20692 Federal Register / Vol. 77, No. 66 / Thursday, April 5, 2012 / Notices 

Interested parties are invited to 

participate in these proceedings by 

submitting written views, data, or 

comments. FRA does not anticipate 

scheduling a public hearing in 

connection with these proceedings since 

the facts do not appear to warrant a 

hearing. If any interested party desires 

an opportunity for oral comment, they 

should notify FRA, in writing, before 

the end of the comment period and 

specify the basis for their request. 

All communications concerning these 

proceedings should identify the 

appropriate docket number (e.g., Waiver 

Petition Docket Number FRA–2011– 

0050) and may be submitted by any of 

the following methods: 

• Web site: http:// 

www.regulations.gov. Follow the online 

instructions for submitting comments. 

• Fax: 202–493–2251. 

• Mail: Docket Operations Facility, 

U.S. Department of Transportation, 1200 

New Jersey Avenue SE., W12–140, 

Washington, DC 20590. 

• Hand Delivery: 1200 New Jersey 

Avenue SE., Room W12–140, 

Washington, DC 20590, between 9 a.m. 

and 5 p.m., Monday through Friday, 

except Federal Holidays. 

Communications received by May 21, 

2012 will be considered by FRA before 

final action is taken. Comments received 

after that date will be considered as far 

as practicable. All written 

communications concerning these 

proceedings are available for 

examination during regular business 

hours (9 a.m.–5 p.m.) at the above 

facility. All documents in the public 

docket are also available for inspection 

and copying on the Internet at the 

docket facility’s Web site at http:// 

www.regulations.gov. 

Anyone is able to search the 

electronic form of any written 

communications and comments 

received into any of our dockets by the 

name of the individual submitting the 

comment (or signing the comment, if 

submitted on behalf of an association, 

business, labor union, etc.). You may 

review DOT’s complete Privacy Act 

Statement in the Federal Register 

published on April 11, 2000 (Volume 

65, Number 70; Pages 19477–78), or 

online at http://www.dot.gov/ 

privacy.html. 

Issued in Washington, DC, on March 30, 

2012. 

Ron Hynes, 

Acting Deputy Associate Administrator for 

Regulatory and Legislative Operations. 

[FR Doc. 2012–8175 Filed 4–4–12; 8:45 am] 

BILLING CODE 4910–06–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

Agency Information Collection 

Activities: Proposed Information 

Collection; Comment Request 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury. 

ACTION: Notice and request for comment. 

SUMMARY: The OCC, as part of its 

continuing effort to reduce paperwork 

and respondent burden, invites the 

general public and other Federal 

agencies to take this opportunity to 

comment on a continuing information 

collection, as required by the Paperwork 

Reduction Act of 1995. An agency may 

not conduct or sponsor, and a 

respondent is not required to respond 

to, an information collection unless it 

displays a currently valid OMB control 

number. The OCC is soliciting comment 

concerning its information collection 

titled, ‘‘Recordkeeping Requirements for 

Securities Transactions—12 CFR parts 

12 and 151.’’ 

DATES: You should submit comments by 

May 7, 2012. 

ADDRESSES: Communications Division, 

Office of the Comptroller of the 

Currency, Public Information Room, 

Mailstop 1–5, Attention: 1557–0142, 

250 E Street SW., Washington, DC 

20219. In addition, comments may be 

sent by fax to (202) 874–4448, or by 

electronic mail to 

regs.comments@occ.treas.gov. You can 

inspect and photocopy the comments at 

the OCC’s Public Information Room, 250 

E Street SW., Washington, DC 20219. 

You can make an appointment to 

inspect the comments by calling (202) 

874–5043. 

Additionally, you should send a copy 

of your comments to OCC Desk Officer, 

1557–0142, by mail to U.S. Office of 

Management and Budget, 725 17th 

Street NW., #10235, Washington, DC 

20503, or by fax to (202) 395–6974. 

FOR FURTHER INFORMATION CONTACT: You 

can request additional information or a 

copy of the collection from Mary H. 

Gottlieb, OCC Clearance Officer, (202) 

874–4824, Legislative and Regulatory 

Activities Division, Office of the 

Comptroller of the Currency, 250 E 

Street SW., Washington, DC 20219. 

SUPPLEMENTARY INFORMATION: The OCC 

is proposing to extend OMB approval of 

the following information collection: 

Title: Recordkeeping Requirements 

for Securities Transactions—12 CFR 

parts 12 and 151. 

