80 FR 60901 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 80, Issue 195 (October 8, 2015)

Notice is hereby given of the final approval of proposed information collections by the Board of Governors of the Federal Reserve System (Board) under OMB delegated authority. Board-approved collections of information are incorporated into the official OMB inventory of currently approved collections of information. Copies of the Paperwork Reduction Act Submission, supporting statements and approved collection of information instrument(s) are placed into OMB's public docket files. The Federal Reserve 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.

[Federal Register Volume 80, Number 195 (Thursday, October 8, 2015)]
[Notices]
[Pages 60901-60902]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-25664]


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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: Notice is hereby given of the final approval of proposed 
information collections by the Board of Governors of the Federal 
Reserve System (Board) under OMB delegated authority. Board-approved 
collections of information are incorporated into the official OMB 
inventory of currently approved collections of information. Copies of 
the Paperwork Reduction Act Submission, supporting statements and 
approved collection of information instrument(s) are placed into OMB's 
public docket files. The Federal Reserve 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.

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.
    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.
    Final approval under OMB delegated authority of the extension, 
without revision, of the following report:
    Report title: Registration of a Securities Holding Company.
    Agency form number: FR 2082.
    OMB control number: 7100-0347.
    Frequency: On occasion.
    Reporters: Securities holding companies.
    Estimated annual reporting hours: 40 hours.
    Estimated average hours per response: 8 hours.
    Number of respondents: 5.
    General description of report: The FR 2082 is authorized pursuant 
to Section 618 of the Dodd-Frank Act (12 U.S.C. 1850a). The 
institutions' obligation to report is mandatory for companies that 
elect to register under Section 618. The confidentiality of the forms 
required to

[[Page 60902]]

be filed pursuant to section 241.3(b)(3)(i) is covered in specific 
memoranda relating to those forms. With respect to the ``Registration 
of a Securities Holding Company'' form required pursuant to section 
241.3(a)(1), the information submitted on and with the form is normally 
public. However, a company may seek confidential treatment for any such 
information that it believes is exempt from disclosure under FOIA (5 
U.S.C. 552(b)(1)-(9)). A determination of confidentiality would be made 
on a case-by-case basis.
    Abstract: On June 4, 2012, the Federal Reserve published a final 
rulemaking for Securities Holding Companies (Regulation OO) in the 
Federal Register (77 FR 32881). Regulation OO implements section 618 of 
the Dodd-Frank Act, which permits nonbank companies that own at least 
one registered securities broker or dealer, and that are required by a 
foreign regulator or provision of foreign law to be subject to 
comprehensive consolidated supervision, to register with the Board and 
subject themselves to supervision by the Board.
    Current Actions: On July 23, 2015, the Federal Reserve published a 
notice in the Federal Register (80 FR 43777) requesting public comment 
on the proposed extension, without revision, of the FR 2082. The 
comment period for the notice expired on September 21, 2015. The 
Federal Reserve did not receive any comments on the proposal, and the 
FR 2082 will be extended without revision as proposed.
    Final approval under OMB delegated authority of the extension, with 
revision, of the following report:
    Report title: Request for Proposal and Request for Price 
Quotations.
    Agency form number: RFP and RFPQ.
    OMB control number: 7100-0180.
    Frequency: On occasion.
    Reporters: Vendors of goods and services.
    Estimated annual reporting hours: RFP: 17,500 hours; RFPQ: 4,400 
hours; Subcontractor report: 50 hours.
    Estimated average hours per response: RFP: 50 hours; RFPQ: 2 hours; 
Subcontractor report: 20 minutes.
    Number of respondents: RFP: 350; RFPQ: 2,200; Subcontractor report: 
150.
    General description of report: The RFP and RFPQ are required to 
obtain a benefit and are authorized by Sections 10(3), 10(4), and 11(1) 
of the Federal Reserve Act (12 U.S.C. 243, 244, and 248(l)). With 
regard to the Subcontracting Report, Section 342(c) of the Dodd-Frank 
Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) 
requires the Federal Reserve to develop and implement standards and 
procedures to assess the diversity policies and practices in all 
business and activities of the agency at all levels, including 
procurement, insurance, and all types of contracts. (12 U.S.C. 
5452(c)(1)). ``Such procedure shall include a written statement, in a 
form and with such content as the Director [of OMWI] shall prescribe . 
. . that a contractor shall ensure . . . the fair inclusion of women 
and minorities in the workforce of the contractor and, as applicable, 
subcontractors.'' (12 U.S.C. 5452(c)(2)).
    Proposals from vendors that are not accepted and incorporated into 
contracts with the Federal Reserve would be protected from Freedom of 
Information (FOIA) disclosure by 41 U.S.C. 4702, which expressly 
prohibits FOIA disclosure of these proposals. Moreover, during the 
solicitation process vendors are permitted to mark information 
contained in their proposals that is proprietary or confidential with 
the label RESTRICTED DATA. For information so marked, the Federal 
Reserve also may determine on a case-by-case basis whether FOIA 
exemption 4, which applies to ``trade secrets and commercial or 
financial information,'' would protect information from disclosure 
pursuant to a FOIA request (5 U.S.C. 552(b)(4)).
    Abstract: The Federal Reserve uses the RFP and the RFPQ as 
appropriate to obtain competitive proposals and contracts from approved 
vendors of goods and services. This information collection is required 
to collect data on prices, specifications of goods and services, and 
qualifications of prospective vendors.
    Current Actions: On July 23, 2015, the Federal Reserve published a 
notice in the Federal Register (80 FR 43777) requesting public comment 
on the proposed extension, with revision, of the RFP and RFPQ. In 
connection with the RFP and RFPQ process, the Federal Reserve proposed 
to require prime contractors to submit a Subcontracting Report that 
would collect information about their subcontractors' commitments 
toward diversity and inclusion of minority-owned and women-owned 
vendors in the subcontractor's activities. The comment period for the 
notice expired on September 21, 2015. The Federal Reserve received one 
comment, which stated that contracting programs should be open to all 
and that no one should be discriminated against nor granted 
preferential treatment because of skin color, national origin, or sex. 
The RFP and RFPQ will be extended with revision as proposed.

    Board of Governors of the Federal Reserve System, October 5, 
2015.
Robert deV. Frierson,
Secretary of the Board.
[FR Doc. 2015-25664 Filed 10-7-15; 8:45 am]
 BILLING CODE 6210-01-P