82_FR_8575 82 FR 8559 - Forms Submitted to the Office of Management and Budget for Extension of Clearance

82 FR 8559 - Forms Submitted to the Office of Management and Budget for Extension of Clearance

SELECTIVE SERVICE SYSTEM

Federal Register Volume 82, Issue 16 (January 26, 2017)

Page Range8559-8560
FR Document2017-01791

Federal Register, Volume 82 Issue 16 (Thursday, January 26, 2017) 
[Federal Register Volume 82, Number 16 (Thursday, January 26, 2017)]
[Notices]
[Pages 8559-8560]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-01791]


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SELECTIVE SERVICE SYSTEM


Forms Submitted to the Office of Management and Budget for 
Extension of Clearance

AGENCY: Selective Service System.

ACTION: Notice.

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    The following forms have been submitted to the Office of Management 
and Budget (OMB) for extension of clearance in compliance with the 
Paperwork Reduction Act (44 U.S.C. Chapter 35):

SSS Form--402

    Title: Uncompensated Registrar Appointment Form.
    Purpose: Is used to verify the official status of applicants for 
the position of Uncompensated Registrars and to establish authority for 
those appointed to perform as Selective Service System Registrars.
    Respondents: United States citizens over the age of 18.
    Frequency: One time.
    Burden: The reporting burden is three minutes or less per 
respondent.

[[Page 8560]]

    Copies of the above identified form can be obtained upon written 
request to the Selective Service System, Reports Clearance Officer, 
1515 Wilson Boulevard, Arlington, Virginia 22209-2425.
    Written comments and recommendations for the proposed extension of 
clearance of the form should be sent within 30 days of the publication 
of this notice to the Selective Service System, Reports Clearance 
Officer, 1515 Wilson Boulevard, Arlington, Virginia 22209-2425.
    A copy of the comments should be sent to the Office of Information 
and Regulatory Affairs, Attention: Desk Officer, Selective Service 
System, Office of Management and Budget, New Executive Office Building, 
Room 3235, Washington, DC 20503.

    Dated: January 19, 2017.
Lawrence Romo,
Director.
[FR Doc. 2017-01791 Filed 1-25-17; 8:45 am]
 BILLING CODE 8015-01-P

