Departmental Offices; Debt Management Advisory Committee; Meeting, 1762 [E9-399]
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Federal Register / Vol. 74, No. 8 / Tuesday, January 13, 2009 / Notices
Release of non-public OCC information
when the requester did not have
sufficient legal grounds to obtain the
information would inhibit open
consultation between a bank and the
OCC, thereby impairing the OCC’s
supervisory and regulatory mission. The
OCC is entitled, under statute and case
law, to require requesters to
demonstrate that they have sufficient
legal grounds for the OCC to release
non-public OCC information. The OCC
needs to know the requester’s legal
grounds to determine if it should release
the requested non-public OCC
information.
The information requirements in 12
CFR part 4, subpart C, are located as
follows:
• 12 CFR 4.33: Request for non-public
OCC records or testimony.
• 12 CFR 4.35(b)(3): Third parties
requesting testimony.
• 12 CFR 4.37(a)(2): OCC former
employee notifying OCC of subpoena.
• 12 CFR 4.37(a) and (b): Limitation
on dissemination of released
information.
• 12 CFR 4.39(d): Request for
authenticated records or certificate of
nonexistence of records.
The OCC uses the information to
process requests for non-public OCC
information and to determine if
sufficient grounds exist for the OCC to
release the requested information or
provide testimony. This information
collection makes the mechanism for
processing requests more efficient and
facilitates and expedites the OCC’s
release of non-public information and
testimony to the requester.
Type of Review: Regular.
Affected Public: Businesses or other
for-profit; individuals.
Estimated Number of Respondents:
110.
Estimated Frequency of Response: On
occasion.
Estimated Total Annual Burden: 467
hours.
On November 3, 2008, the OCC
published a notice in the Federal
Register soliciting comment for 60 days
on this information collection (73 FR
65447). 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
VerDate Nov<24>2008
19:10 Jan 12, 2009
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through the use of automated collection
techniques or other forms of information
technology; and
(e) Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
Dated: January 6, 2009.
Michele Meyer,
Assistant Director, Legislative & Regulatory
Activities Division.
[FR Doc. E9–431 Filed 1–12–09; 8:45 am]
BILLING CODE 4810–33–P
DEPARTMENT OF THE TREASURY
Departmental Offices; Debt
Management Advisory Committee;
Meeting
Notice is hereby given, pursuant to 5
U.S.C. App. 2, § 10(a)(2), that a meeting
will be held at the Hay-Adams Hotel,
16th Street and Pennsylvania Avenue,
NW., Washington, DC, on February 3,
2009 at 10:30 a.m. of the following debt
management advisory committee:
Treasury Borrowing Advisory
Committee of the Securities Industry
and Financial Markets Association.
The agenda for the meeting provides
for a charge by the Secretary of the
Treasury or his designate that the
Committee discuss particular issues and
conduct a working session. Following
the working session, the Committee will
present a written report of its
recommendations. The meeting will be
closed to the public, pursuant to 5
U.S.C. App. 2, § 10(d) and Public Law
103–202, § 202(c)(1)(B)(31 U.S.C. 3 121
note).
This notice shall constitute my
determination, pursuant to the authority
placed in heads of agencies by 5 U.S.C.
App. 2, § 10(d) and vested in me by
Treasury Department Order No. 101–05,
that the meeting will consist of
discussions and debates of the issues
presented to the Committee by the
Secretary of the Treasury and the
making of recommendations of the
Committee to the Secretary, pursuant to
Public Law 103–202, § 202(c)(1)(B).
Thus, this information is exempt from
disclosure under that provision and 5
U.S.C. 552b(c)(3)(B). In addition, the
meeting is concerned with information
that is exempt from disclosure under 5
U.S.C. 552b(c)(9)(A). The public interest
requires that such meetings be closed to
the public because the Treasury
Department requires frank and full
advice from representatives of the
financial community prior to making its
final decisions on major financing
operations. Historically, this advice has
been offered by debt management
PO 00000
Frm 00101
Fmt 4703
Sfmt 4703
advisory committees established by the
several major segments of the financial
community. When so utilized, such a
committee is recognized to be an
advisory committee under 5 U.S.C. App.
2, § 3.
Although the Treasury’s final
announcement of financing plans may
not reflect the recommendations
provided in reports of the Committee,
premature disclosure of the Committee’s
deliberations and reports would be
likely to lead to significant financial
speculation in the securities market.
Thus, this meeting falls within the
exemption covered by 5 U.S.C.
552b(c)(9)(A).
