[Federal Register Volume 77, Number 87 (Friday, May 4, 2012)]
[Notices]
[Pages 26551-26552]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-10824]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Proposed Collection 
Renewal; 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 renewal of an existing 
information collection, as required by the Paperwork Reduction Act of 
1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comments 
on renewal of the information collection described below.

DATES: Comments must be submitted on or before July 3, 2012.

ADDRESSES: Interested parties are invited to submit written comments to 
the FDIC by any of the following methods:
     http://www.FDIC.gov/regulations/laws/federal/notices.html
     Email: [email protected] Include the name of the 
collection in the subject line of the message.
     Mail: Leneta G. Gregorie (202-898-3719), Counsel, Room NY-
5050, Federal Deposit Insurance Corporation, 550 17th Street NW., 
Washington, DC 20429.
     Hand Delivery: Comments may be hand-delivered to the guard 
station at the rear of the 17th Street Building (located on F Street), 
on business days between 7:00 a.m. and 5:00 p.m.
    All comments should refer to the relevant OMB control number. A 
copy of the comments may also be submitted to the OMB desk officer for 
the FDIC: Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Washington, DC 
20503.

FOR FURTHER INFORMATION CONTACT: Leneta G. Gregorie, at the FDIC 
address above.

SUPPLEMENTARY INFORMATION: Proposal to renew the following currently 
approved collection of information:
    Title: Recordkeeping and Confirmation Requirements for Securities 
Transactions.
    OMB Number: 3064-0028.
    Frequency of Response: On occasion.
    Affected Public: Business or other financial institutions.
    Estimated Number of Respondents: 4534.
    Average Time per Response: 27.91 hours.
    Total Annual Burden: 126,544 hours.
    General Description of Collection: The information collection 
requirements are contained in 12 CFR part 344. The regulation's purpose 
is to ensure that purchasers of securities in transactions effected by 
insured state nonmember banks are provided with adequate records 
concerning the transactions. The regulation is also designed to ensure 
that insured state nonmember banks maintain adequate records and 
controls with respect to the securities transactions they effect.

[[Page 26552]]

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. All 
comments will become a matter of public record.

    Dated at Washington, DC, this 1st day of May 2012.

Federal Deposit Insurance Corporation.
Robert Feldman,
Executive Secretary.
[FR Doc. 2012-10824 Filed 5-3-12; 8:45 am]
BILLING CODE 6714-01-P