22431Federal Register / Vol. 86, No. 80 / Wednesday, April 28, 2021 / Notices
the FCC Live web page at www.fcc.gov/
live.
Marlene Dortch,
Secretary.
[FR Doc. 2021–08799 Filed 4–27–21; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0022; –0027; –0103; –0114;
–0115; –0163; –0208)
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Agency information collection
activities: submission for OMB review;
comment request.
SUMMARY: The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the request to renew the
existing information collections
described below (OMB Control No.
3064–0022; –0027; –0103; –0114; –0115;
–0163).
DATES: Comments must be submitted on
or before May 28, 2021.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• Agency Website: https://
www.FDIC.gov/regulations/laws/federal.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street NW building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
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.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following
currently approved collections of
information:
1. Title: Uniform Application/
Uniform Termination for Municipal
Securities Principal or Representative.
OMB Number: 3064–0022.
Form Number: 6200/54; 6200/55.
Affected Public: Individuals and
Insured state nonmember banks and
state savings associations.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN AND INTERNAL COST
[OMB No. 3064–0022]
Source and burden Estimated
number of
respondents
Estimated
number of
responses per
respondent
Estimated
number of
responses
Estimated time
per response
(hours)
Estimated
annual burden
(hours)
Uniform Termination Notice for Securities Principal or
Representative (Form MSD–5) ........................................ 2 0.5 1 1.0 1.0
Uniform Application for Municipal Securities Principal or
Representative (Form MSD–4) ........................................ 2 0.5 1 1.0 1.0
Total Reporting ............................................................. ........................ ........................ ........................ ........................ 2.0
Total Burden Hours ...................................................... ........................ ........................ ........................ ........................ 2.0
Source: FDIC.
General Description of Collection: The
1975 Amendments to the Securities
Exchange Act of 1934 established a
comprehensive framework for the
regulation of the activities of municipal
securities dealers. Under Section 15B(a)
of the Securities Exchange Act,
municipal securities dealers which are
banks, or separately identifiable
departments or divisions of banks
engaging in municipal securities
activities, are required to be registered
with the Securities and Exchange
Commission in accordance with such
rules as the Municipal Securities
Rulemaking Board (MSRB), a
rulemaking authority established by the
1975 Amendments, may prescribe as
necessary or appropriate in the public
interest or for the protection of
investors. One of the areas in which the
Act directed the MSRB to promulgate
rules is the qualifications of persons
associated with municipal securities
dealers as municipal securities
principals and municipal securities
representatives. The MSRB Rules
require persons who are or seek to be
associated with municipal securities
dealers as municipal securities
principals or municipal securities
representatives to provide certain
background information and conversely,
require the municipal securities dealers
to obtain the information from such
persons. Generally, the information
required to be furnished relates to
employment history and professional
background including any disciplinary
sanctions and any claimed bases for
exemption from MSRB examination
requirements. The FDIC and the other
two Federal bank regulatory agencies,
the Comptroller of the Currency, and the
Federal Reserve Board, have prescribed
Forms MSD–4 to satisfy these
requirements and have prescribed Form
MSD–5 for notification by a bank
municipal securities dealer that a
municipal securities principal’s or a
municipal securities representative’s
association with the dealer has
terminated and the reason for such
termination. State nonmember banks
and state savings associations that are
municipal security dealers submit these
forms, as applicable, to the FDIC as their
appropriate regulatory agency for each
person associated with the dealer as a
municipal securities principal or
municipal securities representative.
There is no change in the methodology
or substance of this information
VerDate Sep<11>2014 19:17 Apr 27, 2021 Jkt 253001 PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 E:\FR\FM\28APN1.SGM 28APN1
jbell on DSKJLSW7X2PROD with NOTICES
the FCC Live web page at www.fcc.gov/
live.
Marlene Dortch,
Secretary.
[FR Doc. 2021–08799 Filed 4–27–21; 8:45 am]
BILLING CODE 6712–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request (OMB No.
3064–0022; –0027; –0103; –0114;
–0115; –0163; –0208)
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Agency information collection
activities: submission for OMB review;
comment request.
SUMMARY: The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the request to renew the
existing information collections
described below (OMB Control No.
3064–0022; –0027; –0103; –0114; –0115;
–0163).
DATES: Comments must be submitted on
or before May 28, 2021.
ADDRESSES: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
• Agency Website: https://
www.FDIC.gov/regulations/laws/federal.
• Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
• Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
Federal Deposit Insurance Corporation,
550 17th Street NW, Washington, DC
20429.
