Office of Thrift Supervision (OTS), Treasury.
Notice and request for comment.
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 proposed and continuing information collections, as required by the Paperwork Reduction Act of 1995, 44 U.S.C. 3507. The Office of Thrift Supervision within the Department of the Treasury will submit the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. Today, OTS is soliciting public comments on its proposal to extend this information collection.
Submit written comments on or before March 31, 2008.
Send comments, referring to the collection by title of the proposal or by OMB approval number, to Information Collection Comments, Chief Counsel's Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552; send a facsimile transmission to (202) 906-6518; or send an e-mail to email@example.com. OTS will post comments and the related index on the OTS Internet Site at http://www.ots.treas.gov. In addition, interested persons may inspect comments at the Public Reading Room, 1700 G Street, NW., by appointment. To make an appointment, call (202) 906-5922, send an e-mail to firstname.lastname@example.org, or send a facsimile transmission to (202) 906-7755.Start Further Info
FOR FURTHER INFORMATION CONTACT:
You can request additional information about this proposed information collection from Patricia D. Goings, (202) 906-5668, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.End Further Info End Preamble Start Supplemental Information
OTS may not conduct or sponsor an information collection, and respondents are not required to respond to an information collection, unless the information collection displays a currently valid OMB control number. As part of the approval process, we invite comments on the following information collection.
Comments should address one or more of the following points:
a. Whether the proposed collection of information is necessary for the proper performance of the functions of OTS;
b. The accuracy of OTS's estimate of the burden of the proposed information collection;
c. Ways to enhance the quality, utility, and clarity of the information to be collected;
d. Ways to minimize the burden of the information collection on respondents, including through the use of information technology.
We will summarize the comments that we receive and include them in the OTS request for OMB approval. All comments will become a matter of public record. In this notice, OTS is soliciting comments concerning the following information collection.
Title of Proposal: Request for Service Corporation Activity.
OMB Number: 1550-0013.
Form Numbers: 1562 and 1566.
Regulation requirement: 12 CFR parts 545 and 559.
Description: 2 CFR 545.74 requires savings associations to obtain approval or notify the Office of Thrift Supervision (OTS) prior to engaging in activities through a service corporation that are not preapproved by regulation. It also contains a recordkeeping requirement for securities brokerage activities. 12 CFR 559.12 governs the issuance of securities. These requirements allow OTS to review service corporation activities and to ensure that they will not adversely affect an institution's safety and soundness.
Type of Review: Extension of a currently approved collection.
Affected Public: Businesses or other for-profit: Federal Government.
Estimated Number of Respondents: 20.
Estimated Number of Responses: 20.
Estimated Time per Respondent: 15 minutes.
Estimated Frequency of Response: On occasion.
Estimated Total Burden: 14 hours.
Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift Supervision, 1700 G Street, NW., Washington, DC 20552.Start Signature
Dated: January 24, 2008.
Senior Deputy Chief Counsel, Regulations and Legislation Division.
[FR Doc. E8-1530 Filed 1-28-08; 8:45 am]
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