Proposed Agency Information Collection Activities; Comment Request, 72725-72727 [E7-24785]
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Federal Register / Vol. 72, No. 245 / Friday, December 21, 2007 / Notices
value of capital assets, and accounts
receivable. 11 CFR 9034.5(a).
Candidates will be notified of their DOI
by the Commission.
A Candidate who has net outstanding
campaign obligations post-DOI may
continue to submit matching payment
requests as long as the candidate
certifies that the remaining net
outstanding campaign obligations equal
or exceed the amount submitted for
matching. 11 CFR 9034.5(f)(1). If the
candidate so certifies, the Commission
will process the request and certify the
appropriate amount of matching funds.
Candidates must also file revised
NOCO statements in connection with
each matching fund request submitted
after the candidate’s DOI. These
statements are due just before the next
regularly scheduled payment date, on a
date to be determined by the
Commission. They must reflect the
financial status of the campaign as of
the close of business three business days
before the due date of the statement and
must also contain a brief explanation of
each change in the committee’s assets
and obligation from the most recent
NOCO statement. 11 CFR 9034.5(f)(2).
The Commission will review the
revised NOCO statement and adjust the
committee’s certification to reflect any
change in the committee’s financial
position that occurs after submission of
the matching payment request and the
date of the revised NOCO statement.
The following schedule includes both
matching fund submission dates and
submission dates for revised NOCO
statements.
SCHEDULE OF MATCHING FUND SUBMISSION DATES AND DATES TO SUBMIT REVISED STATEMENTS OF NET
OUTSTANDING CAMPAIGN OBLIGATIONS (NOCO) FOR 2008 PRESIDENTIAL CANDIDATES
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Matching fund submission dates
Revised NOCO submission dates
January 2, 2008 ........
February 1, 2008 .......
March 3, 2008 ...........
April 1, 2008 ..............
May 1, 2008 ..............
June 2, 2008 .............
July 1, 2008 ...............
August 1, 2008 ..........
September 2, 2008 ...
October 1, 2008 ........
November 3, 2008 .....
December 1, 2008 .....
January 5, 2009 ........
February 2, 2009 .......
March 2, 2009 ...........
December 24, 2007.
January 25, 2008.
February 25, 2008.
March 25, 2008.
April 24, 2008.
May 23, 2008.
June 24, 2008.
July 25, 2008.
August 25, 2008.
September 25, 2008.
October 27, 2008.
November 21, 2008.
December 26, 2008.
January 26, 2009.
February 23, 2009.
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Dated: December 17, 2007.
Robert D. Lenhard,
Chairman, Federal Election Commission.
[FR Doc. E7–24791 Filed 12–20–07; 8:45 am]
BILLING CODE 6715–07–P
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System
SUMMARY: Background. On June 15,
1984, the Office of Management and
Budget (OMB) delegated to the Board of
Governors of the Federal Reserve
System (Board) its approval authority
under the Paperwork Reduction Act
(PRA), as per 5 CFR 1320.16, to approve
of and assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board under conditions set forth
in 5 CFR 1320 Appendix A.1. Boardapproved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
Paperwork Reduction Act Submission,
supporting statements and approved
collection of information instruments
are placed into OMB’s public docket
files. The Federal Reserve may not
conduct or sponsor, and the respondent
is not required to respond to, an
information collection that has been
extended, revised, or implemented on or
after October 1, 1995, unless it displays
a currently valid OMB control number.
AGENCY:
Request for comment on information
collection proposals
The following information
collections, which are being handled
under this delegated authority, have
received initial Board approval and are
hereby published for comment. At the
end of the comment period, the
proposed information collections, along
with an analysis of comments and
recommendations received, will be
submitted to the Board for final
approval under OMB delegated
authority. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Federal Reserve’s
functions; including whether the
information has practical utility;
b. The accuracy of the Federal
Reserve’s estimate of the burden of the
proposed information collection,
including the validity of the
methodology and assumptions used;
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72725
c. Ways to enhance the quality,
utility, and clarity of the information to
be collected; and
d. Ways to minimize the burden of
information collection on respondents,
including through the use of automated
collection techniques or other forms of
information technology.
DATES: Comments must be submitted on
or before February 19, 2008.
