Justia Regulation Tracker

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[Federal Register: November 3, 2009 (Volume 74, Number 211)]
[Notices]               
[Page 56922-56923]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr03no09-113]                         

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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency

 
Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Office of the Comptroller of the Currency, Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, 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 a continuing 
information collection, as required by the Paperwork Reduction Act of 
1995. An agency may not conduct or sponsor, and a respondent is not 
required to respond to, an information collection unless it displays a 
currently valid Office of Management and Budget (OMB) control number. 
The OCC is soliciting comment concerning its information collection 
titled, ``Securities Exchange Act Disclosure Rules (12 CFR Part 11).'' 
The OCC also gives notice that it has sent the information collection 
to OMB for review.

DATES: Comments must be received by December 3, 2009.

ADDRESSES: You should direct your comments to: Communications Division, 
Office of the Comptroller of the Currency, Mailstop 2-3, Attention: 
1557-0106, 250 E Street, SW., Washington, DC 20219. In addition, 
comments may be sent by fax to (202) 874-5274, or by electronic mail to 
regs.comments@occ.treas.gov. You may personally inspect and photocopy 
the comments at the OCC, 250 E Street, SW., Washington, DC 20219. For 
security reasons, the OCC requires that visitors make an appointment to 
inspect comments. You may do so by calling (202) 874-4700. Upon 
arrival, visitors will be required to present valid government-issued 
photo identification and to submit to security screening in order to 
inspect and photocopy comments.
    Additionally, you should send a copy of your comments to OCC Desk 
Officer, 1557-0106, by mail to U.S. Office of Management and Budget, 
725 17th Street, NW., 10235, Washington, DC 20503, or by fax 
to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: You can request additional information 
or a copy of the collection from Mary H. Gottlieb, OCC Clearance 
Officer, (202) 874-5090, Legislative and Regulatory Activities 
Division, Office of the

[[Page 56923]]

Comptroller of the Currency, 250 E Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION: The OCC is proposing to extend OMB approval 
of the following information collection:
    Title: Securities Exchange Act Disclosure Rules (12 CFR Part 11).
    OMB Control No.: 1557-0106.
    Description: This submission covers an existing regulation and 
involves no change to the regulation or to the information collection 
requirements. The OCC requests only that OMB approve its revised 
estimates.
    The Securities and Exchange Commission (SEC) is required by statute 
to collect, through regulation, from any firm that is required to 
register its stock with the SEC, certain information and documents. 15 
U.S.C. 78m(a)(1). Federal law also requires the OCC to apply similar 
regulations to any national bank similarly required to be registered 
(those with a class of equity securities held by 500 or more 
shareholders). 15 U.S.C. 78l(i).
    12 CFR Part 11 ensures that ``a national bank whose securities are 
subject to registration'' provides adequate information about its 
operations to current and potential shareholders, depositors, and to 
the public. The OCC reviews the information to ensure that national 
banks comply with Federal law and make public all information required 
to be filed under these rules. Investors, depositors, and the public 
use the information to make informed investment decisions.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Individuals; Businesses or other for-profit.
    Estimated Number of Respondents: 29.
    Estimated Total Annual Responses: 185.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 1,130.5.

The OCC issued a 60-day Federal Register notice on August 14, 2009. 74 
FR 41189. No comments were received. Comments continue to be invited 
on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection 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 information.

    Dated: October 27, 2009.
Michele Meyer,
Assistant Director, Legislative and Regulatory Activities Division.
[FR Doc. E9-26444 Filed 11-2-09; 8:45 am]

BILLING CODE 4810-33-P

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