[Federal Register Volume 86, Number 167 (Wednesday, September 1, 2021)]
[Notices]
[Pages 49029-49031]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-18830]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

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SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, without 
revision, the Registration of a Securities Holding Company (FR 2082; 
OMB No. 7100-0347).

DATES: Comments must be submitted on or before November 1, 2021.

ADDRESSES: You may submit comments, identified by FR 2082, by any of 
the following methods:
    <bullet> Agency Website: https://www.federalreserve.gov/. Follow 
the instructions for submitting comments at

[[Page 49030]]

https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
    <bullet> Email: <a href="/cdn-cgi/l/email-protection#a3d1c6c4d08dc0cccecec6cdd7d0e3c5c6c7c6d1c2cfd1c6d0c6d1d5c68dc4ccd5"><span class="__cf_email__" data-cfemail="f183949682df929e9c9c949f8582b19794959483909d83948294838794df969e87">[email protected]</span></a>. Include the OMB 
number or FR number in the subject line of the message.
    <bullet> Fax: (202) 452-3819 or (202) 452-3102.
    <bullet> 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 
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as 
submitted, unless modified for technical reasons or to remove 
personally identifiable information at the commenter's request. 
Accordingly, comments will not be edited to remove any confidential 
business information, identifying information, or contact information. 
Public comments may also be viewed electronically or in paper in Room 
146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. 
and 5:00 p.m. on weekdays. For security reasons, the Board requires 
that visitors make an appointment to inspect comments. You may do so by 
calling (202) 452-3684. Upon arrival, visitors will be required to 
present valid government-issued photo identification and to submit to 
security screening in order to inspect and photocopy comments.
    Additionally, commenters may send a copy of their comments to the 
Office of Management and Budget (OMB) Desk Officer for the Federal 
Reserve Board, Office of Information and Regulatory Affairs, Office of 
Management and Budget, New Executive Office Building, Room 10235, 725 
17th Street NW, Washington, DC 20503, or by fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551, (202) 
452-3829.

SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board 
authority under the Paperwork Reduction Act (PRA) to approve and assign 
OMB control numbers to collections of information conducted or 
sponsored by the Board. In exercising this delegated authority, the 
Board is directed to take every reasonable step to solicit comment. In 
determining whether to approve a collection of information, the Board 
will consider all comments received from the public and other agencies.
    During the comment period for this proposal, a copy of the proposed 
PRA OMB submission, including the draft reporting form and 
instructions, supporting statement, and other documentation, will be 
made available on the Board's public website at https://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested 
from the agency clearance officer, whose name appears above. Final 
versions of these documents will be made available at https://www.reginfo.gov/public/do/PRAMain, if approved.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board'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;
    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; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, 
Without Revision, the Following Information Collection

    Report title: Registration of a Securities Holding Company.
    Agency form number: FR 2082.
    OMB control number: 7100-0347.
    Frequency: On occasion.
    Respondents: Certain nonbank companies that own at least one 
registered securities broker or dealer which elect to become a 
supervised securities holding company (SHC).
    Estimated number of respondents: 1.
    Estimated average hours per response: 8.
    Estimated annual burden hours: 8.
    General description of report: The FR 2082 registration form is 
used whenever an SHC elects to register to become subject to 
supervision by the Board pursuant to section 618 of the Dodd-Frank Wall 
Street Reform and Consumer Protection Act (Dodd-Frank Act).\1\
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    \1\ See Dodd-Frank Act, Public Law 111-203, 124 STAT. 1376 
(2010).
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    The FR 2082 requests the following from the registering SHC: An 
organization chart (including all subsidiaries); information regarding 
certain of the SHC's subsidiaries; shareholder reports and financial 
statements; information regarding the SHC's shareholders, senior 
officers and directors; information regarding the methods used by the 
SHC to monitor and control its operations; information regarding the 
SHC's foreign subsidiaries that are subject to comprehensive 
consolidated supervision and the regulatory system in which these 
foreign subsidiaries operate; and information regarding any other 
regulatory capital framework to which the SHC is subject. The 
information collected by the FR 2082 registration form is used by the 
Federal Reserve System to determine whether the registrant meets the 
requirements to become a supervised SHC and to complete the 
registration.
    Legal authorization and confidentiality: The FR 2082 is authorized 
by section 618(b)(2)(A) of the Dodd-Frank Act, which requires companies 
that elect SHC status to register by filing with the Board such 
information and documents as the Board, by regulation, may prescribe. 
Submission of the FR 2082 is required to obtain a benefit.
    The information provided on the FR 2082 form and in connection with 
an SHC's registration is generally considered public. Firms may request 
certain information provided in connection with the FR 2082 be kept 
confidential under exemptions of the Freedom of Information Act (FOIA) 
in accordance with the Board's Rules Regarding Availability of 
Information.\2\ Confidential commercial or financial information that 
is both customarily and actually treated as private may be kept 
confidential under the FOIA exemption 4.\3\ Personal and biographical 
information of individuals required as part of the registration may be 
treated as confidential under the FOIA exemption 6 if its disclosure 
``would constitute a

[[Page 49031]]

clearly unwarranted invasion of personal privacy.'' \4\
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    \2\ 12 CFR 261.17.
    \3\ 12 U.S.C. 552(b)(4).
    \4\ 12 U.S.C. 552(b)(6).

    Board of Governors of the Federal Reserve System, August 26, 
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-18830 Filed 8-31-21; 8:45 am]
BILLING CODE 6210-01-P


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