9935Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices
1 85 FR 77462 (December 2, 2020).
seventh Household Survey as a
supplement to the June 2021 CPS. On
December 2, 2020, the FDIC requested
comment for 60 days on this proposed
information collection to conduct the
Household Survey.1 The FDIC received
no comments.
Request for Comment
Comments are again 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 collection of information
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.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 10,
2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021–03110 Filed 2–16–21; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0022; –0027; –0103; –0114;
–0115; –0163; –0208]
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
SUMMARY: The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described below
(OMB Control No. 3064–0022; –0027;
–0103; –0114; –0115; –0163).
DATES: Comments must be submitted on
or before April 19, 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 building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
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
Information collection description Type of burden Obligation
to respond
Estimated
number of
respondents
Estimated
frequency
of responses
Estimated
time per
response
(minutes)
Estimated
annual
burden
(hours)
Uniform Application for Municipal Securities
Principal or Representative (MSD 4).
Reporting ................... Mandatory 2 On Occasion 60 2
Uniform Termination Notice for Securities
Principal or Representative (MSD 5).
Reporting ................... Mandatory 2 On Occasion 15 0.5
Total Estimated Annual Burden: 2.5
hours.
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
VerDate Sep<11>2014 20:43 Feb 16, 2021 Jkt 253001 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 E:\FR\FM\17FEN1.SGM 17FEN1
jbell on DSKJLSW7X2PROD with NOTICES
1 85 FR 77462 (December 2, 2020).
seventh Household Survey as a
supplement to the June 2021 CPS. On
December 2, 2020, the FDIC requested
comment for 60 days on this proposed
information collection to conduct the
Household Survey.1 The FDIC received
no comments.
Request for Comment
Comments are again 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 collection of information
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.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 10,
2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021–03110 Filed 2–16–21; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0022; –0027; –0103; –0114;
–0115; –0163; –0208]
Agency Information Collection
Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance
Corporation (FDIC).
ACTION: Notice and request for comment.
SUMMARY: The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described below
(OMB Control No. 3064–0022; –0027;
–0103; –0114; –0115; –0163).
DATES: Comments must be submitted on
or before April 19, 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 building
(located on F Street), on business days
between 7:00 a.m. and 5:00 p.m.
All comments should refer to the
relevant OMB control number. A copy
of the comments may also be submitted
to the OMB desk officer for the FDIC:
Office of Information and Regulatory
Affairs, Office of Management and
Budget, New Executive Office Building,
Washington, DC 20503.
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
Information collection description Type of burden Obligation
to respond
Estimated
number of
respondents
Estimated
frequency
of responses
Estimated
time per
response
(minutes)
Estimated
annual
burden
(hours)
Uniform Application for Municipal Securities
Principal or Representative (MSD 4).
Reporting ................... Mandatory 2 On Occasion 60 2
Uniform Termination Notice for Securities
Principal or Representative (MSD 5).
Reporting ................... Mandatory 2 On Occasion 15 0.5
Total Estimated Annual Burden: 2.5
hours.
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
VerDate Sep<11>2014 20:43 Feb 16, 2021 Jkt 253001 PO 00000 Frm 00031 Fmt 4703 Sfmt 4703 E:\FR\FM\17FEN1.SGM 17FEN1
jbell on DSKJLSW7X2PROD with NOTICES
9936 Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices
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
collection.
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
(hours)
Request for Deregistration for Registered
Transfer Agents.
Reporting ................... Mandatory 1 On Occasion 0.42 0.42
Total Estimated Annual Burden: 0.42
hours.
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:
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
(minutes)
Estimated
annual
burden
(hours)
Recordkeeping Requirements Associated with
Real Estate Appraisals and Evaluations.
Recordkeeping ........... Mandatory 3,245 On Occasion 5 80
Total Estimated Annual Burden: 80
hours.
General Description of Collection:
FIRREA directs the FDIC to prescribe
appropriate performance standards for
real estate appraisals connected with
federally related transactions under its
jurisdiction. This information collection
is a direct consequence of the statutory
requirement. It is designed to provide
protection for federal financial and
public policy interests by requiring real
estate appraisals used in connection
with federally related transactions to be
performed in writing, in accordance
with uniform standards, by an appraiser
whose competency has been
demonstrated and whose professional
conduct will be subject to effective
supervision. The overall reduction in
burden hours is a result of economic
fluctuation. In particular, the number of
respondents has decreased, the
reporting frequency has increased while
the estimated time per response remains
the same.
