Agency Information Collection Activities; Submission for OMB Review; Comment Request; Cross-Trades of Securities by Index and Model-Driven Funds; Prohibited Transaction Class Exemption 2002-12, 10250-10251 [2022-03754]
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Federal Register / Vol. 87, No. 36 / Wednesday, February 23, 2022 / Notices
DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Research
Exception Notice
Notice of availability; request
for comments.
ACTION:
The Department of Labor
(DOL) is submitting this Employee
Benefits Security Administration
(EBSA)-sponsored information
collection request (ICR) to the Office of
Management and Budget (OMB) for
review and approval in accordance with
the Paperwork Reduction Act of 1995
(PRA). Public comments on the ICR are
invited.
DATES: The OMB will consider all
written comments that the agency
receives on or before March 25, 2022.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
Comments are invited on: (1) Whether
the collection of information is
necessary for the proper performance of
the functions of the Department,
including whether the information will
have practical utility; (2) if the
information will be processed and used
in a timely manner; (3) the accuracy of
the agency’s estimates of the burden and
cost of the collection of information,
including the validity of the
methodology and assumptions used; (4)
ways to enhance the quality, utility and
clarity of the information collection; and
(5) ways to minimize the burden of the
collection of information on those who
are to respond, including the use of
automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT:
Mara Blumenthal by telephone at 202–
693–8538, or by email at DOL_PRA_
PUBLIC@dol.gov.
SUPPLEMENTARY INFORMATION: The
Genetic Information Nondiscrimination
Act of 2008 (GINA), Public Law 110–
233, was enacted on May 21, 2008. Title
I of GINA amended the Employee
Retirement Income Security Act of 1974
(ERISA), the Public Health Service Act
(PHS Act), the Internal Revenue Code of
1986 (the Code), and the Social Security
Act (SSA) to prohibit discrimination in
health coverage based on genetic
information. GINA and the interim final
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SUMMARY:
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18:04 Feb 22, 2022
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regulations (29 CFR 2590.702A(c)(5))
provide an exception to the limitations
on requesting or requiring genetic
testing that allows a group health plan
or group health insurance issuer to
request, but not require, a participant or
beneficiary to undergo a genetic test if
all conditions of the research exception
are satisfied. The Participant Disclosure
and the Notice required under the
conditions are the information
collection requests (ICRs) contained in
the interim final rules. For additional
substantive information about this ICR,
see the related notice published in the
Federal Register on November 9, 2021
(86 FR 62208).
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 the OMB
approves it 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 that does not
display a valid OMB Control Number.
See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this
information collection for three (3)
years. OMB authorization for an ICR
cannot be for more than three (3) years
without renewal. The DOL notes that
information collection requirements
submitted to the OMB for existing ICRs
receive a month-to-month extension
while they undergo review.
Agency: DOL–EBSA.
Title of Collection: Genetic
Information Nondiscrimination Act of
2008 Research Exception Notice.
OMB Control Number: 1210–0136.
Affected Public: Private Sector—
Businesses or other for-profits and notfor-profit institutions.
Total Estimated Number of
Respondents: 48.
Total Estimated Number of
Responses: 48.
Total Estimated Annual Time Burden:
12 hours.
Total Estimated Annual Other Costs
Burden: $185.
(Authority: 44 U.S.C. 3507(a)(1)(D))
Dated: February 15, 2022.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2022–03756 Filed 2–22–22; 8:45 am]
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DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; CrossTrades of Securities by Index and
Model-Driven Funds; Prohibited
Transaction Class Exemption 2002–12
Notice of availability; request
for comments.
ACTION:
The Department of Labor
(DOL) is submitting this Employee
Benefits Security Administration
(EBSA)-sponsored information
collection request (ICR) to the Office of
Management and Budget (OMB) for
review and approval in accordance with
the Paperwork Reduction Act of 1995
(PRA). Public comments on the ICR are
invited.
DATES: The OMB will consider all
written comments that the agency
receives on or before March 25, 2022.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
Comments are invited on: (1) Whether
the collection of information is
necessary for the proper performance of
the functions of the Department,
including whether the information will
have practical utility; (2) if the
information will be processed and used
in a timely manner; (3) the accuracy of
the agency’s estimates of the burden and
cost of the collection of information,
including the validity of the
methodology and assumptions used; (4)
ways to enhance the quality, utility and
clarity of the information collection; and
(5) ways to minimize the burden of the
collection of information on those who
are to respond, including the use of
automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT:
Mara Blumenthal by telephone at 202–
693–8538, or by email at DOL_PRA_
PUBLIC@dol.gov.
