Rules and Regulations. Notice of information collection; request for comment
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/register/2022/07/05/2022-14185·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 4810-AL-C DEPARTMENT OF THE TREASURY Agency Information Collection Activities; Proposed Collection; Comment Request; Primary Dealer Meeting Agenda AGENCY: Departmental Offices, U.S. Department of the Treasury. ACTION: Notice of information collection; request for comment. SUMMARY: The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other federal agencies to comment on the proposed information collections listed below, in accordance with the Paperwork Reduction Act of 1995.
DATES: Written comments must be received on or before September 6, 2022. ADDRESSES: Send comments regarding the burden estimate, or any other aspect of the information collection, including suggestions for reducing the burden, to Treasury PRA Clearance Officer, 1750 Pennsylvania Ave. NW, Suite 8100, Washington, DC 20220, or email at *PRA@treasury.gov.* FOR FURTHER INFORMATION CONTACT: Copies of the submissions may be obtained from Spencer W. Clark by emailing *PRA@treasury.gov,* calling
(202)927-5331, or viewing the entire information collection request at *www.reginfo.gov.* SUPPLEMENTARY INFORMATION: *Title:* Primary Dealer Meeting Agenda. *OMB Control Number:* 1505-0261. *Type of Review:* Extension without change of a currently approved collection. *Description:* The Primary Dealer Meeting Agenda a quarterly survey sent to all primary dealers, of which there are currently 25 financial institutions. Primary dealers are trading counterparties of the Federal Reserve Bank of New York in its implementation of monetary policy. Primary dealers are also expected to have a substantial presence as a market maker for Treasury securities and bid on a pro-rata basis in all Treasury auctions. The Treasury's mission to manage the U.S government's finances and resources effectively includes financing the government's borrowing needs at the lowest cost over time. Treasury meets this objective by issuing debt in a regular and predictable pattern, providing transparency in its decision-making process, and seeking continuous improvements in the Treasury auction process. The risks to regular and predictable debt issuance result from unexpected changes in our borrowing requirements, changes in the demand for Treasury securities, and anything that inhibits timely sales of securities. To reduce these risks, Treasury closely monitors economic conditions, market activity, and, if necessary, responds with appropriate changes in debt issuance based on analysis and consultation with market participants, including the primary dealers through the quarterly survey and subsequent meetings. *Form:* None. *Affected Public:* Businesses or other for-profits. *Estimated Number of Respondents:* 25. *Frequency of Response:* Quarterly. *Estimated Total Number of Annual Responses:* 100. *Estimated Time per Response:* 2 hours. *Estimated Total Annual Burden Hours:* 200. *Request for Comments:* Comments submitted in response to this notice will be summarized and included in the request for Office of Management and Budget approval. All comments will become a matter of public record. Comments are invited on:
(a)whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility;
(b)the accuracy of the agency's estimate of the burden of the collection of information;
(c)ways to enhance the quality, utility, and clarity of the information to be collected;
(d)ways to minimize the burden of the collection of information on respondents, including through the use of technology; and
(e)estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services required to provide information. (Authority: 44 U.S.C. 3501 *et seq.* ) Melody Braswell, Treasury PRA Clearance Officer. [FR Doc. 2022-14185 Filed 7-1-22; 8:45 am]
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Rules and Regulations
Notice of information collection; request for comment
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