Agency Information Collection Activities; Submission for OMB Review; Comment Request; Foreign Currency Transactions Prohibited Transaction Class Exemption, 47118 [2012-19172]

Download as PDF 47118 Federal Register / Vol. 77, No. 152 / Tuesday, August 7, 2012 / Notices identifying information (such as name and address) voluntarily submitted by the commenter. If you wish to submit personal identifying information (such as your name, address, etc.) as part of your comment, but do not wish for it to be posted online, you must include the phrase ‘‘PERSONAL IDENTIFYING INFORMATION’’ in the first paragraph of your comment. You also must locate all the personal identifying information you do not wish to be posted online in the first paragraph of your comment and clearly identify what information you would like redacted. If you wish to submit confidential business information as part of your comment but do not wish for it to be posted online, you must include the phrase ‘‘CONFIDENTIAL BUSINESS INFORMATION’’ in the first paragraph of your comment. You also must prominently identify confidential business information to be redacted within the comment. If a comment has so much confidential business information that it cannot be effectively redacted, all or part of that comment may not be posted online. Personal identifying information and confidential business information identified and located as set forth above will be placed in the agency’s public docket file (which will be made available for public inspection upon request), but not posted online. John H. Laub, Director, National Institute of Justice. [FR Doc. 2012–19206 Filed 8–6–12; 8:45 am] BILLING CODE 4410–18–P DEPARTMENT OF LABOR Office of the Secretary Agency Information Collection Activities; Submission for OMB Review; Comment Request; Foreign Currency Transactions Prohibited Transaction Class Exemption ACTION: Notice. The Department of Labor (DOL) is submitting the Employee Benefits Security Administration (EBSA) sponsored information collection request (ICR) titled, ‘‘Foreign Currency Transactions Prohibited Transaction Class Exemption,’’ to the Office of Management and Budget (OMB) for review and approval for continued use in accordance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501 et seq.). DATES: Submit comments on or before September 6, 2012. mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 16:52 Aug 06, 2012 Jkt 226001 A copy of this ICR with applicable supporting documentation; including a description of the likely respondents, proposed frequency of response, and estimated total burden may be obtained from the RegInfo.gov Web site, https://www.reginfo.gov/ public/do/PRAMain, on the day following publication of this notice or by contacting Michel Smyth by telephone at 202–693–4129 (this is not a toll-free number) or sending an email to DOL_PRA_PUBLIC@dol.gov. Submit comments about this request to the Office of Information and Regulatory Affairs, Attn: OMB Desk Officer for DOL–EBSA, Office of Management and Budget, Room 10235, 725 17th Street NW., Washington, DC 20503, Telephone: 202–395–6929/Fax: 202–395–6881 (these are not toll-free numbers), email: OIRA_submission@omb.eop.gov. ADDRESSES: FOR FURTHER INFORMATION CONTACT: Michel Smyth by telephone at 202–693– 4129 (this is not a toll-free number) or by email at DOL_PRA_PUBLIC@dol.gov. Authority: 44 U.S.C. 3507(a)(1)(D). The Foreign Currency Transactions Prohibited Transaction Class Exemption permits, under circumstances the Employee Retirement Income Security Act of 1974 would otherwise preclude, the purchase and sale of foreign currencies between an employee benefit plan and a bank or a broker dealer or an affiliate thereof that is a party in interest with respect to such plan. The exemption imposes recordkeeping and disclosure requirements. This information collection is subject to the PRA. A Federal agency generally cannot conduct or sponsor a collection of information, and the public is generally not required to respond to an information collection, unless it is approved by the OMB under the PRA and displays a currently valid OMB Control Number. In addition, notwithstanding any other provisions of law, no person shall generally be subject to penalty for failing to comply with a collection of information if the collection of information does not display a valid Control Number. See 5 CFR 1320.5(a) and 1320.6. The DOL obtains OMB approval for this information collection under Control Number 1210–0085. The current approval is scheduled to expire on August 31, 2012; however, it should be noted that existing information collection requirements submitted to the OMB receive a month-to-month extension while they undergo review. For additional information, see the SUPPLEMENTARY INFORMATION: PO 00000 Frm 00091 Fmt 4703 Sfmt 9990 related notice published in the Federal Register on April 5, 2012 (77 FR 60250). Interested parties are encouraged to send comments to the OMB, Office of Information and Regulatory Affairs at the address shown in the ADDRESSES section within 30 days of publication of this notice in the Federal Register. In order to help ensure appropriate consideration, comments should mention OMB Control Number 1210– 0085. The OMB is particularly interested in comments that: • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Agency: DOL–EBSA. Title of Collection: Foreign Currency Transactions Prohibited Transaction Class Exemption. OMB Control Number: 1210–0085. Affected Public: Private Sector— Businesses or other for-profits. Total Estimated Number of Respondents: 271. Total Estimated Number of Responses: 1,355. Total Estimated Annual Burden Hours: 226. Total Estimated Annual Other Costs Burden: $0. Dated: July 31, 2012. Michel Smyth, Departmental Clearance Officer. [FR Doc. 2012–19172 Filed 8–6–12; 8:45 a.m.] BILLING CODE 4510–29–P E:\FR\FM\07AUN1.SGM 07AUN1

