Federal Register / Vol. 75, No. 198 / Thursday, October 14, 2010 / Notices 63181 

Description of Affected Public: State 

and local governments excluding 

elementary and secondary public school 

districts. 

Number of Responses: 13,456. 

Reporting Hours: 44,719. 

Cost to Respondents: $1,045,000. 

Number of Forms: 1. 

Form Number: EEOC Form 164. 

Federal Cost: $187,500. 

Abstract: Section 709(c) of Title VII of 

the Civil Rights Act of 1964, as 

amended, 42 U.S.C. 2000e–8(c), requires 

employers to make and keep records 

relevant to a determination of whether 

unlawful employment practices have 

been or are being committed, to preserve 

such records, and to produce reports as 

the Commission prescribes by 

regulation or order. Accordingly, the 

EEOC issued regulations prescribing the 

reporting requirements for State and 

local governments. State and local 

governments with 100 or more 

employees have been required to submit 

EEO–4 reports since 1974 (biennially in 

odd-numbered years since 1993). The 

individual reports are confidential. 

EEO–4 data are used by the EEOC to 

investigate charges of discrimination 

against State and local governments and 

to provide information on the 

employment status of minorities and 

women. The data are shared with 

several other federal agencies. Pursuant 

to section 709(d) of Title VII of the Civil 

Rights Act of 1964, U.S.C. 2000e–8(d), 

as amended, EEO–4 data is shared with 

state and local Fair Employment 

Practices Agencies (FEPAs). Aggregated 

data are also used by researchers and 

the general public. 

Burden Statement: The estimated 

number of respondents included in the 

EEO–4 survey is 9,000 state and local 

governments. These 9,000 jurisdictions 

file about 13,456 reports due to the 

requirement for some to file separate 

reports by function. The form is 

estimated to impose 44,719 burden 

hours biennially. 

Dated: September 23, 2010. 

For the Commission. 

Jacqueline A. Berrien, 

Chair. 

[FR Doc. 2010–25887 Filed 10–13–10; 8:45 am] 

BILLING CODE 6570–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Sunshine Act Meeting 

Pursuant to the provisions of the 

‘‘Government in the Sunshine Act’’ (5 

U.S.C. 552b), notice is hereby given that 

the Federal Deposit Insurance 

Corporation’s Board of Directors will 

meet in open session at 10 a.m. on 

Tuesday, October 19, 2010, to consider 

the following matters: 

SUMMARY AGENDA: No substantive 

discussion of the following items is 

anticipated. These matters will be 

resolved with a single vote unless a 

member of the Board of Directors 

requests that an item be moved to the 

discussion agenda. 

Disposition of minutes of previous 

Board of Directors’ Meetings. 

Summary reports, status reports, reports 

of the Office of Inspector General, and 

reports of actions taken pursuant to 

authority delegated by the Board of 

Directors. 

DISCUSSION AGENDA: 

Memorandum and resolution re: 

Restoration Plan and Notice of 

Proposed Rulemaking on Assessment 

Rates, Dividends and the Designated 

Reserve Ratio. 

The meeting will be held in the Board 

Room on the sixth floor of the FDIC 

Building located at 550 17th Street, 

NW., Washington, DC. 

This Board meeting will be Webcast 

live via the Internet and subsequently 

made available on-demand 

approximately one week after the event. 

Visit http://www.vodium.com/goto/fdic/ 

boardmeetings.asp to view the event. If 

you need any technical assistance, 

please visit our Video Help page at: 

http://www.fdic.gov/video.html. 

The FDIC will provide attendees with 

auxiliary aids (e.g., sign language 

interpretation) required for this meeting. 

Those attendees needing such assistance 

should call (703) 562–6067 (Voice or 

TTY), to make necessary arrangements. 

Requests for further information 

concerning the meeting may be directed 

to Mr. Robert E. Feldman, Executive 

Secretary of the Corporation, at (202) 

898–7043. 

Dated: October 12, 2010. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2010–26090 Filed 10–12–10; 4:15 pm] 

BILLING CODE 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 Part 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 December 13, 2010. 