• Hand Delivery: Comments may be
hand-delivered to the guard station at
the rear of the 17th Street NW building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
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.
FOR FURTHER INFORMATION CONTACT:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION:
Proposal to renew the following
currently approved collections of
information:
1. Title: Uniform Application/
Uniform Termination for Municipal
Securities Principal or Representative.
OMB Number: 3064–0022.
Form Number: 6200/54; 6200/55.
Affected Public: Individuals and
Insured state nonmember banks and
state savings associations.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN AND INTERNAL COST
[OMB No. 3064–0022]
Source and burden Estimated
number of
respondents
Estimated
number of
responses per
respondent
Estimated
number of
responses
Estimated time
per response
(hours)
Estimated
annual burden
(hours)
Uniform Termination Notice for Securities Principal or
Representative (Form MSD–5) ........................................ 2 0.5 1 1.0 1.0
Uniform Application for Municipal Securities Principal or
Representative (Form MSD–4) ........................................ 2 0.5 1 1.0 1.0
Total Reporting ............................................................. ........................ ........................ ........................ ........................ 2.0
Total Burden Hours ...................................................... ........................ ........................ ........................ ........................ 2.0
Source: FDIC.
General Description of Collection: The
1975 Amendments to the Securities
Exchange Act of 1934 established a
comprehensive framework for the
regulation of the activities of municipal
securities dealers. Under Section 15B(a)
of the Securities Exchange Act,
municipal securities dealers which are
banks, or separately identifiable
departments or divisions of banks
engaging in municipal securities
activities, are required to be registered
with the Securities and Exchange
Commission in accordance with such
rules as the Municipal Securities
Rulemaking Board (MSRB), a
rulemaking authority established by the
1975 Amendments, may prescribe as
necessary or appropriate in the public
interest or for the protection of
investors. One of the areas in which the
Act directed the MSRB to promulgate
rules is the qualifications of persons
associated with municipal securities
dealers as municipal securities
principals and municipal securities
representatives. The MSRB Rules
require persons who are or seek to be
associated with municipal securities
dealers as municipal securities
principals or municipal securities
representatives to provide certain
background information and conversely,
require the municipal securities dealers
to obtain the information from such
persons. Generally, the information
required to be furnished relates to
employment history and professional
background including any disciplinary
sanctions and any claimed bases for
exemption from MSRB examination
requirements. The FDIC and the other
two Federal bank regulatory agencies,
the Comptroller of the Currency, and the
Federal Reserve Board, have prescribed
Forms MSD–4 to satisfy these
requirements and have prescribed Form
MSD–5 for notification by a bank
municipal securities dealer that a
municipal securities principal’s or a
municipal securities representative’s
association with the dealer has
terminated and the reason for such
termination. State nonmember banks
and state savings associations that are
municipal security dealers submit these
forms, as applicable, to the FDIC as their
appropriate regulatory agency for each
person associated with the dealer as a
municipal securities principal or
municipal securities representative.
There is no change in the methodology
or substance of this information
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jbell on DSKJLSW7X2PROD with NOTICES
22432 Federal Register / Vol. 86, No. 80 / Wednesday, April 28, 2021 / Notices
1 FDIC Call Report data, December 2020. The
Small Business Administration (SBA) defines a
small banking organization as having $600 million
or less in assets, where an organization’s ‘‘assets are
determined by averaging the assets reported on its
four quarterly financial statements for the preceding
year.’’ See 13 CFR 121.201 (as amended by 84 FR
34261, effective August 19, 2019). In its
determination, the ‘‘SBA counts the receipts,
employees, or other measure of size of the concern
whose size is at issue and all of its domestic and
foreign affiliates.’’ See 13 CFR 121.103. Following
these regulations, the FDIC uses a covered entity’s
affiliated and acquired assets, averaged over the
preceding four quarters, to determine whether the
covered entity is ‘‘small’’ for the purposes of the
RFA.
2 See U.S. Census Bureau, ‘‘Median and Average
Sale Price of Houses Sold.’’ Available at https://
www.census.gov/construction/nrs/historical_data/
index.html.
collection. The decrease in burden
hours is a result of the decrease in the
number of respondents.
2. Title: Request for Deregistration for
Registered Transfer Agents.
OMB Number: 3064–0027.
Form Number: 6342/12.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Information collection description Type of
burden Obligation to
respond
Estimated
number of
respondents
Estimated
frequency of
responses
Estimated time
per response
(hours)
Estimated
annual
burden
Request for Deregistration for Reg-
istered Transfer Agents.
