[Federal Register Volume 84, Number 76 (Friday, April 19, 2019)]
[Notices]
[Pages 16489-16490]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07876]


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FEDERAL RESERVE SYSTEM


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

AGENCY: Board of Governors of the Federal Reserve System.
SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, without revision, the 
Registration of a Securities Holding Company (FR 2082; OMB No. 7100-
0347).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202) 
452-3829. Telecommunications Device for the Deaf (TDD) users may 
contact (202) 263-4869, Board of Governors of the Federal Reserve 
System, Washington, DC 20551.
    Office of Management and Budget (OMB) Desk Officer--Shagufta 
Ahmed--Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503 or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collection of information requests and 
requirements conducted or sponsored by the Board. Board-approved 
collections of information are incorporated into the official OMB

[[Page 16490]]

inventory of currently approved collections of information. Copies of 
the PRA Submission, supporting statements and approved collection of 
information instrument(s) are placed into OMB's public docket files. 
The Board 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.

Final Approval Under OMB Delegated Authority of the Extension for Three 
Years, Without Revision, of the Following Information Collection

    Report title: Registration of a Securities Holding Company.
    Agency form number: FR 2082.
    OMB control number: 7100-0347.
    Frequency: On occasion.
    Respondents: Securities holding companies (SHCs).
    Estimated number of respondents: 1.
    Estimated average hours per response: 8.
    Estimated annual burden hours: 8.
    General description of report: Section 241.3(a)(1) of the Board's 
Regulation OO requires SHCs that elect to register to become supervised 
SHCs to file the appropriate registration form with the responsible 
Federal Reserve Bank. The registration form, FR 2082, requests from the 
registering SHC an organization chart (including all subsidiaries), 
shareholder reports and financial statements, information regarding the 
SHC's shareholders, senior officers and directors, information 
regarding the methods used by the SHC to monitor and control its 
operations, and information regarding the SHC's foreign bank 
subsidiaries and the bank regulatory system in which these foreign bank 
subsidiaries operate. The information collected by the FR 2082 
registration form is used by the Federal Reserve System to determine 
whether the registrant meets the requirements to become a supervised 
SHC and to complete the registration. This information is not available 
from another source.
    Legal authorization and confidentiality: The FR 2082 registration 
form implemented by section 241.3(a) of Regulation OO (12 CFR 241.3(a)) 
is authorized by section 618(b)(2)(A) of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (12 U.S.C. 1850a(b)(2)(A)). Section 
618(b)(2)(A) requires covered companies that elect to be supervised by 
the Board ``to register by filing with the Board of Governors such 
information and documents as the [Board], by regulation, may prescribe 
as necessary.'' The obligation to submit the FR 2082 registration form 
is required for covered companies that elect to register to become 
supervised SHCs on a one-time basis.
    The information provided on the FR 2082 registration form and in 
connection with the SHC's registration is considered public. However, 
certain personal and biographical information on individuals, which is 
required to be submitted as part of the registration, may be treated as 
confidential under exemption 6 of the Freedom of Information Act 
(FOIA), which protects from disclosure information that ``would 
constitute a clearly unwarranted invasion of personal privacy'' (5 
U.S.C. 552(b)(6)). In addition, certain information submitted in 
connection with the SHC's registration may be exempt from disclosure 
under exemption 4 of the FOIA, which protects confidential commercial 
or financial information that is reasonably likely to result in 
substantial competitive harm if disclosed (5 U.S.C. 552(b)(4)). If an 
SHC seeks confidential treatment of any information submitted as part 
of its registration under exemption 4 of the FOIA, the SHC must submit 
such a request in accordance with section 261.15 of the Board's Rules 
Regarding Availability of Information (12 CFR 261.15). In addition, 
information for which confidential treatment is sought under exemption 
4 or 6 of the FOIA, must be labelled as confidential, accompanied by a 
request for confidential treatment submitted in writing concurrently 
with the filing of the registration (or related submissions), and the 
confidential treatment request must provide a detailed justification as 
to why confidential treatment is warranted for each portion of the 
registration (or submission) for which confidentiality is requested.
    Current actions: On January 31, 2019, the Board published a notice 
in the Federal Register (84 FR 716) requesting public comment for 60 
days on the extension, without revision, of the Registration of a 
Securities Holding Company. The comment period for this notice expired 
on April 1, 2019. The Board did not receive any comments.

    Board of Governors of the Federal Reserve System, April 16, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-07876 Filed 4-18-19; 8:45 am]
 BILLING CODE 6210-01-P