17410 Federal Register / Vol. 87, No. 59 / Monday, March 28, 2022 / Notices 

1May 2020 National Occupational Employment 

and Wage Estimates United States, Occupational 

Employment Statistics, Bureau of Labor Statistics, 

U.S. Department of Labor, https://www.bls.gov/oes/ 

current/oes_nat.htm#15-0000, last accessed July 23, 

2021. 2Employer Costs for Employee Compensation by 

ownership (Dec. 2020), available at https://

www.bls.gov/news.release/ecec.t01.htm (accessed 

July 23, 2021). 

these two States was 530 hours and the 

associated labor cost was $17,400. Using 

these estimates, NHTSA calculates an 

average of 265 hours per State, with an 

annual labor cost of $8,700. There are 51 

respondents per year (the 50 States and 

the District of Columbia). Therefore, 

total annual burden hours for 

maintenance and infrastructure is 

estimated to be 13,515 hours (51 

respondents × 265 hours). The total 

annual maintenance and infrastructure 

labor cost per year is estimated to be 

$443,700 ($8,700 × 51). 

To ensure that the information 

contained in the NDR is accurate, States 

sometimes submit a ‘‘clean file’’ which 

is a confirmation of all drivers of that 

State who should be listed in the NDR 

file. NHTSA estimates that an average of 

28 clean files will be submitted 

annually by States. States use SFTP to 

submit this information, and NHTSA 

estimates it takes an IT specialist 8 

hours to prepare and run the data. 

NHTSA estimates the cost for IT 

personnel burden hours using the 

Bureau of Labor Statistics’ mean wage 

estimate for Software and Web 

Developers, Programmers, and Testers 

(Standard Occupational Classification 

#15–1250, May 2020) of $52.86.1 The 

Bureau of Labor Statistics estimates that 

for State and local government workers, 

wages represent 61.9% of total 

compensation.2 Therefore, the total 

hourly cost associated with the IT 

burden hours is estimated to be $85.40 

($52.86 ÷ 61.9%) per hour. The total 

annual burden hours to prepare and 

submit clean files is 224 hours (8 × 28). 

The total annual clean file labor cost per 

year is estimated to be $19,130 ($85.40 

× 224). 

Submission type Annual 

submissions 

Estimated 

burden per 

submission 

Average 

hourly labor 

cost 

Labor cost 

per submission 

Total burden 

hours 

Total labor 

costs 

Maintenance and Infrastructure ........... 51 265 N/A $8,700 13,515 $443,700 

Clean files ............................................ 28 8 $85.40 683.20 224 19,130 

Total .............................................. 51 ........................ ........................ ............................ 14,004 462,830 

Public Comments Invited: You are 

invited to comment on any aspect of 

this information collection, including 

whether (a) the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

Department, including whether the 

information will have practical utility; 

(b) the accuracy of the Department’s 

estimated burden of the proposed 

information collection; (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 the use of 

automated collection techniques or 

other forms of information technology. 

The agency will summarize and/or 

include your comments in the request 

for OMB’s clearance of this information 

collection. 

Authority: The Paperwork Reduction 

Act of 1995; 44 U.S.C. Chapter 35, as 

amended; 49 CFR 1.49; and DOT Order 

1351.29. 

Chou-Lin Chen, 

Associate Administrator for the National 

Center for Statistics and Analysis. 

[FR Doc. 2022–06467 Filed 3–25–22; 8:45 am] 

BILLING CODE 4910–59–P 

DEPARTMENT OF THE TREASURY 

Office of the Comptroller of the 

Currency 

FEDERAL RESERVE SYSTEM 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Office of the Comptroller of the 

Currency (OCC), Treasury; Board of 

Governors of the Federal Reserve 

System (Board); and Federal Deposit 

Insurance Corporation (FDIC). 

ACTION: Joint notice and request for 

comment. 

