82 FR 61566 - Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0022 & -0027)
FEDERAL DEPOSIT INSURANCE CORPORATION Federal Register Volume 82, Issue 248 (December 28, 2017)
Federal Register Volume 82, Issue 248 (December 28, 2017)
| Page Range | 61566-61567 | |
| FR Document | 2017-28068 |
[Federal Register Volume 82, Number 248 (Thursday, December 28, 2017)] [Notices] [Pages 61566-61567] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-28068] ======================================================================= ----------------------------------------------------------------------- FEDERAL DEPOSIT INSURANCE CORPORATION Agency Information Collection Activities: Proposed Collection Renewals; Comment Request (3064-0022 & -0027) AGENCY: Federal Deposit Insurance Corporation (FDIC). ACTION: Notice and request for comment. ----------------------------------------------------------------------- SUMMARY: The FDIC, 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 the renewal of existing information collections, as required by the Paperwork Reduction Act of 1995. Currently, the FDIC is soliciting comment on renewal of the information collections described below. DATES: Comments must be submitted on or before February 26, 2018. ADDRESSES: Interested parties are invited to submit written comments to the FDIC by any of the following methods:http://www.FDIC.gov/regulations/laws/federal/notices.html. Email: [email protected]. Include the name and number of the collection in the subject line of the message. Mail: Manny Cabeza (202-898-3767). Counsel, MB 3007, Federal Deposit Insurance Corporation, 550 17th Street NW, Washington, DC 20429. Hand Delivery: Comments may be hand-delivered to the guard station at the rear of the 17th Street Building (located on F Street), on business days between 7:00 a.m. and 5:00 p.m. All comments should refer to the relevant OMB control number. A copy of the comments may also be submitted to the OMB desk officer for the FDIC: Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Washington, DC 20503. FOR FURTHER INFORMATION CONTACT: Manny Cabeza (202-898-3767) at the FDIC address noted above. SUPPLEMENTARY INFORMATION: Proposal to renew the following currently approved collections of information: 1. Title: Uniform Application and Termination Notice for Municipal Securities Principal or Representative Associated with a Bank Municipal Securities Dealer. OMB Number: 3064-0022. Form Number: MSD-4 and MSD-5 Affected Public: Individuals and Insured state nonmember banks and state savings associations. [[Page 61567]] Burden Estimate: -------------------------------------------------------------------------------------------------------------------------------------------------------- Average time Estimated Source and burden type Number of Annual frequency Total per response annual burden respondents responses (minutes) (hours) -------------------------------------------------------------------------------------------------------------------------------------------------------- Form MSD-4 Reporting........................... 2 On Occasion............................ 2 60 2 Form MSD-5 Reporting........................... 2 On Occasion............................ 2 15 0.5 --------------- Total Estimated Annual Burden.............. .............. ....................................... .............. .............. 2.5 -------------------------------------------------------------------------------------------------------------------------------------------------------- There is no change in the method or substance of the collection. The overall reduction in burden hours is a result of economic fluctuation. In particular, the number of respondents has decreased while the reporting frequency and the estimated time per response remain the same. General Description of Collection: The 1975 Amendments to the Securities Exchange Act of 1934 established a comprehensive framework for the regulation of the activities of municipal securities dealers. Under Section 15B(a) of the Securities Exchange Act, municipal securities dealers which are banks, or separately identifiable departments or divisions of banks engaging in municipal securities activities, are required to be registered with the Securities and Exchange Commission in accordance with such rules as the Municipal Securities Rulemaking Board (MSRB), a rulemaking authority established by the 1975 Amendments, may prescribe as necessary or appropriate in the public interest or for the protection of investors. One of the areas in which the Act directed the MSRB to promulgate rules is the qualifications of persons associated with municipal securities dealers as municipal securities principals and municipal securities representatives. The MSRB Rules require persons who are or seek to be associated with municipal securities dealers as municipal securities principals or municipal securities representatives to provide certain background information and conversely, require the municipal securities dealers to obtain the information from such persons. Generally, the information required to be furnished relates to employment history and professional background including any disciplinary sanctions and any claimed bases for exemption from MSRB examination requirements. The FDIC and the other two Federal bank regulatory agencies, the Comptroller of the Currency, and the Federal Reserve Board, have prescribed Forms MSD-4 to satisfy these requirements and have prescribed Form MSD-5 for notification by a bank municipal securities dealer that a municipal securities principal's or a municipal securities representative's association with the dealer has terminated and the reason for such termination. State nonmember banks and state savings associations that are municipal security dealers submit these forms, as applicable, to the FDIC as their appropriate regulatory agency for each person associated with the dealer as a municipal securities principal or municipal securities representative. 