Federal Register / Vol. 82, No. 16 / Thursday, January 26, 2017 / Notices 8559 implement a haircut method for Exchange Act.41 Rule 17Ad–22(b)(1) use a risk-based model (i.e., the securities with inadequate historical under the Exchange Act 42 requires a sensitivity approach) and parameters pricing data would enable FICC to better registered clearing agency that performs (e.g., the VaR Floor and Margin Proxy) limit its exposure to Clearing Members central counterparty services to to set margin requirements. The by better capturing the risk profile of the establish, implement, maintain and proposed changes are designed to securities. Finally, FICC’s proposal to enforce written policies and procedures improve FICC’s margin requirements to remove the Coverage Charge and MRD reasonably designed to, among other better limit FICC’s credit exposures to components would enable FICC to things, limit its exposures to potential Clearing Members, in the event of remove unnecessary components from losses from defaults by its participants default, under normal market the Clearing Fund calculation that may under normal market conditions so that conditions. Therefore, the Commission not be indicative of a Clearing Member’s the operations of the clearing agency believes this proposal is consistent with current risk profile. would not be disrupted and non- Rule 17Ad–22(b)(2) under the Exchange Therefore, because the proposal is defaulting participants would not be Act 45 designed to enable FICC to better limit exposed to losses that they cannot For these reasons, the Commission its exposure to Clearing Members in the anticipate or control. FICC’s proposal does not object to the advance notice. manner described above, the would enable FICC to better limit its Commission believes it is consistent exposure to potential losses from III. Conclusion with promoting robust risk defaults by its Clearing Members under It is therefore noticed, pursuant to management. normal market conditions. As discussed Section 806(e)(1)(I) of the Clearing Furthermore, the Commission above, the sensitivity approach would Supervision Act,46 that the Commission believes that the changes proposed in enable FICC to view and respond more does not object to this advance notice the advance notice are consistent with effectively to market volatility. The proposal (SR–FICC–2016–801) and that promoting safety and soundness, which, Margin Proxy would help manage data FICC is authorized to implement the in turn, is consistent with reducing disruption. The VaR Floor would ensure proposal as of the date of this notice or systemic risks and supporting the FICC collects at least a minimum VaR the date of an order by the Commission stability of the broader financial system, Charge. The haircut method would approving a proposed rule change that consistent with Section 805(b) of the better capture the risk profile of reflects rule changes that are consistent Clearing Supervision Act.40 The securities with inadequate historical with this advance notice proposal (SR– proposed changes are designed to better pricing data. Finally, removing the FICC–2016–007), whichever is later. limit FICC’s exposure to Clearing Coverage Charge and MRD would help By the Commission. Members in the event of Clearing ensure the Clearing Fund calculation Member default. As discussed above, Eduardo A. Aleman, would not include unnecessary the sensitivity approach would enable Assistant Secretary. components that may not be indicative FICC to view and respond more of a Clearing Member’s current risk [FR Doc. 2017–01716 Filed 1–25–17; 8:45 am] effectively to market volatility. The profile. By better limiting its exposures BILLING CODE 8011–01–P Margin Proxy would help manage data to potential losses from defaults by its disruption. The VaR Floor would ensure participants under normal market FICC collects at least a minimum VaR conditions, the proposed changes are SELECTIVE SERVICE SYSTEM Charge. The haircut method would designed to ensure that the operations of better capture the risk profile of the clearing agency would not be Forms Submitted to the Office of securities with inadequate historical disrupted and non-defaulting Management and Budget for Extension pricing data. Finally, removing the participants would not be exposed to of Clearance Coverage Charge and MRD would help losses that they cannot anticipate or AGENCY: Selective Service System. ensure the Clearing Fund calculation control. Therefore, the Commission would not include unnecessary ACTION: Notice. believes this proposal is consistent with components that may not be indicative Rule 17Ad–22(b)(1) under the Exchange The following forms have been of a Clearing Member’s current risk Act.43 submitted to the Office of Management profile. By better limiting exposure to Rule 17Ad–22(b)(2) under the and Budget (OMB) for extension of Clearing Members, the proposed Exchange Act 44 requires a registered clearance in compliance with the changes are designed to ensure that, in clearing agency that performs central Paperwork Reduction Act (44 U.S.C. the event of Clearing Member default, counterparty services to establish, Chapter 35): MBSD’s operations would not be implement, maintain and enforce disrupted and non-defaulting Clearing written policies and procedures SSS Form—402 Members would not be exposed to reasonably designed to, among other Title: Uncompensated Registrar losses that they cannot anticipate or things, use margin requirements to limit Appointment Form. control. This is consistent with its credit exposures to participants Purpose: Is used to verify the official promoting safety and soundness, which under normal market conditions and status of applicants for the position of in turn, is consistent with reducing use risk-based models and parameters to Uncompensated Registrars and to systemic risks and supporting the set margin requirements. The Required establish authority for those appointed stability of the broader financial system. Fund Deposits are the margin to perform as Selective Service System B. Consistency with Rule 17Ad–22(b)(1) requirements that FICC collects to limit Registrars. jstallworth on DSK7TPTVN1PROD with NOTICES its credit exposures to participants Respondents: United States citizens and (b)(2) Under the Exchange Act under normal market conditions. over the age of 18. The Commission believes that FICC’s Additionally, FICC’s proposed changes Frequency: One time. proposal is consistent with Clearing Burden: The reporting burden is three Agency Standards, in particular, Rules 41 17 CFR 240.17Ad–22(b)(1) and (b)(2). minutes or less per respondent. 17Ad–22(b)(1) and (b)(2) under the 42 17 CFR 240.17Ad–22(b)(1). 43 Id. 45 Id. 40 Id. 44 17 CFR 240.17Ad–22(b)(2). 46 12 U.S.C. 5465(e)(1)(I). VerDate Sep<11>2014 15:10 Jan 25, 2017 Jkt 241001 PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 E:\FR\FM\26JAN1.SGM 26JAN1