SUMMARY: In accordance with the 

requirements of the Paperwork 

Reduction Act of 1995 (PRA), the OCC, 

the Board, and the FDIC (the agencies) 

may not conduct or sponsor, and the 

respondent is not required to respond 

to, an information collection unless it 

displays a currently valid Office of 

Management and Budget (OMB) control 

number. The Federal Financial 

Institutions Examination Council 

(FFIEC), of which the agencies are 

members, has approved the agencies’ 

publication for public comment of a 

proposal to extend for three years, 

without revision, the Market Risk 

Regulatory Report for Institutions 

Subject to the Market Risk Capital Rule 

(FFIEC 102), which is currently an 

approved collection of information for 

each agency. 

At the end of the comment period for 

this notice, the FFIEC and the agencies 

will review any comments received to 

determine whether to modify the 

proposal in response to comments. As 

required by the PRA, the agencies will 

then publish a second Federal Register 

notice for a 30-day comment period and 

submit the final FFIEC 102 to OMB for 

review and approval. 

DATES: Comments must be submitted on 

or before May 27, 2022. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

any or all of the agencies. All comments, 

which should refer to the OMB control 

number(s), will be shared among the 

agencies. 

OCC: Commenters are encouraged to 

submit comments by email, if possible. 

You may submit comments by any of 

the following methods: 

• Email: prainfo@occ.treas.gov. 

• Mail: Chief Counsel’s Office, 

Attention: Comment Processing, Office 

of the Comptroller of the Currency, 

Attention: 1557–0325, 400 7th Street 

SW, Suite 3E–218, Washington, DC 

20219. 

• Hand Delivery/Courier: 400 7th 

Street SW, Suite 3E–218, Washington, 

DC 20219. 

Instructions: You must include 

‘‘OCC’’ as the agency name and ‘‘1557– 

0325’’ in your comment. In general, the 

OCC will publish comments on 


jspears on DSK121TN23PROD with NOTICES1
Federal Register / Vol. 87, No. 59 / Monday, March 28, 2022 / Notices 17411 

1 12 CFR 3.201 (OCC); 12 CFR 217.201 (Board); 

and 12 CFR 324.201 (FDIC). The market risk capital 

Continued 

www.reginfo.gov without change, 

including any business or personal 

information provided, such as name and 

address information, email addresses, or 

phone numbers. Comments received, 

including attachments and other 

supporting materials, are part of the 

public record and subject to public 

disclosure. Do not include any 

information in your comment or 

supporting materials that you consider 

confidential or inappropriate for public 

disclosure. 

Following the close of this notice’s 

60-day comment period, the agencies 

will publish a second notice with a 30- 

day comment period. You may review 

comments and other related materials 

that pertain to this information 

collection beginning on the date of 

publication of the second notice for this 

collection by the method set forth in the 

next bullet. 

Viewing Comments Electronically: Go 

to www.reginfo.gov. Hover over the 

‘‘Information Collection Review’’ drop 

down menu. From the ‘‘Currently under 

Review’’ drop-down menu, select 

‘‘Department of Treasury’’ and then 

click ‘‘submit.’’ This information 

collection can be located by searching 

by OMB control number ‘‘1557–0325’’ 

or ‘‘Market Risk Regulatory Report for 

Institutions Subject to the Market Risk 

Capital Rule (FFIEC 102).’’ Upon finding 

the appropriate information collection, 

click on the related ‘‘ICR Reference 

Number.’’ On the next screen, select 

‘‘View Supporting Statement and Other 

Documents’’ and then click on the link 

to any comment listed at the bottom of 

the screen. 

For assistance in navigating 

www.reginfo.gov, please contact the 

Regulatory Information Service Center 

at (202) 482–7340. 

Board: You may submit comments, 

which should refer to ‘‘FFIEC 102,’’ by 

any of the following methods: 

• Agency Website: http://

www.federalreserve.gov. Follow the 

instructions for submitting comments at: 

http://www.federalreserve.gov/ 

generalinfo/foia/ProposedRegs.cfm. 

