Submission for OMB Review; Comment Request for Clearance of a Reinstatement, With Change, of a Previously Approved Collection for Which Approval Has Expired; Declaration for Federal Employment, 50478 [E6-14098]
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50478
Federal Register / Vol. 71, No. 165 / Friday, August 25, 2006 / Notices
Issued in Washington, DC, on this 23rd day
of August 2006.
Vincent K. Snowbarger,
Interim Director, Pension Benefit Guaranty
Corporation.
[FR Doc. E6–14210 Filed 8–24–06; 8:45 am]
BILLING CODE 7709–01–P
OFFICE OF PERSONNEL
MANAGEMENT
[Optional Form 306, OMB No. 3206–0182]
Submission for OMB Review;
Comment Request for Clearance of a
Reinstatement, With Change, of a
Previously Approved Collection for
Which Approval Has Expired;
Declaration for Federal Employment
Office of Personnel
Management.
ACTION: Notice.
Potter/Brenda Aguilar, OPM Desk
Officer, Office of Information and
Regulatory Affairs, Office of
Management Budget, New Executive
Office Building, Room 10035,
Washington, DC 20503.
For Information Regarding
Administrative Coordination—Contact:
Deborah A. Micsky, Operational
Policy Group, Federal Investigative
Services Division, U.S. Office of
Personnel Management, 1900 E Street,
NW., Room 5416, Washington, DC
20415.
Office of Personnel Management.
Dan G. Blair,
Deputy Director.
[FR Doc. E6–14098 Filed 8–24–06; 8:45 am]
BILLING CODE 6325–53–P
cprice-sewell on PROD1PC66 with NOTICES
AGENCY:
SECURITIES AND EXCHANGE
COMMISSION
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995 (Pub.
L. 104–13, May 22, 1995), this notice
announces that the Office of Personnel
Management (OPM) has submitted a
request to the Office of Management and
Budget (OMB) for reinstatement of an
expired information collection with
change. The Optional Form (OF) 306,
Declaration for Federal Employment, is
completed by applicants who are under
consideration for Federal or Federal
contract employment.
The OF 306 requests that the
applicant provide personal identifying
data, including, for example, general
background information, information on
Selective Service registration, military
service and information concerning
retirement pay received or requested.
The change is to make needed
administrative updates and delete life
insurance questions.
It is estimated that 474,000
individuals will respond annually. Each
form takes approximately 15 minutes to
complete. The annual estimated burden
is 118,500 hours.
No comments were received on this
proposal.
For copies of this proposal, contact
Mary Beth Smith-Toomey on (202) 606–
8358, FAX (202) 418–3251 or via E-mail
to mbtoomey@opm.gov. Please include a
mailing address with your request.
DATES: Comments on this proposal
should be received within 30 calendar
days for the date of this publication.
ADDRESSES: Send or deliver comments
to: Kathy Dillaman, Associate Director,
Federal Investigative Services Division,
U.S. Office of Personnel Management,
1900 E Street, NW., Room 5416,
Washington, DC 20415, and Rachel
VerDate Aug<31>2005
16:47 Aug 24, 2006
Jkt 208001
Proposed Collection; Comment
Request
Upon written request, copies available
from: Securities and Exchange
Commission, Office of Filings and
Information Services, Washington, DC
20549.
Extension:
Rule 17i–6, SEC File No. 270–532, OMB
Control No. 3235–0588.
Notice is hereby given that pursuant
to the Paperwork Reduction Act of
1995 1 the Securities and Exchange
Commission (‘‘Commission’’) intends to
submit to the Office of Management and
Budget a request for extension of the
previously approved collections of
information discussed below. The Code
of Federal Regulation citation to this
collection of information is the
following rule: 17 CFR 240.17i–6.
Section 231 of the Gramm-LeachBliley Act of 1999 2 (the ‘‘GLBA’’)
amended Section 17 of the Securities
Exchange Act of 1934 to create a
regulatory framework under which a
holding company of a broker-dealer
(‘‘investment bank holding company’’ or
‘‘IBHC’’) may voluntarily be supervised
by the Commission as a supervised
investment bank holding company (or
‘‘SIBHC’’).3 In 2004, the Commission
promulgated rules, including Rule 17i–
6, to create a framework for the
Commission to supervise SIBHCs.4 This
framework includes qualification
criteria for SIBHCs, as well as
1 44
U.S.C. 3501 et seq.
L. 106–102, 113 Stat. 1338 (1999).
3 See 15 U.S.C. 78q(i).
4 See Exchange Act Release No. 49831 (Jun. 8,
2004), 69 FR 34472 (Jun. 21, 2004).