ADDRESSES: You may submit comments,
identified by FR G–1, FR G–2, FR G–3,
FR G–4, FR T–4, FR U–1, FR 2225, FR
2226, or FR 3016 by any of the following
methods:
• Agency Web Site: https://
www.federalreserve.gov. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
• Federal eRulemaking Portal: https://
www.regulations.gov. Follow the
instructions for submitting comments.
• E-mail:
regs.comments@federalreserve.gov.
Include docket number in the subject
line of the message.
• FAX: 202/452–3819 or 202/452–
3102.
• Mail: Jennifer J. Johnson, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue, N.W.,
Washington, DC 20551.
All public comments are available
from the Board’s web site at
www.federalreserve.gov/generalinfo/
foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
contact information. Public comments
may also be viewed electronically or in
paper form in Room MP–500 of the
Board’s Martin Building (20th and C
Streets, N.W.) between 9:00 a.m. and
5:00 p.m. on weekdays.
Additionally, commenters should
send a copy of their comments to the
OMB Desk Officer by mail to the Office
of Information and Regulatory Affairs,
U.S. Office of Management and Budget,
New Executive Office Building, Room
10235, 725 17th Street, NW.,
Washington, DC 20503 or by fax to 202–
395–6974.
FOR FURTHER INFORMATION CONTACT: A
copy of the PRA OMB submission
including, the proposed reporting form
and instructions, supporting statement,
and other documentation will be placed
into OMB’s public docket files, once
approved. These documents will also be
made available on the Federal Reserve
Board’s public website at: https://
www.federalreserve.gov/boarddocs/
reportforms/review.cfm or may be
requested from the agency clearance
officer, whose name appears below.
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Federal Register / Vol. 72, No. 245 / Friday, December 21, 2007 / Notices
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Michelle Shore, Federal Reserve
Board Clearance Officer (202–452–
3829), Division of Research and
Statistics, Board of Governors of the
Federal Reserve System, Washington,
DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact
(202–263–4869), Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
Proposal to approve under OMB
delegated authority the extension for
three years, without revision, of the
following reports:
1. Report titles: Registration Statement
for Persons Who Extend Credit Secured
by Margin Stock (Other Than Banks,
Brokers, or Dealers); Deregistration
Statement forPersons Registered
Pursuant to Regulation U; Statement of
Purpose for an Extension ofCredit
Secured by Margin Stock by a Person
Subject to Registration Under
Regulation U;Annual Report; Statement
of Purpose for an Extension of Credit by
a Creditor; andStatement of Purpose for
an Extension of Credit Secured by
Margin Stock.
Agency form numbers: FR G–1, FR G–
2, FR G–3, FR G–4, FR T–4, FR U–1
OMB control numbers: 7100–0011: FR
G–1, FR G–2, FR G–4; 7100–0018: FR G–
3; 7100–0019: FR T–4; and 7100–0115:
FR U–1
Frequency: FR G–1, FR G–2, FR G–3,
FR T–4, and FR U–1: on occasion FR G–
4: annual
Reporters: Individuals and business
Annual reporting hours: 1,366
reporting; 107,757 recordkeeping
Estimated average hours per response:
FR G–1: 2.5 hours; FR G–2: 15 minutes;
FR G–3: 10 minutes; FR G–4: 2.0 hours;
FR T–4: 10 minutes; and FR U–1: 10
minutes
Number of respondents: FR G–1: 61;
FR G–2: 36; FR G–3: 602; FR G–4:
602;FR T–4: 5,100; and FR U–1: 6,931
General description of report: These
information collections are mandatory
(15 U.S.C. § § 78g). The information in
the FR G–1 and FR G–4 is given
confidential treatment under the
Freedom of Information Act (5 U.S.C. §
§ 552(b)(4) and (6)). The FR G–2 does
not contain confidential information.
The FR G–3, FR T–4, and FR U–1 are
not submitted to the Federal Reserve
and, as such, no issue of confidentiality
arises.
Abstract: The Securities Exchange Act
of 1934 authorizes the Federal Reserve
to regulate securities credit extended by
brokers and dealers, banks, and other
lenders. The purpose statements, FR T–
4, FR U–1, and FR G–3, are
recordkeeping requirements for brokers
and dealers, banks, and other lenders,
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18:37 Dec 20, 2007
Jkt 214001
respectively, to document the purpose
of their loans secured by margin stock.
