82 FR 13204 - Financial Research Advisory Committee
DEPARTMENT OF THE TREASURY Federal Register Volume 82, Issue 45 (March 9, 2017)
Federal Register Volume 82, Issue 45 (March 9, 2017)
| Page Range | 13204-13205 | |
| FR Document | 2017-04532 |
[Federal Register Volume 82, Number 45 (Thursday, March 9, 2017)] [Notices] [Pages 13204-13205] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-04532] ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Financial Research Advisory Committee AGENCY: Office of Financial Research, Treasury. ACTION: Financial Research Advisory Committee--Solicitation of applications for Committee membership. ----------------------------------------------------------------------- SUMMARY: The Office of Financial Research is soliciting applications for membership on its Financial Research Advisory Committee. FOR FURTHER INFORMATION CONTACT: Susan Stiehm, Designated Federal Officer, Office of Financial Research, Department of the Treasury, (212) 376-9808. SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee Act, (Pub. L. 92-463, 5 U.S.C. App. 2 Sec. 1-16, as amended), the Treasury Department established a Financial Research Advisory Committee (Committee) to provide advice and recommendations to the Office of Financial Research (OFR) and to assist the OFR in carrying out its duties and authorities. (I) Authorities of the OFR Background The OFR was established under Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub. L. 111-203, July 21, 2010). The purpose of the OFR is to support the Financial Stability Oversight Council (Council) in fulfilling the purposes and duties of the Council and to support the Council's member agencies by: --Collecting data on behalf of the Council, and providing such data to the Council and member agencies; --Standardizing the types and formats of data reported and collected; --Performing applied research and essential long-term research; --Developing tools for risk measurement and monitoring; --Performing other related services; --Making the results of the activities of the OFR available to financial regulatory agencies; and --Assisting such member agencies in determining the types and formats of data authorized by the Dodd-Frank Act to be collected by such member agencies. (II) Scope and Membership of the Financial Research Advisory Committee The Financial Research Advisory Committee was established to advise the OFR on issues related to the responsibilities of the office. It may provide its advice, recommendations, analysis, and information directly to the OFR and the OFR may share the Committee's advice and recommendations with the Secretary of the Treasury or other Treasury officials. The OFR will share information with the Committee as the Director determines will be helpful in allowing the Committee to carry out its role. The Financial Research Advisory Committee is an advisory committee that was established on April 6, 2012 and renewed its charter on March 8, 2016. The OFR is currently soliciting applications for membership in order to provide for rotation of membership, as provided in its original and renewed charter, as well as to provide for a diverse and balanced body with a variety of interests, backgrounds, and viewpoints represented. Providing for such diversity enhances the views and advice offered by the Committee. [[Page 13205]] (III) Application for Advisory Committee Appointment Treasury seeks applications from individuals representative of a constituency within the fields of economics, financial institutions and markets, statistical analysis, financial markets analysis, econometrics, applied sciences, risk management, data management, information standards, technology, or other areas related to OFR's duties and authorities. The terms of members chosen to serve may vary. Membership on the Committee is limited to the individuals appointed and is non-transferrable. Regular attendance is essential to the effective operation of the Committee. Some members of the Committee may be required to adhere to the conflict of interest rules applicable to Special Government Employees, as such employees are defined in 18 U.S.C. 202(a). These rules include relevant provisions in 18 U.S.C. related to criminal activity, Standards of Ethical Conduct for Employees of the Executive Branch (5 CFR part 2635), and Executive Order 12674 (as modified by Executive Order 12731). To apply, an applicant must submit an appropriately-detailed resume and a cover letter describing their interest, reasons for application, and qualifications. In accordance with Department of Treasury Directive 21-03, a clearance process includes fingerprints, tax checks, and a Federal Bureau of Investigation criminal check. Applicants must state in their application that they agree to submit to these pre-appointment checks. The application period for interested candidates will extend to April 14, 2017. Applications should be submitted in sufficient time to be received by the close of business on the closing date and should be sent to [email protected] or by mail to: Office of Financial Research, Department of the Treasury, Attention: Susan Stiehm, 1500 Pennsylvania Avenue NW., MT-1330, Washington, DC 20220. Dated: March 2, 2017. Barbara Shycoff, Chief of External Affairs. [FR Doc. 2017-04532 Filed 3-8-17; 8:45 am] BILLING CODE 4810-25-P
![13204 Federal Register / Vol. 82, No. 45 / Thursday, March 9, 2017 / Notices
burden, invites the general public and respond to, a collection of information the Office of Financial Research (OFR)
other Federal agencies to take this unless the collection of information and to assist the OFR in carrying out its
opportunity to comment on proposed displays a valid OMB control number. duties and authorities.
