Federal Register / Vol. 75, No. 186 / Monday, September 27, 2010 / Notices 59263 

V. What is the Next Step in the Process 

for this ICR? 

EPA will consider the comments 

received and amend the ICR as 

appropriate. The final ICR package will 

then be submitted to OMB for review 

and approval pursuant to 5 CFR 

1320.12. EPA will issue another Federal 

Register notice pursuant to 5 CFR 

1320.5(a)(1)(iv) to announce the 

submission of the ICR to OMB and the 

opportunity to submit additional 

comments to OMB. If you have any 

questions about this ICR or the approval 

process, please contact the technical 

person listed under FOR FURTHER

INFORMATION CONTACT. 

List of Subjects 

Environmental protection, Reporting 

and recordkeeping requirements. 

Dated: September 20, 2010. 

Stephen A. Owens, 

Assistant Administrator, Office of Chemical 

Safety and Pollution Prevention. 

[FR Doc. 2010–24133 Filed 9–24–10; 8:45 am] 

BILLING CODE 6560–50–S 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Agency Information Collection 

Activities: Proposed Collection 

Renewal; Comment Request 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice and request for comment. 

SUMMARY: The FDIC, 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 (44 U.S.C. 

chapter 35). Currently, the FDIC is 

soliciting comments concerning the 

collection of information titled: 

Interagency Guidance on Sound 

Incentive Compensation Practices. 

(3064–0175). 

DATES: Comments must be submitted on 

or before November 26, 2010. 

ADDRESSES: Interested parties are 

invited to submit written comments. All 

comments should refer to the name and 

number of the collection. Comments 

may be submitted by any of the 

following methods: 

• http://www.FDIC.gov/regulations/

laws/federal/notices.html. 

• E-mail: comments@fdic.gov. 

• Mail: Gary A. Kuiper 

(202.898.3877), Federal Deposit 

Insurance Corporation, 550 17th Street, 

NW., F–1086, Washington, DC 20429. 

• Hand Delivery: Comments may be 

hand-delivered to the guard station at 

the rear of the 550 17th Street Building 

(located on F Street), on business days 

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

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: Gary 

A. Kuiper (address above). 

SUPPLEMENTARY INFORMATION: The FDIC 

is proposing to renew, without change, 

the following information collection. 

Title: Interagency Guidance on Sound 

Incentive Compensation Practices. 

OMB Number: 3064–0175. 

Form Number: None. 

Frequency of Response: 

Implementation: Once. 

Maintenance: Annual. 

Affected Public: Insured state 

nonmember banks. 

Estimated Number of Responses: 

Implementation: 

Large Banks: 20. 

Small Banks: 4870. 

Maintenance: 

All Banks: 4890. 

Estimated Time per Response: 

Implementation: 

Large Banks: 480 hours. 

Small Banks: 80 hours. 

Maintenance: 

Large Banks: 40 hours. 

Small Banks: 40 hours. 

Total Annual Burden: 

Large Banks: 20 × 480 + 20 × 40 = 10,400 

hours. 

Small Banks: 4870 × 80 + 4870 × 40 = 

389,600 hours. 

Total: 594,800 hours (399,200 hours for 

implementing policies and 

procedures is a one-time burden). 

General Description of Collection: The 

Guidance would help ensure that 

incentive compensation policies at 

insured state non-member banks do not 

encourage excessive risk-taking and are 

consistent with the safety and 

soundness of the organization. Under 

the Guidance, banks would be required 

to: (i) Have policies and procedures that 

identify and describe the role(s) of the 

personnel and units authorized to be 

involved in incentive compensation 

arrangements, identify the source of 

significant risk-related inputs, establish 

appropriate controls governing these 

inputs to help ensure their integrity, and 

identify the individual(s) and unit(s) 

whose approval is necessary for the 

establishment or modification of 

incentive compensation arrangements; 

(ii) create and maintain sufficient 

documentation to permit an audit of the 

organization’s processes for incentive 

compensation arrangements; (iii) have 

any material exceptions or adjustments 

to the incentive compensation 

arrangements established for senior 

executives approved and documented 

by its board of directors; and (iv) have 

its board of directors receive and 

review, on an annual or more frequent 

basis, an assessment by management of 

the effectiveness of the design and 

operation of the organization’s incentive 

compensation system in providing risktaking incentives that are consistent 

with the organization’s safety and 

soundness. 

Request for Comment 

Comments are invited on: (a) Whether 

this 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 estimate 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. 

At the end of the comment period, the 

comments and recommendations 

received will be analyzed to determine 

the extent to which the collection 

should be modified prior to submission 

to OMB for review and approval. 

Comments submitted in response to this 

notice also will be summarized or 

included in the FDIC’s request to OMB 

for renewal of this collection. All 

comments will become a matter of 

public record. 

Dated at Washington, DC, this 22nd day of 

September, 2010. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2010–24151 Filed 9–24–10; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL RESERVE SYSTEM 

Agency Information Collection 

Activities: Announcement of Board 

Approval Under Delegated Authority 

and Submission to OMB 

SUMMARY: 


srobinson on DSKHWCL6B1PROD with NOTICES
59264 Federal Register / Vol. 75, No. 186 / Monday, September 27, 2010 / Notices 

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. 

Copies of the Paperwork Reduction Act 

(PRA) Submission, supporting 

statements and approved collection of 

information instrument(s) 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. 

FOR FURTHER INFORMATION CONTACT: 

Federal Reserve Board Clearance 

Officer—Michelle Shore—Division of 

Research and Statistics, Board of 

Governors of the Federal Reserve 

System, Washington, DC 20551 (202– 

452–3829). 