Margin stock is defined as (1) stocks that
are registered on a national securities
exchange or any over-the-counter
security designated for trading in the
National Market System, (2) debt
securities (bonds) that are convertible
into margin stock, and (3) shares of most
mutual funds. Lenders other than
brokers and dealers and banks must
register and deregister with the Federal
Reserve using the FR G–1 and FR G–2,
respectively, and they must file an
annual report (FR G–4) while registered.
The Federal Reserve uses the data to
identify lenders subject to Regulation U,
to verify their compliance with the
regulation, and to monitor margin
credit.
2. Report title: Annual Daylight
Overdraft Capital Report for U.S.
Branches and Agencies of Foreign Banks
Agency form number: FR 2225
OMB control number: 7100–0216
Frequency: Annual
Reporters: Foreign banks with U.S.
branches or agencies
Annual reporting hours: 54
Estimated average hours per response:
1.0 hour
Number of respondents: 54
General description of report: This
information collection is required to
respond in order to obtain or retain a
benefit, i.e., in order for the U.S. branch
or agency of an FBO to establish and
maintain a non-zero net debit cap. The
information submitted by respondents is
not confidential; however, respondents
may request confidential treatment for
portions of the report. Data may be
considered confidential and exempt
from disclosure under section (b)(4) of
the Freedom of Information Act if it
constitutes commercial or financial
information and it would customarily
not be released to the public by the
person from whom it was obtained (5
U.S.C. § 552(b)(4)).
Abstract: This report was
implemented in March 1986 as part of
the procedures used to administer the
Federal Reserve’s Payments System Risk
(PSR) policy. A key component of the
PSR policy is a limit, or a net debit cap,
on an institution’s negative intraday
balance in its Reserve Bank account.
The Federal Reserve calculates an
institution’s net debit cap by applying
the multiple associated with the net
debit cap category to the institution’s
capital. For foreign banking
organizations (FBOs), a percentage of
the FBO’s capital measure, known as the
U.S. capital equivalency, is used to
calculate the FBO’s net debit cap.
Currently, an FBO with U.S. branches or
agencies may voluntarily file the FR
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2225 to provide the Federal Reserve
with its capital measure. Because an
FBO that files the FR 2225 may be able
to use its total capital in determining its
U.S capital equivalency measure, which
is then used to calculate its net debit
cap, an FBO seeking to maximize its
daylight overdraft capacity may find it
advantageous to file the FR 2225. An
FBO that does not file FR 2225 may use
an alternative capital measure based on
its nonrelated liabilities.
3. Report title: Ongoing Intermittent
Survey of Households
Agency form number: FR 3016
OMB control number: 7100–0150
Frequency: On occasion
Reporters: Households and
individuals
Annual reporting hours: 683 hours
Estimated average hours per response:
Division of Research & Statistics, 1.58
minutes; Division of Consumer &
Community Affairs, 3 minutes; Other
divisions, 5 minutes; and Non-SRC
surveys, 90 minutes
Number of respondents: 600
General description of report: This
information collection is voluntary (12
U.S.C. 225a, 263, and 15 U.S.C. 1691b).
No issue of confidentiality normally
arises because names and any other
characteristics that would permit
personal identification of respondents
are not reported to the Federal Reserve
Board. However, exemption 6 of the
Freedom of Information Act (5 U.S.C.
552(b)(6)) would exempt this
information from disclosure.
Abstract: The Federal Reserve uses
this voluntary survey to obtain
household-based information
specifically tailored to the Federal
Reserve’s policy, regulatory, and
operational responsibilities. Currently,
the University of Michigan’s Survey
Research Center (SRC) includes survey
questions on behalf of the Federal
Reserve in an addendum to their regular
monthly Survey of Consumer Attitudes
and Expectations. The SRC conducts the
survey by telephone with a sample of
500 households and asks questions of
special interest to Federal Reserve Board
staff intermittently, as needed. The
frequency and content of the questions
depend on changing economic,
regulatory, and legislative
developments.