4. Title: Foreign Banks.
OMB Number: 3064–0114.
Form Number: None.
Affected Public: Insured branches of
foreign banks.
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
Estimated
annual
burden
(hours)
Moving a Branch .............................................. Reporting .................... Mandatory 1 On Occasion 8 hours ..... 8
Consent to Operate .......................................... Reporting .................... Mandatory 1 On Occasion 8 hours ..... 8
Approval to Conduct Activities ......................... Reporting .................... Mandatory 1 On Occasion 8 hours ..... 8
Pledge of Assets Documents ........................... Reporting .................... Mandatory 10 Quarterly ..... 15 minutes 10
Pledge of Asset Reports .................................. Reporting .................... Mandatory 10 Quarterly ..... 2 hours ..... 80
Recordkeeping ................................................. Recordkeeping ............ Mandatory 10 On Occasion 120 hours 1,200
Total Estimated Annual Burden:
1,314 hours.
General Description of Collection:
Applications to move an insured state-
licensed branch of a foreign bank;
applications to operate as such
noninsured state-licensed branch of a
foreign bank; applications from an
VerDate Sep<11>2014 20:43 Feb 16, 2021 Jkt 253001 PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 E:\FR\FM\17FEN1.SGM 17FEN1
jbell on DSKJLSW7X2PROD with NOTICES
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
collection.
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
(hours)
Request for Deregistration for Registered
Transfer Agents.
Reporting ................... Mandatory 1 On Occasion 0.42 0.42
Total Estimated Annual Burden: 0.42
hours.
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:
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
(minutes)
Estimated
annual
burden
(hours)
Recordkeeping Requirements Associated with
Real Estate Appraisals and Evaluations.
Recordkeeping ........... Mandatory 3,245 On Occasion 5 80
Total Estimated Annual Burden: 80
hours.
General Description of Collection:
FIRREA directs the FDIC to prescribe
appropriate performance standards for
real estate appraisals connected with
federally related transactions under its
jurisdiction. This information collection
is a direct consequence of the statutory
requirement. It is designed to provide
protection for federal financial and
public policy interests by requiring real
estate appraisals used in connection
with federally related transactions to be
performed in writing, in accordance
with uniform standards, by an appraiser
whose competency has been
demonstrated and whose professional
conduct will be subject to effective
supervision. The overall reduction in
burden hours is a result of economic
fluctuation. In particular, the number of
respondents has decreased, the
reporting frequency has increased while
the estimated time per response remains
the same.
4. Title: Foreign Banks.
OMB Number: 3064–0114.
Form Number: None.
Affected Public: Insured branches of
foreign banks.
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
Estimated
annual
burden
(hours)
Moving a Branch .............................................. Reporting .................... Mandatory 1 On Occasion 8 hours ..... 8
Consent to Operate .......................................... Reporting .................... Mandatory 1 On Occasion 8 hours ..... 8
Approval to Conduct Activities ......................... Reporting .................... Mandatory 1 On Occasion 8 hours ..... 8
Pledge of Assets Documents ........................... Reporting .................... Mandatory 10 Quarterly ..... 15 minutes 10
Pledge of Asset Reports .................................. Reporting .................... Mandatory 10 Quarterly ..... 2 hours ..... 80
Recordkeeping ................................................. Recordkeeping ............ Mandatory 10 On Occasion 120 hours 1,200
Total Estimated Annual Burden:
1,314 hours.
General Description of Collection:
Applications to move an insured state-
licensed branch of a foreign bank;
applications to operate as such
noninsured state-licensed branch of a
foreign bank; applications from an
VerDate Sep<11>2014 20:43 Feb 16, 2021 Jkt 253001 PO 00000 Frm 00032 Fmt 4703 Sfmt 4703 E:\FR\FM\17FEN1.SGM 17FEN1
jbell on DSKJLSW7X2PROD with NOTICES