2. Title: Request for Deregistration for Registered Transfer Agents. OMB Number: 3064-0027 Form Number: 6342/12 Affected Public: Insured state nonmember banks and state savings associations. Burden Estimate: -------------------------------------------------------------------------------------------------------------------------------------------------------- Estimated Source and burden type Number of Annual frequency Total Average time annual burden respondents responses per response (hours) -------------------------------------------------------------------------------------------------------------------------------------------------------- Form 6342/12 Reporting......................... 1 On Occasion............................ 1 0.42 0.42 -------------------------------------------------------------------------------------------------------------------------------------------------------- There is no change in the method or substance of the collection. There is an overall reduction in burden hours which is the result of (1) economic fluctuation reflected by a decrease in the number of FDIC- supervised institutions and (2) a decrease in the number of requests for deregistration of a registered transfer agent forms submitted to the FDIC. General Description of Collection: Under the Securities Exchange Act of 1934 (15 U.S.C. 78q-1), an insured nonmember bank (or a subsidiary of such a bank) that functions as a transfer agent may withdraw from registration as a transfer agent by filing a written notice of withdrawal with the FDIC. The FDIC requires such banks to file FDIC Form 6342/12 as the written notice of withdrawal. Request for Comment: Comments are invited on: (a) Whether the collections of information are necessary for the proper performance of the FDIC's functions, including whether the information has practical utility; (b) the accuracy of the 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; and (d) ways to minimize the burden of the collections of information on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, on December 22, 2017. Federal Deposit Insurance Corporation. Valerie J. Best, Assistant Executive Secretary. [FR Doc. 2017-28068 Filed 12-27-17; 8:45 am] BILLING CODE 6714-01-P
![61566 Federal Register / Vol. 82, No. 248 / Thursday, December 28, 2017 / Notices
1995 (44 U.S.C. 3501–3520), the Federal commence the implementation of text- FEDERAL DEPOSIT INSURANCE
Communications Commission (FCC or to-911 service with an initial deadline of CORPORATION
Commission) invites the general public December 31, 2014 for all covered text
and other Federal agencies to take this providers to be capable of supporting Agency Information Collection
opportunity to comment on the text-to-911 service. The Second Report Activities: Proposed Collection
following information collections. and Order also provided that covered Renewals; Comment Request (3064–
Comments are requested concerning: text providers would then have a six- 0022 & –0027)
Whether the proposed collection of month implementation period. They AGENCY: Federal Deposit Insurance
information is necessary for the proper must begin routing all 911 text messages Corporation (FDIC).
performance of the functions of the to a Public Safety Answering Point
Commission, including whether the ACTION: Notice and request for comment.
(PSAP) by June 30, 2015 or within six
information shall have practical utility; months of a valid PSAP request for text- SUMMARY: The FDIC, as part of its
the accuracy of the Commission’s continuing effort to reduce paperwork
to-911 service, whichever is later. To
burden estimate; ways to enhance the and respondent burden, invites the
implement these requirements, the
quality, utility, and clarity of the general public and other Federal
information collected; ways to minimize Commission seeks to collect information
primarily for a database in which PSAPs agencies to take this opportunity to
the burden of the collection of comment on the renewal of existing
information on the respondents, voluntarily register that they are
technically ready to receive text information collections, as required by
including the use of automated the Paperwork Reduction Act of 1995.
collection techniques or other forms of messages to 911. As PSAPs become text-
ready, they may either register in the Currently, the FDIC is soliciting
information technology; and ways to comment on renewal of the information
further reduce the information PSAP database (or submit a notification
to PS Docket Nos. 10–255 and 11–153), collections described below.
collection burden on small business
or provide other written notification DATES: Comments must be submitted on
concerns with fewer than 25 employees.
OMB Control Number: 3060–1204. reasonably acceptable to a covered text or before February 26, 2018.