Proposal to approve under OMB
delegated authority the extension for
three years, with revision, of the
following report:
Report title: Report of Net Debit Cap
Agency form number: FR 2226
OMB control number: 7100–0217
Frequency: Annual
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Federal Register / Vol. 72, No. 245 / Friday, December 21, 2007 / Notices
Reporters: Depository institutions,
Edge and agreement corporations, U.S.
branches and agencies of foreign banks
Annual reporting hours: 1,623 hours
Estimated average hours per response:
1.0 hour
Number of respondents: 1,623
General description of report: This
information collection is mandatory (12
U.S.C. 248(i), 248–1, and 464). The
information submitted by respondents
for the payments system risk reduction
program may be accorded confidential
treatment under the Freedom of
Information Act (FOIA) (5 U.S.C. § 552
(b)(4)). In addition, information reported
in connection with the second and third
resolutions may be protected under
Section (b)(8) of FOIA, to the extent that
such information is based on the
institution’s CAMELS rating, and thus is
related to examination reports prepared
by, on behalf of, or for the use of an
agency responsible for the regulation or
supervision of financial institutions (5
U.S.C. § 552(b)(8)).
Abstract: Federal Reserve Banks
collect these data annually to provide
information that is essential for their
administration of the Federal Reserve’s
Payments System Risk (PSR) policy. The
reporting panel includes all financially
healthy depository institutions with
access to the discount window. The
Report of Net Debit Cap comprises three
resolutions, which are filed by a
depository institution’s board of
directors depending on its needs. The
first resolution is used to establish a de
minimis net debit cap and the second
resolution is used to establish a selfassessed net debit cap. The third
resolution is used to establish
simultaneously a self-assessed net debit
cap and maximum daylight overdraft
capacity. Copies of the model
resolutions are located in Appendix B,
of the PSR policy, that can be found at
https://www.federalreserve.gov/
paymentsystems/psr/relpol.htm.
Current actions: In an effort to
streamline the resolutions filed by
institutions eligible for maximum
daylight overdraft capacity, two former
resolutions were combined into one:
resolution 3a, collateralized capacity,
and resolution 3b, in-transit securities.
These resolutions were replaced by the
maximum daylight overdraft capacity
resolution that combines the board of
directors’ approval of the institution’s
self-assessment as well as its maximum
daylight overdraft capacity level.
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72727
Board of Governors of the Federal Reserve
System, December 17, 2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7–24785 Filed 12–20–07; 8:45 am]
Board of Governors of the Federal Reserve
System, December 18, 2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc.E7–24832 Filed 12–20–07; 8:45 am]
BILLING CODE 6210–01–S
BILLING CODE 6210–01–S
FEDERAL RESERVE SYSTEM
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
The companies listed in this notice
have applied to the Board for approval,
pursuant to the Bank Holding Company
Act of 1956 (12 U.S.C. 1841 et seq.)
(BHC Act), Regulation Y (12 CFR Part
225), and all other applicable statutes
and regulations to become a bank
holding company and/or to acquire the
assets or the ownership of, control of, or
the power to vote shares of a bank or
bank holding company and all of the
banks and nonbanking companies
owned by the bank holding company,
including the companies listed below.
The applications listed below, as well
as other related filings required by the
Board, are available for immediate
inspection at the Federal Reserve Bank
indicated. The application also will be
available for inspection at the offices of
the Board of Governors. Interested
persons may express their views in
writing on the standards enumerated in
the BHC Act (12 U.S.C. 1842(c)). If the
proposal also involves the acquisition of
a nonbanking company, the review also
includes whether the acquisition of the
nonbanking company complies with the
standards in section 4 of the BHC Act
(12 U.S.C. 1843). Unless otherwise
noted, nonbanking activities will be
conducted throughout the United States.
Additional information on all bank
holding companies may be obtained
from the National Information Center
website at www.ffiec.gov/nic/.
Unless otherwise noted, comments
regarding each of these applications
must be received at the Reserve Bank
indicated or the offices of the Board of
Governors not later than January 18,
2008.
A. Federal Reserve Bank of Kansas
City (Todd Offenbacker, Assistant Vice
President) 925 Grand Avenue, Kansas
City, Missouri 64198–0001:
1. Ambage, Inc., Las Vegas, Nevada; to
become a bank holding company by
acquiring 100 percent of the voting
shares of First Financial Services, Inc.,
and thereby acquire First National Bank
and Trust Company, both in Falls City,
Nebraska.
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National Toxicology Program (NTP);
NTP Interagency Center for the
Evaluation of Alternative Toxicological
Methods (NICEATM); Interagency
Coordinating Committee on the
Validation of Alternative Methods
(ICCVAM): Ten-Year Anniversary
Symposium and Five-Year Plan
National Institute of
Environmental Health Sciences
(NIEHS), National Institutes of Health
(NIH), HHS.
ACTION: Announcement of public
symposium and availability of
document.
