[Federal Register Volume 62, Number 54 (Thursday, March 20, 1997)]
[Notices]
[Page 13379]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-6960]


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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 of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is 
soliciting comments concerning an information collection titled 
``Notices Required of Government Securities Dealers or Brokers.''

DATES: Comments must be submitted on or before May 20, 1997.

ADDRESSES: Interested parties are invited to submit written comments to 
Steven F. Hanfit, FDIC Clearance Officer, (202) 898-3907, Office of the 
Executive Secretary, Federal Deposit Insurance Corporation, 550 17th 
Street N.W., Washington, D.C. 20429. All comments should refer to 
``Notices Required of Government Securities Dealers or Brokers.'' 
Comments may be hand-delivered to Room F-400, 1776 F Street, N.W., 
Washington, D.C. 20429, on business days between 8:30 a.m. and 5:00 
p.m. [FAX number (202) 898-3838; Internet address: [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: Steven F. Handft, at the address 
identified above.

SUPPLEMENTARY INFORMATION: Proposed to renew the following currently 
approved collection of information:
    Title: Notice Required of Government Securities Dealers or Brokers.
    OMB Number: 3064-0093.
    Frequency of Response: Occasional.
    Affected Public: FDIC-insured state nonmember banks and associated 
persons operating as government securities dealers.
    Estimated Number of Respondents: G-FIN 4; G-FINW 6; G-FIN-4 50; G-
FIN-5 120; Total 180.
    Estimated Time per Response: 1 hour.
    Estimated Total Annual Burden: 180 hours.
    General Description of Collection: The Government Securities Act of 
1986 requires all financial institutions that function as government 
securities brokers and government securities dealers to notify their 
designated federal regulatory agencies of their broker-dealer 
activities. The Board of Governors of the Federal Reserve System has 
responsibility for establishing the G-FIN, a notification of status as 
government securities broker or dealer, and Form G-FINW, a notification 
of termination of status as government securities broker or dealer. The 
Department of the Treasury has responsibility for establishing Form G-
FIN-4, a notification by persons associated with financial institutions 
that are government securities brokers or dealers, and G-FIN-5, a 
notification of termination of association with financial institutions 
that are government securities brokers or dealers.

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 
this collection. All comments will become a matter of public record.

    Dated at Washington, D.C., this 14th day of March, 1997.

Federal Deposit Insurance Corporation.
Jerry L. Langley,
Executive Secretary.
[FR Doc. 97-6960 Filed 3-19-97; 8:45 am]
BILLING CODE 6714-01-M