• Email: regs.comments@

federalreserve.gov. Include ‘‘FFIEC 102’’ 

in the subject line of the message. 

• Fax: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Ann E. Misback, Secretary, 

Board of Governors of the Federal 

Reserve System, 20th Street and 

Constitution Avenue NW, Washington, 

DC 20551. 

All public comments are available 

from the Board’s website at 

www.federalreserve.gov/generalinfo/ 

foia/proposedregs.cfm as submitted, 

unless modified for technical reasons. 

Accordingly, your comments will not be 

edited to remove any identifying or 

contact information. 

FDIC: You may submit comments, 

which should refer to ‘‘FFIEC 102,’’ by 

any of the following methods: 

• Agency Website: https://

www.fdic.gov/resources/regulations/ 

federal-register-publications/index.html. 

Follow the instructions for submitting 

comments on the FDIC’s website. 

• Federal eRulemaking Portal: 

https://www.regulations.gov. Follow the 

instructions for submitting comments. 

• Email: comments@FDIC.gov. 

Include ‘‘FFIEC 102’’ in the subject line 

of the message. 

• Mail: Manuel E. Cabeza, Counsel, 

Attn: Comments, Room MB–3007, 

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 550 17th Street NW 

building (located on F Street NW) on 

business days between 7:00 a.m. and 

5:00 p.m. 

Public Inspection: All comments 

received will be posted without change 

to https://www.fdic.gov/resources/ 

regulations/federal-registerpublications/index.html, including any 

personal information provided. Paper 

copies of public comments may be 

requested from the FDIC Public 

Information Center by telephone at (877) 

275–3342 or (703) 562–2200. 

Additionally, commenters may send a 

copy of their comments to the OMB 

desk officers for the agencies by mail to 

the Office of Information and Regulatory 

Affairs, U.S. Office of Management and 

Budget, New Executive Office Building, 

Room 10235, 725 17th Street NW, 

Washington, DC 20503; by fax to (202) 

395–6974; or by email to oira_

submission@omb.eop.gov. 

FOR FURTHER INFORMATION CONTACT: For 

further information about the 

information collections discussed in 

this notice, please contact any of the 

agency staff whose names appear below. 

In addition, copies of the FFIEC 102 

reporting forms and instructions can be 

obtained at the FFIEC’s website (https:// 

www.ffiec.gov/ffiec_report_forms.htm). 

OCC: Kevin Korzeniewski, Counsel, 

Chief Counsel’s Office, (202) 649–5490, 

or for persons who are hearing 

impaired, TTY, (202) 649–5597. If you 

are deaf, hard of hearing, or have a 

speech disability, please dial 7–1–1 to 

access telecommunications relay 

services. 

Board: Nuha Elmaghrabi, Federal 

Reserve Board Clearance Officer, (202) 

452–3884, Office of the Chief Data 

Officer, Board of Governors of the 

Federal Reserve System, 20th and C 

Streets NW, Washington, DC 20551. 

Telecommunications Device for the Deaf 

(TDD) users may call (202) 263–4869. 

FDIC: Manuel E. Cabeza, Counsel, 

(202) 898–3767, Legal Division, Federal 

Deposit Insurance Corporation, 550 17th 

Street NW, Washington, DC 20429. 

SUPPLEMENTARY INFORMATION: The 

agencies are proposing to extend for 

three years, without revision, the FFIEC 

102, which is currently an approved 

collection of information for each 

agency. 

Report Titles: Market Risk Regulatory 

Report for Institutions Subject to the 

Market Risk Capital Rule. 

Form Numbers: FFIEC 102. 

Frequency of Response: Quarterly. 

Affected Public: Business or other for 

profit. 

OCC 

OMB Number: 1557–0325. 

Estimated Number of Respondents: 16 

national banks and federal savings 

associations. 

Estimated Average Time per 

Response: 12 hours per quarter. 

Estimated Total Annual Burden: 768 

hours. 

Board 

OMB Number: 7100–0365. 

