81_FR_19002 81 FR 18939 - Agency Information Collection Activities; Information Collection Renewal; Submission for OMB Review; Securities Exchange Act Disclosure Rules and Securities of Federal Savings Associations

81 FR 18939 - Agency Information Collection Activities; Information Collection Renewal; Submission for OMB Review; Securities Exchange Act Disclosure Rules and Securities of Federal Savings Associations

DEPARTMENT OF THE TREASURY
Office of the Comptroller of the Currency

Federal Register Volume 81, Issue 63 (April 1, 2016)

Page Range18939-18940
FR Document2016-07350

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.

Federal Register, Volume 81 Issue 63 (Friday, April 1, 2016)
[Federal Register Volume 81, Number 63 (Friday, April 1, 2016)]
[Notices]
[Pages 18939-18940]
From the Federal Register Online  [www.thefederalregister.org]
[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.

-----------------------------------------------------------------------

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 prainfo@occ.treas.gov. 
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: 
oira_submission@omb.eop.gov.

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



                                                                                     Federal Register / Vol. 81, No. 63 / Friday, April 1, 2016 / Notices                                           18939

                                                    NHTSA/NVS/Crash%20Avoidance/                              Issued in Washington, DC, on March 25,              calling (202) 649–6700 or, for persons
                                                    Technical%20Publications/2014/                          2016 under authority delegated pursuant to            who are deaf or hard of hearing, TTY,
                                                    812075_CybersecurityBestPractices.pdf.                  49 CFR 1.95.                                          (202) 649–5597. Upon arrival, visitors
                                                    Considering hardware, software, and                     Paul A. Hemmersbaugh,                                 will be required to present valid
                                                    network and cloud security,                             Chief Counsel.                                        government-issued photo identification
                                                    manufacturers should consider                           [FR Doc. 2016–07353 Filed 3–29–16; 4:15 pm]           and submit to security screening in
                                                    developing a simulator, using case                      BILLING CODE 4910–59–P                                order to inspect and photocopy
                                                    scenarios and threat modeling on all                                                                          comments.
                                                    systems, sub-systems, and devices, to                                                                            All comments received, including
                                                    test for safety risks, including                        DEPARTMENT OF THE TREASURY                            attachments and other supporting
                                                    cybersecurity vulnerabilities, at all steps                                                                   materials, are part of the public record
                                                    in the manufacturing process for the                    Office of the Comptroller of the                      and subject to public disclosure. Do not
                                                                                                            Currency                                              include any information in your
                                                    entire supply chain, to implement an
                                                                                                                                                                  comment or supporting materials that
                                                    effective risk mitigation plan. See id.                 Agency Information Collection                         you consider confidential or
                                                       Manufacturers of emerging                            Activities; Information Collection                    inappropriate for public disclosure.
                                                    technologies and the motor vehicles on                  Renewal; Submission for OMB Review;                      Additionally, please send a copy of
                                                    which such technology is installed have                 Securities Exchange Act Disclosure                    your comments by mail to: OCC Desk
                                                    a continuing obligation to proactively                  Rules and Securities of Federal                       Officer, 1557–0106, U.S. Office of
                                                    identify safety concerns and mitigate the               Savings Associations                                  Management and Budget, 725 17th
                                                    risks of harm. If a manufacturer                        AGENCY: Office of the Comptroller of the              Street NW., #10235, Washington, DC
                                                    discovers or is otherwise made aware of                 Currency (OCC), Treasury.                             20503, or by email to: oira_submission@
                                                    any defects, noncompliances, or other                   ACTION: Notice and request for comment.
                                                                                                                                                                  omb.eop.gov.
                                                    unreasonable risks to safety after the                                                                        FOR FURTHER INFORMATION CONTACT:
                                                    vehicle and/or technology has been in                   SUMMARY:   The OCC, as part of its                    Shaquita Merritt, Clearance Officer,
                                                    safe operation for some time, then it                   continuing effort to reduce paperwork                 (202) 649–5490 or, for persons who are
                                                    should strongly consider promptly                       and respondent burden, invites the                    deaf or hard of hearing, TTY, (202) 649–
                                                    contacting the appropriate NHTSA                        general public and other Federal                      5597, Legislative and Regulatory
                                                    personnel to determine the necessary                    agencies to take this opportunity to                  Activities Division, Office of the
                                                    next steps. Where a manufacturer fails                  comment on a continuing information                   Comptroller of the Currency, 400 7th
                                                    to adequately address a safety concern,                 collection, as required by the Paperwork              Street SW., Washington, DC 20219.
                                                    NHTSA, when appropriate, will                           Reduction Act of 1995 (PRA).                          SUPPLEMENTARY INFORMATION: The OCC
                                                                                                              In accordance with the requirements                 is proposing to extend OMB approval of
                                                    explicitly address that concern through
                                                                                                            of the PRA, the OCC may not conduct                   the following information collection:
                                                    its enforcement authority.                              or sponsor, and respondents are not                      Title: Securities Exchange Act
                                                       Applicability/Legal Statement: This                  required to respond to, an information                Disclosure Rules and Securities of
                                                    proposed Enforcement Guidance                           collection unless it displays a currently             Federal Savings Associations.
                                                    Bulletin sets forth NHTSA’s current                     valid Office of Management and Budget                    OMB Control No.: 1557–0106.
                                                    views on the topic of emerging                          (OMB) control number.                                    Description: This submission covers
                                                    automotive technology and suggests                        The OCC is soliciting comment
                                                                                                                                                                  an existing regulation and involves no
                                                    guiding principles and best practices to                concerning the renewal of its
                                                                                                                                                                  change to the regulation or to the
                                                    be utilized by motor vehicle and                        information collection titled, ‘‘Securities
                                                                                                                                                                  information collection requirements.
                                                    equipment manufacturers in this                         Exchange Act Disclosure Rules and
                                                                                                                                                                     The Securities and Exchange
                                                    context. This proposed Bulletin is not a                Securities of Federal Savings
                                                                                                                                                                  Commission (SEC) is required by statute
                                                    final agency action and is intended as                  Associations.’’ The OCC also is giving
                                                                                                                                                                  to collect, in accordance with its
                                                    guidance only. This proposed Bulletin                   notice that it has sent the collection to
                                                                                                                                                                  regulations, certain information and
                                                    does not have the force or effect of law.               OMB for review.
                                                                                                                                                                  documents from any firm that is
                                                    This Bulletin is not intended, nor can it               DATES: Comments must be received by                   required to register its stock with the
                                                    be relied upon, to create any rights                    May 2, 2016.                                          SEC.1 Federal law requires the OCC to
                                                    enforceable by any party against                        ADDRESSES: Because paper mail in the                  apply similar regulations to any national
                                                    NHTSA, the U.S. Department of                           Washington, DC area and at the OCC is                 bank or Federal savings association
                                                    Transportation, or the United States.                   subject to delay, commenters are                      similarly required to be registered (those
                                                    These recommended practices do not                      encouraged to submit comments by                      with a class of equity securities held by
                                                    establish any defense to any violations                 email, if possible. Comments may be                   2,000 or more shareholders).2
                                                                                                            sent to: Legislative and Regulatory                      12 CFR part 11 ensures that a national
                                                    of the Safety Act, or regulations
                                                                                                            Activities Division, Office of the                    bank or Federal savings association
                                                    thereunder, or violation of any statutes
                                                                                                            Comptroller of the Currency, Attention:               whose securities are subject to
                                                    or regulations that NHTSA administers.
                                                                                                            1557–0106, 400 7th Street SW., suite                  registration provides adequate
                                                    This Bulletin may be revised in writing                 3E–218, mail stop 9W–11, Washington,
                                                    without notice to reflect changes in the                                                                      information about its operations to
                                                                                                            DC 20219. In addition, comments may
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                                                                                                                                  current and potential shareholders,
                                                    Agency’s views and analysis, or to                      be sent by fax to (571) 465–4326 or by                depositors, and the public. The OCC
                                                    clarify and update text.                                electronic mail to prainfo@occ.treas.gov.             reviews the information to ensure that it
                                                      Authority: 49 U.S.C. 30101–30103, 30116–              You may personally inspect and                        complies with Federal law and makes
                                                    30121, 30166; delegation of authority at 49             photocopy comments at the OCC, 400                    public all information required to be
                                                    CFR 1.95 and 49 CFR 501.8.                              7th Street SW., Washington, DC 20219.                 filed under the rule. Investors,
                                                                                                            For security reasons, the OCC requires
                                                                                                            that visitors make an appointment to                    1 15   U.S.C. 78m(a)(1).
                                                                                                            inspect comments. You may do so by                      2 15   U.S.C. 78l(i).