Title: Deployment of Text-to-911. messaging provider. Either measure ADDRESSES: Interested parties are
Form Number: Not applicable. taken by the PSAP constitutes sufficient invited to submit written comments to
Type of Review: Extension of a notification pursuant to the rules in the the FDIC by any of the following
currently approved collection. Second Report and Order. PSAPs and methods:
Respondents: Businesses or other-for- covered text providers may also agree to • http://www.FDIC.gov/regulations/
profit and state, local and tribal laws/federal/notices.html.
an alternative implementation
governments.
timeframe (other than six months). • Email: comments@fdic.gov. Include
Number of Respondents and the name and number of the collection
Responses: 2,649 Respondents; 51,730 Covered text providers must notify the
in the subject line of the message.
FCC of the dates and terms of any such
Responses. • Mail: Manny Cabeza (202–898–
Estimated Time per Response: 1–8 alternate timeframe within 30 days of
3767). Counsel, MB 3007, Federal
hours. the parties’ agreement. Additionally, the Deposit Insurance Corporation, 550 17th
Frequency of Response: One-time; rules adopted by the Second Report and Street NW, Washington, DC 20429.
annual reporting requirements and Order include other information • Hand Delivery: Comments may be
third-party disclosure requirement. collections for third party notifications hand-delivered to the guard station at
Obligation to Respond: Required to necessary for the implementation of the rear of the 17th Street Building
obtain or retain benefits. Statutory text-to-911, including notifications to (located on F Street), on business days
authority for these collections is consumers, covered text providers, and between 7:00 a.m. and 5:00 p.m.
contained in 47 U.S.C. 151, 152, 154(i), the Commission. These notifications are All comments should refer to the
154(j), 154(o), 251(e), 303(b), 303(g), essential to ensure that all affected relevant OMB control number. A copy
303(r), 316, and 403. parties are aware of the limitations, of the comments may also be submitted
Total Annual Burden: 69,883 hours. capabilities, and status of text-to-911 to the OMB desk officer for the FDIC:
Total Annual Cost: No Cost.
services. These information collections Office of Information and Regulatory
Privacy Act Impact Assessment: No
enable the Commission to meet the Affairs, Office of Management and
Impact(s).
Nature and Extent of Confidentiality: objectives for implementation of text-to- Budget, New Executive Office Building,
There is no need for confidentiality. 911 service and for compliance by Washington, DC 20503.
Needs and Uses: In a Second Report covered text providers with the six- FOR FURTHER INFORMATION CONTACT:
and Order released on August 13, 2014, month implementation period in Manny Cabeza (202–898–3767) at the
FCC 14–118, published at 79 FR 55367, furtherance of the Commission’s core FDIC address noted above.
September 16, 2014, the Commission mission to ensure the public’s safety. SUPPLEMENTARY INFORMATION:
adopted final rules—containing Federal Communications Commission. Proposal to renew the following
information collection requirements—to Marlene H. Dortch,
currently approved collections of
enable the Commission to implement information:
text-to-911 service. The text-to-911 rules Secretary, Office of the Secretary. 1. Title: Uniform Application and
provide enhanced access to emergency [FR Doc. 2017–27980 Filed 12–27–17; 8:45 am] Termination Notice for Municipal
services for people with disabilities and Securities Principal or Representative
sradovich on DSK3GMQ082PROD with NOTICES
BILLING CODE 6712–01–P
fulfilling a crucial role as an alternative Associated with a Bank Municipal
means of emergency communication for Securities Dealer.
the general public in situations where OMB Number: 3064–0022.
sending a text message to 911 as Form Number: MSD–4 and MSD–5
opposed to placing a voice call could be Affected Public: Individuals and
vital to the caller’s safety. The Second Insured state nonmember banks and
Report and Order adopted rules to state savings associations.