8560 Federal Register / Vol. 82, No. 16 / Thursday, January 26, 2017 / Notices Copies of the above identified form Boulevard, Arlington, Virginia 22209– Department of State, L/PD, SA–5, Suite can be obtained upon written request to 2425. 5H03, Washington, DC 20522–0505. the Selective Service System, Reports A copy of the comments should be Alyson Grunder, Clearance Officer, 1515 Wilson sent to the Office of Information and Deputy Assistant Secretary for Policy, Bureau Boulevard, Arlington, Virginia 22209– Regulatory Affairs, Attention: Desk of Educational and Cultural Affairs, 2425. Officer, Selective Service System, Office Department of State. Written comments and of Management and Budget, New [FR Doc. 2017–01705 Filed 1–25–17; 8:45 am] recommendations for the proposed Executive Office Building, Room 3235, BILLING CODE 4710–05–P extension of clearance of the form Washington, DC 20503. should be sent within 30 days of the Dated: January 19, 2017. publication of this notice to the Lawrence Romo, SURFACE TRANSPORTATION BOARD Selective Service System, Reports Director. Clearance Officer, 1515 Wilson 60-Day Notice of Intent To Seek Boulevard, Arlington, Virginia 22209– [FR Doc. 2017–01792 Filed 1–25–17; 8:45 am] Extension of Approval and Merger of 2425. BILLING CODE 8015–01–P Collections: Statutory Licensing A copy of the comments should be Authority sent to the Office of Information and Regulatory Affairs, Attention: Desk DEPARTMENT OF STATE Notice and Request for ACTION: Officer, Selective Service System, Office Comments. of Management and Budget, New [Public Notice 9863] Executive Office Building, Room 3235, AGENCY: Surface Transportation Board. Notice of Determinations; Culturally SUMMARY: As part of its continuing effort Washington, DC 20503. Significant Objects Imported for to reduce paperwork burdens, and as Dated: January 19, 2017. Exhibition Determinations: ‘‘British required by the Paperwork Reduction Lawrence Romo, Modern Prints From the British Act of 1995, 44 U.S.C. 3501–3521 (PRA), Director. Museum: From the Great War to the the Surface Transportation Board (STB [FR Doc. 2017–01791 Filed 1–25–17; 8:45 am] Grosvenor School’’ Exhibition or Board) gives notice that it is BILLING CODE 8015–01–P SUMMARY: Notice is hereby given of the requesting from the Office of following determinations: Pursuant to Management and Budget (OMB) an the authority vested in me by the Act of extension of approval for the SELECTIVE SERVICE SYSTEM information collections required from October 19, 1965 (79 Stat. 985; 22 U.S.C. 2459), E.O. 12047 of March 27, 1978, the those seeking licensing authority under Forms Submitted to the Office of Foreign Affairs Reform and 49 U.S.C. 10901–03 and consolidation Management and Budget for Extension Restructuring Act of 1998 (112 Stat. authority under sections 11323–26. The of Clearance 2681, et seq.; 22 U.S.C. 6501 note, et Board is also seeking approval to merge AGENCY: Selective Service System. seq.), Delegation of Authority No. 234 of into this collection (OMB Control ACTION: Notice. October 1, 1999, Delegation of Authority Number: 2140–0023) the collection of No. 236–3 of August 28, 2000 (and, as information about interchange The following forms have been appropriate, Delegation of Authority No. commitments (OMB Control Number: submitted to the Office of Management 257–1 of December 11, 2015), I hereby 2140–0016). and Budget (OMB) for extension of determine that the objects to be DATES: Comments on this information clearance in compliance with the included in the exhibition ‘‘British collection should be submitted by Paperwork Reduction Act (44 U.S.C. Modern Prints from the British March 27, 2017. Chapter 35): Museum: From the Great War to the ADDRESSES: Direct all comments to SSS Form—404 Grosvenor School,’’ imported from Chris Oehrle, PRA Officer, Surface abroad for temporary exhibition within Transportation Board, 395 E Street SW., Title: Potential Board Member the United States, are of cultural Washington, DC 20423–0001, or to Information. Purpose: Is used to identify significance. The objects are imported PRA@stb.gov. When submitting individuals willing to serve as members pursuant to a loan agreement with the comments, please refer to ‘‘Paperwork of local, appeal or review boards in the foreign owner or custodian. I also Reduction Act Comments, Statutory Selective Service System. determine that the exhibition or display Licensing Authority.’’ Respondents: Potential Board of the exhibit objects at the University FOR FURTHER INFORMATION CONTACT: For Members. of San Diego, San Diego, California, further information regarding this Burden: A burden of 15 minutes or from on or about February 10, 2017, collection, contact Michael Higgins, less on the individual respondent. until on or about May 19, 2017, and at Deputy Director, Office of Public Copies of the above identified form possible additional exhibitions or Assistance, Governmental Affairs, and can be obtained upon written request to venues yet to be determined, is in the Compliance at (202) 245–0284 or at the Selective Service System, Reports national interest. I have ordered that michael.higgins@stb.gov. [Assistance for Clearance Officer, 1515 Wilson Public Notice of these Determinations the hearing impaired is available Boulevard, Arlington, Virginia 22209– be published in the Federal Register. through the Federal Information Relay 2425. FOR FURTHER INFORMATION CONTACT: For Service (FIRS) at 1–800–877–8339.] jstallworth on DSK7TPTVN1PROD with NOTICES Written comments and further information, including a list of SUPPLEMENTARY INFORMATION: The Board recommendations for the proposed the imported objects, contact the Office currently collects information from extension of clearance of the form of Public Diplomacy and Public Affairs those seeking licensing authority under should be sent within 30 days of the in the Office of the Legal Adviser, U.S. OMB Control Number 2140–0023 and, publication of this notice to the Department of State (telephone: 202– under that collection, requires the Selective Service System, Reports 632–6471; email: section2459@ disclosure of information about rail Clearance Officer, 1515 Wilson state.gov). The mailing address is U.S. interchange commitments, which is also VerDate Sep<11>2014 15:10 Jan 25, 2017 Jkt 241001 PO 00000 Frm 00058 Fmt 4703 Sfmt 4703 E:\FR\FM\26JAN1.SGM 26JAN1


Document Created: 2017-01-26 00:04:41
Document Modified: 2017-01-26 00:04:41
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.
FR Citation82 FR 8559 
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