[Federal Register Volume 75, Number 159 (Wednesday, August 18, 2010)]
[Notices]
[Page 51168]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-20361]


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DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Consumer Protections for Depository Institution Sales of 
Insurance

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The proposed information collection request (ICR) described 
below has been submitted to the Office of Management and Budget (OMB) 
for review and approval, as required by the Paperwork Reduction Act of 
1995. OTS is soliciting public comments on the proposal.

DATES: Submit written comments on or before September 17, 2010. A copy 
of this ICR, with applicable supporting documentation, can be obtained 
from RegInfo.gov at http://www.reginfo.gov/public/do/PRAMain.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to OMB and OTS at these addresses: 
Office of Information and Regulatory Affairs, Attention: Desk Officer 
for OTS, U.S. Office of Management and Budget, 725--17th Street, NW., 
Room 10235, Washington, DC 20503, or by fax to (202) 395-6974; and 
Information Collection Comments, Chief Counsel's Office, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to 
(202) 906-6518, or by e-mail to [email protected]. 
OTS will post comments and the related index on the OTS Internet Site 
at http://www.ots.treas.gov. In addition, interested persons may 
inspect comments at the Public Reading Room, 1700 G Street, NW., by 
appointment. To make an appointment, call (202) 906-5922, send an e-
mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or send a facsimile transmission to 
(202) 906-7755.

FOR FURTHER INFORMATION CONTACT: For further information or to obtain a 
copy of the submission to OMB, please contact Ira L. Mills at 
[email protected], (202) 906-6531, or facsimile number (202) 906-
6518, Regulations and Legislation Division, Chief Counsel's Office, 
Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Title of Proposal: Consumer Protection for Depository Institution 
Sales of Insurance.
    OMB Number: 1550-0106.
    Form Number: N/A.
    Regulation requirement: 12 CFR Part 536.
    Description: These information collections are required under 
section 305 of the Gramm-Leach-Bliley Act (GLB Act), Public Law 106-
102. Section 305 of the GLB Act required the Office of the Comptroller 
of the Currency, Board of Governors of the Federal Reserve System, 
Federal Deposit Insurance Corporation, and Office of Thrift Supervision 
to prescribe joint consumer protection regulations. OTS's regulations 
are found at 12 CFR part 536. The regulations apply to retail sales 
practices, solicitations, advertising, and offers of any insurance 
product by a depository institution or by other persons performing 
these activities at an office of the institution or on behalf of the 
institution. Section 305 requires those performing such activities to 
disclose certain information to consumers and to obtain consumers' 
acknowledgements.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 765.
    Estimated Burden Hours per Response: 1.5 minutes.
    Estimated Number of Responses: 629,660.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 15,742 hours.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: August 12, 2010.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2010-20361 Filed 8-17-10; 8:45 am]
BILLING CODE 6720-01-P