Proposed Collection of Information: Government Securities Act of 1986, 19950 [2021-07703]

Download as PDF 19950 Federal Register / Vol. 86, No. 71 / Thursday, April 15, 2021 / Notices Number of respondents Annual hours per respondent Average hourly compensation Estimated annual labor cost per respondent Total estimated annual burden hours Total estimated annual labor costs 56 ..................................................... 98 75.16 $7,365.68 5,488 $412,478.08 or $412,478 Estimated Total Annual Burden Cost: There are no capital, start-up, or annual operation and maintenance costs involved in the collection of information. The respondents would not incur any reporting costs from the information collection beyond the labor costs associated with the burden hours to gather the information, prepare it for reporting and then populate the Webbased data collection tool. The respondents also would not incur any recordkeeping burden or recordkeeping costs from the information collection. Public Comments Invited: You are asked to comment on any aspects of this information collection, including (a) whether the proposed collection of information is necessary for the proper performance of the functions of the Department, including whether the information will have practical utility; (b) the accuracy of the Department’s estimate of the burden of the proposed information collection; (c) ways to enhance the quality, utility and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including the use of automated collection techniques or other forms of information technology. Authority: The Paperwork Reduction Act of 1995; 44 U.S.C. Chapter 35, as amended; 49 CFR 1.49; and DOT Order 1351.29. Issued in Washington, DC. Nanda Narayanan Srinivasan, Associate Administrator, Research and Program Development. [FR Doc. 2021–06974 Filed 4–14–21; 8:45 am] BILLING CODE 4910–59–P DEPARTMENT OF THE TREASURY Bureau of the Fiscal Service Proposed Collection of Information: Government Securities Act of 1986 Notice and request for comments. ACTION: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collection, as required by the Paperwork jbell on DSKJLSW7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:27 Apr 14, 2021 Jkt 253001 Reduction Act of 1995. Currently, the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the collection of information associated with the Government Securities Act (GSA) of 1986, as amended (15 U.S.C. 78o–5). DATES: Written comments should be received on or before June 14, 2021 to be assured of consideration. ADDRESSES: Direct all written comments and requests for additional information to Lori Santamorena, Government Securities Regulations Staff, Bureau of the Fiscal Service, (202) 504–3632, govsecreg@fiscal.treasury.gov. SUPPLEMENTARY INFORMATION: Title: Government Securities Act of 1986, as amended, (15 U.S.C. 78o–5). OMB Number: 1530–0064. Abstract: The information collection is contained within the regulations issued pursuant to the GSA, which require government securities brokers and dealers to make and keep certain records concerning their business activities and their holdings of government securities, to submit financial reports, and to make certain disclosures to investors. The regulations also require depository institutions to keep certain records of non-fiduciary custodial holdings of government securities. The regulations and associated information collection are fundamental to customer protection and dealer financial responsibility. Current Actions: Extension of a currently approved collection. Type of Review: Regular. Affected Public: Private Sector (Government securities brokers and dealers and financial institutions). Estimated Number of Respondents: 2,670. Estimated Total Annual Burden Hours: 215,111. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: 1. Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; 2. the accuracy of the agency’s estimate of the burden of the collection of information; 3. ways to PO 00000 Frm 00082 Fmt 4703 Sfmt 4703 enhance the quality, utility, and clarity of the information to be collected; 4. ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and 5. estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Dated: April 12, 2021. Bruce A. Sharp, Bureau PRA Clearance Officer. [FR Doc. 2021–07703 Filed 4–14–21; 8:45 am] BILLING CODE 4810–AS–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 3491 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Form 3491, Consumer Cooperative Exemption Application. DATES: Written comments should be received on or before June 14, 2021 to be assured of consideration. ADDRESSES: Direct all written comments to Kinna Brewington, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Sara Covington, (737) 800–6149, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Sara.L.Covington@irs.gov. SUPPLEMENTARY INFORMATION: Title: Consumer Cooperative Exemption Application. OMB Number: 1545–1941. SUMMARY: E:\FR\FM\15APN1.SGM 15APN1

Agencies

[Federal Register Volume 86, Number 71 (Thursday, April 15, 2021)]
[Notices]
[Page 19950]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07703]


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DEPARTMENT OF THE TREASURY

Bureau of the Fiscal Service


Proposed Collection of Information: Government Securities Act of 
1986

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on proposed and/or continuing information collection, as required by 
the Paperwork Reduction Act of 1995. Currently, the Bureau of the 
Fiscal Service within the Department of the Treasury is soliciting 
comments concerning the collection of information associated with the 
Government Securities Act (GSA) of 1986, as amended (15 U.S.C. 78o-5).

DATES: Written comments should be received on or before June 14, 2021 
to be assured of consideration.

ADDRESSES: Direct all written comments and requests for additional 
information to Lori Santamorena, Government Securities Regulations 
Staff, Bureau of the Fiscal Service, (202) 504-3632, 
[email protected].

SUPPLEMENTARY INFORMATION:
    Title: Government Securities Act of 1986, as amended, (15 U.S.C. 
78o-5).
    OMB Number: 1530-0064.
    Abstract: The information collection is contained within the 
regulations issued pursuant to the GSA, which require government 
securities brokers and dealers to make and keep certain records 
concerning their business activities and their holdings of government 
securities, to submit financial reports, and to make certain 
disclosures to investors. The regulations also require depository 
institutions to keep certain records of non-fiduciary custodial 
holdings of government securities. The regulations and associated 
information collection are fundamental to customer protection and 
dealer financial responsibility.
    Current Actions: Extension of a currently approved collection.
    Type of Review: Regular.
    Affected Public: Private Sector (Government securities brokers and 
dealers and financial institutions).
    Estimated Number of Respondents: 2,670.
    Estimated Total Annual Burden Hours: 215,111.
    Request for Comments: Comments submitted in response to this notice 
will be summarized and/or included in the request for OMB approval. All 
comments will become a matter of public record. Comments are invited 
on: 1. Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information shall have practical utility; 2. the accuracy of the 
agency's estimate of the burden of the collection of information; 3. 
ways to enhance the quality, utility, and clarity of the information to 
be collected; 4. ways to minimize the burden of the collection of 
information on respondents, including through the use of automated 
collection techniques or other forms of information technology; and 5. 
estimates of capital or start-up costs and costs of operation, 
maintenance, and purchase of services to provide information.

     Dated: April 12, 2021.
Bruce A. Sharp,
Bureau PRA Clearance Officer.
[FR Doc. 2021-07703 Filed 4-14-21; 8:45 am]
BILLING CODE 4810-AS-P
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