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
``Securities of Insured Nonmember Banks.''
DATES: Comments must be submitted on or before May 16, 2000.
ADDRESSES: Interested parties are invited to submit written comments to
Tamara R. Manly, Management Analyst (Regulatory Analysis), (202) 898-
7453, Office of the Executive Secretary, Room F-4058, Attention:
Comments/OES, Federal Deposit Insurance Corporation, 550 17th Street
N.W., Washington, D.C. 20429. All comments should refer to ``Securities
of Insured Nonmember Banks.'' 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 a.m. and 5 p.m. [FAX number (202)
898-3838; Internet address: comments@ fdic.gov]. 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: Tamara R. Manly, at the address
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
Title: Securities of Insured Nonmember Banks.
OMB Number: 3064-0030.
Form Number: F-7, F-8, F-8A.
Frequency of Response: Annually.
Affected Public: All financial institutions.
Estimated Number of Respondents: 3,620.
Estimated Time per Response: Form F-7 (1 hour); Form F-8 (0.5)
hour; Form F-8A (1 hour)
Estimated Total Annual Burden: 2,220 hours.
General Description of Collection: The information is collected
from FDIC-supervised banks and from officers, directors and
shareholders subject to the securities registration requirements of the
Securities Exchange Act of 1934, as amended. The information is
considered necessary for actual and potential investors making
investment decisions concerning securities issued by reporting banks.
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 10th day of March, 2000.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 00-6709 Filed 3-16-00; 8:45 am]
BILLING CODE 6714-01-U