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)
Office of the Comptroller of the Currency
Federal Register Volume 81, Issue 63 (April 1, 2016)
| Page Range | 18939-18940 | |
| FR Document | 2016-07350 |
[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] ======================================================================= ----------------------------------------------------------------------- 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\ --------------------------------------------------------------------------- \1\ 15 U.S.C. 78m(a)(1). \2\ 15 U.S.C. 78l(i). --------------------------------------------------------------------------- 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
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice and request for comment. | |
| Dates | Comments must be received by May 2, 2016. | |
| 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. | |
| FR Citation | 81 FR 18939 |
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