and/or continuing information Books or records relating to a collection
(I) Authorities of the OFR
collections, as required by the of information must be retained as long
Paperwork Reduction Act of 1995. as their contents may become material Background
Currently, the IRS is soliciting in the administration of any internal
comments concerning an existing final revenue law. Generally, tax returns and The OFR was established under Title
regulation, CO–88–90 (TD 8530), tax return information are confidential, I of the Dodd-Frank Wall Street Reform
Limitation on Net Operating Loss as required by 26 U.S.C. 6103. and Consumer Protection Act (Pub. L.
Carryforwards and Certain Built-In Request for Comments: Comments 111–203, July 21, 2010). The purpose of
Losses Following Ownership Change; submitted in response to this notice will the OFR is to support the Financial
Special Rule for Value of a loss be summarized and/or included in the Stability Oversight Council (Council) in
Corporation Under the Jurisdiction of a request for OMB approval. All fulfilling the purposes and duties of the
Court in a Title 11 Case (Section 1.382– comments will become a matter of Council and to support the Council’s
9). public record. Comments are invited on: member agencies by:
DATES: Written comments should be (a) Whether the collection of —Collecting data on behalf of the
received on or before May 8, 2017 to be information is necessary for the proper Council, and providing such data to
assured of consideration. performance of the functions of the the Council and member agencies;
ADDRESSES: Direct all written comments agency, including whether the —Standardizing the types and formats
to Tuawana Pinkston, Internal Revenue information shall have practical utility; of data reported and collected;
Service, Room 6526, 1111 Constitution (b) the accuracy of the agency’s estimate
of the burden of the collection of —Performing applied research and
Avenue NW., Washington, DC 20224. essential long-term research;
information; (c) ways to enhance the
FOR FURTHER INFORMATION CONTACT:
quality, utility, and clarity of the —Developing tools for risk
Requests for additional information or
information to be collected; (d) ways to measurement and monitoring;
copies of the regulations should be
minimize the burden of the collection of —Performing other related services;
directed to Lanita Van Dyke at Internal
information on respondents, including
Revenue Service, Room 6526, 1111 —Making the results of the activities of
through the use of automated collection
Constitution Avenue NW., Washington, the OFR available to financial
techniques or other forms of information
DC 20224, or through the internet at regulatory agencies; and
technology; and (e) estimates of capital
Lanita.VanDyke@irs.gov. —Assisting such member agencies in
or start-up costs and costs of operation,
SUPPLEMENTARY INFORMATION: maintenance, and purchase of services determining the types and formats of
Title: Limitation on Net Operating to provide information. data authorized by the Dodd-Frank
Loss Carryforwards and Certain Built-In Act to be collected by such member
Losses Following Ownership Change; Approved: February 22, 2017.
agencies.
Special Rule for Value of a Loss Tuawana Pinkston,
Corporation Under the Jurisdiction of a Supervisory Tax Analyst. (II) Scope and Membership of the
Court in a Title 11 Case. [FR Doc. 2017–04588 Filed 3–8–17; 8:45 am] Financial Research Advisory
OMB Number: 1545–1324. Regulation BILLING CODE 4830–01–P
Committee
Project Number: CO–88–90 (TD 8530). The Financial Research Advisory
Abstract: This regulation provides Committee was established to advise the
guidance on determining the value of a DEPARTMENT OF THE TREASURY OFR on issues related to the
loss corporation following an ownership responsibilities of the office. It may
change to which section 382(1)(6) of the Financial Research Advisory
Committee provide its advice, recommendations,
Internal Revenue Code applies. Under analysis, and information directly to the
Code sections 382 and 383, the value of AGENCY: Office of Financial Research, OFR and the OFR may share the
the loss corporation, together with Treasury. Committee’s advice and
certain other factors, determines the rate recommendations with the Secretary of
ACTION: Financial Research Advisory
at which certain pre-change tax the Treasury or other Treasury officials.
attributes may be used to offset post- Committee—Solicitation of applications
for Committee membership. The OFR will share information with
change income and tax liability. the Committee as the Director
Current Actions: There is no change to SUMMARY: The Office of Financial determines will be helpful in allowing
this existing regulation. Research is soliciting applications for the Committee to carry out its role.