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                                                    18940                            Federal Register / Vol. 81, No. 63 / Friday, April 1, 2016 / Notices

                                                    depositors, and the public use the                         In accordance with the requirements                   OMB Control No.: 1557–0206.
                                                    information to make informed                            of the PRA, the OCC may not conduct                      Description: This submission requests
                                                    investment decisions.                                   or sponsor, and the respondent is not                 the renewal of PRA clearance for an
                                                      Type of Review: Extension of a                        required to respond to, an information                existing regulation and involves no
                                                    currently approved collection.                          collection unless it displays a currently             change to the regulation or to the
                                                      Affected Public: Individuals;                         valid Office of Management and Budget                 information collection requirements.
                                                    Businesses or other for-profit.                         (OMB) control number.                                    Under 12 CFR 23.4(c), national banks
                                                      Frequency of Response: On occasion.                      The OCC is soliciting comment                      must liquidate or release property that
                                                      Estimated Number of Respondents:                      concerning the renewal of its                         is no longer subject to lease (off-lease
                                                    10.                                                     information collection titled, ‘‘Leasing.’’           property) within five years from the date
                                                      Estimated Total Annual Burden: 117.                   The OCC also is giving notice that it has             of the lease expiration. If a national
                                                      The OCC issued a notice for 60 days                   sent the collection to OMB for review.                bank wishes to extend the five-year
                                                    of comment regarding this collection on                 DATES: Comments must be received by                   holding period for up to an additional
                                                    January 20, 2016, 81 FR 3237. No                        May 2, 2016.                                          five years, it must obtain OCC approval.
                                                    comments were received. Comments                        ADDRESSES: Because paper mail in the
                                                                                                                                                                  Permitting a national bank to extend the
                                                    continue to be requested on:                                                                                  holding period may result in cost
                                                                                                            Washington, DC area and at the OCC is
                                                      (a) Whether the information                                                                                 savings. It also may provide flexibility
                                                                                                            subject to delay, commenters are
                                                    collections are necessary for the proper                                                                      for a national bank that experiences
                                                                                                            encouraged to submit comments by
                                                    performance of the OCC’s functions,                                                                           unusual or unforeseen conditions that
                                                                                                            email, if possible. Comments may be
                                                    including whether the information has                                                                         would make it imprudent to dispose of
                                                                                                            sent to: Legislative and Regulatory
                                                    practical utility;                                                                                            the off-lease property prior to the
                                                                                                            Activities Division, Office of the
                                                      (b) The accuracy of the OCC’s                                                                               expiration of the five-year holding
                                                                                                            Comptroller of the Currency, Attention:
                                                    estimates of the burden of the                                                                                period. Section 23.4(c) requires a
                                                                                                            1557–0206, 400 7th Street SW., suite
                                                    information collections, including the                                                                        national bank seeking an extension to
                                                                                                            3E–218, mail stop 9W–11, Washington,
                                                    validity of the methodology and                                                                               provide a clearly convincing
                                                                                                            DC 20219. In addition, comments may                   demonstration as to why any additional
                                                    assumptions used;                                       be sent by fax to (571) 465–4326 or by
                                                      (c) Ways to enhance the quality,                                                                            holding period is necessary. In addition,
                                                                                                            electronic mail to prainfo@occ.treas.gov.             a national bank must value off-lease
                                                    utility, and clarity of the information to              You may personally inspect and
                                                    be collected;                                                                                                 property at the lower of current fair
                                                                                                            photocopy comments at the OCC, 400                    market value or book value promptly
                                                      (d) Ways to minimize the burden of                    7th Street SW., Washington, DC 20219.
                                                    information collections on respondents,                                                                       after the property comes off-lease. These
                                                                                                            For security reasons, the OCC requires                requirements enable the OCC to ensure
