[Federal Register Volume 86, Number 235 (Friday, December 10, 2021)]
[Notices]
[Pages 70497-70498]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-26736]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to the Office of 
Management and Budget

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.
    Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, 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 collections of information conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. The OMB inventory, as well as copies of the 
PRA Submission, supporting statements, and approved collection of 
information

[[Page 70498]]

instrument(s) are available at https://www.reginfo.gov/public/do/PRAMain. These documents are also available on the Federal Reserve 
Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance 
officer, whose name appears above.

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: Certain nonbank companies that own at least one 
registered securities broker or dealer and which elect to become a 
supervised securities holding company (SHC).
    Estimated number of respondents: 1.
    Estimated average hours per response: 8.
    Estimated annual burden hours: 8.
    General description of report: The FR 2082 registration form is 
used whenever an SHC elects to register to become subject to 
supervision by the Board pursuant to section 618 of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (Dodd-Frank Act).\1\
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    \1\ See Dodd-Frank Act, Public Law 111-203, 124 Stat. 1376 
(2010).
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    The FR 2082 requests the following from the registering SHC: An 
organization chart (including all subsidiaries); information regarding 
certain of the SHC's 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; information regarding the 
SHC's foreign subsidiaries that are subject to comprehensive 
consolidated supervision and the regulatory system in which these 
foreign subsidiaries operate; and information regarding any other 
regulatory capital framework to which the SHC is subject. 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.
    Legal authorization and confidentiality: The FR 2082 is authorized 
by section 618(b)(2)(A) of the Dodd-Frank Act, which requires companies 
that elect SHC status to register by filing with the Board such 
information and documents as the Board, by regulation, may prescribe. 
Submission of the FR 2082 is required to obtain a benefit.
    The information provided on the FR 2082 form and in connection with 
an SHC's registration is generally considered public. Firms may request 
certain information provided in connection with the FR 2082 be kept 
confidential under the Freedom of Information Act (FOIA) in accordance 
with the Board's Rules Regarding Availability of Information.\2\ 
Confidential commercial or financial information that is both 
customarily and actually treated as private may be kept confidential 
under FOIA exemption 4.\3\ Personal and biographical information of 
individuals required as part of the registration may be treated as 
confidential under FOIA exemption 6 if its disclosure ``would 
constitute a clearly unwarranted invasion of personal privacy.'' \4\
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    \2\ 12 CFR 261.17.
    \3\ 12 U.S.C. 552(b)(4).
    \4\ 12 U.S.C. 552(b)(6).
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    Current actions: On September 1, 2021, the Board published a notice 
in the Federal Register (86 FR 49029) 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 November 1, 2021. The Board did not receive any comments.

    Board of Governors of the Federal Reserve System, December 6, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-26736 Filed 12-9-21; 8:45 am]
BILLING CODE 6210-01-P