OMB Number: 1557–0142. 

Description: This submission covers 

an existing regulation and involves no 

change to the regulation or to the 

information collection requirements. 

The only revisions to the submission are 

the revised estimates, which have been 

updated. 

The information collection 

requirements in 12 CFR parts 12 and 

151 are required to ensure national bank 

compliance with securities laws and to 

improve the protection afforded persons 

who purchase and sell securities 

through banks. The transaction 

confirmation information provides 

customers with a record regarding the 

transaction and provides banks and the 

OCC with records to ensure compliance 

with banking and securities laws and 

regulations. The OCC uses the required 

information in its examinations to, 

among other things, evaluate a bank’s 

compliance with the antifraud 

provisions of the Federal securities 

laws. 

The information collection 

requirements contained in 12 CFR part 

12 are as follows: 

• Section 12.3 requires a national 

bank effecting securities transactions for 

customers to maintain records for at 

least three years. The records required 

by this section must clearly and 

accurately reflect the information 

required and provide an adequate basis 

for the audit of the information. 

• 151.50 (a), (b), (c), and (d) requires 

savings associations to maintain an 

itemized daily records of each purchase 

and sale of securities in chronological 

order; they must maintain the account 

record of each customer; They must 

make and keep current a memorandum 

(order ticket) of each order or any other 

instructions given or received for the 

purchase or sale of securities; they must 

maintain a record of all registered 

broker-dealers that are selected to effect 

securities transactions and the amount 

of commissions that are made or 

allocated to each registered brokerdealer during each calendar year; and 

they must maintain a copy of the 

written notice required under subpart B 

of this part. 

• Section 12.4 requires a national 

bank to give or send to the customer a 

written notification of the transaction or 

a copy of the registered broker/dealer 

confirmation relating to the transaction. 

• Section 151.70 describes the type of 

notice a savings association must 

provide when they effect a securities 

transaction for a customer. 

• Sections 12.5(a), (b), (c), and (e) 

describe procedures a national bank 

may use as an alternative to complying 

with § 12.4, to notify customers of 

transactions in which the bank does not 


Tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 77, No. 66 / Thursday, April 5, 2012 / Notices 20693 

exercise investment discretion, trust 

transactions, agency transactions and 

certain periodic plan transactions. 

• Section 151.90 requires savings 

associations to provide the customer a 

written notice, which must give or send 

the written notice at or before the 

completion of the securities 

transactions. 

• Sections 12.7(a)(1) through (a)(3) 

and 151.140 require a national bank/ 

savings association to maintain and 

adhere to policies and procedures that 

assign responsibility for supervision of 

employees who perform securities 

trading functions; provide for the fair 

and equitable allocation of securities 

and prices to accounts; and provide for 

crossing of buy and sell orders on a fair 

and equitable basis. 

• Section 12.7(a)(4) requires certain 

bank officers and employees involved in 

the securities trading process to report 

to the bank all personal transactions in 

securities made by them or on their 

behalf in which they have a beneficial 

interest. 

• 15.150 this section describes how 

an officer or employee of a savings 

association should report all personal 

transactions in securities made by or on 

behalf of the officer or employee if they 

have a beneficial interest in the security. 

• Section 12.8 requires a national 

bank seeking a waiver of one or more of 

the requirements of §§ 12.2 through 12.7 

to file a written request for waiver with 

the OCC. 

Type of Review: Regular. 

Affected Public: Individuals; 

Businesses or other for-profit. 

Estimated Number of Respondents: 

1,326. 

Estimated Total Annual Responses: 

2,833. 

Estimated Frequency of Response: On 

occasion. 

Estimated Total Annual Burden: 

6,944 hours. 

Comments submitted in response to 

this notice will be summarized and 

included in the request for OMB 

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 has 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 on respondents, including 

through the use of automated collection 

techniques or other forms of information 

technology; and 

(e) Estimates of capital or start-up 

costs and costs of operation, 

maintenance, and purchase of services 

to provide information. 

Dated: March 28, 2012. 

Michele Meyer, 

Assistant Director, Legislative and Regulatory 

Activities Division. 

