Departmental Offices; Debt Management Advisory Committee Meeting, 2740-2741 [2021-00563]

Download as PDF 2740 Federal Register / Vol. 86, No. 8 / Wednesday, January 13, 2021 / Notices date of publication of the second notice for this collection 1 by the following method: • Viewing Comments Electronically: Go to www.reginfo.gov. Click on the ‘‘Information Collection Review’’ tab. Underneath the ‘‘Currently under Review’’ section heading, from the dropdown menu select ‘‘Department of Treasury’’ and then click ‘‘submit.’’ This information collection can be located by searching by OMB control number ‘‘1557–0124’’ or ‘‘Uniform Interagency Transfer Agent Registration and Deregistration Forms.’’ Upon finding the appropriate information collection, click on the related ‘‘ICR Reference Number.’’ On the next screen, select ‘‘View Supporting Statement and Other Documents’’ and then click on the link to any comment listed at the bottom of the screen. • For assistance in navigating www.reginfo.gov, please contact the Regulatory Information Service Center at (202) 482–7340. FOR FURTHER INFORMATION CONTACT: Shaquita Merritt, OCC Clearance Officer, 202–649–5490, Chief Counsel’s Office, Office of the Comptroller of the Currency, 400 7th Street SW, Washington, DC 20219. SUPPLEMENTARY INFORMATION: Under the PRA (44 U.S.C. 3501–3520), Federal agencies must obtain approval from the OMB for each collection of information that they conduct or sponsor. ‘‘Collection of information’’ is defined in 44 U.S.C. 3502(3) and 5 CFR 1320.3(c) to include agency requests or requirements that members of the public submit reports, keep records, or provide information to a third party. Section 3506(c)(2)(A) of title 44 requires Federal agencies to provide a 60-day notice in the Federal Register concerning each proposed collection of information, including each proposed extension or revision of an existing collection of information, before submitting the collection to OMB for approval. To comply with this requirement, the OCC is publishing notice of the revision of the collection of information set forth in this document. Report Title: Uniform Interagency Transfer Agent Registration and Deregistration Forms. Form Numbers: Form TA–1 & TA–W. Frequency of Response: On occasion. Affected Public: National banks and their subsidiaries, Federal savings associations and their subsidiaries. OMB Control No.: 1557–0124. 1 Following the close of this notice’s 60-day comment period, the OCC will publish a second notice with a 30-day comment period. VerDate Sep<11>2014 18:08 Jan 12, 2021 Jkt 253001 Form TA–1 Estimated Number of Respondents: Registrations: 1; Amendments: 10. Estimated Average Time per Response: Registrations: 1.25 hours; Amendments: 10 minutes. Estimated Total Annual Burden: 3 hours. Form TA–W Estimated Number of Respondents: Deregistrations: 2. Estimated Average Time per Response: Deregistrations: 30 minutes. Estimated Total Annual Burden: 1 hour. Section 17A(c) of the Securities Exchange Act of 1934 (the Act) requires all transfer agents for qualifying securities registered under section 12 of the Act, as well as for securities that would be required to be registered except for the exemption from registration provided by section 12(g)(2)(B) or section 12(g)(2)(G), to file with the appropriate regulatory agency an application for registration in such form and containing such information and documents as such appropriate regulatory agency may prescribe as necessary or appropriate in furtherance of the purposes of this section.2 In general, an entity performing transfer agent functions for a qualifying security is required to register with its appropriate regulatory agency (‘‘ARA’’). The OCC’s regulations at 12 CFR 9.20 implement these provisions of the Act. To accomplish the registration of transfer agents, Form TA–1 was developed in 1975 as an interagency effort by the Securities and Exchange Commission (SEC) and the Federal banking agencies (the OCC, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation). The agencies primarily use the data collected on Form TA–1 to determine whether an application for registration should be approved, denied, accelerated, or postponed, and they use the data in connection with their supervisory responsibilities. In addition, when a national bank or Federal savings association no longer acts as a transfer agent for covered corporate securities or when the national bank or Federal savings association is no longer supervised by the OCC, i.e., liquidates or converts to another form of financial institution, the national bank or Federal savings association must file Form TA– W with the OCC, requesting withdrawal from registration as a transfer agent. Forms TA–1 and TA–W are mandatory and their collection is 2 15 PO 00000 Fmt 4703 Request for Comment Comments submitted in response to this notice will be summarized and included in the submission to OMB. Comments are requested on: (a) Whether the information collections are necessary for the proper performance of the OCC’s functions, including whether the information has practical utility; (b) The accuracy of the OCC’s estimates of the burden of the information collections, 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 collections on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Bao Nguyen, Principal Deputy Chief Counsel, Office of the Comptroller of the Currency. [FR Doc. 2021–00453 Filed 1–12–21; 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 U.S.C. 78q–1(c). Frm 00104 authorized by sections 17A(c), 17(a)(3), and 23(a)(1) of the Act, as amended (15 U.S.C. 78q–1(c), 78q(a)(3), and 78w(a)(1)). Additionally, section 3(a)(34)(B)(i) of the Act (15 U.S.C. 78c(a)(34)(B)(i)) provides that the OCC is the ARA in the case of a national banks and Federal savings associations and subsidiaries of such institutions. The registrations are public filings and are not considered confidential. The OCC needs the information contained in this collection to fulfill its statutory responsibilities. Section 