Treasury staff will provide a technical
briefing to the press on the day before
the Committee meeting, following the
release of a statement of economic
conditions, financing estimates and
technical charts. This briefing will give
the press an opportunity to ask
questions about financing projections
and technical charts. The day after the
Committee meeting, Treasury will
release the minutes of the meeting, any
charts that were discussed at the
meeting, and the Committee’s report to
the Secretary.
The Office of Debt Management is
responsible for maintaining records of
debt management advisory committee
meetings and for providing annual
reports setting forth a summary of
Committee activities and such other
matters as may be informative to the
public consistent with the policy of 5
U.S.C. 552(b). The Designated Federal
Officer or other responsible agency
official who may be contacted for
additional information is Karthik
Ramanathan, Acting Assistant Secretary
for Financial Markets (202) 622–2042.
Dated: January 6, 2009.
Karthik Ramanathan,
Acting Assistant Secretary for Financial
Markets.
[FR Doc. E9–399 Filed 1–12–09; 8:45 am]
BILLING CODE 4810–35–M
DEPARTMENT OF THE TREASURY
Office of the Comptroller of the
Currency
Agency Information Collection
Activities: Proposed Information
Collection; Comment Request
AGENCY: Office of the Comptroller of the
Currency (OCC), Treasury.
ACTION: Notice and request for comment.
SUMMARY: The OCC, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
E:\FR\FM\13JAN1.SGM
13JAN1
]]>Agencies
[Federal Register Volume 74, Number 8 (Tuesday, January 13, 2009)]
[Notices]
[Page 1762]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-399]
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DEPARTMENT OF THE TREASURY
Departmental Offices; Debt Management Advisory Committee; Meeting
Notice is hereby given, pursuant to 5 U.S.C. App. 2, Sec.
10(a)(2), that a meeting will be held at the Hay-Adams Hotel, 16th
Street and Pennsylvania Avenue, NW., Washington, DC, on February 3,
2009 at 10:30 a.m. of the following debt management advisory committee:
Treasury Borrowing Advisory Committee of the Securities Industry and
Financial Markets Association.
The agenda for the meeting provides for a charge by the Secretary
of the Treasury or his designate that the Committee discuss particular
issues and conduct a working session. Following the working session,
the Committee will present a written report of its recommendations. The
meeting will be closed to the public, pursuant to 5 U.S.C. App. 2,
Sec. 10(d) and Public Law 103-202, Sec. 202(c)(1)(B)(31 U.S.C. 3 121
note).
This notice shall constitute my determination, pursuant to the
authority placed in heads of agencies by 5 U.S.C. App. 2, Sec. 10(d)
and vested in me by Treasury Department Order No. 101-05, that the
meeting will consist of discussions and debates of the issues presented
to the Committee by the Secretary of the Treasury and the making of
recommendations of the Committee to the Secretary, pursuant to Public
Law 103-202, Sec. 202(c)(1)(B). Thus, this information is exempt from
disclosure under that provision and 5 U.S.C. 552b(c)(3)(B). In
addition, the meeting is concerned with information that is exempt from
disclosure under 5 U.S.C. 552b(c)(9)(A). The public interest requires
that such meetings be closed to the public because the Treasury
Department requires frank and full advice from representatives of the
financial community prior to making its final decisions on major
financing operations. Historically, this advice has been offered by
debt management advisory committees established by the several major
segments of the financial community. When so utilized, such a committee
is recognized to be an advisory committee under 5 U.S.C. App. 2, Sec.
3.
Although the Treasury's final announcement of financing plans may
not reflect the recommendations provided in reports of the Committee,
premature disclosure of the Committee's deliberations and reports would
be likely to lead to significant financial speculation in the
securities market. Thus, this meeting falls within the exemption
covered by 5 U.S.C. 552b(c)(9)(A).
Treasury staff will provide a technical briefing to the press on
the day before the Committee meeting, following the release of a
statement of economic conditions, financing estimates and technical
charts. This briefing will give the press an opportunity to ask
questions about financing projections and technical charts. The day
after the Committee meeting, Treasury will release the minutes of the
meeting, any charts that were discussed at the meeting, and the
Committee's report to the Secretary.
The Office of Debt Management is responsible for maintaining
records of debt management advisory committee meetings and for
providing annual reports setting forth a summary of Committee
activities and such other matters as may be informative to the public
consistent with the policy of 5 U.S.C. 552(b). The Designated Federal
Officer or other responsible agency official who may be contacted for
additional information is Karthik Ramanathan, Acting Assistant
Secretary for Financial Markets (202) 622-2042.
Dated: January 6, 2009.
Karthik Ramanathan,
Acting Assistant Secretary for Financial Markets.
[FR Doc. E9-399 Filed 1-12-09; 8:45 am]
BILLING CODE 4810-35-M
