Proposed Agency Information Collection Activities; Comment Request, 70498-70499 [2021-26739]
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Federal Register / Vol. 86, No. 235 / Friday, December 10, 2021 / Notices
jspears on DSK121TN23PROD with NOTICES1
instrument(s) are available at https://
www.reginfo.gov/public/do/PRAMain.
These documents are also available on
the Federal Reserve 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 above.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, Without Revision, of the
Following Information Collection
Report title: Registration of a
Securities Holding Company.
Agency form number: FR 2082.
OMB control number: 7100–0347.
Frequency: On occasion.
Respondents: Certain nonbank
companies that own at least one
registered securities broker or dealer
and which elect to become a supervised
securities holding company (SHC).
Estimated number of respondents: 1.
Estimated average hours per response:
8.
Estimated annual burden hours: 8.
General description of report: The FR
2082 registration form is used whenever
an SHC elects to register to become
subject to supervision by the Board
pursuant to section 618 of the DoddFrank Wall Street Reform and Consumer
Protection Act (Dodd-Frank Act).1
The FR 2082 requests the following
from the registering SHC: An
organization chart (including all
subsidiaries); information regarding
certain of the SHC’s subsidiaries;
shareholder reports and financial
statements; information regarding the
SHC’s shareholders, senior officers and
directors; information regarding the
methods used by the SHC to monitor
and control its operations; information
regarding the SHC’s foreign subsidiaries
that are subject to comprehensive
consolidated supervision and the
regulatory system in which these foreign
subsidiaries operate; and information
regarding any other regulatory capital
framework to which the SHC is subject.
The information collected by the FR
2082 registration form is used by the
Federal Reserve System to determine
whether the registrant meets the
requirements to become a supervised
SHC and to complete the registration.
Legal authorization and
confidentiality: The FR 2082 is
authorized by section 618(b)(2)(A) of the
Dodd-Frank Act, which requires
companies that elect SHC status to
register by filing with the Board such
information and documents as the
Board, by regulation, may prescribe.
Submission of the FR 2082 is required
to obtain a benefit.
The information provided on the FR
2082 form and in connection with an
SHC’s registration is generally
considered public. Firms may request
certain information provided in
connection with the FR 2082 be kept
confidential under the Freedom of
Information Act (FOIA) in accordance
with the Board’s Rules Regarding
Availability of Information.2
Confidential commercial or financial
information that is both customarily and
actually treated as private may be kept
confidential under FOIA exemption 4.3
Personal and biographical information
of individuals required as part of the
registration may be treated as
confidential under FOIA exemption 6 if
its disclosure ‘‘would constitute a
clearly unwarranted invasion of
personal privacy.’’ 4
Current actions: On September 1,
2021, the Board published a notice in
the Federal Register (86 FR 49029)
requesting public comment for 60 days
on the extension, without revision, of
the Registration of a Securities Holding
Company. The comment period for this
notice expired on November 1, 2021.
The Board did not receive any
comments.
Board of Governors of the Federal Reserve
System, December 6, 2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021–26736 Filed 12–9–21; 8:45 am]
BILLING CODE 6210–01–P
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,
without revision, the Reporting
Provisions Associated with Regulation
TT (FR TT; OMB No. 7100–0369).
DATES: Comments must be submitted on
or before February 8, 2022.
ADDRESSES: You may submit comments,
identified by FR TT, by any of the
following methods:
• Agency website: https://
www.federalreserve.gov/. Follow the
SUMMARY:
2 12
1 See
Dodd-Frank Act, Public Law 111–203, 124
Stat. 1376 (2010).
VerDate Sep<11>2014
17:03 Dec 09, 2021
Jkt 256001
CFR 261.17.
U.S.C. 552(b)(4).
4 12 U.S.C. 552(b)(6).
3 12
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instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include the OMB
number or FR 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 or to
remove personally identifiable
information at the commenter’s request.
Accordingly, comments will not be
edited to remove any confidential
business information, identifying
information, or contact information.
Public comments may also be viewed
electronically or in paper in Room 146,
1709 New York Avenue 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 Office of
Management and Budget (OMB) Desk
Officer for the Federal Reserve Board,
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:
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.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collections of information 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
E:\FR\FM\10DEN1.SGM
10DEN1
Federal Register / Vol. 86, No. 235 / Friday, December 10, 2021 / Notices
comments received from the public and
other agencies.
