Agency Information Collection Activities; Submission for OMB Review; Comment Request; Prohibited Transaction Exemption for Securities Lending by Employee Benefit Plans, 51147-51148 [2022-17909]
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Federal Register / Vol. 87, No. 160 / Friday, August 19, 2022 / Notices
lotter on DSK11XQN23PROD with NOTICES1
information for the contractor (or its
representative), and should, at
minimum, address the following
questions in detail so that OFCCP may
evaluate the objection to determine
whether the information should be
withheld or disclosed pursuant to FOIA
Exemption 4:
1. What specific information from the
EEO–1 Report does the contractor
consider to be a trade secret or
commercial or financial information?
2. What facts support the contractor’s
belief that this information is
commercial or financial in nature?
3. Does the contractor customarily
keep the requested information private
or closely-held? What steps have been
taken by the contractor to protect the
confidentiality of the requested data,
and to whom has it been disclosed?
4. Does the contractor contend that
the government provided an express or
implied assurance of confidentiality? If
no, were there express or implied
indications at the time the information
was submitted that the government
would publicly disclose the
information?
5. How would disclosure of this
information harm an interest of the
contractor protected by Exemption 4
(such as by causing foreseeable harm to
the contractor’s economic or business
interests)?
In the event that a Covered Contractor
fails to respond to the notice within the
time specified, it will be considered to
have no objection to disclosure of the
information. See 29 CFR 70.26(e). For
Covered Contractors that do submit
timely objections, OFCCP will
independently evaluate the objection(s)
submitted consistent with the agency’s
regulations described herein and other
relevant legal authority. If OFCCP
determines to disclose the information
over the objection of the Covered
Contractor, OFCCP will provide written
notice to the Covered Contractor of the
reasons the disclosure objections were
not sustained, a description of the
information that will be disclosed, and
a specified disclosure date that is a
reasonable time subsequent to the
notice. Id. at 70.26(f).
Jenny R. Yang,
Director, Office of Federal Contract
Compliance Programs.
[FR Doc. 2022–17882 Filed 8–18–22; 8:45 am]
BILLING CODE 4510–CM–P
VerDate Sep<11>2014
18:26 Aug 18, 2022
Jkt 256001
DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Prohibited
Transaction Exemption for Securities
Lending by Employee Benefit Plans
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 September 19,
2022.
SUMMARY:
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: In 1981
and 1982, the Department issued two
related prohibited transaction class
exemptions that permit employee
benefit plans to lend securities owned
by the plans as investments to banks
and broker-dealers and to make
compensation arrangements for lending
services provided by a plan fiduciary in
connection with securities loans. In
ADDRESSES:
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Fmt 4703
Sfmt 4703
51147
2006, the Department promulgated a
final class exemption, PTE 2006–16,
which amended and replaced the
exemptions previously provided under
PTE 81–6 and PTE 82–63. The final
exemption incorporated the exemptions
into one renumbered exemption and
expanded the categories of exempted
transactions to include securities
lending to foreign banks and foreign
broker-dealers that are domiciled in
specified countries and to allow the use
of additional forms of collateral, all
subject to specified conditions outlined
in the exemption. Among other
conditions, the exemption requires a
bank or broker-dealer that borrows
securities from a plan to comply with
certain recordkeeping and disclosure
requirements. For additional substantive
information about this ICR, see the
related notice published in the Federal
Register on March 17, 2022 (87 FR
15267).
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: Prohibited
Transaction Exemption for Securities
Lending by Employee Benefit Plans.
OMB Control Number: 1210–0065.
Affected Public: Private Sector—
Businesses or other for-profits and notfor-profit institutions.
Total Estimated Number of
Respondents: 182.
Total Estimated Number of
Responses: 1,820.
Total Estimated Annual Time Burden:
349 hours.
Total Estimated Annual Other Costs
Burden: $18,191.
(Authority: 44 U.S.C. 3507(a)(1)(D))
E:\FR\FM\19AUN1.SGM
19AUN1
51148
Federal Register / Vol. 87, No. 160 / Friday, August 19, 2022 / Notices
Dated: August 12, 2022.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2022–17909 Filed 8–18–22; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Prohibited
Transaction Class Exemption for
Residential Mortgage Financing
Arrangements Involving Employee
Benefit Plans
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.