Agencies

[Federal Register Volume 77, Number 152 (Tuesday, August 7, 2012)]
[Notices]
[Page 47118]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-19172]


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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Foreign Currency Transactions Prohibited 
Transaction Class Exemption

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Department of Labor (DOL) is submitting the Employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) titled, ``Foreign Currency Transactions 
Prohibited Transaction Class Exemption,'' to the Office of Management 
and Budget (OMB) for review and approval for continued use in 
accordance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 
3501 et seq.).

DATES: Submit comments on or before September 6, 2012.

ADDRESSES: A copy of this ICR with applicable supporting documentation; 
including a description of the likely respondents, proposed frequency 
of response, and estimated total burden may be obtained from the 
RegInfo.gov Web site, https://www.reginfo.gov/public/do/PRAMain, on the 
day following publication of this notice or by contacting Michel Smyth 
by telephone at 202-693-4129 (this is not a toll-free number) or 
sending an email to DOL_PRA_PUBLIC@dol.gov.
    Submit comments about this request to the Office of Information and 
Regulatory Affairs, Attn: OMB Desk Officer for DOL-EBSA, Office of 
Management and Budget, Room 10235, 725 17th Street NW., Washington, DC 
20503, Telephone: 202-395-6929/Fax: 202-395-6881 (these are not toll-
free numbers), email: OIRA_submission@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT: Michel Smyth by telephone at 202-693-
4129 (this is not a toll-free number) or by email at DOL_PRA_PUBLIC@dol.gov.

    Authority:  44 U.S.C. 3507(a)(1)(D).

SUPPLEMENTARY INFORMATION: The Foreign Currency Transactions Prohibited 
Transaction Class Exemption permits, under circumstances the Employee 
Retirement Income Security Act of 1974 would otherwise preclude, the 
purchase and sale of foreign currencies between an employee benefit 
plan and a bank or a broker dealer or an affiliate thereof that is a 
party in interest with respect to such plan. The exemption imposes 
recordkeeping and disclosure requirements.
    This information collection is subject to the PRA. A Federal agency 
generally cannot conduct or sponsor a collection of information, and 
the public is generally not required to respond to an information 
collection, unless it is approved by the OMB under the PRA and displays 
a currently valid OMB Control Number. In addition, notwithstanding any 
other provisions of law, no person shall generally be subject to 
penalty for failing to comply with a collection of information if the 
collection of information does not display a valid Control Number. See 
5 CFR 1320.5(a) and 1320.6. The DOL obtains OMB approval for this 
information collection under Control Number 1210-0085. The current 
approval is scheduled to expire on August 31, 2012; however, it should 
be noted that existing information collection requirements submitted to 
the OMB receive a month-to-month extension while they undergo review. 
For additional information, see the related notice published in the 
Federal Register on April 5, 2012 (77 FR 60250).
    Interested parties are encouraged to send comments to the OMB, 
Office of Information and Regulatory Affairs at the address shown in 
the ADDRESSES section within 30 days of publication of this notice in 
the Federal Register. In order to help ensure appropriate 
consideration, comments should mention OMB Control Number 1210-0085. 
The OMB is particularly interested in comments that:
     Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
     Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;
     Enhance the quality, utility, and clarity of the 
information to be collected; and
     Minimize the burden of the collection of information on 
those who are to respond, including through the use of appropriate 
automated, electronic, mechanical, or other technological collection 
techniques or other forms of information technology, e.g., permitting 
electronic submission of responses.
    Agency: DOL-EBSA.
    Title of Collection: Foreign Currency Transactions Prohibited 
Transaction Class Exemption.
    OMB Control Number: 1210-0085.
    Affected Public: Private Sector--Businesses or other for-profits.
    Total Estimated Number of Respondents: 271.
    Total Estimated Number of Responses: 1,355.
    Total Estimated Annual Burden Hours: 226.
    Total Estimated Annual Other Costs Burden: $0.

    Dated: July 31, 2012.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2012-19172 Filed 8-6-12; 8:45 a.m.]
BILLING CODE 4510-29-P

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