Type of Review: Extension of a membership on its Financial Research
currently approved collection. The Financial Research Advisory
Advisory Committee. Committee is an advisory committee
Affected Public: Business or other for-
FOR FURTHER INFORMATION CONTACT: that was established on April 6, 2012
profit organizations.
Estimated Number of Respondents: Susan Stiehm, Designated Federal and renewed its charter on March 8,
3,250. Officer, Office of Financial Research, 2016. The OFR is currently soliciting
Department of the Treasury, (212) 376– applications for membership in order to
asabaliauskas on DSK3SPTVN1PROD with NOTICES
Estimated Time per Respondent: 15
minutes. 9808. provide for rotation of membership, as
Estimated Total Annual Burden SUPPLEMENTARY INFORMATION: Pursuant provided in its original and renewed
Hours: 813. to the Federal Advisory Committee Act, charter, as well as to provide for a
The following paragraph applies to all (Pub. L. 92–463, 5 U.S.C. App. 2 § 1–16, diverse and balanced body with a
of the collections of information covered as amended), the Treasury Department variety of interests, backgrounds, and
by this notice: established a Financial Research viewpoints represented. Providing for
An agency may not conduct or Advisory Committee (Committee) to such diversity enhances the views and
sponsor, and a person is not required to provide advice and recommendations to advice offered by the Committee.
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![Federal Register / Vol. 82, No. 45 / Thursday, March 9, 2017 / Notices 13205
(III) Application for Advisory required to adhere to the conflict of Applicants must state in their
Committee Appointment interest rules applicable to Special application that they agree to submit to
Government Employees, as such these pre-appointment checks.
Treasury seeks applications from employees are defined in 18 U.S.C. The application period for interested
individuals representative of a 202(a). These rules include relevant candidates will extend to April 14,
constituency within the fields of provisions in 18 U.S.C. related to 2017. Applications should be submitted
economics, financial institutions and criminal activity, Standards of Ethical in sufficient time to be received by the
markets, statistical analysis, financial Conduct for Employees of the Executive close of business on the closing date and
markets analysis, econometrics, applied Branch (5 CFR part 2635), and Executive should be sent to OFR_FRAC@
sciences, risk management, data Order 12674 (as modified by Executive ofr.treasury.gov or by mail to: Office of
management, information standards, Order 12731). Financial Research, Department of the
technology, or other areas related to To apply, an applicant must submit Treasury, Attention: Susan Stiehm, 1500
OFR’s duties and authorities. The terms an appropriately-detailed resume and a Pennsylvania Avenue NW., MT–1330,
of members chosen to serve may vary. cover letter describing their interest, Washington, DC 20220.
Membership on the Committee is reasons for application, and
limited to the individuals appointed Dated: March 2, 2017.
qualifications. In accordance with
and is non-transferrable. Regular Department of Treasury Directive 21–03, Barbara Shycoff,
attendance is essential to the effective a clearance process includes Chief of External Affairs.
operation of the Committee. Some fingerprints, tax checks, and a Federal [FR Doc. 2017–04532 Filed 3–8–17; 8:45 am]
members of the Committee may be Bureau of Investigation criminal check. BILLING CODE 4810–25–P
asabaliauskas on DSK3SPTVN1PROD with NOTICES
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Document Created: 2017-03-09 04:59:11
Document Modified: 2017-03-09 04:59:11
| 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 | Financial Research Advisory Committee--Solicitation of applications for Committee membership. | |
| Contact | Susan Stiehm, Designated Federal Officer, Office of Financial Research, Department of the Treasury, (212) 376-9808. | |
| FR Citation | 82 FR 13204 |
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