AGENCY:
SUMMARY: NICEATM invites attendance
at a public symposium to mark the tenth
anniversary of ICCVAM. The
symposium, entitled ‘‘Celebrating Ten
Years of Advancing Public Health and
Animal Welfare With Sound Science:
Envisioning New Directions in
Toxicology’’ will be held February 5,
2008, at the U.S. Consumer Product
Safety Commission (CPSC)
Headquarters in Bethesda, MD. The
NICEATM–ICCVAM Five-Year Plan
(2008–2012) will also be discussed and
made available on February 5.
DATES: The symposium will be held on
February 5, 2008. Those interested in
attending the symposium are
encouraged to register with NICEATM
by February 1, 2008, although
registration will also be available onsite.
ADDRESSES: The symposium will be
held in the CPSC Hearing Room, located
at CPSC Headquarters, Bethesda Towers
Bldg., 4330 East West Highway,
Bethesda, MD. Registration information
and other details about the symposium
can be found on the NICEATM-ICCVAM
Web site at https://iccvam.niehs.nih.gov/
meetings/10thAnnivSymp/
10thAnnivSymp.htm or by contacting
NICEATM (see FOR FURTHER
INFORMATION CONTACT below). The
NICEATM–ICCVAM Five-Year Plan will
be available at the symposium and
electronically on the NICEATM–
ICCVAM Web site at https://
iccvam.niehs.nih.gov/docs/
5yearplan.htm after February 5. Print
copies may be obtained by contacting
NICEATM.
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]]>Agencies
[Federal Register Volume 72, Number 245 (Friday, December 21, 2007)]
[Notices]
[Pages 72725-72727]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-24785]
=======================================================================
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FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System
SUMMARY: Background. On June 15, 1984, the Office of Management and
Budget (OMB) delegated to the Board of Governors of the Federal Reserve
System (Board) its approval authority under the Paperwork Reduction Act
(PRA), as per 5 CFR 1320.16, to approve of and assign OMB control
numbers to collection of information requests and requirements
conducted or sponsored by the Board under conditions set forth in 5 CFR
1320 Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the Paperwork Reduction Act
Submission, supporting statements and approved collection of
information instruments are placed into OMB's public docket files. The
Federal Reserve may not conduct or sponsor, and the respondent is not
required to respond to, an information collection that has been
extended, revised, or implemented on or after October 1, 1995, unless
it displays a currently valid OMB control number.
Request for comment on information collection proposals
The following information collections, which are being handled
under this delegated authority, have received initial Board approval
and are hereby published for comment. At the end of the comment period,
the proposed information collections, along with an analysis of
comments and recommendations received, will be submitted to the Board
for final approval under OMB delegated authority. Comments are invited
on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. The accuracy of the Federal Reserve's estimate of the burden of
the proposed 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before February 19, 2008.
ADDRESSES: You may submit comments, identified by FR G-1, FR G-2, FR G-
3, FR G-4, FR T-4, FR U-1, FR 2225, FR 2226, or FR 3016 by any of the
following methods:
Agency Web Site: https://www.federalreserve.gov. Follow the
instructions for submitting comments at https://www.federalreserve.gov/
generalinfo/foia/ProposedRegs.cfm.
Federal eRulemaking Portal: https://www.regulations.gov.
Follow the instructions for submitting comments.
E-mail: regs.comments@federalreserve.gov. Include docket
number in the subject line of the message.
FAX: 202/452-3819 or 202/452-3102.
Mail: Jennifer J. Johnson, Secretary, Board of Governors
of the Federal Reserve System, 20th Street and Constitution Avenue,
N.W., Washington, DC 20551.
All public comments are available from the Board's web site at
www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or contact information. Public
comments may also be viewed electronically or in paper form in Room MP-
500 of the Board's Martin Building (20th and C Streets, N.W.) between
9:00 a.m. and 5:00 p.m. on weekdays.
Additionally, commenters should send a copy of their comments to
the OMB Desk Officer by mail to the Office of Information and
Regulatory Affairs, U.S. Office of Management and Budget, New Executive
Office Building, Room 10235, 725 17th Street, NW., Washington, DC 20503
or by fax to 202-395-6974.
FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission
including, the proposed reporting form and instructions, supporting
statement, and other documentation will be placed into OMB's public
docket files, once approved. These documents will also be made
available on the Federal Reserve Board's public website at: https://
www.federalreserve.gov/boarddocs/reportforms/review.cfm or may be
requested from the agency clearance officer, whose name appears below.
