[Federal Register Volume 77, Number 136 (Monday, July 16, 2012)]
[Notices]
[Page 41787]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-17177]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of information collection to be submitted to OMB for 
review and approval under the Paperwork Reduction Act.

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SUMMARY: In accordance with requirements of the Paperwork Reduction Act 
of 1995 (``PRA''), 44 U.S.C. 3501 et seq., the FDIC may not conduct or 
sponsor, and the respondent is not required to respond to, an 
information collection unless it displays a currently valid Office of 
Management and Budget (OMB) control number. 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 the renewal of an existing information collection, as 
required by the PRA. On May 4, 2012 (77 FR 26551), the FDIC solicited 
public comment for a 60-day period on renewal of the following 
information collection: Recordkeeping/Confirmation Requirements for 
Securities Transactions (OMB No. 3064-0028). No comments were received. 
Therefore, the FDIC hereby gives notice of submission of its request 
for renewal to OMB for review.

DATES: Comments must be submitted on or before August 15, 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 
NYA-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 a.m. and 5 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.

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 10th day of July 2012.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 2012-17177 Filed 7-13-12; 8:45 am]
BILLING CODE 6714-01-P