FDIC Federal Register Citations
Register: June 18, 2007 (Volume 72, Number 116)]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
SUMMARY: The FDIC, OCC, and OTS (Agencies), as part of their continuing
efforts to reduce paperwork and respondent burden, invite the general
public and other federal agencies to take this opportunity to comment
on a continuing information collection titled ``Affiliate Marketing/
Consumer Opt-Out Notices,'' as required by the Paperwork Reduction Act
of 1995 (44 U.S.C. chapter 35). OMB Control numbers for this collection
are 3064-0149 (FDIC), 1557-0230 (OCC), and 1550-0112 (OTS).
DATES: Comments must be submitted on or before August 17, 2007.
ADDRESSES: Interested parties are invited to submit written comments by
any of the following methods. All comments should refer to the name and
number of the collection:
Communications Division, Office of the Comptroller of the
Public Information Room, Mailstop 1-5, Attention: 1557-0230, 250 E
Street, SW., Washington, DC 20219. In addition, comments may be sent by
fax to (202) 874-4448, or by electronic mail to
email@example.com. You can inspect and photocopy the comments
at the OCC's Public Information Room, 250 E Street, SW., Washington, DC
20219. You can make an appointment to inspect the comments by calling
Include the name and number of
the collection in the subject line of the message. Mail: Steve Hanft (202-898-3907), Clearance Officer,
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 550 17th Street Building (located on F
Street), on business days between 7 a.m. and 5 p.m.
You may submit comments, identified by ``1550-0112,'' by any
following methods: E-mail address:
Please include ``1550-0112'' in the subject line of the message and
include your name and telephone number in the message. Fax: (202) 906-6518. Mail: Information Collection Comments, Chief Counsel's
Office, Office of Thrift Supervision, 1700 G Street, NW., Washington,
DC 20552, Attention: ``1550-0112.'' Hand Delivery/Courier: Guard's Desk, East Lobby Entrance,
1700 G Street, NW., from 9 a.m. to 4 p.m. on business days, Attention:
Information Collection Comments, Chief Counsel's Office, Attention:
Instructions: All submissions received must include the
and OMB Control Number for this information collection. All comments
received will be posted without change to the OTS Internet Site at
http://www.ots.treas.gov/pagehtml.cfm?catNumber=67&an=1, including any
personal information provided.
Docket: For access to the docket to read background documents
comments received, go to
In addition, you may inspect comments at the Public Reading
1700 G Street, NW., by appointment. To make an appointment for access,
call (202) 906-5922, send an e-mail to
send a facsimile transmission to (202) 906-7755. (Prior notice
identifying the materials you will be requesting will assist us in
serving you.) We schedule appointments on business days between 10 a.m.
and 4 p.m. In most cases, appointments will be available the next
business day following the date we receive a request.
A copy of the comments may also be submitted to the OMB Desk
Officer for the Agencies, Office of Information and Regulatory Affairs,
Office of Management and Budget, New Executive Office Building,
Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: FDIC--Steve Hanft (address above).
OCC--You may request additional information or a copy of the
collection and supporting documentation submitted to OMB by contacting:
Mary Gottlieb or Camille Dickerson, (202) 874-5090, Legislative and
Regulatory Activities Division, Office of the Comptroller of the
Currency, 250 E Street, SW., Washington, DC 20219. OTS: Marilyn K.
Burton, OTS Clearance Officer, at
906-6467, or facsimile number (202) 906-6518, Litigation Division,
Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street,
NW., Washington, DC 20552.
Title: Affiliate Marketing/Consumer Opt-Out Notices.
OMB Number: FDIC, 3064-0149; OCC, 1557-0230; OTS, 1550-0112.
Frequency of Response: On occasion.
Affected Public: Insured financial institutions and their
Estimated Number of Respondents: FDIC--5,236 institutions,
1,088,850 customers; OCC--1,800 institutions, 996,625 customers; OTS--
838 institutions, 221,550 customers.
Estimated Time per Response: 18 hours per institution; 5
Total Annual Burden: FDIC, 184,623 hours; OCC, 115,452 hours;
General Description of Collection: Section 624 of the Fair
Reporting Act generally provides that, if a person shares certain
information about a consumer with an affiliate, the affiliate may not
use that information to make or send solicitations to the consumer
about its products or services, unless the consumer is given notice and
a reasonable opportunity to opt out of such use of the information and
the consumer does not opt out. The information collections for which
the Agencies seek OMB approval are (1) Notices to consumers of the
opportunity to opt-out of solicitations from affiliates, and (2)
consumer responses to the opt-out notices.
Request for Comment
Comments are invited on: (a) Whether this collection of
necessary for the proper performance of the Agencies' 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; (d) ways to minimize the burden of the information
collections on respondents, including through the use of automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start up costs, and costs of operation,
maintenance, and purchase of services to provide the information.
At the end of the comment period, the comments and
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 Agencies' requests to OMB for renewal of
this collection. All comments will become a matter of public record.
Dated: June 4, 2007.
Assistant Director, Legislative and Regulatory Activities Division,
Office of the Comptroller of the Currency.
Dated at Washington, DC, this 6th day of June, 2007.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Dated: June 12, 2007.
Senior Deputy Chief Counsel, Regulations and Legislation Division,
Office of Thrift Supervision.
[FR Doc. 07-2989 Filed 6-15-07; 8:45 am]