frequency of
response

1

40 hours ...........

Annually ...........

141,320

3,533

1

14 minutes .......

On Occasion ....

16,487

........................

........................

..........................

..........................

157,807

Obligation to
respond

Procedures to Enhance the Accuracy and Integrity of Information
furnished to Consumer Reporting
Agencies Under Section 312 of
the Fair and Accurate Credit
Transaction Act.
Distribution of Notices in Response
to Direct Disputes.

Reporting ...........

Mandatory ..........

3,533

Third-Party Disclosure.

Mandatory ..........

Total Hourly Burden .................

............................

............................

General Description of Collection:
Sec. 312 of the Fair and Accurate Credit
Transaction Act of 2003 (FACT Act)
requires the FDIC to: Issue guidelines
for furnishers regarding the accuracy
and integrity of the information about
consumers furnished to consumer
reporting agencies; prescribe regulations
requiring furnishers to establish
reasonable policies/procedures to
implement the guidelines; and issue
regulations identifying the
circumstances where a furnisher must
reinvestigate a dispute about the
accuracy of information in a consumer
report based on a direct request from a
consumer.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours is the result
of economic fluctuation. In particular,
the number of respondents has
decreased while the hours per response
and frequency of responses have
remained the same.
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
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.

VerDate Sep<11>2014

17:22 Feb 12, 2019

Jkt 247001

Estimated
frequency of
responses

Dated at Washington, DC, on February 8,
2019.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019–02173 Filed 2–12–19; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (OMB No.
3064–0093)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collection described below
(control Number 3064–0095; 3064–
0145). On November 23, 2018, the FDIC
requested comment for 60 days on a
proposal to renew this information
collection. No comments were received.
The FDIC hereby gives notice of its plan
to submit to OMB a request to approve
the renewal of this collection, and again
invites comment on the renewal.
DATES: Comments must be submitted on
or before March 15, 2019.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
SUMMARY:

PO 00000

Frm 00030

Total annual
estimated
burden
(hours)

Estimated
time per
response

Type of burden

Fmt 4703

Sfmt 4703

• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Counsel, MB–3007, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
• Hand Delivery: 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.
All comments should refer to the
relevant OMB control number. 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,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Counsel, 202–898–3767,
[email protected], MB–3007, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: On
November 23, 2018, the FDIC requested
comment for 60 days on a proposal to
renew the information collections
described below.1 No comments were
received. The FDIC hereby gives notice
of its plan to submit to OMB a request
to approve the renewal of this
information collection, and again invites
comment on the renewal.
Proposal to renew the following
currently approved collection of
information:
1. Title: Notices Required of
Government Securities Dealers or
Brokers.
OMB Number: 3064–0093.
1 83

E:\FR\FM\13FEN1.SGM

FR 59382 (November 23, 2018).

13FEN1

Federal Register / Vol. 84, No. 30 / Wednesday, February 13, 2019 / Notices
Form Number: G–FIN; G–FINW; G–
FIN4 & G–FIN5.

Affected Public: Insured state
nonmember banks acting as government
securities brokers and dealers.

3777

Burden Estimate:

khammond on DSKBBV9HB2PROD with NOTICES

SUMMARY OF ANNUAL BURDEN
Estimated
number of
respondents

Estimated
frequency of
responses

Estimated
time per
response

1

On Occasion ..

1 hour ............

1

Mandatory ......

1

On Occasion ..

15 minutes .....

.25

Reporting .......

Mandatory ......

1

On Occasion ..

2 hours ...........

2

Reporting .......

Mandatory ......

5

On Occasion ..

2 hours ...........

10

........................

........................

........................

........................

........................

13.25

Information collection description

Type of
burden

Obligation
to respond

Notice by Financial Institutions of Government Securities Broker or Government Securities Dealer Activities (G–
FIN).
Notice By Financial Institutions of Termination of Activities as a Government
Securities Broker of Government Securities Dealer (G–FINW).
Disclosure Form for Person Associated
with a Financial Institution Securities
Broker or Dealer (G–FIN–4).
Uniform Termination Notice for Persons
Associated With a Financial Institution
Government Securities Broker of
Dealer (G–FIN–5).

Reporting .......

Mandatory ......

Reporting .......

Total Estimated Annual Burden ......

General Description of Collection: The
Government Securities Act of 1986
requires all financial institutions acting
as government securities brokers and
dealers to notify their Federal regulatory
agencies of their broker-dealer activities,
unless exempted from the notice
requirements by Treasury Department
regulation.
The Form G–FIN and Form G–FINW
are used by insured State nonmember
banks that are government securities
brokers or dealers to notify the FDIC of
their status or that they have ceased to
function as a government securities
broker or dealer.
The Form G–FIN–4 is used by
associated persons of insured State
nonmember banks that are government
securities brokers or dealers to provide
certain information to the bank and to
the FDIC concerning employment,
residence, and statutory
disqualification.
The Form G–FIN–5 is used by insured
State nonmember banks that are
government securities brokers or dealers
to notify the FDIC that an associated
person is no longer associated with the
government securities broker or dealer
function of the bank.
There is no change in the method or
substance of the collection. The overall
reduction in burden hours (from 17
hours to 13.25 hours) is the result of
economic fluctuation. In particular, the
number of respondents has decreased
from 17 to 8 while the hours per
response and frequency of responses
have remained the same.
Request for Comment: Comments are
invited on: (a) Whether the collection of

VerDate Sep<11>2014

17:22 Feb 12, 2019

Jkt 247001

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
collection of information on
respondents, including through the use
of automated collection techniques or
other forms of information technology.
All comments will become a matter of
public record.
Dated at Washington, DC, on February 8,
2019.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2019–02180 Filed 2–12–19; 8:45 am]
BILLING CODE 6714–01–P

FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request (OMB No.
3064–0095)
Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
AGENCY:

The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal

SUMMARY:

PO 00000

Frm 00031

Fmt 4703

Sfmt 4703

Estimated
annual burden
(hours)

agencies to take this opportunity to
comment on the renewal of the existing
information collection described below
(control Number 3064–0095; 3064–
0145). On December 10, 2018, the FDIC
requested comment for 60 days on a
proposal to renew this information
collection. No comments were received.
The FDIC hereby gives notice of its plan
to submit to OMB a request to approve
the renewal of this collection, and again
invites comment on the renewal.
Comments must be submitted on
or before March 15, 2019.

DATES:

Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• https://www.FDIC.gov/regulations/
laws/federal.
• Email: [email protected]. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Counsel, MB–3007, Federal
Deposit Insurance Corporation, 550 17th
Street NW, Washington, DC 20429.
• Hand Delivery: 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.
All comments should refer to the
relevant OMB control number. 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,
Washington, DC 20503.

ADDRESSES:

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