ADDRESSES: You may submit comments, 

identified by FR 2226, FR G–1, FR G– 

2, FR G–3, FR G–4, FR T–4, or FR U– 

1, by any of the following methods: 

• Agency Web site: http:// 

www.federalreserve.gov. Follow the 

instructions for submitting comments at 


jlentini on DSKJ8SOYB1PROD with NOTICES
63182 Federal Register / Vol. 75, No. 198 / Thursday, October 14, 2010 / Notices 

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 

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, without revision, of the 

following report: 

1. Report title: The Report of Net Debit 

Cap. 

Agency form number: FR 2226. 

OMB control number: 7100–0217. 

Frequency: Annual. 

Reporters: Depository institutions, 

Edge and agreement corporations, U.S. 

branches and agencies of foreign banks. 

Estimated annual reporting hours: 

1,298 hours. 

Estimated average hours per response: 

1.0 hour. 

Number of respondents: 1,298. 

General description of report: This 

information collection is mandatory (12 

U.S.C. 248(i), 248–1, and 464). The 

information submitted by respondents 

for the payments system risk reduction 

program is exempt from disclosure 

under exemption (b)(4) of the Freedom 

of Information Act (FOIA), which 

exempts from disclosure ‘‘trade secrets 

and commercial or financial information 

obtained from a person and privileged 

or confidential.’’ (5 U.S.C. 552 (b)(4)). In 

addition, information reported in 

connection with the second and third 

resolutions may be protected under 

Section (b)(8) of FOIA, to the extent that 

such information is based on the 

institution’s CAMELS rating, and thus is 

related to examination reports prepared 

by, on behalf of, or for the use of an 

agency responsible for the regulation or 

supervision of financial institutions (5 

U.S.C. 552(b)(8)). 

Abstract: Federal Reserve Banks 

collect these data annually to provide 

information that is essential for their 

administration of the Federal Reserve’s 

Payments System Risk (PSR) policy. The 

reporting panel includes all financially 

healthy depository institutions with 

access to the discount window. The 

Report of Net Debit Cap comprises three 

resolutions, which are filed by a 

depository institution’s board of 

directors depending on its needs. The 

first resolution is used to establish a de 

minimis net debit cap and the second 

resolution is used to establish a selfassessed net debit cap. The third 

resolution is used to establish 

simultaneously a self-assessed net debit 

cap and maximum daylight overdraft 

capacity. Copies of the model 

resolutions are located in Appendix B, 

of the PSR policy, that can be found at 

http://www.federalreserve.gov/ 

paymentsystems/psr_relpolicies.htm. 

2. Report title: Statement of Purpose 

for an Extension of Credit by a Creditor. 

Agency form number: FR T–4. 

OMB control number: 7100–0019. 

Frequency: On occasion. 

Reporters: Brokers and dealers. 

Estimated annual reporting hours: 

459 hours. 

Estimated average hours per response: 

10 minutes. 

Number of respondents: 135. 

General description of report: This 

information collection is mandatory and 

authorized by section 7 of the ’34 Act 

(15 U.S.C. 78g). In addition, the FR T– 

4 is required by Section 220.6 of 

Regulation T (12 CFR 220.6). The FR T– 

4 data are not submitted to the Federal 

Reserve System and, as such, no issue 

of confidentiality arises. 

Abstract: The Securities Exchange Act 

of 1934 authorizes the Federal Reserve 

to regulate securities credit extended by 

brokers and dealers, banks, and other 

lenders. The FR T–4 is a purpose 

statement for brokers and dealers. The 

purpose statement is a recordkeeping 

requirement for brokers and dealers to 

document the purpose of their loans 

secured by margin stock. Margin stock 

is defined as (1) stocks that are 

registered on a national securities 

exchange or any over-the-counter 

security designated for trading in the 

National Market System, (2) debt 

securities (bonds) that are convertible 

into margin stock, and (3) shares of most 

mutual funds. 

Proposal to approve under OMB 

delegated authority the extension for 

three years, with clarification, of the 

following reports: 

Report titles: Registration Statement 

for Persons Who Extend Credit Secured 

by Margin Stock (Other Than Banks, 

Brokers, or Dealers), Deregistration 

Statement for Persons Registered 

Pursuant to Regulation U, Statement of 

Purpose for an Extension of Credit 

Secured by Margin Stock by a Person 

Subject to Registration Under 

Regulation U; Annual Report, and 

Statement of Purpose for an Extension 

of Credit Secured by Margin Stock. 

