Proposed Agency Information Collection Activities; Comment Request, 2506-2508 [2019-01438]
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2506
Federal Register / Vol. 84, No. 26 / Thursday, February 7, 2019 / Notices
Statutory
amount
Statutory provision
52 U.S.C. 30116(a)(1)(A) ........................................................................................................................................
52 U.S.C. 30116(a)(1)(B) ........................................................................................................................................
52 U.S.C. 30116(h) ..................................................................................................................................................
The limitation at 52 U.S.C.
30116(a)(1)(A) is to be in effect for the
two-year period beginning on the first
day following the date of the general
election in the preceding year and
ending on the date of the next regularly
scheduled election. Thus the $2,800
figure above is in effect from November
7, 2018, to November 3, 2020. The
limitations under 52 U.S.C.
30116(a)(1)(B) and 30116(h) shall be in
effect beginning January 1st of the oddnumbered year and ending on December
31st of the next even-numbered year.
Thus the new contribution limitations
under 52 U.S.C. 30116(a)(1)(B) and
30116(h) are in effect from January 1,
2019, to December 31, 2020. See 11 CFR
110.17(b)(1).
Lobbyist Bundling Disclosure
Threshold for 2019
The Act requires certain political
committees to disclose contributions
bundled by lobbyists/registrants and
lobbyist/registrant political action
committees once the contributions
exceed a specified threshold amount. 52
U.S.C. 30104(i)(1), (3)(A). The
Commission must adjust this threshold
amount annually to account for
inflation. 52 U.S.C. 30104(i)(1). The
disclosure threshold is increased by
multiplying the $15,000 statutory
disclosure threshold by 1.24558, the
difference between the price index, as
certified to the Commission by the
Secretary of Labor, for the 12 months
preceding the beginning of the calendar
year and the price index for the base
period (calendar year 2006). The
resulting amount is rounded to the
nearest multiple of $100. See 52 U.S.C.
30104(i)(3), 30116(c)(1)(B); 11 CFR
104.22(g). Based upon this formula
($15,000 × 1.24558), the lobbyist
bundling disclosure threshold for
calendar year 2019 is $18,700.
On behalf of the Commission.
Dated: February 4, 2019.
Ellen L. Weintraub,
Chair, Federal Election Commission.
[FR Doc. 2019–01516 Filed 2–6–19; 8:45 am]
BILLING CODE 6715–01–P
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FEDERAL MARITIME COMMISSION
[DOCKET NO. 19–02]
2019–2020
limit
$2,000
25,000
35,000
$2,800
35,500
49,600
This proceeding has been assigned to
the Office of Administrative Law Judges.
The initial decision of the presiding
officer in this proceeding shall be issued
by February 4, 2020, and the final
decision of the Commission shall be
issued by August 18, 2020.
Toyota de Puerto Rico, Corp.,
Complainant v. Puerto Rico Ports
Authority, Crowley Puerto Rico
Services, Inc., and Oceanic General
Agency Inc., Respondents; Notice of
Filing of Complaint and Assignment
Rachel Dickon,
Secretary.
Served: February 4, 2019.
[FR Doc. 2019–01503 Filed 2–6–19; 8:45 am]
Notice is given that a complaint has
been filed with the Federal Maritime
Commission (Commission) by Toyota de
Puerto Rico, Corp., hereinafter
‘‘Complainant,’’ against Puerto Rico
Ports Authority, Crowley Puerto Rico
Services, Inc., and Oceanic General
Agency Inc., hereinafter ‘‘Respondents.’’
Complainant states that it ‘‘ . . . is a
corporation duly organized under the
laws of the Commonwealth of Puerto
Rico. . . .’’ Complainant states that
Respondent Puerto Rico Ports Authority
‘‘. . . is a public corporation
responsible for managing the San Juan
ports facilities, including the terminals
where containerized cargo is received.’’