SUPPLEMENTARY INFORMATION: Section
408(a) of the Employee Retirement
Income Security Act of 1974 (ERISA)
gives the Secretary of Labor the
authority to ‘‘grant a conditional or
unconditional exemption of any
fiduciary or transaction, or class of
fiduciaries or transactions, from all or
part of the restrictions imposed by
sections 406 and 407(a).’’ PTE 2002–12
SUMMARY:
E:\FR\FM\23FEN1.SGM
23FEN1
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Federal Register / Vol. 87, No. 36 / Wednesday, February 23, 2022 / Notices
permits private-sector pension plans
and the Federal Thrift Savings Plan to
invest plan assets in certain types of
investment funds that participate in
passive or model-driven ‘‘cross-trading’’
(purchase and sale of securities)
programs pursuant to objective criteria
specified in the exemption. Cross-trades
occur whenever a manager causes the
purchase and sale of a particular
security to be made directly between
two or more investment funds under
his/her management. If one or both of
the funds contain invested assets of a
pension plan, the cross-trade could
constitute a prohibited transaction, in
the absence of the exemption. For
additional substantive information
about this ICR, see the related notice
published in the Federal Register on
November 9, 2021 (86 FR 62208).
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 the OMB
approves it 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 that does not
display a valid OMB Control Number.
See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this
information collection for three (3)
years. OMB authorization for an ICR
cannot be for more than three (3) years
without renewal. The DOL notes that
information collection requirements
submitted to the OMB for existing ICRs
receive a month-to-month extension
while they undergo review.
Agency: DOL–EBSA.
Title of Collection: Cross-Trades of
Securities by Index and Model-Driven
Funds; Prohibited Transaction Class
Exemption 2002–12.
OMB Control Number: 1210–0115.
Affected Public: Private Sector—
Businesses or other for-profits.
Total Estimated Number of
Respondents: 60.
Total Estimated Number of
Responses: 840.
Total Estimated Annual Time Burden:
855 hours.
Total Estimated Annual Other Costs
Burden: $1,290.
(Authority: 44 U.S.C. 3507(a)(1)(D))
Dated: February 15, 2022.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2022–03754 Filed 2–22–22; 8:45 am]
BILLING CODE 4510–29–P
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DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Definition
of Plan Assets—Participant
Contributions
Notice of availability; request
for comments.
ACTION:
The Department of Labor
(DOL) is submitting this Employee
Benefits Security Administration
(EBSA)-sponsored information
collection request (ICR) to the Office of
Management and Budget (OMB) for
review and approval in accordance with
the Paperwork Reduction Act of 1995
(PRA). Public comments on the ICR are
invited.
DATES: The OMB will consider all
written comments that the agency
receives on or before March 25, 2022.
ADDRESSES: Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
Comments are invited on: (1) Whether
the collection of information is
necessary for the proper performance of
the functions of the Department,
including whether the information will
have practical utility; (2) if the
information will be processed and used
in a timely manner; (3) the accuracy of
the agency’s estimates of the burden and
cost of the collection of information,
including the validity of the
methodology and assumptions used; (4)
ways to enhance the quality, utility and
clarity of the information collection; and
(5) ways to minimize the burden of the
collection of information on those who
are to respond, including the use of
automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT:
Mara Blumenthal by telephone at 202–
693–8538, or by email at DOL_PRA_
PUBLIC@dol.gov.
SUPPLEMENTARY INFORMATION: The
Department’s regulation at 29 CFR
2510.3–102 states that monies that a
participant pays to, or has withheld by,
an employer for contribution to an
employee benefit plan become ‘‘plan
assets’’ for purposes of Title I of ERISA
and the related prohibited transaction
provisions of the Internal Revenue Code
SUMMARY:
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10251
(the Code) as of the earliest date on
which such monies can be reasonably
segregated from the employer’s general
assets. The regulation includes a
procedure through which an employer
receiving or withholding participant
contributions for an employee pension
benefit plan may obtain a 10-businessday extension of the 15-day maximum
time period if certain requirements,
including information collection
requirements, are met. For additional
substantive information about this ICR,
see the related notice published in the
Federal Register on November 9, 2021
(86 FR 62208).
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 the OMB
approves it 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 that does not
display a valid OMB Control Number.
