[Federal Register Volume 72, Number 64 (Wednesday, April 4, 2007)]
[Notices]
[Pages 16409-16410]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-6196]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY


Office of the Assistant Secretary for International Affairs; 
Survey of Foreign Ownership of U.S. Securities

AGENCY: Departmental Offices, Department of the Treasury.

ACTION: Notice of reporting requirements.

-----------------------------------------------------------------------

SUMMARY: By this Notice, the Department of the Treasury is informing 
the public that it is conducting a mandatory survey of foreign 
ownership of U.S. securities as of June 30, 2007. This Notice 
constitutes legal notification to all United States persons (defined 
below) who meet the reporting requirements set forth in this Notice 
that they must respond to, and comply with, this survey. Additional 
copies of the reporting forms SHLA (2007) and instructions may be 
printed from the Internet at: http://www.treas.gov/tic/forms-sh.html.
    Definition: A U.S. person is any individual, branch, partnership, 
associated group, association, estate, trust, corporation, or other 
organization (whether or not organized under the laws of any State), 
and any government (including a foreign government, the United States 
Government, a state, provincial, or local government, and any agency, 
corporation, financial institution, or other entity or instrumentality 
thereof, including a government-sponsored agency), who resides in the 
United States or is subject to the jurisdiction of the United States.
    Who Must Report: The panel for this survey is based upon the level 
of foreign holdings of U.S. securities reported on the June 2004 
benchmark survey of foreign holdings of U.S. securities, and will 
consist mostly of the largest reporters on that survey. Entities

[[Page 16410]]

required to report will be contacted individually by the Federal 
Reserve Bank of New York. Entities not contacted by the Federal Reserve 
Bank of New York have no reporting responsibilities.
    What to Report: This report will collect information on foreign 
resident holdings of U.S. securities, including equities, short-term 
debt securities (including selected money market instruments), and 
long-term debt securities.
    How to Report: Copies of the survey forms and instructions, which 
contain complete information on reporting procedures and definitions, 
can be obtained by contacting the survey staff of the Federal Reserve 
Bank of New York at (212) 720-6300, e-mail: [email protected]. The 
mailing address is: Federal Reserve Bank of New York, Statistics 
Function, 4th Floor, 33 Liberty Street, New York, NY 10045-0001. 
Inquiries can also be made to Mr. William L. Griever, Federal Reserve 
Board of Governors, at (202) 452-2924, e-mail: 
[email protected]; or to Dwight Wolkow at (202) 622-1276, e-
mail: [email protected].
    When to Report: Data should be submitted to the Federal Reserve 
Bank of New York, acting as fiscal agent for the Department of the 
Treasury, by August 31, 2007.
    Paperwork Reduction Act Notice: This data collection has been 
approved by the Office of Management and Budget (OMB) in accordance 
with the Paperwork Reduction Act and assigned control number 1505-0123. 
An agency may not conduct or sponsor, and a person is not required to 
respond to, a collection of information unless it displays a valid 
control number assigned by OMB. The estimated average annual burden 
associated with this collection of information is 486 hours per report 
for the largest custodians of securities, and 110 hours per report for 
the largest issuers of securities that have data to report and are not 
custodians. Comments concerning the accuracy of this burden estimate 
and suggestions for reducing this burden should be directed to the 
Department of the Treasury, Office of International Affairs, Attention 
Administrator, International Portfolio Investment Data Reporting 
Systems, Room 5422, Washington, DC 20220, and to OMB, Attention Desk 
Officer for the Department of the Treasury, Office of Information and 
Regulatory Affairs, Washington, DC 20503.

Dwight Wolkow,
Administrator, International Portfolio Investment Data Reporting 
Systems.
[FR Doc. E7-6196 Filed 4-3-07; 8:45 am]
BILLING CODE 4811-42-P