OMB Desk Officer—Shagufta 

Ahmed—Office of Information and 

Regulatory Affairs, Office of 

Management and Budget, New 

Executive Office Building, Room 10235, 

Washington, DC 20503. 

Final approval under OMB delegated 

authority of the extension for three 

years, without revision, of the following 

report: 

Report title: Recordkeeping and 

Disclosure Requirements Associated 

with Securities Transactions Pursuant to 

Regulation H. 

Agency form number: Reg H–3. 

OMB control number: 7100–0196. 

Frequency: On occasion. 

Reporters: State member banks. 

Estimated annual reporting hours: 

97,279 hours. 

Estimated average hours per response: 

State member banks (de novo): 

recordkeeping, 40 hours. State member 

banks with trust departments: 

recordkeeping, 2 hours; disclosure, 16 

hours. State member banks without trust 

departments: recordkeeping, 15 

minutes; disclosure, 5 hours. 

Number of respondents: 3 new state 

member banks (de novo), 224 state 

member banks with trust departments 

and state member trust companies, and 

621 state member banks without trust 

departments. 

General description of report: This 

information collection is mandatory 

pursuant the Federal Deposit Insurance 

Corporation Act (12 U.S.C. 325), which 

authorizes the Federal Reserve to 

require recordkeeping, disclosure and 

policy establishment requirements 

associated with Sections 208.34(c), (d), 

and (g) of Regulation H, and 15 U.S.C. 

78w. If the records maintained by state 

member banks come into the possession 

of the Federal Reserve, they are given 

confidential treatment (5 U.S.C. 

552(b)(4), (b)(6), and (b)(8)) under the 

Freedom of Information Act. 

Abstract: The Federal Reserve’s 

Regulation H requires state member 

banks to maintain records for three 

years following a securities transaction. 

These requirements are necessary to 

protect the customer, to avoid or settle 

customer disputes, and to protect the 

institution against potential liability 

arising under the anti-fraud and insider 

trading provisions of the Securities 

Exchange Act of 1934. 

Current Actions: On July 8, 2010, the 

Federal Reserve published a notice in 

the Federal Register (75 FR 39258) 

seeking public comment for 60 days on 

the extension, without revision, of the 

Recordkeeping and Disclosure 

Requirements Associated with 

Securities Transactions Pursuant to 

Regulation H. The comment period for 

this notice expired on September 7, 

2010. The Federal Reserve did not 

receive any comments. 

Dated: Board of Governors of the Federal 

Reserve System, September 21, 2010. 

Jennifer J. Johnson, 

Secretary of the Board.. 

[FR Doc. 2010–24060 Filed 9–24–10; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies 

The companies listed in this notice 

have applied to the Board for approval, 

pursuant to the Bank Holding Company 

Act of 1956 (12 U.S.C. 1841 et seq.) 

(BHC Act), Regulation Y (12 CFR Part 

225), and all other applicable statutes 

and regulations to become a bank 

holding company and/or to acquire the 

assets or the ownership of, control of, or 

the power to vote shares of a bank or 

bank holding company and all of the 

banks and nonbanking companies 

owned by the bank holding company, 

including the companies listed below. 

The applications listed below, as well 

as other related filings required by the 

Board, are available for immediate 

inspection at the Federal Reserve Bank 

indicated. The applications also will be 

available for inspection at the offices of 

the Board of Governors. Interested 

persons may express their views in 

writing on the standards enumerated in 

the BHC Act (12 U.S.C. 1842(c)). If the 

proposal also involves the acquisition of 

a nonbanking company, the review also 

includes whether the acquisition of the 

nonbanking company complies with the 

standards in section 4 of the BHC Act 

(12 U.S.C. 1843). Unless otherwise 

noted, nonbanking activities will be 

conducted throughout the United States. 

Additional information on all bank 

holding companies may be obtained 

from the National Information Center 

website at www.ffiec.gov/nic/. 

Unless otherwise noted, comments 

regarding each of these applications 

must be received at the Reserve Bank 

indicated or the offices of the Board of 

Governors not later than October 22, 

2010. 

A. Federal Reserve Bank of Boston 

(Richard Walker, Community Affairs 

Officer) P.O. Box 55882, Boston, 

Massachusetts 02106–2204: 

1. Rockville Financial, Rockville, 

Connecticut; to become a bank holding 

company by acquiring 100 percent of 

the voting shares of Rockville Bank, 

Rockville, Connecticut, in connection 

with the reorganization of Rockville 

Financial, MHC, Rockville, Connecticut, 

from mutual to stock form. 

Board of Governors of the Federal Reserve 

System, September 22, 2010. 

Margaret McCloskey Shanks, 

Associate Secretary of the Board. 

[FR Doc. 2010–24150 Filed 9–24–10; 8:45 am] 

BILLING CODE 6210–01–S 

DEPARTMENT OF HEALTH AND 

HUMAN SERVICES 

Secretary’s Advisory Committee on 

Human Research Protections 

AGENCY: Department of Health and 

Human Services, Office of the Secretary, 

Office of the Assistant Secretary for 

Health. 

ACTION: Notice. 

SUMMARY: Pursuant to Section 10(a) of 

the Federal Advisory Committee Act, 

U.S.C. Appendix 2, notice is hereby 

given that the Secretary’s Advisory 

Committee on Human Research 

Protections (SACHRP) will hold its 

twenty-fourth meeting. The meeting will 

be open to the public. Information about 

SACHRP and the meeting agenda will 

be posted on the SACHRP Web site at: 

http://www.hhs.gov/ohrp/sachrp/

index.html. 

DATES: The meeting will be held on 

Tuesday, October 19, 2010, from 8:30 

a.m. until 5:15 p.m. and Wednesday, 


srobinson on DSKHWCL6B1PROD with NOTICES