62616 Federal Register / Vol. 79, No. 202 / Monday, October 20, 2014 / Notices 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Agency Information Collection 

Activities: Proposed Collection 

Renewals; Comment Request (3064– 

0022, 0027 & 0115) 

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 the renewal of existing 

information collections, as required by 

the Paperwork Reduction Act of 1995 

(44 U.S.C. chapter 35). Currently, the 

FDIC is soliciting comment on renewal 

of the information collections described 

below. 

DATES: Comments must be submitted on 

or before December 19, 2014. 

ADDRESSES: Interested parties are 

invited to submit written comments to 

the FDIC by any of the following 

methods: • http://www.FDIC.gov/regulations/

laws/federal/. • Email: comments@fdic.gov Include 

the name of the collection in the subject 

line of the message. • Mail: Gary A. Kuiper 

(202.898.3877), Counsel, Room NYA– 

5046, 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 7:00 a.m. and 5:00 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: Gary 

A. Kuiper, at the FDIC address above. 

SUPPLEMENTARY INFORMATION: 

Proposal To Renew the Following 

Currently-Approved Collections of 

Information 

1. Title: Securities of Insured 

Nonmember Banks. 

OMB Number: 3064–0022. 

Form Numbers: Form MSD–4 or Form 

MSD–5. 

Affected Public: State non-member 

banks and savings associations. Estimated Number of Respondents: 

75. 

Estimated Time per Response: 1 hour. 

Frequency of Response: On occasion. 

Total estimated annual burden: 75 

hours. 

General Description of Collection: An 

insured state nonmember bank that 

serves as a municipal securities dealer 

must file Form MSD–4 or Form MSD– 

5, as applicable, to permit an employee 

to become associated with, or to 

terminate the association with, the 

municipal securities dealer. The filing 

requirements are based on rules 

promulgated by the Municipal 

Securities Rulemaking Board. 

2. Title: Request for Deregistration for 

Registered Transfer Agents. OMB Number: 3064–0027. 

Form Number: FDIC Form 6342/12. 

Affected Public: Insured financial 

institutions. 

Estimated Number of Respondents: 5. 

Frequency of Response: On occasion. 

Estimated Annual Burden Hours per 

Response: .42 hours. 

Total estimated annual burden: 2.1 

hours. 

General Description of Collection: 

Under the Securities Exchange Act of 

1934 (15 U.S.C. 78q–1), an insured 

nonmember bank (or a subsidiary of 

such a bank) that functions as a transfer 

agent may withdraw from registration as 

a transfer agent by filing a written notice 

of withdrawal with the FDIC. The FDIC 

requires such banks to file FDIC Form 

6342/12. 

3. Title: Prompt Corrective Action. OMB Number: 3064–0115. 

Affected Public: Insured financial 

institutions. 

Estimated Burden Hours: 

Number of reports submitted: 50. 

Hours to prepare the report: 4. 

Total annual burden hours: 200 

hours. 

General Description of Collection: The 

Prompt Corrective Action (‘‘PCA’’) provisions 

of section 38 of the Federal Deposit Insurance 

Act require or permit the FDIC and other 

federal banking agencies to take certain 

supervisory actions when FDIC-insured 

institutions fall within one of five capital 

categories. They also restrict or prohibit 

certain activities and require the submission 

of a capital restoration plan when an insured 

institution becomes undercapitalized. 

Various provisions of the statute and the 

FDIC’s implementing regulations require the 

prior approval of the FDIC before an FDICsupervised institution can engage in certain 

activities, or allow the FDIC to make 

exceptions to restrictions that would 

otherwise be imposed. This collection of 

information consists of the applications that 

are required to obtain the FDIC’s prior 

approval. 

Request for Comment 

Comments are invited on: (a) Whether 

the collections of information are 

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 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; and (d) ways to minimize the 

burden of the information collections 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 15th day of 

October 2014. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Executive Secretary. 

[FR Doc. 2014–24839 Filed 10–17–14; 8:45 am] 

BILLING CODE 6714–01–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 10:00 a.m. on 

Tuesday, October 21, 2014, 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. 

Memorandum and resolution re: 

Proposed Rule to Revise 12 CFR part 

340, ‘‘Restrictions on Sales of Assets by 

the Federal Deposit Insurance 

Corporation’’. 

Memorandum and resolution re: Joint 

Notice of Proposed Rulemaking for the 

Purpose of Implementing the Escrow 

Requirements of the Homeowner Flood 

Insurance Affordability Act. 

Memorandum and resolution re: 

Notice of Proposed Rulemaking 

Regarding the Retention of Records of a 

Covered Financial Company and of the 

FDIC as Receiver pursuant to the DoddFrank Act. 

Memorandum and resolution re: 

Designated Reserve Ratio for 2015. 

Memorandum and resolution re: Final 

Rule regarding Part 390 Subpart U and 

Part 335—Securities of State 

Nonmember Banks and State Savings 

Associations. 


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