Complainant states that Respondents
Crowley Puerto Rico Services, Inc., and
Oceanic General Agency Inc. are ‘‘ . . .
corporation(s) duly organized under the
laws of the Commonwealth of Puerto
Rico. . . . ’’
Complainant alleges that it was
charged the Enhanced Security Fee by
and through Respondents, after a U.S.
District Court found that fee to be
unconstitutional as it applied to
customers such as the Complainant
whose cargo did not undergo security
scanning. Complainant further alleges
that ‘‘this was the normal, customary
and continuous practice until 2017, and
impacted Toyota as a shipper.’’
Complainant states that it ‘‘ . . . seeks
reparations for the injury caused to
Toyota by Respondents through
violations of the prohibitions against
undue, unfair, unjust and unreasonably
discriminatory and prejudicial practices
that apply to marine terminal operators
and common carriers under the
Shipping Act of 1984, 46 U.S.C.
41102(c), 41104(4), (5) and (9), and
41106 (2).’’
Complainant seeks reparations in the
amount of $1,166,952.59, and other
relief. The full text of the complaint can
be found in the Commission’s Electronic
Reading Room at www.fmc.gov/19-02/.
BILLING CODE 6731–AA–P
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FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, with revision, a voluntary
survey of the foreign exchange and
derivatives markets, the Central Bank
Survey of Foreign Exchange and
Derivatives Market Activity (FR 3036;
OMB 7100–0285).
DATES: Comments must be submitted on
or before April 8, 2019.
ADDRESSES: You may submit comments,
identified by FR 3036, by any of the
following methods:
• Agency Website: https://
www.federalreserve.gov. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include OMB
number in the subject line of the
message.
• Fax: (202) 452–3819 or (202) 452–
3102.
• Mail: Ann E. Misback, Secretary,
Board of Governors of the Federal
Reserve System, 20th Street and
Constitution Avenue NW, Washington,
DC 20551.
All public comments are available
from the Board’s website at https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons.
Accordingly, your comments will not be
edited to remove any identifying or
SUMMARY:
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Federal Register / Vol. 84, No. 26 / Thursday, February 7, 2019 / Notices
contact information. Public comments
may also be viewed electronically or in
paper form in Room 3515, 1801 K Street
NW (between 18th and 19th Streets
NW), Washington, DC 20006 between
9:00 a.m. and 5:00 p.m. on weekdays.
For security reasons, the Board requires
that visitors make an appointment to
inspect comments. You may do so by
calling (202) 452–3684. 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, commenters
may send a copy of their comments to
the OMB Desk Officer—Shagufta
Ahmed—Office of Information and
Regulatory Affairs, 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, if
approved. These documents will also be
made available on the Board’s public
website at https://
www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears below.
Federal Reserve Board Clearance
Officer—Nuha Elmaghrabi—Office of
the Chief Data Officer, Board of
Governors of the Federal Reserve
System, Washington, DC 20551, (202)
452–3829. Telecommunications Device
for the Deaf (TDD) users may contact
(202) 263–4869, Board of Governors of
the Federal Reserve System,
Washington, DC 20551.
SUPPLEMENTARY INFORMATION: On June
15, 1984, the Office of Management and
Budget (OMB) delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collection of information requests and
requirements conducted or sponsored
by the Board. In exercising this
delegated authority, the Board is
directed to take every reasonable step to
solicit comment. In determining
whether to approve a collection of
information, the Board will consider all
comments received from the public and
other agencies.
Request for Comment on Information
Collection Proposal
The Board invites public comment on
the following information collection,
which is being reviewed under
VerDate Sep<11>2014
17:23 Feb 06, 2019
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authority delegated by the OMB under
the PRA. Comments are invited on the
following:
a. Whether the proposed collection of
information is necessary for the proper
performance of the Board’s functions,
including whether the information has
practical utility;
b. The accuracy of the Board’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;
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; and
e. Estimates of capital or startup costs
and costs of operation, maintenance,
and purchase of services to provide
information.