2 Pub.
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
recordkeeping and reporting
requirements. Among other things, this
regulatory framework for SIBHCs is
intended to provide a basis for non-U.S.
financial regulators to treat the
Commission as the principal U.S.
consolidated, home-country supervisor
for SIBHCs and their affiliated brokerdealers.5
Pursuant to Section 17(i)(3)(A) of the
Exchange Act, an SIBHC must make and
keep records, furnish copies thereof,
and make such reports as the
Commission may require by rule.6 Rule
17i–6 requires that an SIBHC file with
the Commission certain monthly and
quarterly reports and an annual audit
report. The reports and notices required
to be filed pursuant to Rule 17i–6 must
be preserved for a period of not less
than three years.7
The collections of information
required by Rule 17i–6 are necessary to
allow the Commission adequately to
supervise the activities of these SIBHCs
and to effectively determine whether
supervision of an IBHC as an SIBHC is
necessary or appropriate in furtherance
of the purposes of section 17 of the Act.
Rule 17i–6s also enhances the
Commission’s supervision of an
SIBHCs’ subsidiary broker-dealers
through collection of additional
information and inspections of affiliates
of those broker-dealers. Without these
reports, the Commission would be
unable to adequately supervise an
SIBHC, nor would it be able to
determine whether continued
supervision of an IBHC as an SIBHC
were necessary and appropriate in
furtherance of the purposes of section
17 of the Act.
We estimate that three IBHCs will file
Notices of Intention with the
Commission to be supervised by the
Commission as SIBHCs. An SIBHC will
require about eight hours each month to
prepare and file the monthly reports
required by this rule (or approximately
96 hours per year).8 On average, it will
take an SIBHC about 16 hours each
quarter (or 64 hours each year) 9 to
prepare and file the quarterly reports
required by this rule. An SIBHC will
require about 200 hours to prepare and
file the annual audit reports required by
this rule. Consequently, the total annual
5 See—H.R. Conf. Rep. No. 106–434, 165 (1999).
See also—Exchange Act Release No. 49831, at 6
(Jun. 8, 2004), 69 FR 34472, at 34473 (Jun. 21,
2004).
6 15 U.S.C. 78q(i)(3)(A).
7 17 CFR 240.17i–5(b)(3).
8 (8 hours × 12 months in a year) = 96 hours/year.
9 (16 hours × 4 quarters in a year) = 64 hours/year.
E:\FR\FM\25AUN1.SGM
25AUN1
]]>Agencies
[Federal Register Volume 71, Number 165 (Friday, August 25, 2006)]
[Notices]
[Page 50478]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-14098]
=======================================================================
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OFFICE OF PERSONNEL MANAGEMENT
[Optional Form 306, OMB No. 3206-0182]
Submission for OMB Review; Comment Request for Clearance of a
Reinstatement, With Change, of a Previously Approved Collection for
Which Approval Has Expired; Declaration for Federal Employment
AGENCY: Office of Personnel Management.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (Pub.
L. 104-13, May 22, 1995), this notice announces that the Office of
Personnel Management (OPM) has submitted a request to the Office of
Management and Budget (OMB) for reinstatement of an expired information
collection with change. The Optional Form (OF) 306, Declaration for
Federal Employment, is completed by applicants who are under
consideration for Federal or Federal contract employment.
The OF 306 requests that the applicant provide personal identifying
data, including, for example, general background information,
information on Selective Service registration, military service and
information concerning retirement pay received or requested. The change
is to make needed administrative updates and delete life insurance
questions.
It is estimated that 474,000 individuals will respond annually.
Each form takes approximately 15 minutes to complete. The annual
estimated burden is 118,500 hours.
No comments were received on this proposal.
For copies of this proposal, contact Mary Beth Smith-Toomey on
(202) 606-8358, FAX (202) 418-3251 or via E-mail to mbtoomey@opm.gov.
Please include a mailing address with your request.
DATES: Comments on this proposal should be received within 30 calendar
days for the date of this publication.
ADDRESSES: Send or deliver comments to: Kathy Dillaman, Associate
Director, Federal Investigative Services Division, U.S. Office of
Personnel Management, 1900 E Street, NW., Room 5416, Washington, DC
20415, and Rachel Potter/Brenda Aguilar, OPM Desk Officer, Office of
Information and Regulatory Affairs, Office of Management Budget, New
Executive Office Building, Room 10035, Washington, DC 20503.
For Information Regarding Administrative Coordination--Contact:
Deborah A. Micsky, Operational Policy Group, Federal Investigative
Services Division, U.S. Office of Personnel Management, 1900 E Street,
NW., Room 5416, Washington, DC 20415.
Office of Personnel Management.
Dan G. Blair,
Deputy Director.
[FR Doc. E6-14098 Filed 8-24-06; 8:45 am]
BILLING CODE 6325-53-P
