[Federal Register: January 14, 2004 (Volume 69, Number 9)]
[Notices]
[Page 2140-2141]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr14ja04-64]
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FEDERAL RESERVE SYSTEM
Agency Information Collection Activities: Proposed Collection;
Comment Request
AGENCY: Board of Governors of the Federal Reserve System
SUMMARY: On June 15, 1984, the Office of Management and Budget (OMB)
delegated to the Board of Governors of the Federal Reserve System
(Board) its approval authority under the Paperwork Reduction Act, as
per 5 CFR 1320.16, to approve of and assign OMB control numbers to
collection of information requests and requirements conducted or
sponsored by the Board under conditions set forth in 5 CFR 1320
Appendix A.1. Board-approved collections of information are
incorporated into the official OMB inventory of currently approved
collections of information. Copies of the OMB 83-Is and supporting
statements and approved collection of information instruments are
placed into OMB's public docket files. The Federal Reserve may not
conduct or sponsor, and the respondent is not required to respond to,
an information collection that has been extended, revised, or
implemented on or after October 1, 1995, unless it displays a currently
valid OMB control number.
[[Page 2141]]
Request for comment on information collection proposals.
The following information collections, which are being handled
under this delegated authority, have received initial Board approval
and are hereby published for comment. At the end of the comment period,
the proposed information collections, along with an analysis of
comments and recommendations received, will be submitted to the Board
for final approval under OMB delegated authority. Comments are invited
on the following:
a. whether the proposed collection of information is necessary for
the proper performance of the Federal Reserve's functions; including
whether the information has practical utility;
b. the accuracy of the Federal Reserve's estimate of the burden of
the proposed 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 information collection on
respondents, including through the use of automated collection
techniques or other forms of information technology.
DATES: Comments must be submitted on or before March 15, 2004.
ADDRESSES: Comments may be mailed to Ms. Jennifer J. Johnson,
Secretary, Board of Governors of the Federal Reserve System, 20th
Street and Constitution Avenue, N.W., Washington, DC 20551. However,
because paper mail in the Washington area and at the Board of Governors
is subject to delay, please consider submitting your comments by e-mail
to regs.comments@federalreserve.gov, or faxing them to the Office of
the Secretary at 202-452-3819 or 202-452-3102. Members of the public
may inspect comments in Room MP-500 between 9:00 a.m. and 5:00 p.m. on
weekdays pursuant to 261.12, except as provided in 261.14, of the
Board's Rules Regarding Availability of Information, 12 CFR 261.12 and
261.14.
A copy of the comments may also be submitted to the OMB desk
officer for the Board: Joseph Lackey, Office of Information and
Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, Room 3208, Washington, DC 20503.
FOR FURTHER INFORMATION CONTACT: A copy of the proposed form and
instructions, the Paperwork Reduction Act Submission (OMB 83-I),
supporting statement, and other documents that will be placed into
OMB's public docket files once approved may be requested from the
agency clearance officer, whose name appears below.
Cindy Ayouch, Federal Reserve Board Clearance Officer (202-452-
3829), Division of Research and Statistics, Board of Governors of the
Federal Reserve System, Washington, DC 20551. Telecommunications Device
for the Deaf (TDD) users may contact (202-263-4869), Board of Governors
of the Federal Reserve System, Washington, DC 20551.
Proposal to approve under OMB delegated authority the extension for
three years, without revision, of the following reports:
1. Report title: Reports of Money Market Mutual Fund Assets
Agency form number: FR 2051a, b
OMB control number: 7100-0012
Frequency: Weekly and Monthly
Reporters: Money Market Mutual Funds
Annual reporting hours: 7,140 hours
Estimated average hours per response: 3 minutes (FR 2051a), 12
minutes (FR 2051b)
Number of respondents: 2,100 (FR 2051a), 700 (FR 2051b)
General description of report: This information collection is
voluntary (12 U.S.C. 353 et. seq.) and is given confidential treatment
[5 U.S.C. 552(b)(4)].
Abstract: The weekly FR 2051a collects data on total shares
outstanding for approximately 2,100 money market mutual funds (MMMFs)
and the monthly FR 2051b collects data on total net assets and
portfolio holdings for approximately 700 funds. The data are used to
construct the monetary aggregates and for the analysis of current money
market conditions and banking developments.
2. Report title: Uniform Application for Municipal Securities
Principal or Municipal Securities Representative Associated with a Bank
Municipal Securities Dealer; Uniform Termination Notice for Municipal
Securities Principal or Municipal Securities Representative Associated
with a Bank Municipal Securities Dealer
Agency form number: FR MSD-4, FR MSD-5
OMB control number: 7100-0100, 7100-0101
Frequency: On occasion
Reporters: State member banks, bank holding companies, and foreign
dealer banks engaging in activities as municipal securities dealers.
Annual reporting hours: 30: FR MSD-4; 18: FR MSD-5
Estimated average hours per response: 1.00: FR MSD-4; 0.25: FR MSD-
5
Number of respondents: 30: FR MSD-4; 70: FR MSD-5
General description of report: These information collections are
mandatory (15 U.S.C. Sec. Sec. 78o-4, 78q and 78w) and are given
confidential treatment (5 U.S.C. Sec. 552(b)(6)).
Abstract: The FR MSD-4 collects information, such as personal
history and professional qualifications, on an employee whom the bank
wishes to assume the duties of a municipal securities principal or
representative. The FR MSD-5 collects the date of, and reason for,
termination of such an employee.
3. Report title: Notice By Financial Institutions of Government
Securities Broker or Government Securities Dealer Activities; Notice By
Financial Institutions of Termination of Activities as a Government
Securities Broker or Government Securities Dealer
Agency form number: FR G-FIN, FR G-FINW
OMB control number: 7100-0224
Frequency: On occasion
Reporters: State member banks, foreign banks, uninsured state
branches or state agencies of foreign banks, commercial lending
companies owned or controlled by foreign banks, and Edge corporations.
Annual reporting hours: 25: FR G-FIN; 1: FR G-FINW
Estimated average hours per response: 1.00: FR G-FIN; 0.25: FR G-
FINW
Number of respondents: 25: FR G-FIN; 4: FR G-FINW
General description of report: These information collections are
mandatory (15 U.S.C. 78o-5(a)(1)(B)) and are not given confidential
treatment.
Abstract: The Government Securities Act of 1986 (the Act) requires
financial institutions to notify their appropriate regulatory authority
(ARA) of their intent to engage in government securities broker or
dealer activity, to amend information submitted previously, and to
record their termination of such activity. The Federal Reserve Board
uses the information in its supervisory capacity to measure compliance
with the Act.
Board of Governors of the Federal Reserve System, January 8,
2004.
Jennifer J. Johnson,
Secretary of the Board.
[FR Doc. 04-732 Filed 1-13-04; 8:45 am]
BILLING CODE 6210-01-S