At the end of the comment period, the
comments and recommendations
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
Proposal Under OMB Delegated
Authority To Extend for Three Years,
With Revision, the Following
Information Collection
Report title: The Central Bank Survey
of Foreign Exchange and Derivatives
Market Activity.
Agency form number: FR 3036.
OMB control number: 7100–0285.
Frequency: Triennially.
Respondents: Financial institutions
that serve as intermediaries in the
wholesale foreign exchange and
derivatives market and dealers.
Estimated number of respondents: 21.
Estimated average hours per response:
55.
Estimated annual burden hours:
1,155.
General description of report: The
survey is a comprehensive source of
global information on the volume of
foreign exchange and derivatives trading
and, as such, is useful to the Federal
Reserve System and other government
agencies in understanding market
developments and trends. The data also
provide the Manager of the System
Open Market Account with information
for analyzing market developments and
conducting Federal Reserve and U.S.
Treasury foreign exchange operations.
Survey data are also used by market
participants to gain a perspective on the
market that is not available from data at
the firm level. Academics and the
general public also use the survey’s data
for research and analysis.
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2507
Proposed revisions: The Board is
proposing changes to the report form
and instructions for the Turnover survey
to align with some of the changes being
adopted in the Bank for International
Settlements (BIS) survey. The Board
proposes to revise the FR 3036 by
modifying the Execution Method
schedule for foreign exchange contracts
(Table C.2) to merge ‘‘Dark Pools’’ 1 with
‘‘Other Electronic Communication
Networks’’ and renaming it under
Electronic-Indirect Trading as
‘‘Disclosed Venues.’’ ‘‘Reuters
Matching/EBS’’ would be renamed
under Electronic Indirect Trading as
‘‘Anonymous Venues.’’ These changes
would provide better information on the
evolution of electronic trading methods,
which have accounted for a large part of
the growth in foreign exchange turnover
in recent years.
The Board also proposes to merge the
separate reporting of bought options and
sold options to ‘‘Sum of Bought and
Sold Options,’’ to align with new BIS
reporting guidelines on Tables A.4, A.5,
and A.6. Additionally, the Board also
proposes modifying and expanding the
maturity breakdown for foreign
exchange forwards and swaps to align
with both broader market standards and
practices as well as with the BIS
reporting guidelines. Additionally, for
single-currency interest rate turnover,
interest rate swaps would be deleted
and replaced by two separate categories,
(1) ‘‘overnight indexed swaps’’, and (2)
‘‘other swaps’’. In addition, Table C.1,
‘‘Complementary Information for
Foreign Exchange Contracts’’ would be
deleted. The Board proposes to make
several clarifications to the reporting
instructions to provide additional
guidance to the definitions used for the
Execution Method schedule as well as
to reflect the changes and deleted items
from the report form.
Legal authorization and
confidentiality: The Board’s Legal
Division has determined that the FR
3036 is authorized pursuant to sections
2A and 12A of the Federal Reserve Act
(‘‘FRA’’). Section 2A of the FRA requires
that the Board and the Federal Open
Market Committee (FOMC) maintain
long-run growth of the monetary and
credit aggregates commensurate with
the economy’s long run potential to
increase production, so as to promote
effectively the goals of maximum
employment, stable prices, and
moderate long-term interest rates (12
U.S.C. 225a). Under section 12A of the
FRA, the FOMC is required to
1 Dark pools are private platforms for trading
securities especially for large trade sizes, where
access is restricted and quotes are not revealed.
E:\FR\FM\07FEN1.SGM
07FEN1
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Federal Register / Vol. 84, No. 26 / Thursday, February 7, 2019 / Notices
implement regulations relating to the
open market operations conducted by
Federal Reserve Banks. Those
transactions must be governed with a
view to accommodating commerce and
business and with regard to their
bearing upon the general credit situation
of the country (12 U.S.C. 263). The
Board and the FOMC use the
information obtained from the FR 3036
to help fulfill these obligations.
