SUMMARY: The FDIC, as part of its continuing effort to reduce paperwork
and respondent burden, invites the general public and other Federal
agencies to comment on the proposed renewal of an information
collection, 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 ``Transfer Agent
Registration and Amendment Form.''
DATES: Comments must be submitted on or before June 15, 2004.
ADDRESSES: Interested parties are invited to submit written comments to
Thomas Nixon, Legal Division, Federal Deposit Insurance Corporation,
550 17th Street, NW., Washington, DC 20429. All comments should refer
to ``Transfer Agent Registration and Amendment Form.'' 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. Comments may also be submitted to the OMB desk officer for the
FDIC: Mark Menchik, Office of Information and Regulatory Affairs,
Office of Management and Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: Thomas Nixon, (202) 898-8766, or at
the address above.
Proposal to renew the following currently approved collection of
Title: Transfer Agent Registration and Amendment Form.
OMB Number: 3064-0026.
Frequency of Response: On occasion.
Affected Public: State chartered banks that are not members of the
Federal Reserve system and their direct subsidiaries.
Estimated Number of Respondents: 6 initial registrations; 12
Estimated Time per Response: 1.25 hours per initial registration;
.75 hours per amendment.
Estimated Total Annual Burden: 16.5 hours.
General Description of Collection: Under section 17A(c)(1) of the
Securities Exchange Act of 1934, it is unlawful for any transfer agent
to perform any transfer agent function with respect to any qualifying
security unless that transfer agent is registered with its appropriate
regulatory agency. Pursuant to section 17A(c)(2), before an insured
nonmember bank and its direct subsidiaries may perform any transfer
agent function for a qualifying security, it must register on Form TA-1
with the FDIC and its registration must become effective.
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 in Washington, DC, this 13th day of April, 2004.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 04-8680 Filed 4-15-04; 8:45 am]
BILLING CODE 6714-01-P