Agency form numbers: FR G–1, FR G– 

2, FR G–3, FR G–4, and FR U–1. 

OMB control numbers: 7100–0011: FR 

G–1, FR G–2, and FR G–4; 7100–0018: 

FR G–3; and 7100–0115: FR U–1. 

Frequency: FR G–1, FR G–2, FR G–3, 

and FR U–1 on occasion; and FR G–4: 

annual. 

Reporters: Individuals and business. 

Annual reporting hours: 1,207 

reporting hours; 1,604 recordkeeping 

hours. 

Estimated average hours per response: 

FR G–1, 2.5 hours; FR G–2, 15 minutes; 

FR G–3, 10 minutes; FR G–4, 2.0 hours; 

and FR U–1, 10 minutes. 

Number of respondents: FR G–1, 25; 

FR G–2, 40; FR G–3, 284; FR G–4, 567; 

and FR U–1, 50. 

General description of report: These 

mandatory information collections are 

authorized by section 7 of the ’34 Act 

(15 U.S.C. 78g). In addition, the FR U– 

1 is required by Sections 221.3(c)(1)(i) 

and (2)(i) of Regulation U (12 C.F.R. 

221.3(c)(1)(i) and (2)(i)), and the FR G– 

1, G–2, G–3, and G–4 are required by 

Sections 221.3(b)(1), (2), and (3), and 


jlentini on DSKJ8SOYB1PROD with NOTICES
Federal Register / Vol. 75, No. 198 / Thursday, October 14, 2010 / Notices 63183 

(c)(1)(ii) and (2)(ii) of Regulation U (12 

C.F.R. 221.3(b)(1), (2), and (3), and 

(c)(1)(ii) and (2)(ii)). The information 

collected in the FR G–1 and the FR G– 

4 is given confidential treatment under 

the Freedom of Information Act (5 

U.S.C. 552 (b)(4) and (6)). 

Confidentiality determinations would 

have to be made on a case by case basis. 

The FR G–2 does not collect 

confidential information. The FR U–1 

and FR G–3 data are not submitted to 

the Federal Reserve System and, as 

such, no issue of confidentiality arises. 

Abstract: The Securities Exchange Act 

of 1934 authorizes the Federal Reserve 

to regulate securities credit extended by 

brokers and dealers, banks, and other 

lenders. The purpose statements, FR U– 

1 and FR G–3, are recordkeeping 

requirements for brokers and dealers, 

banks, and other lenders, respectively, 

to document the purpose of their loans 

secured by margin stock. Margin stock 

is defined as (1) stocks that are 

registered on a national securities 

exchange or any over-the-counter 

security designated for trading in the 

National Market System, (2) debt 

securities (bonds) that are convertible 

into margin stock, and (3) shares of most 

mutual funds. Lenders other than 

brokers and dealers and banks must 

register and deregister with the Federal 

Reserve using the FR G–1 and FR G–2, 

respectively, and they must file the FR 

G–4 annual report while registered. The 

Federal Reserve uses the data to identify 

lenders subject to Regulation U, to 

verify their compliance with the 

regulation, and to monitor margin 

credit. 

Current Actions: The Federal Reserve 

proposes minor clarifications to the FR 

G–1, FR G–3, and FR U–1 for 

consistency purposes. First, the 

definition of margin stock included in 

the instructions would be standardized. 

This would eliminate the confusion as 

to what securities could be defined as 

margin stock. Second, the lender’s 

attestation in Part III of the FR G–3 

would be modified to more closely 

parallel the FR U–1 attestation. 

Board of Governors of the Federal Reserve 

System, October 8, 2010. 

Jennifer J. Johnson, 

Secretary of the Board. 

[FR Doc. 2010–25867 Filed 10–13–10; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Change in Bank Control Notices; 

Acquisitions of Shares of a Bank or 

Bank Holding Company 

The notificants listed below have 

applied under the Change in Bank 

Control Act (12 U.S.C. 1817(j)) and 

§ 225.41 of the Board’s Regulation Y (12 

CFR 225.41) to acquire shares of a bank 

or bank holding company. The factors 

that are considered in acting on the 

notices are set forth in paragraph 7 of 

the Act (12 U.S.C. 1817(j)(7)). 