Reporting ....... Mandatory ...... 1 On Occasion .. 0.42 0.42
Total Estimated Annual Burden ....... ........................ ........................ ........................ ........................ ........................ 0.42.
General Description of Collection:
Under the Securities Exchange Act of
1934 (15 U.S.C. 78q–1), an insured
nonmember bank (or a subsidiary of
such a bank) that functions as a transfer
agent may withdraw from registration as
a transfer agent by filing a written notice
of withdrawal with the FDIC. The FDIC
requires such banks to file FDIC Form
6342/12 as the written notice of
withdrawal. There is no change in the
methodology or substance of this
information collection.
3. Title: Recordkeeping Requirements
Associated with Real Estate Appraisals
and Evaluations.
OMB Number: 3064–0103.
Form Number: None.
Affected Public: Insured State
Nonmember Banks and State Savings
Associations.
Burden Estimate:
TABLE 1—SUMMARY OF ESTIMATED ANNUAL BURDENS
[OMB No. 3064–0103]
IC description
Type of
burden
(obligation
to respond)
Frequency
of response Number of
respondents
Number of
responses/
respondent
Hours per
response Annual burden
(hours)
Recordkeeping Requirements Associ-
ated with Real Estate Appraisals and
Evaluations.
Recordkeeping
(Mandatory).
On occasion ... 3,227 227 ................. 0.083 60,800
Total Annual Burden Hours ............. ........................ ........................ ........................ ........................ ........................ 60,800
Source: FDIC.
Methodology and Assumptions:
Estimated Number of Respondents—
Potential respondents to this
information collection (IC) include all
FDIC-supervised institutions. As of
December 31, 2020 there were 3,227
FDIC-supervised institutions, of which
2,380 are considered ‘‘small’’ for the
purposes of the Regulatory Flexibility
Act (RFA).1 FDIC therefore uses 3,227 as
the estimate of the annual number of
respondents to this IC.
Estimated Number of Responses per
Respondent—The estimated number of
responses per respondent for this ICR is
estimated using the dollar volume, and
where available, loan counts of real
estate loans held by FDIC-supervised
institutions. For each institution,
information is gathered from the Call
Report on the reported dollar value of
1–4 family residential construction
loans, other construction and
development loans, loans secured by
farmland, open-end loans secured by 1–
4 family residential properties, closed-
end loans secured by 1–4 family
residential properties, loans secured by
multifamily (5 or more) residential
properties, loans secured by owner-
occupied nonfarm nonresidential
properties, and loans secured by other
nonfarm nonresidential properties. This
data is gathered from Call Report
Schedule RC–C as of December 31 of
each year, or in the case of the most
recent 12-month period, the most recent
period available.
To convert the reported dollar volume
of real estate related loans held by FDIC-
supervised institutions into loan counts,
a more appropriate denomination for
estimating appraisal and evaluation
activity, the methodology applies
estimated or derived information on
average loan size for each category of
real estate loans. The methodology
divides the reported dollar value of 1–
4 family residential construction loans,
and closed-end loans secured by 1–4
family residential properties, by the U.S.
Census Bureau’s estimate of the average
sales price of new homes in order to
derive an estimate of the number of
loans for these loan categories.2 The
methodology assumes that the average
loan size of open-end loans secured by
1–4 family residential properties is 20
percent of the U.S. Census Bureau’s
estimate of the average sales price of
new homes. The methodology uses this
assumption for the average loan size of
open-end loans secured by 1–4 family
residential properties based on
supervisory experience because the
FDIC does not currently have access to
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jbell on DSKJLSW7X2PROD with NOTICES
1 FDIC Call Report data, December 2020. The
Small Business Administration (SBA) defines a
small banking organization as having $600 million
or less in assets, where an organization’s ‘‘assets are
determined by averaging the assets reported on its
four quarterly financial statements for the preceding
year.’’ See 13 CFR 121.201 (as amended by 84 FR
34261, effective August 19, 2019). In its
determination, the ‘‘SBA counts the receipts,
employees, or other measure of size of the concern
whose size is at issue and all of its domestic and
foreign affiliates.’’ See 13 CFR 121.103. Following
these regulations, the FDIC uses a covered entity’s
affiliated and acquired assets, averaged over the
preceding four quarters, to determine whether the
covered entity is ‘‘small’’ for the purposes of the
RFA.
