Federal Register / Vol. 75, No. 176 / Monday, September 13, 2010 / Notices 55579 

• E-mail: comments@fdic.gov. 

Include the name of the collection in the 

subject line of the message. 

• Mail: Leneta G. Gregorie (202–898– 

3719), Counsel, Room F–1064, 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 17th Street Building 

(located on F Street), on business days 

between 7 a.m. and 5 p.m. 

All comments should refer to the 

relevant OMB control number. A copy 

of the comments may also be submitted 

to the OMB desk officer for the FDIC: 

Office of Information and Regulatory 

Affairs, Office of Management and 

Budget, New Executive Office Building, 

Washington, DC 20503. 

FOR FURTHER INFORMATION CONTACT: 

Leneta Gregorie, at the FDIC address 

above. 

SUPPLEMENTARY INFORMATION: Proposal 

to renew the following currently 

approved collection of information: 

1. Title: Application Pursuant to 

Section 19 of the Federal Deposit 

Insurance Act. 

OMB Number: 3064–0018. 

Form Number: FDIC 6710/07. 

Frequency of Response: On occasion. 

Affected Public: Insured depository 

institutions. 

Estimated Number of Respondents: 

14. 

Estimated Time per Response: 16 

hours. 

Total Annual Burden: 224 hours. 

General Description of Collection: 

Section 19 of the Federal Deposit 

Insurance Act (FDI), 12 U.S.C. 1829, 

requires the FDIC’s consent prior to any 

participation in the affairs of an insured 

depository institution by a person who 

has been convicted of crimes involving 

dishonesty or breach of trust. To obtain 

that consent, an insured depository 

institution must submit an application 

to the FDIC for approval on Form FDIC 

6710/07. 

Request for Comment 

Comments are invited on: (a) Whether 

the collection of information is 

necessary for the proper performance of 

the FDIC’s functions, including whether 

the information has practical utility; (b) 

the accuracy of the estimates of the 

burden of the 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 the information collection on 

respondents, including through the use 

of automated collection techniques or 

other forms of information technology. 

All comments will become a matter of 

public record. 

Dated at Washington, DC, this 8th day of 

September, 2010. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2010–22698 Filed 9–10–10; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL RESERVE SYSTEM 

Proposed Agency Information 

Collection Activities; Comment 

Request 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: 

Background 

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 (PRA), 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 

Paperwork Reduction Act Submission, 

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. 

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 November 12, 2010. 

ADDRESSES: You may submit comments, 

identified by FR 2248 or FR 3033s by 

any of the following methods: 

• Agency Web Site: http:// 

www.federalreserve.gov. Follow the 

instructions for submitting comments at 

http://www.federalreserve.gov/ 

generalinfo/foia/ProposedRegs.cfm. 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• E-mail: 

regs.comments@federalreserve.gov. 

Include docket number in the subject 

line of the message. 

• FAX: 202/452–3819 or 202/452– 

3102. 

• Mail: Jennifer J. Johnson, 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 Web site at http:// 

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. Public comments 

may also be viewed electronically or in 

paper form in Room MP–500 of the 

Board’s Martin Building (20th and C 

Streets, NW.) between 9 a.m. and 5 p.m. 

on weekdays. 

Additionally, commenters should 

send a copy of their comments to the 

OMB Desk Officer 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 or by fax to 202– 

395–6974. 

FOR FURTHER INFORMATION CONTACT: A 

copy of the PRA OMB submission, 

including the proposed reporting form 

and instructions, supporting statement, 

and other documentation will be placed 

into OMB’s public docket files, once 

approved. These documents will also be 

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55580 Federal Register / Vol. 75, No. 176 / Monday, September 13, 2010 / Notices 

made available on the Federal Reserve 

Board’s public Web site at: http:// 

www.federalreserve.gov/boarddocs/ 

reportforms/review.cfm or may be 

requested from the agency clearance 

officer, whose name appears below. 

Michelle Shore, 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, with revision, of the 

following report: 

Report title: Domestic Finance 

Company Report of Consolidated Assets 

and Liabilities. 

Agency form number: FR 2248. 

OMB control number: 7100–0005. 

Frequency: Monthly, Quarterly, and 

Semi-annually. 

Reporters: Domestic finance 

companies and mortgage companies. 

Estimated annual reporting hours: 

350 hours. 

Estimated average hours per response: 

Monthly, 20 minutes; Quarterly, 30 

minutes; Semi-annually, 10 minutes. 

Number of respondents: 70. 

General description of report: This 

information collection is authorized 

pursuant the Federal Reserve Act (12 

U.S.C. 225(a)). Obligation to respond to 

this information collection is voluntary. 

Individual respondent data are 

confidential under section (b)(4) of the 

Freedom of Information Act (5 U.S.C. 

552). 