During the comment period for this
proposal, a copy of the proposed PRA
OMB submission, including the draft
reporting form and instructions,
supporting statement, and other
documentation, will 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 above.
Final versions of these documents will
be made available at https://
www.reginfo.gov/public/do/PRAMain, if
approved.
jspears on DSK121TN23PROD with NOTICES1
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,
Without Revision, the Following
Information Collection
Report title: Reporting Provisions
Associated with Regulation TT.
Agency form number: FR TT.
OMB control number: 7100–0369.
Frequency: On occasion.
Respondents: Bank holding
companies (BHCs) and savings and loan
holding companies (SLHCs) and all
nonbank financial companies
designated for Board supervision by the
Financial Stability Oversight Council
(FSOC).
VerDate Sep<11>2014
17:03 Dec 09, 2021
Jkt 256001
Estimated number of respondents: 3.
Estimated average hours per response:
40.
Estimated annual burden hours: 120.
General description of report: The
Board’s Regulation TT—Supervision
and Regulation Assessments of Fees (12
CFR part 246) implements the second
section 11(s) of the Federal Reserve Act
(FRA),1 which directs the Board to
collect assessments, fees, or other
charges (collectively, assessments) from
BHCs and SLHCs that meet a size
threshold and from all nonbank
financial companies designated for
Board supervision by the FSOC
(collectively, assessed companies) in an
amount equal to the total expenses the
Board estimates are necessary or
appropriate to carry out its supervisory
and regulatory responsibilities with
respect to such companies. Pursuant to
Regulation TT, the Board issues an
annual notice of assessment to each
assessed company. Assessed companies
may file a written appeal with the Board
regarding the assessment.2
Legal authorization and
confidentiality: The FR TT is authorized
pursuant to the second section 11(s) of
the FRA, which requires the Board to
collect the assessments, as described
above, and section 11(i) of the FRA,3
which provides that the Board shall
make all rules and regulations necessary
to enable the Board to effectively
perform the duties, functions, or
services specified in the FRA. The FR
TT reporting provisions are required to
obtain a benefit.
An assessed company may request
confidential treatment of information
contained in its appeal pursuant to
exemption 4 of the Freedom of
Information Act (FOIA), which protects
nonpublic commercial or financial
information, which is both customarily
and actually treated as private by the
respondent.4 Determinations of
confidentiality based on FOIA
exemption 4 would be made on a caseby-case basis.
Board of Governors of the Federal Reserve
System, December 6, 2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021–26739 Filed 12–9–21; 8:45 am]
BILLING CODE 6210–01–P
1 12 U.S.C. 248(s). The second section 11(s) of the
Federal Reserve Act was added by section 318 of
the Dodd-Frank Wall Street Reform and Consumer
Protection Act. There are two subsections of section
11 of the Federal Reserve Act designated as (s). The
provision relating to assessments is described as the
‘‘second’’ subsection (s) as it was enacted later in
time.
2 12 CFR 246.5(b).
3 12 U.S.C. 248(i).
4 5 U.S.C. 552(b)(4).
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70499
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend for three
years, without revision, the
Recordkeeping Provisions Associated
with the Guidance on Sound Incentive
Compensation Policies (FR 4027; OMB
No. 7100–0327).
FOR FURTHER INFORMATION CONTACT:
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.
Office of Management and Budget
(OMB) Desk Officer for the Federal
Reserve Board, 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.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the Paperwork
Reduction Act (PRA) to approve and
assign OMB control numbers to
collections of information conducted or
sponsored by the Board. Boardapproved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. The OMB
inventory, as well as copies of the PRA
Submission, supporting statements, and
approved collection of information
instrument(s) are available at https://
www.reginfo.gov/public/do/PRAMain.
These documents are also available on
the Federal Reserve 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 above.
AGENCY:
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, Without Revision, of the
Following Information Collection
Report title: Recordkeeping Provisions
Associated with the Guidance on Sound
Incentive Compensation Policies.
Agency form number: FR 4027.
OMB control number: 7100–0327.