2 See U.S. Census Bureau, ‘‘Median and Average
Sale Price of Houses Sold.’’ Available at https://
www.census.gov/construction/nrs/historical_data/
index.html.
collection. The decrease in burden
hours is a result of the decrease in the
number of respondents.
2. Title: Request for Deregistration for
Registered Transfer Agents.
OMB Number: 3064–0027.
Form Number: 6342/12.
Affected Public: Insured state
nonmember banks and state savings
associations.
Burden Estimate:
SUMMARY OF ANNUAL BURDEN
Information collection description Type of
burden Obligation to
respond
Estimated
number of
respondents
Estimated
frequency of
responses
Estimated time
per response
(hours)
Estimated
annual
burden
Request for Deregistration for Reg-
istered Transfer Agents.
Reporting ....... Mandatory ...... 1 On Occasion .. 0.42 0.42
Total Estimated Annual Burden ....... ........................ ........................ ........................ ........................ ........................ 0.42.
General Description of Collection:
Under the Securities Exchange Act of
1934 (15 U.S.C. 78q–1), an insured
nonmember bank (or a subsidiary of
such a bank) that functions as a transfer
agent may withdraw from registration as
a transfer agent by filing a written notice
of withdrawal with the FDIC. The FDIC
requires such banks to file FDIC Form
6342/12 as the written notice of
withdrawal. There is no change in the
methodology or substance of this
information collection.
3. Title: Recordkeeping Requirements
Associated with Real Estate Appraisals
and Evaluations.
OMB Number: 3064–0103.
Form Number: None.
Affected Public: Insured State
Nonmember Banks and State Savings
Associations.
Burden Estimate:
TABLE 1—SUMMARY OF ESTIMATED ANNUAL BURDENS
[OMB No. 3064–0103]
IC description
Type of
burden
(obligation
to respond)
Frequency
of response Number of
respondents
Number of
responses/
respondent
Hours per
response Annual burden
(hours)
Recordkeeping Requirements Associ-
ated with Real Estate Appraisals and
Evaluations.
Recordkeeping
(Mandatory).
On occasion ... 3,227 227 ................. 0.083 60,800
Total Annual Burden Hours ............. ........................ ........................ ........................ ........................ ........................ 60,800
Source: FDIC.
Methodology and Assumptions:
Estimated Number of Respondents—
Potential respondents to this
information collection (IC) include all
FDIC-supervised institutions. As of
December 31, 2020 there were 3,227
FDIC-supervised institutions, of which
2,380 are considered ‘‘small’’ for the
purposes of the Regulatory Flexibility
Act (RFA).1 FDIC therefore uses 3,227 as
the estimate of the annual number of
respondents to this IC.
Estimated Number of Responses per
Respondent—The estimated number of
responses per respondent for this ICR is
estimated using the dollar volume, and
where available, loan counts of real
estate loans held by FDIC-supervised
institutions. For each institution,
information is gathered from the Call
Report on the reported dollar value of
1–4 family residential construction
loans, other construction and
development loans, loans secured by
farmland, open-end loans secured by 1–
4 family residential properties, closed-
end loans secured by 1–4 family
residential properties, loans secured by
multifamily (5 or more) residential
properties, loans secured by owner-
occupied nonfarm nonresidential
properties, and loans secured by other
nonfarm nonresidential properties. This
data is gathered from Call Report
Schedule RC–C as of December 31 of
each year, or in the case of the most
recent 12-month period, the most recent
period available.
To convert the reported dollar volume
of real estate related loans held by FDIC-
supervised institutions into loan counts,
a more appropriate denomination for
estimating appraisal and evaluation
activity, the methodology applies
estimated or derived information on
average loan size for each category of
real estate loans. The methodology
divides the reported dollar value of 1–
4 family residential construction loans,
and closed-end loans secured by 1–4
family residential properties, by the U.S.
Census Bureau’s estimate of the average
sales price of new homes in order to
derive an estimate of the number of
loans for these loan categories.2 The
methodology assumes that the average
loan size of open-end loans secured by
1–4 family residential properties is 20
percent of the U.S. Census Bureau’s
estimate of the average sales price of
new homes. The methodology uses this
assumption for the average loan size of
open-end loans secured by 1–4 family
residential properties based on
supervisory experience because the
FDIC does not currently have access to
VerDate Sep<11>2014 19:17 Apr 27, 2021 Jkt 253001 PO 00000 Frm 00049 Fmt 4703 Sfmt 4703 E:\FR\FM\28APN1.SGM 28APN1
jbell on DSKJLSW7X2PROD with NOTICES