Proposed Rules. Notice and request for comment

Agency: Federal Deposit Insurance Corporation (FDIC)
Action: Notice and request for comment
Citation: FR Doc. 2012-15926

Summary

The FDIC, 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 the renewal of an existing information collection, as required by the Paperwork Reduction Act of 1995 (44 U.S.C. chapter 35). Currently, the FDIC is soliciting comment on renewal of the information collection described below.

Dates

Comments must be submitted on or before August 28, 2012.

Supplementary Information

Proposal To Renew the Following Currently-Approved Collection of Information Title: Notices Required of Government Securities Dealers or Brokers (Insured State Nonmember Banks). OMB Number: 3064-0093. Form Number: G-FIN; G-FINW; G-FIN4 & G-FIN5. Affected Public: Insured state nonmember banks acting as government securities brokers and dealers. Estimated Number of Respondents: 17. Frequency of Response: On occasion. Estimated Annual Burden Hours per Response: 1 hour. Estimated Total Annual Burden Hours: 17 hours. General Description of Collection: The Government Securities Act of 1986 requires all financial institutions acting as government securities brokers and dealers to notify their Federal regulatory agencies of their broker-dealer activities, unless exempted from the notice requirements by Treasury Department regulation. Request for Comment Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the FDIC's functions, including whether the information has practical utility; (b) the accuracy of the estimates of the burden of the 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; and (d) ways to minimize the burden of the information collection on respondents, including through the use of automated collection techniques or other forms of information technology. All comments will become a matter of public record. Dated at Washington, DC, this 25th day of June 2012. Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2012-15926 Filed 6-28-12; 8:45 am]