Frequency: As needed.
Respondents: U.S. bank holding
companies, savings and loan holding
companies, state member banks, Edge
E:\FR\FM\10DEN1.SGM
10DEN1
]]>Agencies
[Federal Register Volume 86, Number 235 (Friday, December 10, 2021)]
[Notices]
[Pages 70498-70499]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-26739]
-----------------------------------------------------------------------
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, without revision, the
Reporting Provisions Associated with Regulation TT (FR TT; OMB No.
7100-0369).
DATES: Comments must be submitted on or before February 8, 2022.
ADDRESSES: You may submit comments, identified by FR TT, 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: [email protected]. Include the OMB
number or FR 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 or to remove
personally identifiable information at the commenter's request.
Accordingly, comments will not be edited to remove any confidential
business information, identifying information, or contact information.
Public comments may also be viewed electronically or in paper in Room
146, 1709 New York Avenue 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
Office of Management and Budget (OMB) Desk Officer for the Federal
Reserve Board, 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: 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.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
authority under the Paperwork Reduction Act (PRA) to approve and assign
OMB control numbers to collections of information 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
[[Page 70499]]
comments received from the public and other agencies.
During the comment period for this proposal, a copy of the proposed
PRA OMB submission, including the draft reporting form and
instructions, supporting statement, and other documentation, will 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 above. Final
versions of these documents will be made available at https://www.reginfo.gov/public/do/PRAMain, if approved.
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,
Without Revision, the Following Information Collection
Report title: Reporting Provisions Associated with Regulation TT.
Agency form number: FR TT.
OMB control number: 7100-0369.
Frequency: On occasion.
Respondents: Bank holding companies (BHCs) and savings and loan
holding companies (SLHCs) and all nonbank financial companies
designated for Board supervision by the Financial Stability Oversight
Council (FSOC).
Estimated number of respondents: 3.
Estimated average hours per response: 40.
Estimated annual burden hours: 120.
General description of report: The Board's Regulation TT--
Supervision and Regulation Assessments of Fees (12 CFR part 246)
implements the second section 11(s) of the Federal Reserve Act
(FRA),\1\ which directs the Board to collect assessments, fees, or
other charges (collectively, assessments) from BHCs and SLHCs that meet
a size threshold and from all nonbank financial companies designated
for Board supervision by the FSOC (collectively, assessed companies) in
an amount equal to the total expenses the Board estimates are necessary
or appropriate to carry out its supervisory and regulatory
responsibilities with respect to such companies. Pursuant to Regulation
TT, the Board issues an annual notice of assessment to each assessed
company. Assessed companies may file a written appeal with the Board
regarding the assessment.\2\
---------------------------------------------------------------------------
\1\ 12 U.S.C. 248(s). The second section 11(s) of the Federal
Reserve Act was added by section 318 of the Dodd-Frank Wall Street
Reform and Consumer Protection Act. There are two subsections of
section 11 of the Federal Reserve Act designated as (s). The
provision relating to assessments is described as the ``second''
subsection (s) as it was enacted later in time.
\2\ 12 CFR 246.5(b).
---------------------------------------------------------------------------
Legal authorization and confidentiality: The FR TT is authorized
pursuant to the second section 11(s) of the FRA, which requires the
Board to collect the assessments, as described above, and section 11(i)
of the FRA,\3\ which provides that the Board shall make all rules and
regulations necessary to enable the Board to effectively perform the
duties, functions, or services specified in the FRA. The FR TT
reporting provisions are required to obtain a benefit.
---------------------------------------------------------------------------
\3\ 12 U.S.C. 248(i).
---------------------------------------------------------------------------
An assessed company may request confidential treatment of
information contained in its appeal pursuant to exemption 4 of the
Freedom of Information Act (FOIA), which protects nonpublic commercial
or financial information, which is both customarily and actually
treated as private by the respondent.\4\ Determinations of
confidentiality based on FOIA exemption 4 would be made on a case-by-
case basis.
---------------------------------------------------------------------------
\4\ 5 U.S.C. 552(b)(4).
Board of Governors of the Federal Reserve System, December 6,
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-26739 Filed 12-9-21; 8:45 am]
BILLING CODE 6210-01-P