[FR Doc. 2012–8139 Filed 4–4–12; 8:45 am] 

BILLING CODE 4810–33–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

Designation of Three Individuals 

Pursuant to Executive Order 13573 of 

May 18, 2011, ‘‘Blocking Property of 

Senior Officials of the Government of 

Syria’’ 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Notice. 

SUMMARY: The Treasury Department’s 

Office of Foreign Assets Control 

(‘‘OFAC’’) is publishing the names of 3 

individuals whose property and 

interests in property are blocked 

pursuant to Executive Order 13573 of 

May 18, 2011, ‘‘Blocking Property of 

Senior Officials of the Government of 

Syria.’’ 

DATES: The designation by the Director 

of OFAC of the 3 individuals identified 

in this notice, pursuant to Executive 

Order 13573, is effective on March 30, 

2012. 

FOR FURTHER INFORMATION CONTACT: 

Assistant Director, Compliance 

Outreach & Implementation, Office of 

Foreign Assets Control, Department of 

the Treasury, 1500 Pennsylvania 

Avenue NW (Treasury Annex), 

Washington, DC 20220, Tel.: 202–622– 

2490. 

SUPPLEMENTARY INFORMATION: 

Electronic and Facsimile Availability 

This document and additional 

information concerning OFAC are 

available from OFAC’s Web site 

(www.treas.gov/ofac) or via facsimile 

through a 24-hour fax-on-demand 

service, Tel.: 202–622–0077. 

Background 

On May 18, 2011, the President issued 

Executive Order 13573, ‘‘Blocking 

Property of Senior Officials of the 

Government of Syria,’’ (the ‘‘Order’’) 

pursuant to, inter alia, the International 

Emergency Economic Powers Act (50 

U.S.C. 1701–06). In the Order, the 

President took additional steps with 

respect to the national emergency 

declared in Executive Order 13338 of 

May 11, 2004, which was expanded in 

scope in Executive Order 13572 of April 

29, 2011. 

Section 1 of the Order blocks, with 

certain exceptions, all property and 

interests in property that are in the 

United States, that come within the 

United States, or that are or come within 

the possession or control of any United 

States person, of persons listed in the 

Annex to the Order and of persons 

determined by the Secretary of the 

Treasury, in consultation with the 

Secretary of State: (1) To be a senior 

official of the Government of Syria; (2) 

to be an agency or instrumentality of the 

Government of Syria, or owned or 

controlled, directly or indirectly, by the 

Government of Syria or by an official or 

officials of the Government of Syria; (3) 

to have materially assisted, sponsored, 

or provided financial, material, or 

technological support for, or goods or 

services in support of, any person 

whose property an interests in property 

are blocked pursuant to this order; or (4) 

to be owned or controlled by, or to have 

acted or purported to act for or on behalf 

of directly or indirectly, any person 

whose property and interest are blocked 

pursuant to this order. 

On March 30, 2012, the Director of 

OFAC, in consultation with the 

Department of State, designated, 

pursuant to one or more of the criteria 

set forth in subsection 1(b) of the Order, 

3 individuals whose property and 

interests in property are blocked 

pursuant to Executive Order 13573. 

The listings for those individuals on 

OFAC’s list of Specially Designated 

Nationals and Blocked Persons appear 

as follows: 

Individuals 

1. ADANOV, Munir (a.k.a. ADANOF, 

Munir; a.k.a. ADNUF, Munir); DOB 

1951; Deputy Chief of General Staff 

of the Syrian Army; Lieutenant 

General (individual) [SYRIA]. 

2. RAJIHA, Dawood (a.k.a. RAJHA, 

Daood; a.k.a. RAJHA, Davoud; a.k.a. 

RAJHA, Dawood; a.k.a. RAJHA, 

Dawoud; a.k.a. RAJIHA, Dawood 

Abdukllah; a.k.a. RAJIHAH, 

Dawud); DOB 1947; POB Damascus, 

Syria; Minister of Defense; General 

(individual) [SYRIA]. 

3. SHALISH, Zuhayr (a.k.a. ALHEMMEH, Thu; a.k.a. ALSHALISH, Dhu Al-Himma; a.k.a. 

SHALEESH, Dhu Himma; a.k.a. 

SHALEESH, Thu Al Hima; a.k.a. 

SHALISH, Zuhilma; a.k.a. 

SHALISH, Dhu Al Himma; a.k.a. 

SHALISH, Dhuil Himma), 

Damascus, Syria; DOB circa 1956; 


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