[Federal Register Volume 69, Number 9 (Wednesday, January 14, 2004)]
[Notices]
[Pages 2140-2141]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-732]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Proposed Collection; 
Comment Request

AGENCY: Board of Governors of the Federal Reserve System
SUMMARY: On June 15, 1984, the Office of Management and Budget (OMB) 
delegated to the Board of Governors of the Federal Reserve System 
(Board) its approval authority under the Paperwork Reduction Act, as 
per 5 CFR 1320.16, to approve of and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board under conditions set forth in 5 CFR 1320 
Appendix A.1. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the OMB 83-Is and supporting 
statements and approved collection of information instruments are 
placed into OMB's public docket files. The Federal Reserve may not 
conduct or sponsor, and the respondent is not required to respond to, 
an information collection that has been extended, revised, or 
implemented on or after October 1, 1995, unless it displays a currently 
valid OMB control number.

[[Page 2141]]

Request for comment on information collection proposals.

    The following information collections, which are being handled 
under this delegated authority, have received initial Board approval 
and are hereby published for comment. At the end of the comment period, 
the proposed information collections, along with an analysis of 
comments and recommendations received, will be submitted to the Board 
for final approval under OMB delegated authority. Comments are invited 
on the following:
    a. whether the proposed collection of information is necessary for 
the proper performance of the Federal Reserve's functions; including 
whether the information has practical utility;
    b. the accuracy of the Federal Reserve's estimate of the burden of 
the proposed 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 information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology.

DATES: Comments must be submitted on or before March 15, 2004.

ADDRESSES: Comments may be mailed to Ms. Jennifer J. Johnson, 
Secretary, Board of Governors of the Federal Reserve System, 20th 
Street and Constitution Avenue, N.W., Washington, DC 20551. However, 
because paper mail in the Washington area and at the Board of Governors 
is subject to delay, please consider submitting your comments by e-mail 
to [email protected], or faxing them to the Office of 
the Secretary at 202-452-3819 or 202-452-3102. Members of the public 
may inspect comments in Room MP-500 between 9:00 a.m. and 5:00 p.m. on 
weekdays pursuant to 261.12, except as provided in 261.14, of the 
Board's Rules Regarding Availability of Information, 12 CFR 261.12 and 
261.14.
    A copy of the comments may also be submitted to the OMB desk 
officer for the Board: Joseph Lackey, Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, DC 20503.

FOR FURTHER INFORMATION CONTACT: A copy of the proposed form and 
instructions, the Paperwork Reduction Act Submission (OMB 83-I), 
supporting statement, and other documents that will be placed into 
OMB's public docket files once approved may be requested from the 
agency clearance officer, whose name appears below.
    Cindy Ayouch, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the 
Federal Reserve System, Washington, DC 20551. Telecommunications Device 
for the Deaf (TDD) users may contact (202-263-4869), Board of Governors 
of the Federal Reserve System, Washington, DC 20551.

Proposal to approve under OMB delegated authority the extension for 
three years, without revision, of the following reports:

    1. Report title: Reports of Money Market Mutual Fund Assets
    Agency form number: FR 2051a, b
    OMB control number: 7100-0012
    Frequency: Weekly and Monthly
    Reporters: Money Market Mutual Funds
    Annual reporting hours: 7,140 hours
    Estimated average hours per response: 3 minutes (FR 2051a), 12 
minutes (FR 2051b)
    Number of respondents: 2,100 (FR 2051a), 700 (FR 2051b)
    General description of report: This information collection is 
voluntary (12 U.S.C. 353 et. seq.) and is given confidential treatment 
[5 U.S.C. 552(b)(4)].
    Abstract: The weekly FR 2051a collects data on total shares 
outstanding for approximately 2,100 money market mutual funds (MMMFs) 
and the monthly FR 2051b collects data on total net assets and 
portfolio holdings for approximately 700 funds. The data are used to 
construct the monetary aggregates and for the analysis of current money 
market conditions and banking developments.
    2. Report title: Uniform Application for Municipal Securities 
Principal or Municipal Securities Representative Associated with a Bank 
Municipal Securities Dealer; Uniform Termination Notice for Municipal 
Securities Principal or Municipal Securities Representative Associated 
with a Bank Municipal Securities Dealer
    Agency form number: FR MSD-4, FR MSD-5
    OMB control number: 7100-0100, 7100-0101
    Frequency: On occasion
    Reporters: State member banks, bank holding companies, and foreign 
dealer banks engaging in activities as municipal securities dealers.
    Annual reporting hours: 30: FR MSD-4; 18: FR MSD-5
    Estimated average hours per response: 1.00: FR MSD-4; 0.25: FR MSD-
5
    Number of respondents: 30: FR MSD-4; 70: FR MSD-5
    General description of report: These information collections are 
mandatory (15 U.S.C. Sec. Sec.  78o-4, 78q and 78w) and are given 
confidential treatment (5 U.S.C. Sec.  552(b)(6)).
    Abstract: The FR MSD-4 collects information, such as personal 
history and professional qualifications, on an employee whom the bank 
wishes to assume the duties of a municipal securities principal or 
representative. The FR MSD-5 collects the date of, and reason for, 
termination of such an employee.
    3. Report title: Notice By Financial Institutions of Government 
Securities Broker or Government Securities Dealer Activities; Notice By 
Financial Institutions of Termination of Activities as a Government 
Securities Broker or Government Securities Dealer
    Agency form number: FR G-FIN, FR G-FINW
    OMB control number: 7100-0224
    Frequency: On occasion
    Reporters: State member banks, foreign banks, uninsured state 
branches or state agencies of foreign banks, commercial lending 
companies owned or controlled by foreign banks, and Edge corporations.
    Annual reporting hours: 25: FR G-FIN; 1: FR G-FINW
    Estimated average hours per response: 1.00: FR G-FIN; 0.25: FR G-
FINW
    Number of respondents: 25: FR G-FIN; 4: FR G-FINW
    General description of report: These information collections are 
mandatory (15 U.S.C. 78o-5(a)(1)(B)) and are not given confidential 
treatment.
    Abstract: The Government Securities Act of 1986 (the Act) requires 
financial institutions to notify their appropriate regulatory authority 
(ARA) of their intent to engage in government securities broker or 
dealer activity, to amend information submitted previously, and to 
record their termination of such activity. The Federal Reserve Board 
uses the information in its supervisory capacity to measure compliance 
with the Act.

    Board of Governors of the Federal Reserve System, January 8, 
2004.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 04-732 Filed 1-13-04; 8:45 am]
BILLING CODE 6210-01-S