[[Page 72726]]
Michelle Shore, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact (202-263-4869), Board of Governors
of the Federal Reserve System, Washington, DC 20551.
Proposal to approve under OMB delegated authority the extension for
three years, without revision, of the following reports:
1. Report titles: Registration Statement for Persons Who Extend
Credit Secured by Margin Stock (Other Than Banks, Brokers, or Dealers);
Deregistration Statement forPersons Registered Pursuant to Regulation
U; Statement of Purpose for an Extension ofCredit Secured by Margin
Stock by a Person Subject to Registration Under Regulation U;Annual
Report; Statement of Purpose for an Extension of Credit by a Creditor;
andStatement of Purpose for an Extension of Credit Secured by Margin
Stock.
Agency form numbers: FR G-1, FR G-2, FR G-3, FR G-4, FR T-4, FR U-1
OMB control numbers: 7100-0011: FR G-1, FR G-2, FR G-4; 7100-0018:
FR G-3; 7100-0019: FR T-4; and 7100-0115: FR U-1
Frequency: FR G-1, FR G-2, FR G-3, FR T-4, and FR U-1: on occasion
FR G-4: annual
Reporters: Individuals and business
Annual reporting hours: 1,366 reporting; 107,757 recordkeeping
Estimated average hours per response: FR G-1: 2.5 hours; FR G-2: 15
minutes; FR G-3: 10 minutes; FR G-4: 2.0 hours; FR T-4: 10 minutes; and
FR U-1: 10 minutes
Number of respondents: FR G-1: 61; FR G-2: 36; FR G-3: 602; FR G-4:
602;FR T-4: 5,100; and FR U-1: 6,931
General description of report: These information collections are
mandatory (15 U.S.C. Sec. Sec. 78g). The information in the FR G-1
and FR G-4 is given confidential treatment under the Freedom of
Information Act (5 U.S.C. Sec. Sec. 552(b)(4) and (6)). The FR G-2
does not contain confidential information. The FR G-3, FR T-4, and FR
U-1 are not submitted to the Federal Reserve and, as such, no issue of
confidentiality arises.
Abstract: The Securities Exchange Act of 1934 authorizes the
Federal Reserve to regulate securities credit extended by brokers and
dealers, banks, and other lenders. The purpose statements, FR T-4, FR
U-1, and FR G-3, are recordkeeping requirements for brokers and
dealers, banks, and other lenders, respectively, to document the
purpose of their loans secured by margin stock. Margin stock is defined
as (1) stocks that are registered on a national securities exchange or
any over-the-counter security designated for trading in the National
Market System, (2) debt securities (bonds) that are convertible into
margin stock, and (3) shares of most mutual funds. Lenders other than
brokers and dealers and banks must register and deregister with the
Federal Reserve using the FR G-1 and FR G-2, respectively, and they
must file an annual report (FR G-4) while registered. The Federal
Reserve uses the data to identify lenders subject to Regulation U, to
verify their compliance with the regulation, and to monitor margin
credit.
2. Report title: Annual Daylight Overdraft Capital Report for U.S.
Branches and Agencies of Foreign Banks
Agency form number: FR 2225
OMB control number: 7100-0216
Frequency: Annual
Reporters: Foreign banks with U.S. branches or agencies
Annual reporting hours: 54
Estimated average hours per response: 1.0 hour
Number of respondents: 54
General description of report: This information collection is
required to respond in order to obtain or retain a benefit, i.e., in
order for the U.S. branch or agency of an FBO to establish and maintain
a non-zero net debit cap. The information submitted by respondents is
not confidential; however, respondents may request confidential
treatment for portions of the report. Data may be considered
confidential and exempt from disclosure under section (b)(4) of the
Freedom of Information Act if it constitutes commercial or financial
information and it would customarily not be released to the public by
the person from whom it was obtained (5 U.S.C. Sec. 552(b)(4)).