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![Federal Register / Vol. 82, No. 248 / Thursday, December 28, 2017 / Notices 61567
Burden Estimate:
Estimated
Average time
Number of Annual Total annual
Source and burden type per response
respondents frequency responses burden
(minutes) (hours)
Form MSD–4 Reporting .................................................... 2 On Occasion ..... 2 60 2
Form MSD–5 Reporting .................................................... 2 On Occasion ..... 2 15 0.5
Total Estimated Annual Burden ................................. ........................ ........................... ........................ ........................ 2.5
There is no change in the method or necessary or appropriate in the public Comptroller of the Currency, and the
substance of the collection. The overall interest or for the protection of Federal Reserve Board, have prescribed
reduction in burden hours is a result of investors. Forms MSD–4 to satisfy these
economic fluctuation. In particular, the One of the areas in which the Act requirements and have prescribed Form
number of respondents has decreased directed the MSRB to promulgate rules MSD–5 for notification by a bank
while the reporting frequency and the is the qualifications of persons municipal securities dealer that a
estimated time per response remain the associated with municipal securities municipal securities principal’s or a
same. dealers as municipal securities municipal securities representative’s
principals and municipal securities association with the dealer has
General Description of Collection: The representatives. The MSRB Rules terminated and the reason for such
1975 Amendments to the Securities require persons who are or seek to be termination. State nonmember banks
Exchange Act of 1934 established a associated with municipal securities and state savings associations that are
comprehensive framework for the dealers as municipal securities municipal security dealers submit these
regulation of the activities of municipal principals or municipal securities forms, as applicable, to the FDIC as their
securities dealers. Under Section 15B(a) representatives to provide certain appropriate regulatory agency for each
of the Securities Exchange Act, background information and conversely, person associated with the dealer as a
municipal securities dealers which are require the municipal securities dealers municipal securities principal or
banks, or separately identifiable to obtain the information from such municipal securities representative.
departments or divisions of banks persons. Generally, the information 2. Title: Request for Deregistration for
engaging in municipal securities required to be furnished relates to Registered Transfer Agents.
activities, are required to be registered employment history and professional
with the Securities and Exchange OMB Number: 3064–0027
background including any disciplinary
Commission in accordance with such sanctions and any claimed bases for Form Number: 6342/12
rules as the Municipal Securities exemption from MSRB examination Affected Public: Insured state
Rulemaking Board (MSRB), a requirements. nonmember banks and state savings
rulemaking authority established by the The FDIC and the other two Federal associations.
1975 Amendments, may prescribe as bank regulatory agencies, the Burden Estimate:
Estimated
Number of Annual Total Average time annual
Source and burden type respondents frequency responses per response burden
(hours)
Form 6342/12 Reporting ................................................... 1 On Occasion ..... 1 0.42 0.42
There is no change in the method or Request for Comment: Comments are Federal Deposit Insurance Corporation.
substance of the collection. There is an invited on: (a) Whether the collections Valerie J. Best,
overall reduction in burden hours of information are necessary for the Assistant Executive Secretary.
which is the result of (1) economic proper performance of the FDIC’s [FR Doc. 2017–28068 Filed 12–27–17; 8:45 am]
fluctuation reflected by a decrease in the functions, including whether the BILLING CODE 6714–01–P
number of FDIC-supervised institutions information has practical utility; (b) the
and (2) a decrease in the number of accuracy of the estimates of the burden
requests for deregistration of a registered of the information collections, including FEDERAL DEPOSIT INSURANCE
transfer agent forms submitted to the the validity of the methodology and CORPORATION
FDIC. assumptions used; (c) ways to enhance
General Description of Collection: the quality, utility, and clarity of the Agency Information Collection
Under the Securities Exchange Act of information to be collected; and (d) Activities: Proposed Collection
1934 (15 U.S.C. 78q–1), an insured ways to minimize the burden of the Renewal; Comment Request (OMB No.
nonmember bank (or a subsidiary of collections of information on 3064–0084)
sradovich on DSK3GMQ082PROD with NOTICES
such a bank) that functions as a transfer respondents, including through the use
AGENCY: Federal Deposit Insurance
agent may withdraw from registration as of automated collection techniques or
Corporation (FDIC).
a transfer agent by filing a written notice other forms of information technology.
ACTION: Notice and request for comment.
of withdrawal with the FDIC. The FDIC All comments will become a matter of
requires such banks to file FDIC Form public record. SUMMARY: The FDIC, as part of its
6342/12 as the written notice of Dated at Washington, DC, on December 22, continuing effort to reduce paperwork
withdrawal. 2017. and respondent burden, invites the
VerDate Sep<11>2014 18:14 Dec 27, 2017 Jkt 244001 PO 00000 Frm 00035 Fmt 4703 Sfmt 4703 E:\FR\FM\28DEN1.SGM 28DEN1](https://thefederalregister.org/doc/82_FR_61814/page/2.svg)
Document Created: 2017-12-28 00:44:04
Document Modified: 2017-12-28 00:44:04
| 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 submitted on or before February 26, 2018. | |
| Contact | Manny Cabeza (202-898-3767) at the | |
| FR Citation | 82 FR 61566 |
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