SUMMARY:
The OMB will consider all
written comments that the agency
receives on or before September 19,
2022.
DATES:
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.
lotter on DSK11XQN23PROD with NOTICES1
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Mara Blumenthal by telephone at 202–
693–8538, or by email at DOL_PRA_
PUBLIC@dol.gov.
VerDate Sep<11>2014
18:26 Aug 18, 2022
Prohibited
Transaction Class Exemption (PTE) 88–
59, which amended and replaced PTE
82–87, permits employee benefit plans
to invest plan assets in mortgage
financing to purchasers of residential
dwelling units, including multi-family
residential units, by making or
participating in loans directly or by
purchasing such loans from a third
party that is a party in interest to the
plan. The exemption also allows the
receipt by a plan of a fee in exchange
for issuing such loan commitment.
Among other conditions, the exemption
requires a plan to comply with certain
recordkeeping and disclosure
requirements. For additional substantive
information about this ICR, see the
related notice published in the Federal
Register on March 17, 2022 (87 FR
15267).
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: Prohibited
Transaction Class Exemption for
Residential Mortgage Financing
Arrangements Involving Employee
Benefit Plans.
OMB Control Number: 1210–0095.
Affected Public: Private Sector—
Businesses or other for-profits and notfor-profit institutions.
Total Estimated Number of
Respondents: 2,289.
Total Estimated Number of
Responses: 11,445.
Total Estimated Annual Time Burden:
7,630 hours.
Total Estimated Annual Other Costs
Burden: $10,816.
SUPPLEMENTARY INFORMATION:
Jkt 256001
(Authority: 44 U.S.C. 3507(a)(1)(D))
PO 00000
Frm 00096
Fmt 4703
Sfmt 4703
Dated: August 12, 2022.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2022–17910 Filed 8–18–22; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Access to
Multiemployer Plan Information
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 September 19,
2022.
SUMMARY:
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
101(k)(1) of ERISA requires
multiemployer plan administrators to
furnish certain documents to any plan
ADDRESSES:
E:\FR\FM\19AUN1.SGM
19AUN1
]]>Agencies
[Federal Register Volume 87, Number 160 (Friday, August 19, 2022)]
[Notices]
[Pages 51147-51148]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-17909]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Prohibited Transaction Exemption for
Securities Lending by Employee Benefit Plans
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 September 19, 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: In 1981 and 1982, the Department issued two
related prohibited transaction class exemptions that permit employee
benefit plans to lend securities owned by the plans as investments to
banks and broker-dealers and to make compensation arrangements for
lending services provided by a plan fiduciary in connection with
securities loans. In 2006, the Department promulgated a final class
exemption, PTE 2006-16, which amended and replaced the exemptions
previously provided under PTE 81-6 and PTE 82-63. The final exemption
incorporated the exemptions into one renumbered exemption and expanded
the categories of exempted transactions to include securities lending
to foreign banks and foreign broker-dealers that are domiciled in
specified countries and to allow the use of additional forms of
collateral, all subject to specified conditions outlined in the
exemption. Among other conditions, the exemption requires a bank or
broker-dealer that borrows securities from a plan to comply with
certain recordkeeping and disclosure requirements. For additional
substantive information about this ICR, see the related notice
published in the Federal Register on March 17, 2022 (87 FR 15267).
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: Prohibited Transaction Exemption for
Securities Lending by Employee Benefit Plans.
OMB Control Number: 1210-0065.
Affected Public: Private Sector--Businesses or other for-profits
and not-for-profit institutions.
Total Estimated Number of Respondents: 182.
Total Estimated Number of Responses: 1,820.
Total Estimated Annual Time Burden: 349 hours.
Total Estimated Annual Other Costs Burden: $18,191.
(Authority: 44 U.S.C. 3507(a)(1)(D))
[[Page 51148]]
Dated: August 12, 2022.
Mara Blumenthal,
Senior PRA Analyst.
[FR Doc. 2022-17909 Filed 8-18-22; 8:45 am]
BILLING CODE 4510-29-P
