[Federal Register Volume 81, Number 63 (Friday, April 1, 2016)]
[Notices]
[Pages 18939-18940]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-07350]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Agency Information Collection Activities; Information Collection 
Renewal; Submission for OMB Review; Securities Exchange Act Disclosure 
Rules and Securities of Federal Savings Associations

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY:  The OCC, 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 a continuing 
information collection, as required by the Paperwork Reduction Act of 
1995 (PRA).
    In accordance with the requirements of the PRA, the OCC may not 
conduct or sponsor, and respondents are not required to respond to, an 
information collection unless it displays a currently valid Office of 
Management and Budget (OMB) control number.
    The OCC is soliciting comment concerning the renewal of its 
information collection titled, ``Securities Exchange Act Disclosure 
Rules and Securities of Federal Savings Associations.'' The OCC also is 
giving notice that it has sent the collection to OMB for review.

DATES: Comments must be received by May 2, 2016.

ADDRESSES:  Because paper mail in the Washington, DC area and at the 
OCC is subject to delay, commenters are encouraged to submit comments 
by email, if possible. Comments may be sent to: Legislative and 
Regulatory Activities Division, Office of the Comptroller of the 
Currency, Attention: 1557-0106, 400 7th Street SW., suite 3E-218, mail 
stop 9W-11, Washington, DC 20219. In addition, comments may be sent by 
fax to (571) 465-4326 or by electronic mail to [email protected]. 
You may personally inspect and photocopy comments at the OCC, 400 7th 
Street SW., Washington, DC 20219. For security reasons, the OCC 
requires that visitors make an appointment to inspect comments. You may 
do so by calling (202) 649-6700 or, for persons who are deaf or hard of 
hearing, TTY, (202) 649-5597. Upon arrival, visitors will be required 
to present valid government-issued photo identification and submit to 
security screening in order to inspect and photocopy comments.
    All comments received, including attachments and other supporting 
materials, are part of the public record and subject to public 
disclosure. Do not include any information in your comment or 
supporting materials that you consider confidential or inappropriate 
for public disclosure.
    Additionally, please send a copy of your comments by mail to: OCC 
Desk Officer, 1557-0106, U.S. Office of Management and Budget, 725 17th 
Street NW., #10235, Washington, DC 20503, or by email to: 
[email protected].

FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, Clearance Officer, 
(202) 649-5490 or, for persons who are deaf or hard of hearing, TTY, 
(202) 649-5597, Legislative and Regulatory Activities Division, Office 
of the Comptroller of the Currency, 400 7th Street SW., Washington, DC 
20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval 
of the following information collection:
    Title: Securities Exchange Act Disclosure Rules and Securities of 
Federal Savings Associations.
    OMB Control No.: 1557-0106.
    Description: This submission covers an existing regulation and 
involves no change to the regulation or to the information collection 
requirements.
    The Securities and Exchange Commission (SEC) is required by statute 
to collect, in accordance with its regulations, certain information and 
documents from any firm that is required to register its stock with the 
SEC.\1\ Federal law requires the OCC to apply similar regulations to 
any national bank or Federal savings association similarly required to 
be registered (those with a class of equity securities held by 2,000 or 
more shareholders).\2\
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    \1\ 15 U.S.C. 78m(a)(1).
    \2\ 15 U.S.C. 78l(i).
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    12 CFR part 11 ensures that a national bank or Federal savings 
association whose securities are subject to registration provides 
adequate information about its operations to current and potential 
shareholders, depositors, and the public. The OCC reviews the 
information to ensure that it complies with Federal law and makes 
public all information required to be filed under the rule. Investors,

[[Page 18940]]

depositors, and the public use the information to make informed 
investment decisions.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals; Businesses or other for-profit.
    Frequency of Response: On occasion.
    Estimated Number of Respondents: 10.
    Estimated Total Annual Burden: 117.
    The OCC issued a notice for 60 days of comment regarding this 
collection on January 20, 2016, 81 FR 3237. No comments were received. 
Comments continue to be requested on:
    (a) Whether the information collections are necessary for the 
proper performance of the OCC's functions, including whether the 
information has practical utility;
    (b) The accuracy of the OCC's estimates of the burden of the 
information collections, including the validity of the methodology and 
assumptions used;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of information collections on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    (e) Estimates of capital or start up costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: March 28, 2016.
Mary Hoyle Gottlieb,
Regulatory Specialist, Office of the Comptroller of the Currency.
[FR Doc. 2016-07350 Filed 3-31-16; 8:45 am]
 BILLING CODE 4810-33-P