The notices are available for 

immediate inspection at the Federal 

Reserve Bank indicated. The notices 

also will be available for inspection at 

the offices of the Board of Governors. 

Interested persons may express their 

views in writing to the Reserve Bank 

indicated for that notice or to the offices 

of the Board of Governors. Comments 

must be received not later than October 

28, 2010. 

A. Federal Reserve Bank of Atlanta 

(Clifford Stanford, Vice President) 1000 

Peachtree Street, NE., Atlanta, Georgia 

30309: 

1. Stuart and Teresa Gibson, both of 

Canton, Georgia; to acquire control of 

First Cherokee Bancshares, Inc., and 

thereby indirectly acquire control of 

First Cherokee State Bank, both of 

Woodstock, Georgia. 

B. Federal Reserve Bank of 

Minneapolis (Jacqueline G. King, 

Community Affairs Officer) 90 

Hennepin Avenue, Minneapolis, 

Minnesota 55480–0291: 

1. Robert A. Engen and Beverly J. 

Engen, both of Tolna, North Dakota, 

individually and as part of a group 

acting in concert with Steven R. Engen, 

Bismarck, North Dakota; to retain and 

acquire control of Tolna Bancorp, Inc., 

and thereby indirectly retain and 

acquire control of The Farmers & 

Merchants State Bank of Tolna, both of 

Tolna, North Dakota. 

Board of Governors of the Federal Reserve 

System, October 8, 2010. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. 2010–25857 Filed 10–13–10; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Notice of Meeting of the Consumer 

Advisory Council 

The Consumer Advisory Council will 

meet on Thursday, October 21, 2010. 

The meeting, which will be open to 

public observation, will take place at the 

Federal Reserve Board’s offices in 

Washington, DC, in Dining Room E on 

the Terrace Level of the Martin 

Building. For security purposes, anyone 

planning to attend the meeting should 

register no later than Tuesday, October 

19, by completing the form found online 

at: https://www.federalreserve.gov/ 

secure/forms/cacregistration.cfm. 

Attendees must present photo 

identification to enter the building and 

should allow sufficient time for security 

processing. 

The meeting will begin at 9 a.m. and 

is expected to conclude at 12:15 p.m. 

The Martin Building is located on C 

Street, NW., between 20th and 21st 

Streets. 

The Council’s function is to advise 

the Board on the exercise of the Board’s 

responsibilities under various consumer 

financial services laws and on other 

matters on which the Board seeks its 

advice. Time permitting, the Council 

will discuss the following topics: 

• Proposed Rules Regarding Home 

Mortgage Transactions: Members will 

discuss the Board’s proposed rules to 

amend Regulation Z, which implements 

the Truth in Lending Act, to enhance 

consumer protection and improve 

disclosures for reverse mortgage 

transactions and other home mortgage 

loans. 

• Home Mortgage Disclosure Act 

(HMDA): In the context of the Board’s 

recent hearings on potential 

modifications to Regulation C, which 

implements HMDA, members will 

discuss the advantages and 

disadvantages of suggested changes to 

Regulation C, addressing the importance 

or utility of particular information in 

light of the purposes of HMDA and the 

burdens and possible privacy risks 

associated with collecting and reporting 

that information. 

• Community Reinvestment Act 

(CRA): Members will discuss key 

insights from the recent hearings on 

modernizing the regulations that 

implement the CRA, considering issues 

such as how to update the regulations 

to reflect changes in the financial 

services industry, changes in how 

banking services are delivered to 

consumers today, and current housing 

and community development needs. 

• Foreclosure issues: Members will 

discuss loss-mitigation efforts, including 

the Administration’s Making Home 

Affordable program, neighborhood 

stabilization initiatives and challenges, 

and other issues related to foreclosures. 

Reports by committees and other 

matters initiated by Council members 

also may be discussed. 

Persons wishing to submit views to 

the Council on any of the above topics 

may do so by sending written 


jlentini on DSKJ8SOYB1PROD with NOTICES