[Federal Register Volume 75, Number 73 (Friday, April 16, 2010)]
[Notices]
[Pages 19973-19974]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-8675]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

SUMMARY: Background. Notice is hereby given of the final approval of 
proposed information collections by the Board of Governors of the 
Federal Reserve System (Board) under OMB delegated authority, as per 5 
CFR 1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). Board-approved collections of information are incorporated 
into the official OMB inventory of currently approved collections of 
information. Copies of the Paperwork Reduction Act Submission, 
supporting statements and approved collection of information 
instrument(s) 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.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer --Michelle Shore--Division of Research and Statistics, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202-452-
3829).
    OMB Desk Officer--Shagufta Ahmed --Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503.
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following reports:
    1. Report title: Written Security Program for State Member Banks.
    Agency form number: FR 4004.
    OMB Control number: 7100-0112.
    Frequency: On occasion.
    Reporters: State member banks.
    Estimated annual reporting hours: 22 hours.
    Estimated average hours per response: 0.5 hours.
    Number of respondents: 43.
    General description of report: This recordkeeping requirement is 
mandatory pursuant to section 3 of the Bank Protection Act [12 U.S.C. 
1882(a)] and Regulation H [12 CFR 208.61]. Because written security 
programs are maintained at state member banks, no issue of 
confidentiality under the Freedom of Information Act normally arises. 
However, copies of such documents included in examination work papers 
would, in such form, be confidential pursuant to exemption 8 of the 
Freedom of Information Act [5 U.S.C. 552(b)(8)].
    Abstract: Each state member bank must develop and implement a 
written security program and maintain it in the bank's records. This 
program should include a requirement to install security devices and 
should establish procedures that satisfy minimum standards in the 
regulation, with the security officer determining the need for 
additional security devices and procedures based on the location of the 
banking office. There is no formal reporting form and the information 
is not submitted to the Federal Reserve.
    Current Actions: On February 2, 2010, the Federal Reserve published 
a notice in the Federal Register (75 FR 5320) requesting public comment 
for 60 days on the extension, without revision, of the FR 4004. The 
comment period for this notice expired on April 5, 2010. No comments 
were received.
    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 and FR MSD-5.
    OMB control number: 7100-0100 and 7100-0101.
    Frequency: On occasion.
    Reporters: State member banks and foreign dealer banks engaging in 
activities as municipal securities dealers.
    Estimated annual reporting hours: FR MSD-4, 48 hours; and FR MSD-5, 
36 hours.
    Estimated average hours per response: FR MSD-4, 1 hour; and FR MSD-
5, 0.25 hours.
    Number of respondents: FR MSD-4, 48; and FR MSD-5, 144.
    General description of report: These information collections are 
mandatory pursuant to the Federal Reserve Act (12 U.S.C. 248(a)(1)) for 
state member banks and (12 U.S.C. 3105(c)(2)) for foreign bank branches 
and agencies and are given confidential treatment (5 U.S.C. 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.
    Current Actions: On February 2, 2010, the Federal Reserve published 
a notice in the Federal Register (75 FR 5320) requesting public comment 
for 60 days on the extension, without revision, of the FR MSD-4 and FR 
MSD-5. The comment period for this notice expired on April 5, 2010. No 
comments were received.
    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 and 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.
    Estimated annual reporting hours: FR G-FIN, 10 hours; and FR G-
FINW, 2 hours.
    Estimated average hours per response: FR G-FIN, 1 hour; and FR G-
FINW, 0.25 hours.
    Number of respondents: FR G-FIN, 10; and FR G-FINW, 8.
    General description of report: These information collections are 
mandatory pursuant to the Securities and Exchange Act of 1934 (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 
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.
    Current Actions: On February 2, 2010, the Federal Reserve published 
a notice in the Federal Register (75 FR 5320) requesting public comment 
for 60 days on the extension, without revision, of the FR G-FIN and FR 
G-FINW. The comment period for this notice expired on April 5, 2010. No 
comments were received.


[[Page 19974]]


    Board of Governors of the Federal Reserve System, April 12, 
2010.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 2010-8675 Filed 4-15-10; 8:45 am]
BILLING CODE 6210-01-P