Proposed Rules. Submission for OMB review; comment request

Agency: Office of the Comptroller of the Currency (OCC), Treasury
Action: Submission for OMB review; comment request
Citation: FR Doc. 00-23019

Summary

The OCC, 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 a continuing information collection, as required by the Paperwork Reduction Act of 1995. The OCC may not conduct or sponsor, and a respondent is not required to respond to, an information collection that has been extended, revised, or implemented unless it displays a currently valid Office of Management and Budget (OMB) control number. Currently, the OCC is soliciting comments concerning an extension, without change, of an information collection titled (MA)—Municipal Securities Dealers and Government Securities Brokers and Dealers Registration and Withdrawal. The OCC also gives notice that it has sent the information collection to OMB for review.

Dates

You should submit your written comments to both OCC and the OMB Reviewer by October 10, 2000.

Supplementary Information

The OCC is proposing to extend OMB approval of the following information collection: Title: (MA)—Municipal Securities Dealers and Government Securities Brokers and Dealers Registration and Withdrawal. OMB Number: 1557-0184. Form Numbers: MSD, MSDW, MSD-4, MSD-5, G-FIN, G-FINW. Abstract: This information collection is required to satisfy the requirements of the Securities Act Amendments of 1975 and the Government Securities Act of 1986 which requires that any national bank that acts as a government securities broker/dealer or a municipal securities dealer notify the OCC of its broker/dealer activities. The OCC uses this information to determine which national banks are government and municipal securities broker/dealers and to monitor institutions entry into and exit from government and municipal securities broker/dealer activities. The OCC also uses the information in planning bank examinations. Type of Review: Renewal of a currently approved collection. Affected Public: Businesses or other for-profit; individuals. Estimated Number of Respondents: 65. Estimated Total Annual Responses: 3,080. Frequency of Response: On occasion. Estimated Total Annual Burden: 2,706 burden hours. OMB Reviewer: Alexander Hunt, (202) 395-7340, Paperwork Reduction Project 1557-0184, Office of Management and Budget, Room 10226, New Executive Office Building, Washington, DC 20503. Comments Your comment will become a matter of public record. You are invited to comment on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information has practical utility; (b) Whether the OCC's burden estimate is accurate; (c) Ways to enhance the quality, utility, and clarity of the information to be collected; (d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) Whether the OCC's estimates of the capital or startup costs and costs of operation, maintenance, and purchase of services to provide information are accurate. Dated: August 31, 2000. Mark J. Tenhundfeld, Assistant Director, Legislative & Regulatory Activities Division. [FR Doc. 00-23019 Filed 9-7-00; 8:45 am]