[Federal Register: March 20, 1997 (Volume 62, Number 54)]
[Notices]
[Page 13379]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr20mr97-71]
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FEDERAL DEPOSIT INSURANCE CORPORATION
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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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 proposed and/or
continuing information collections, as required by the Paperwork
Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is
soliciting comments concerning an information collection titled
``Notices Required of Government Securities Dealers or Brokers.''
DATES: Comments must be submitted on or before May 20, 1997.
ADDRESSES: Interested parties are invited to submit written comments to
Steven F. Hanfit, FDIC Clearance Officer, (202) 898-3907, Office of the
Executive Secretary, Federal Deposit Insurance Corporation, 550 17th
Street N.W., Washington, D.C. 20429. All comments should refer to
``Notices Required of Government Securities Dealers or Brokers.''
Comments may be hand-delivered to Room F-400, 1776 F Street, N.W.,
Washington, D.C. 20429, on business days between 8:30 a.m. and 5:00
p.m. [FAX number (202) 898-3838; Internet address: comments@fdic. gov].
A copy of the comments may also be submitted to the OMB desk
officer for the FDIC: Alexander Hunt, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 3208, Washington, D.C. 20503.
FOR FURTHER INFORMATION CONTACT: Steven F. Handft, at the address
identified above.
SUPPLEMENTARY INFORMATION: Proposed to renew the following currently
approved collection of information:
Title: Notice Required of Government Securities Dealers or Brokers.
OMB Number: 3064-0093.
Frequency of Response: Occasional.
Affected Public: FDIC-insured state nonmember banks and associated
persons operating as government securities dealers.
Estimated Number of Respondents: G-FIN 4; G-FINW 6; G-FIN-4 50; G-
FIN-5 120; Total 180.
Estimated Time per Response: 1 hour.
Estimated Total Annual Burden: 180 hours.
General Description of Collection: The Government Securities Act of
1986 requires all financial institutions that function as government
securities brokers and government securities dealers to notify their
designated federal regulatory agencies of their broker-dealer
activities. The Board of Governors of the Federal Reserve System has
responsibility for establishing the G-FIN, a notification of status as
government securities broker or dealer, and Form G-FINW, a notification
of termination of status as government securities broker or dealer. The
Department of the Treasury has responsibility for establishing Form G-
FIN-4, a notification by persons associated with financial institutions
that are government securities brokers or dealers, and G-FIN-5, a
notification of termination of association with financial institutions
that are government securities brokers or dealers.
Request for Comment
Comments are invited on: (a) whether the collection of information
is 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 collection,
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 information
collection on respondents, including through the use of automated
collection techniques or other forms of information technology.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the
collection should be modified prior to submission to OMB for review and
approval. Comments submitted in response to this notice also will be
summarized or included in the FDIC's requests to OMB for renewal of
this collection. All comments will become a matter of public record.
Dated at Washington, D.C., this 14th day of March, 1997.
Federal Deposit Insurance Corporation.
Jerry L. Langley,
Executive Secretary.
[FR Doc. 97-6960 Filed 3-19-97; 8:45 am]
BILLING CODE 6714-01-M
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