17A(c)(2) of the Act (15 U.S.C. 78q– 1(c)(2)), as amended, provides that all those authorized to transfer securities registered under section 12 of the Act (transfer agents) shall register by filing with the appropriate regulatory agency an application for registration in such form and containing such information and documents as such appropriate regulatory agency may prescribe to be necessary or appropriate in furtherance of the purposes of this section. Sfmt 4703 E:\FR\FM\13JAN1.SGM 13JAN1 Federal Register / Vol. 86, No. 8 / Wednesday, January 13, 2021 / Notices will take place via conference call on February 2, 2021 at 9 a.m. of the following debt management advisory .committee: Treasury Borrowing Advisory Committee of The Securities Industry and Financial Markets Association. At this meeting, the Treasury is seeking advice from the Committee on topics related to the economy, financial markets, Treasury financing, and debt management. 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. 3121 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 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). VerDate Sep<11>2014 18:08 Jan 12, 2021 Jkt 253001 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 Fred Pietrangeli, Director for Office of Debt Management (202) 622–1876. Dated: January 8, 2021. Frederick E. Pietrangeli, Director, Office of Debt Management. [FR Doc. 2021–00563 Filed 1–12–21; 8:45 am] BILLING CODE 4810–25–P U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION Notice of Open Public Hearing U.S.-China Economic and Security Review Commission. ACTION: Notice of open public hearing. AGENCY: Notice is hereby given of the following hearing of the U.S.-China Economic and Security Review Commission. The Commission is mandated by Congress to investigate, assess, and report to Congress annually on ‘‘the national security implications of the economic relationship between the United States and the People’s Republic of China.’’ Pursuant to this mandate, the Commission will hold a public hearing in Washington, DC on January 28, 2021 on ‘‘U.S.-China Relations at the Chinese Communist Party’s Centennial.’’ DATES: The hearing is scheduled for Thursday, January 28, 2021, 10:30 a.m. ADDRESSES: This hearing will be held with panelists and Commissioners participating in-person or online via videoconference. Members of the audience will be able to view a live webcast via the Commission’s website at www.uscc.gov. Also, please check the Commission’s website for possible changes to the hearing schedule. Reservations are not required to attend the hearing. FOR FURTHER INFORMATION CONTACT: Any member of the public seeking further information concerning the hearing SUMMARY: PO 00000 Frm 00105 Fmt 4703 Sfmt 9990 2741 should contact Jameson Cunningham, 444 North Capitol Street NW, Suite 602, Washington, DC 20001; via email at jcunningham@uscc.gov. Reservations are not required to attend the hearing. ADA Accessibility: For questions about the accessibility of the event or to request an accommodation, please contact Jameson Cunningham via email at jcunningham@uscc.gov. Requests for an accommodation should be made as soon as possible, and at least five business days prior to the event. SUPPLEMENTARY INFORMATION: Background: This is the first public hearing the Commission will hold during its 2021 report cycle. The hearing will evaluate the state of the U.S.-China relationship, the Chinese Communist Party’s goals in the year of its centennial, and the implications for the United States. The first panel will offer a net assessment of the current state of U.S.-China political, economic, and security relations heading into 2021. The second panel will examine key takeaways from the Fifth Plenum and other recent high-level CCP conferences and statements. The third panel will consider the implications for the United Sates of the trend lines in China’s politics, economy, security policy, and foreign affairs. The hearing will be co-chaired by Chairman Carolyn Bartholomew and Commissioner Roy Kamphausen. Any interested party may file a written statement by January 28, 2021 by transmitting to the contact above. A portion the hearing will include a question and answer period between the Commissioners and the witnesses. Authority: Congress created the U.S.China Economic and Security Review Commission in 2000 in the National Defense Authorization Act (Pub. L. 106– 398), as amended by Division P of the Consolidated Appropriations Resolution, 2003 (Pub. L. 108–7), as amended by Public Law 109–108 (November 22, 2005), as amended by Public Law 113–291 (December 19, 2014). Dated: January 7, 2021. Daniel W. Peck, Executive Director, U.S.-China Economic and Security Review Commission. [FR Doc. 2021–00519 Filed 1–12–21; 8:45 am] BILLING CODE 1137–00–P E:\FR\FM\13JAN1.SGM 13JAN1

Agencies

[Federal Register Volume 86, Number 8 (Wednesday, January 13, 2021)]
[Notices]
[Pages 2740-2741]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-00563]


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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, 10(a)(2), that 
a meeting

[[Page 2741]]

will take place via conference call on February 2, 2021 at 9 a.m. of 
the following debt management advisory .committee: Treasury Borrowing 
Advisory Committee of The Securities Industry and Financial Markets 
Association.
    At this meeting, the Treasury is seeking advice from the Committee 
on topics related to the economy, financial markets, Treasury 
financing, and debt management. 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. 3121 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, 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, 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).
    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 Fred Pietrangeli, Director for Office of Debt 
Management (202) 622-1876.

    Dated: January 8, 2021.
Frederick E. Pietrangeli,
Director, Office of Debt Management.
[FR Doc. 2021-00563 Filed 1-12-21; 8:45 am]
BILLING CODE 4810-25-P