Abstract: The FR 2248 is collected 

monthly as of the last calendar day of 

the month from a stratified sample of 

finance companies. Each monthly report 

collects balance sheet data on major 

categories of consumer and business 

credit receivables and on major shortterm liabilities. For quarter-end months 

(March, June, September, and 

December), additional asset and liability 

items are collected to provide a full 

balance sheet. A supplemental section 

collects data on securitized assets. The 

data are used to construct universe 

estimates of finance company holdings, 

which are published in the monthly 

statistical releases Finance Companies 

(G.20) and Consumer Credit (G.19), in 

the quarterly statistical release Flow of 

Funds Accounts of the United States 

(Z.1), and in the Federal Reserve 

Bulletin (Tables 1.51, 1.52, and 1.55). 

Current Actions: The Federal Reserve 

proposes to revise the FR 2248 reporting 

form by: (1) Revising the reporting 

frequency for the breakout of 1–4 family 

real estate loans from quarterly to 

monthly, (2) adding data items in the 

liability and equity capital section of the 

report, (3) reordering the asset and 

liability data items from most liquid to 

least liquid, (4) adding two columns to 

create a clearer distinction among broad 

balance sheet data items, which are 

collected quarterly, detailed loan and 

lease data items, which are collected 

monthly, and the off-balance-sheet 

securitization data items; and (5) 

deleting the supplemental data items on 

the sale of receivables. The proposed 

changes to the FR 2248 would be 

effective with the December 31, 2010, 

report date. 

Proposal to approve under OMB 

delegated authority the implementation 

of the following report: 

Report title: Survey of Finance 

Companies. 

Agency form number: FR 3033s. 

OMB control number: 7100–0277. 

Frequency: One-time. 

Reporters: Finance companies and 

mortgage companies. 

Estimated annual reporting hours: 

2,700 hours. 

Estimated average hours per response: 

1.5 hours. 

Number of respondents: 1,800. 

General description of report: This 

information collection is authorized 

pursuant the Federal Reserve Act (12 

U.S.C. 225a, 263, and 355–59). 

Obligation to respond to this 

information collection is voluntary. 

Individual respondent data are 

confidential under section (b)(4) of the 

Freedom of Information Act (5 U.S.C. 

552). 

Abstract: This information collection 

is a two-stage survey of finance and 

mortgage companies. The first stage is a 

simple questionnaire (FR 3033p) that is 

sent to all known domestic finance and 

mortgage companies and that asks for 

information about each company’s total 

net assets, areas of specialization, and 

other characteristics. From the 

questionnaire respondents, the Federal 

Reserve draws a stratified random 

sample of finance and mortgage 

companies for the second stage, the 

survey itself (FR 3033s). The survey 

requests detailed information from both 

sides of the respondents’ balance sheets. 

The Federal Reserve Board initiates data 

collection and analysis, and staff at the 

Federal Reserve Banks follow up on 

data quality issues, collect data from 

late FR 3033s, and resolve other 

outstanding questions. 

Current Actions: The first stage of this 

survey, the Census of Finance 

Companies (FR 3033p), was conducted 

in April 2010. The FR 3033p was sent 

to all companies that met the criteria 

developed to identify the potential 

universe of domestic finance 

companies. From the universe of 

finance companies as determined by the 

FR 3033p, a stratified random sample of 

3,000 finance companies would be 

drawn for the FR 3033s. The survey 

would be sent in February 2011 and 

collect detailed information, as of 

December 31, 2010, from both sides of 

the respondents’ balance sheets, as well 

as companies’ geographic scope of 

operations and servicing activities. The 

data collected from this survey would 

be used for two purposes: To benchmark 

the consumer and business finance 

series collected on the monthly 

Domestic Finance Company Report of 

Consolidated Assets and Liabilities (FR 

2248; OMB No. 7100–0005) and to 

increase the Federal Reserve’s 

understanding of an important part of 

the financial system. 

The Federal Reserve proposes to 

revise the FR 3033s by: (1) Increasing 

the respondent panel size from 750 to 

3,000, (2) adding a section to solicit 

information on servicing activities and 

geographic distribution of the 

company’s activities, (3) changing the 

survey title, (4) revising the reporting 

form by reordering the asset and 

liability data items from most liquid to 

least liquid and asking for additional 

detail on assets and liabilities, and (5) 

adding two columns to create a clearer 

distinction among the broad balance 

sheet data items, detailed loan and lease 

data items, and off-balance-sheet 

securitization data items. 

Board of Governors of the Federal Reserve 

System, September 7, 2010. 

Jennifer J. Johnson, 

Secretary of the Board. 

[FR Doc. 2010–22659 Filed 9–10–10; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

SUMMARY: 

Background 

Notice is hereby given of the final 

approval of proposed information 

collections by the Board of Governors of 

the Federal Reserve System (Board) 

under OMB delegated authority, as per 

5 CFR 1320.16 (OMB Regulations on 

Controlling Paperwork Burdens on the 

Public). Board-approved collections of 

information are incorporated into the 

official OMB inventory of currently 

approved collections of information. 

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