Estimated Number of Respondents: 42 

state member banks, bank holding 

companies, savings and loan holding 

companies, and intermediate holding 

companies. 

Estimated Average Time per 

Response: 12 hours per quarter. 

Estimated Total Annual Burden: 

2,016 hours. 

FDIC 

OMB Number: 3064–0199. 

Estimated Number of Respondents: 1 

insured state nonmember bank and state 

savings association. 

Estimated Average Time per 

Response: 12 hours per quarter. 

Estimated Total Annual Burden: 48 

hours. 

General Description of Reports 

The Market Risk Regulatory Report for 

Institutions Subject to the Market Risk 

Capital Rule (FFIEC 102) is filed 

quarterly with the agencies and 

provides information for market risk 

institutions, defined for this purpose as 

those institutions that are subject to the 

market risk capital rule as incorporated 

into Subpart F of the agencies’ 

regulatory capital rules 1 (market risk 


jspears on DSK121TN23PROD with NOTICES1
17412 Federal Register / Vol. 87, No. 59 / Monday, March 28, 2022 / Notices 

rule generally applies to any banking institution 

with aggregate trading assets and trading liabilities 

equal to (a) 10 percent or more of quarter-end total 

assets or (b) $1 billion or more. 

institutions). Each market risk 

institution is required to file the FFIEC 

102 for the agencies’ use in assessing the 

reasonableness and accuracy of the 

institution’s calculation of its minimum 

capital requirements under the market 

risk capital rule and in evaluating the 

institution’s capital in relation to its 

risks. Additionally, the market risk 

information collected in the FFIEC 102: 

(a) Permits the agencies to monitor the 

market risk profile of, and evaluate the 

impact and competitive implications of, 

the market risk capital rule on 

individual market risk institutions and 

the industry as a whole; (b) provides the 

most current statistical data available to 

identify areas of market risk on which 

to focus for onsite and offsite 

examinations; (c) allows the agencies to 

assess and monitor the levels and 

components of each reporting 

institution’s risk-based capital 

requirements for market risk and the 

adequacy of the institution’s capital 

under the market risk capital rule; and 

(d) assists market risk institutions in 

validating their implementation of the 

market risk framework. 

Statutory Basis and Confidential 

Treatment 

The quarterly FFIEC 102 information 

collection is mandatory for market risk 

institutions: 12 U.S.C. 161 (national 

banks), 12 U.S.C. 324 (state member 

banks), 12 U.S.C. 1844(c) (bank holding 

companies), 12 U.S.C. 1467a(b) (savings 

and loan holding companies), 12 U.S.C. 

5365 (U.S. intermediate holding 

companies), 12 U.S.C. 1817 (insured 

state nonmember commercial and 

savings banks), and 12 U.S.C. 1464 

(savings associations). The FFIEC 102 

information collections are not given 

confidential treatment. 

Request for Comment 

The agencies invite comment on the 

following topics related to these 

collections of information: 

(a) Whether the information 

collections are necessary for the proper 

performance of the agencies’ functions, 

including whether the information has 

practical utility; 

(b) The accuracy of the agencies’ 

estimates of the burden of the 

information collections, including the 

validity of the methodology and 

assumptions used; 

(c) Ways to enhance the quality, 

utility, and clarity of the information to 

be collected; 

(d) Ways to minimize the burden of 

information collections 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. 

Comments submitted in response to 

this joint notice will be shared among 

the agencies. All comments will become 

a matter of public record. 

Theodore J. Dowd, 

Deputy Chief Counsel, Office of the 

Comptroller of the Currency. 

Michele Taylor Fennell, 

Assistant Secretary of the Board. 

Federal Deposit Insurance Corporation. 

Dated at Washington, DC, on March 21, 

2022. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2022–06456 Filed 3–25–22; 8:45 am] 

BILLING CODE 4810–33–P; 6210–01–P; 6714–01–P 


jspears on DSK121TN23PROD with NOTICES1