See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this
information collection for three (3)
years. OMB authorization for an ICR
cannot be for more than three (3) years
without renewal. The DOL notes that
information collection requirements
submitted to the OMB for existing ICRs
receive a month-to-month extension
while they undergo review.
Agency: DOL–EBSA.
Title of Collection: Definition of Plan
Assets—Participant Contributions.
OMB Control Number: 1210–0100.
Affected Public: Private Sector—
Businesses or other for-profits.
Total Estimated Number of
Respondents: 251.
Total Estimated Number of
Responses: 251.
Total Estimated Annual Time Burden:
8 hours.
Total Estimated Annual Other Costs
Burden: $1,685.
(Authority: 44 U.S.C. 3507(a)(1)(D))
Dated: February 15, 2022.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2022–03752 Filed 2–22–22; 8:45 am]
BILLING CODE 4510–29–P
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]]>Agencies
[Federal Register Volume 87, Number 36 (Wednesday, February 23, 2022)]
[Notices]
[Pages 10250-10251]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-03754]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Cross-Trades of Securities by Index and Model-
Driven Funds; Prohibited Transaction Class Exemption 2002-12
ACTION: Notice of availability; request for comments.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (DOL) is submitting this Employee
Benefits Security Administration (EBSA)-sponsored information
collection request (ICR) to the Office of Management and Budget (OMB)
for review and approval in accordance with the Paperwork Reduction Act
of 1995 (PRA). Public comments on the ICR are invited.
DATES: The OMB will consider all written comments that the agency
receives on or before March 25, 2022.
ADDRESSES: Written comments and recommendations for the proposed
information collection should be sent within 30 days of publication of
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular
information collection by selecting ``Currently under 30-day Review--
Open for Public Comments'' or by using the search function.
Comments are invited on: (1) Whether the collection of information
is necessary for the proper performance of the functions of the
Department, including whether the information will have practical
utility; (2) if the information will be processed and used in a timely
manner; (3) the accuracy of the agency's estimates of the burden and
cost of the collection of information, including the validity of the
methodology and assumptions used; (4) ways to enhance the quality,
utility and clarity of the information collection; and (5) ways to
minimize the burden of the collection of information on those who are
to respond, including the use of automated collection techniques or
other forms of information technology.
FOR FURTHER INFORMATION CONTACT: Mara Blumenthal by telephone at 202-
693-8538, or by email at [email protected].
SUPPLEMENTARY INFORMATION: Section 408(a) of the Employee Retirement
Income Security Act of 1974 (ERISA) gives the Secretary of Labor the
authority to ``grant a conditional or unconditional exemption of any
fiduciary or transaction, or class of fiduciaries or transactions, from
all or part of the restrictions imposed by sections 406 and 407(a).''
PTE 2002-12
[[Page 10251]]
permits private-sector pension plans and the Federal Thrift Savings
Plan to invest plan assets in certain types of investment funds that
participate in passive or model-driven ``cross-trading'' (purchase and
sale of securities) programs pursuant to objective criteria specified
in the exemption. Cross-trades occur whenever a manager causes the
purchase and sale of a particular security to be made directly between
two or more investment funds under his/her management. If one or both
of the funds contain invested assets of a pension plan, the cross-trade
could constitute a prohibited transaction, in the absence of the
exemption. For additional substantive information about this ICR, see
the related notice published in the Federal Register on November 9,
2021 (86 FR 62208).
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 the OMB approves it 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 that does not display a valid
OMB Control Number. See 5 CFR 1320.5(a) and 1320.6.
DOL seeks PRA authorization for this information collection for
three (3) years. OMB authorization for an ICR cannot be for more than
three (3) years without renewal. The DOL notes that information
collection requirements submitted to the OMB for existing ICRs receive
a month-to-month extension while they undergo review.
Agency: DOL-EBSA.
Title of Collection: Cross-Trades of Securities by Index and Model-
Driven Funds; Prohibited Transaction Class Exemption 2002-12.
OMB Control Number: 1210-0115.
Affected Public: Private Sector-- Businesses or other for-profits.
Total Estimated Number of Respondents: 60.
Total Estimated Number of Responses: 840.
Total Estimated Annual Time Burden: 855 hours.
Total Estimated Annual Other Costs Burden: $1,290.
(Authority: 44 U.S.C. 3507(a)(1)(D))
Dated: February 15, 2022.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2022-03754 Filed 2-22-22; 8:45 am]
BILLING CODE 4510-29-P