The FR 3036 is a voluntary survey.
Because the release of this information
would cause substantial harm to the
competitive position of the entity from
whom the information was obtained, the
information collected on the FR 3036
may be granted confidential treatment
under exemption (b)(4) of the Freedom
of Information Act, (5 U.S.C. 552(b)(4)),
which protects from disclosure ‘‘trade
secrets and commercial or financial
information obtained from a person and
privileged or confidential.’’
Consultation outside the agency: This
survey is being coordinated by the BIS
with other participating central banks.
Board of Governors of the Federal Reserve
System, February 4, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–01438 Filed 2–6–19; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Centers for Disease Control and
Prevention
[30-Day–19–0571]
Agency Forms Undergoing Paperwork
Reduction Act Review
In accordance with the Paperwork
Reduction Act of 1995, the Centers for
Disease Control and Prevention (CDC)
has submitted the information
collection request titled Minimum Data
Elements (MDEs) for the National Breast
and Cervical Cancer Early Detection
Program (NBCCEDP) to the Office of
Management and Budget (OMB) for
review and approval. CDC previously
published a ‘‘Proposed Data Collection
Submitted for Public Comment and
Recommendations’’ notice on March 5,
2018 to obtain comments from the
public and affected agencies. CDC did
not receive comments related to the
previous notice. This notice serves to
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17:23 Feb 06, 2019
Jkt 247001
allow an additional 30 days for public
and affected agency comments.
CDC will accept all comments for this
proposed information collection project.
The Office of Management and Budget
is particularly interested in comments
that:
(a) 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;
(b) Evaluate the accuracy of the
agencies estimate of the burden of the
proposed collection of information,
including the validity of the
methodology and assumptions used;
(c) Enhance the quality, utility, and
clarity of the information to be
collected;
(d) 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; and
(e) Assess information collection
costs.
To request additional information on
the proposed project or to obtain a copy
of the information collection plan and
instruments, call (404) 639–7570 or
send an email to omb@cdc.gov. Direct
written comments and/or suggestions
regarding the items contained in this
notice to the Attention: CDC Desk
Officer, Office of Management and
Budget, 725 17th Street NW,
Washington, DC 20503 or by fax to (202)
395–5806. Provide written comments
within 30 days of notice publication.
Proposed Project
Minimum Data Elements (MDEs) for
the National Breast and Cervical Cancer
Early Detection Program (NBCCEDP)—
(OMB No. 0920–0571, exp. 12/31/
2018)—Reinstatement with Change—
National Center for Chronic Disease
Prevention and Health Promotion
(NCCDPHP), Centers for Disease Control
and Prevention (CDC)
Background and Brief Description
CDC is requesting a Reinstatement
with Change to OMB No. 0920–0571.
Based on feedback from grantees and
internal subject matter experts, CDC
proposes use of revised minimum data
elements (MDEs).
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Fmt 4703
Sfmt 4703
Both breast and cervical cancers are
prevalent among U.S. women—in 2014,
more than 236,000 women were
diagnosed with breast cancer, and more
than 12,000 women were diagnosed
with cervical cancer. Evidence shows
that deaths from both breast and
cervical cancers can be avoided by
increasing screening services—
mammography and Pap tests—among
women. However, screening is typically
underutilized among women who are
under- or uninsured, have no regular
source of healthcare, or who recently
immigrated to the U.S.
Congress passed the Breast and
Cervical Cancer Mortality Prevention
Act of 1990, which directed CDC to
establish the National Breast and
Cervical Cancer Early Detection Program
(NBCCEDP). The purpose of the
NBCCEDP is to increase breast and
cervical cancer screening rates among
priority populations by funding grantees
to provide breast and cervical cancer
screening services to eligible women.
CDC issued a new funding opportunity
announcement to support a five-year
cooperative agreement under CDC–
RFA–DP17–1701. The number of
grantees will increase from 67 grantees
to 70 grantees.