                                                    including through the use of automated                  that visitors make an appointment to
                                                    collection techniques or other forms of                                                                       that a national bank is not holding the
                                                                                                            inspect comments. You may do so by                    property for speculative reasons and
                                                    information technology; and                             calling (202) 649–6700 or, for persons
                                                      (e) Estimates of capital or start up                                                                        that the value of the property is
                                                                                                            who are deaf or hard of hearing, TTY,                 recorded in accordance with generally
                                                    costs and costs of operation,
                                                                                                            (202) 649–5597. Upon arrival, visitors                accepted accounting principles (GAAP).
                                                    maintenance, and purchase of services
                                                                                                            will be required to present valid                        Under 12 CFR 23.6, leases are subject
                                                    to provide information.
                                                                                                            government-issued photo identification                to the lending limits prescribed by 12
                                                      Dated: March 28, 2016.                                and submit to security screening in                   U.S.C. 84, as implemented by 12 CFR
                                                    Mary Hoyle Gottlieb,                                    order to inspect and photocopy                        part 32, or, if the lessee is an affiliate of
                                                    Regulatory Specialist, Office of the                    comments.                                             the national bank, to the restrictions on
                                                    Comptroller of the Currency.                               All comments received, including                   transactions with affiliates prescribed by
                                                    [FR Doc. 2016–07350 Filed 3–31–16; 8:45 am]             attachments and other supporting                      12 U.S.C. 371c and 371c–1. Twelve
                                                    BILLING CODE 4810–33–P                                  materials, are part of the public record              U.S.C. 24 contains two separate
                                                                                                            and subject to public disclosure. Do not              provisions authorizing a national bank
                                                                                                            include any information in your                       to acquire personal property for
                                                    DEPARTMENT OF THE TREASURY                              comment or supporting materials that                  purposes of lease financing. Twelve
                                                                                                            you consider confidential or                          U.S.C. 24(Seventh) authorizes leases of
                                                    Office of the Comptroller of the                        inappropriate for public disclosure.                  personal property (Section 24(Seventh)
                                                    Currency                                                   Additionally, please send a copy of                Leases) if the lease is a conforming lease
                                                                                                            your comments by mail to: OCC Desk                    as defined in 12 CFR 23.2(d)(2) and
                                                    Agency Information Collection                           Officer, 1557–0206, U.S. Office of                    represents a noncancelable obligation of
                                                    Activities; Information Collection                      Management and Budget, 725 17th                       the lessee (i.e., the lease serves as the
                                                    Renewal; Submission for OMB Review;                     Street NW., #10235, Washington, DC                    functional equivalent of a loan). See 12
                                                    Leasing                                                 20503, or by email to: oira_submission@               CFR 23.20. A national bank also may
                                                    AGENCY: Office of the Comptroller of the                omb.eop.gov.                                          acquire personal property for purposes
                                                    Currency (OCC), Treasury.                               FOR FURTHER INFORMATION CONTACT:                      of lease financing under the authority of
                                                    ACTION: Notice and request for                          Shaquita Merritt, Clearance Officer,                  12 U.S.C. 24(Tenth) (CEBA Leases).
                                                    comment.                                                (202) 649–5490 or, for persons who are                Section 23.5 requires that if a national
                                                                                                            deaf or hard of hearing, TTY, (202) 649–              bank enters into both types of leases, its
asabaliauskas on DSK3SPTVN1PROD with NOTICES




                                                    SUMMARY:   The OCC, as part of its                      5597, Legislative and Regulatory                      records must distinguish between the
                                                    continuing effort to reduce paperwork                   Activities Division, Office of the                    two types of leases. This information is
                                                    and respondent burden, invites the                      Comptroller of the Currency, 400 7th                  required to establish that the national
                                                    general public and other Federal                        Street SW., Washington, DC 20219.                     bank is complying with the limitations
                                                    agencies to take this opportunity to                    SUPPLEMENTARY INFORMATION: The OCC                    and requirements applicable to the two
                                                    comment on a continuing information                     is proposing to extend OMB approval of                types of leases.
                                                    collection, as required by the Paperwork                the following information collection:                    National banks use the information to
                                                    Reduction Act of 1995 (PRA).                               Title: Leasing.                                    ensure their compliance with applicable


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Document Created: 2016-04-06 00:08:25
Document Modified: 2016-04-06 00:08:25
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice and request for comment.
DatesComments must be received by May 2, 2016.
ContactShaquita 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.
FR Citation81 FR 18939 

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