Abstract: This report was implemented in March 1986 as part of the
procedures used to administer the Federal Reserve's Payments System
Risk (PSR) policy. A key component of the PSR policy is a limit, or a
net debit cap, on an institution's negative intraday balance in its
Reserve Bank account. The Federal Reserve calculates an institution's
net debit cap by applying the multiple associated with the net debit
cap category to the institution's capital. For foreign banking
organizations (FBOs), a percentage of the FBO's capital measure, known
as the U.S. capital equivalency, is used to calculate the FBO's net
debit cap. Currently, an FBO with U.S. branches or agencies may
voluntarily file the FR 2225 to provide the Federal Reserve with its
capital measure. Because an FBO that files the FR 2225 may be able to
use its total capital in determining its U.S capital equivalency
measure, which is then used to calculate its net debit cap, an FBO
seeking to maximize its daylight overdraft capacity may find it
advantageous to file the FR 2225. An FBO that does not file FR 2225 may
use an alternative capital measure based on its nonrelated liabilities.
3. Report title: Ongoing Intermittent Survey of Households
Agency form number: FR 3016
OMB control number: 7100-0150
Frequency: On occasion
Reporters: Households and individuals
Annual reporting hours: 683 hours
Estimated average hours per response: Division of Research &
Statistics, 1.58 minutes; Division of Consumer & Community Affairs, 3
minutes; Other divisions, 5 minutes; and Non-SRC surveys, 90 minutes
Number of respondents: 600
General description of report: This information collection is
voluntary (12 U.S.C. 225a, 263, and 15 U.S.C. 1691b). No issue of
confidentiality normally arises because names and any other
characteristics that would permit personal identification of
respondents are not reported to the Federal Reserve Board. However,
exemption 6 of the Freedom of Information Act (5 U.S.C. 552(b)(6))
would exempt this information from disclosure.
Abstract: The Federal Reserve uses this voluntary survey to obtain
household-based information specifically tailored to the Federal
Reserve's policy, regulatory, and operational responsibilities.
Currently, the University of Michigan's Survey Research Center (SRC)
includes survey questions on behalf of the Federal Reserve in an
addendum to their regular monthly Survey of Consumer Attitudes and
Expectations. The SRC conducts the survey by telephone with a sample of
500 households and asks questions of special interest to Federal
Reserve Board staff intermittently, as needed. The frequency and
content of the questions depend on changing economic, regulatory, and
legislative developments.
Proposal to approve under OMB delegated authority the extension for
three years, with revision, of the following report:
Report title: Report of Net Debit Cap
Agency form number: FR 2226
OMB control number: 7100-0217
Frequency: Annual
[[Page 72727]]
Reporters: Depository institutions, Edge and agreement
corporations, U.S. branches and agencies of foreign banks
Annual reporting hours: 1,623 hours
Estimated average hours per response: 1.0 hour
Number of respondents: 1,623
General description of report: This information collection is
mandatory (12 U.S.C. 248(i), 248-1, and 464). The information submitted
by respondents for the payments system risk reduction program may be
accorded confidential treatment under the Freedom of Information Act
(FOIA) (5 U.S.C. Sec. 552 (b)(4)). In addition, information reported
in connection with the second and third resolutions may be protected
under Section (b)(8) of FOIA, to the extent that such information is
based on the institution's CAMELS rating, and thus is related to
examination reports prepared by, on behalf of, or for the use of an
agency responsible for the regulation or supervision of financial
institutions (5 U.S.C. Sec. 552(b)(8)).
Abstract: Federal Reserve Banks collect these data annually to
provide information that is essential for their administration of the
Federal Reserve's Payments System Risk (PSR) policy. The reporting
panel includes all financially healthy depository institutions with
access to the discount window. The Report of Net Debit Cap comprises
three resolutions, which are filed by a depository institution's board
of directors depending on its needs. The first resolution is used to
establish a de minimis net debit cap and the second resolution is used
to establish a self-assessed net debit cap. The third resolution is
used to establish simultaneously a self-assessed net debit cap and
maximum daylight overdraft capacity. Copies of the model resolutions
are located in Appendix B, of the PSR policy, that can be found at
https://www.federalreserve.gov/paymentsystems/psr/relpol.htm.
Current actions: In an effort to streamline the resolutions filed
by institutions eligible for maximum daylight overdraft capacity, two
former resolutions were combined into one: resolution 3a,
collateralized capacity, and resolution 3b, in-transit securities.
These resolutions were replaced by the maximum daylight overdraft
capacity resolution that combines the board of directors' approval of
the institution's self-assessment as well as its maximum daylight
overdraft capacity level.
Board of Governors of the Federal Reserve System, December 17,
2007.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. E7-24785 Filed 12-20-07; 8:45 am]
BILLING CODE 6210-01-S