CDC proposes a Reinstatement with
Change to the MDEs to include removal
of several data variables that are no
longer relevant for CDC analyses, as
well as collapsing/revising several data
variables to reduce burden and increase
clarity for respondents. The MDEs focus
on: (1) Patient demographics, (2) breast
cancer screening, (3) cervical cancer
screening, (4) breast and cervical cancer
diagnoses, (5) breast and cervical cancer
treatment, (6) timeliness of services, and
(7) patient navigation.
Redesigned data elements will enable
CDC to better gauge progress in meeting
clinical service delivery processes and
patient-level outcomes. Findings will
allow CDC to assess program progress in
meeting goals and monitor
implementation activities, evaluate
outcomes, and identify grantee technical
assistance needs. In addition, data
collected will inform program
improvement and help identify
successful activities that need to be
maintained, replicated, or expanded.
OMB approval is requested for three
years. The total estimated annualized
burden hours will decrease from 536 to
350 hours. There are no costs to
respondents other than their time.
E:\FR\FM\07FEN1.SGM
07FEN1
]]>Agencies
[Federal Register Volume 84, Number 26 (Thursday, February 7, 2019)]
[Notices]
[Pages 2506-2508]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-01438]
=======================================================================
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, with revision,
a voluntary survey of the foreign exchange and derivatives markets, the
Central Bank Survey of Foreign Exchange and Derivatives Market Activity
(FR 3036; OMB 7100-0285).
DATES: Comments must be submitted on or before April 8, 2019.
ADDRESSES: You may submit comments, identified by FR 3036, by any of
the following methods:
Agency Website: https://www.federalreserve.gov. Follow the
instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
Email: regs.comments@federalreserve.gov. Include OMB
number in the subject line of the message.
Fax: (202) 452-3819 or (202) 452-3102.
Mail: Ann E. Misback, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue NW,
Washington, DC 20551.
All public comments are available from the Board's website at
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted,
unless modified for technical reasons. Accordingly, your comments will
not be edited to remove any identifying or
[[Page 2507]]
contact information. Public comments may also be viewed electronically
or in paper form in Room 3515, 1801 K Street NW (between 18th and 19th
Streets NW), Washington, DC 20006 between 9:00 a.m. and 5:00 p.m. on
weekdays. For security reasons, the Board requires that visitors make
an appointment to inspect comments. You may do so by calling (202) 452-
3684. 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,
commenters may send a copy of their comments to the OMB Desk Officer--
Shagufta Ahmed--Office of Information and Regulatory Affairs, 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, if approved. These documents will also be made available
on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance
officer, whose name appears below.
Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of
the Chief Data Officer, Board of Governors of the Federal Reserve
System, Washington, DC 20551, (202) 452-3829. Telecommunications Device
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors
of the Federal Reserve System, Washington, DC 20551.
SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management
and Budget (OMB) delegated to the Board authority under the Paperwork
Reduction Act (PRA) to approve and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board. In exercising this delegated authority, the
Board is directed to take every reasonable step to solicit comment. In
determining whether to approve a collection of information, the Board
will consider all comments received from the public and other agencies.
Request for Comment on Information Collection Proposal
The Board invites public comment on the following information
collection, which is being reviewed under authority delegated by the
OMB under the PRA. Comments are invited on the following:
a. Whether the proposed collection of information is necessary for
the proper performance of the Board's functions, including whether the
information has practical utility;
b. The accuracy of the Board'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;
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; and
e. Estimates of capital or startup costs and costs of operation,
maintenance, and purchase of services to provide information.
At the end of the comment period, the comments and recommendations
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Extend for Three Years, With
Revision, the Following Information Collection
Report title: The Central Bank Survey of Foreign Exchange and
Derivatives Market Activity.
Agency form number: FR 3036.
OMB control number: 7100-0285.
Frequency: Triennially.
Respondents: Financial institutions that serve as intermediaries in
the wholesale foreign exchange and derivatives market and dealers.
Estimated number of respondents: 21.
Estimated average hours per response: 55.
Estimated annual burden hours: 1,155.
General description of report: The survey is a comprehensive source
of global information on the volume of foreign exchange and derivatives
trading and, as such, is useful to the Federal Reserve System and other
government agencies in understanding market developments and trends.
The data also provide the Manager of the System Open Market Account
with information for analyzing market developments and conducting
Federal Reserve and U.S. Treasury foreign exchange operations. Survey
data are also used by market participants to gain a perspective on the
market that is not available from data at the firm level. Academics and
the general public also use the survey's data for research and
analysis.
Proposed revisions: The Board is proposing changes to the report
form and instructions for the Turnover survey to align with some of the
changes being adopted in the Bank for International Settlements (BIS)
survey. The Board proposes to revise the FR 3036 by modifying the
Execution Method schedule for foreign exchange contracts (Table C.2) to
merge ``Dark Pools'' \1\ with ``Other Electronic Communication
Networks'' and renaming it under Electronic-Indirect Trading as
``Disclosed Venues.'' ``Reuters Matching/EBS'' would be renamed under
Electronic Indirect Trading as ``Anonymous Venues.'' These changes
would provide better information on the evolution of electronic trading
methods, which have accounted for a large part of the growth in foreign
exchange turnover in recent years.
---------------------------------------------------------------------------
\1\ Dark pools are private platforms for trading securities
especially for large trade sizes, where access is restricted and
quotes are not revealed.
---------------------------------------------------------------------------
The Board also proposes to merge the separate reporting of bought
options and sold options to ``Sum of Bought and Sold Options,'' to
align with new BIS reporting guidelines on Tables A.4, A.5, and A.6.
Additionally, the Board also proposes modifying and expanding the
maturity breakdown for foreign exchange forwards and swaps to align
with both broader market standards and practices as well as with the
BIS reporting guidelines. Additionally, for single-currency interest
rate turnover, interest rate swaps would be deleted and replaced by two
separate categories, (1) ``overnight indexed swaps'', and (2) ``other
swaps''. In addition, Table C.1, ``Complementary Information for
Foreign Exchange Contracts'' would be deleted. The Board proposes to
make several clarifications to the reporting instructions to provide
additional guidance to the definitions used for the Execution Method
schedule as well as to reflect the changes and deleted items from the
report form.
Legal authorization and confidentiality: The Board's Legal Division
has determined that the FR 3036 is authorized pursuant to sections 2A
and 12A of the Federal Reserve Act (``FRA''). Section 2A of the FRA
requires that the Board and the Federal Open Market Committee (FOMC)
maintain long-run growth of the monetary and credit aggregates
commensurate with the economy's long run potential to increase
production, so as to promote effectively the goals of maximum
employment, stable prices, and moderate long-term interest rates (12
U.S.C. 225a). Under section 12A of the FRA, the FOMC is required to
[[Page 2508]]
implement regulations relating to the open market operations conducted
by Federal Reserve Banks. Those transactions must be governed with a
view to accommodating commerce and business and with regard to their
bearing upon the general credit situation of the country (12 U.S.C.
263). The Board and the FOMC use the information obtained from the FR
3036 to help fulfill these obligations.
The FR 3036 is a voluntary survey. Because the release of this
information would cause substantial harm to the competitive position of
the entity from whom the information was obtained, the information
collected on the FR 3036 may be granted confidential treatment under
exemption (b)(4) of the Freedom of Information Act, (5 U.S.C.
552(b)(4)), which protects from disclosure ``trade secrets and
commercial or financial information obtained from a person and
privileged or confidential.''
Consultation outside the agency: This survey is being coordinated
by the BIS with other participating central banks.
Board of Governors of the Federal Reserve System, February 4,
2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-01438 Filed 2-6-19; 8:45 am]
BILLING CODE 6210-01-P
