77488 Federal Register / Vol. 79, No. 247 / Wednesday, December 24, 2014 / Notices 

reporting requirement, Recordkeeping 

requirement and third party disclosure 

requirement. 

Obligation to Respond: Required to 

obtain or retain benefits. The statutory 

authority for this collection is contained 

in the Submarine Cable Landing License 

Act of 1921, 47 U.S.C. 34–39, Executive 

Order 10530, section 5(a), and the 

Communications Act of 1934, as 

amended, 47 U.S.C. 151, 152, 154(i)–(j), 

155, 303(r), 309, 403. 

Total Annual Burden: 421 hours. 

Total Annual Cost: $88,505. 

Privacy Act Impact Assessment: No 

impact(s). 

Nature and Extent of Confidentiality: 

In general, there is no need for 

confidentiality with this collection of 

information. 

Needs and Uses: The Federal 

Communications Commission 

(Commission) is requesting that the 

Office of Management and Budget 

(OMB) approve a revision of OMB 

Control No. 3060–0944. The purpose of 

this revision is to obtain OMB approval 

of rules adopted in the Commission’s 

Report and Order in IB Docket No. 12– 

299, FCC 14–48, adopted and released 

on August 22, 2014 (Report and Order). 

In the Report and Order, the 

Commission eliminated the effective 

competitive opportunities (ECO) test 

from sections 1.767(a)(8) and 1.768(g)(2) 

of the Commission’s rules, 47 CFR 

1.767(a)(8), 1.768(g)(2), which apply to 

cable landing license applications filed 

under the Submarine Cable Landing 

License Act of 1921, 47 U.S.C. 34–39, 

and section 1.767 of the Commission’s 

rules, 47 CFR 1.767, and to foreign 

carrier affiliation notifications filed 

under section 1.768 of the Commission’s 

rules, 47 CFR 1.768. The Commission is 

also making adjustments to the hour and 

cost burdens associated with other rules 

and requirements covered by this 

information collection. 

The information will be used by the 

Commission staff in carrying out its 

duties under the Submarine Cable 

Landing License Act of 1921, 47 U.S.C. 

34–39, Executive Order 10530, section 

5(a), and the Communications Act of 

1934, as amended. The information 

collections are necessary largely to 

determine whether and under what 

conditions the Commission should grant 

a license for proposed submarine cables 

landing in the United States, including 

applicants that are, or are affiliated 

with, foreign carriers in the destination 

market of the proposed submarine cable. 

Pursuant to Executive Order No. 10530, 

the Commission has been delegated the 

President’s authority under the Cable 

Landing License Act to grant cable 

landing licenses, provided that the 

Commission must obtain the approval of 

the State Department and seek advice 

from other government agencies as 

appropriate. If the collection is not 

conducted or is conducted less 

frequently, applicants will not obtain 

the authorizations necessary to provide 

telecommunications services and 

facilities, and the Commission will be 

unable to carry out its mandate under 

the Cable Landing License Act and 

Executive Order 10530. In addition, 

without the collection, the United States 

would jeopardize its ability to fulfill the 

U.S. obligations as negotiated under the 

World Trade Organization (WTO) Basic 

Telecom Agreement because certain of 

these information collection 

requirements are imperative to detecting 

and deterring anticompetitive conduct. 

They are also necessary to preserve the 

Executive Branch agencies’ and the 

Commission’s ability to review foreign 

investments for national security, law 

enforcement, foreign policy, and trade 

concerns. 

Federal Communications Commission. 

Marlene H. Dortch, 

Secretary, Office of the Secretary, Office of 

the Managing Director. 

[FR Doc. 2014–30077 Filed 12–23–14; 8:45 am] 

BILLING CODE 6712–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

FDIC Advisory Committee on 

Economic Inclusion (ComE-IN); Notice 

of Charter Renewal 

AGENCY: Federal Deposit Insurance 

Corporation (FDIC). 

ACTION: Notice of renewal of the FDIC 

Advisory Committee on Economic 

Inclusion. 

SUMMARY: Pursuant to the provisions of 

the Federal Advisory Committee Act 

(‘‘FACA’’), 5 U.S.C. App., and after 

consultation with the General Services 

Administration, the Chairman of the 

Federal Deposit Insurance Corporation 

has determined that renewal of the FDIC 

Advisory Committee on Economic 

Inclusion (‘‘the Committee’’) is in the 

public interest in connection with the 

performance of duties imposed upon the 

FDIC by law. The Committee has been 

a successful undertaking by the FDIC 

and has provided valuable feedback to 

the agency on important initiatives 

focused on expanding access to banking 

services for underserved populations. 

The Committee will continue to provide 

advice and recommendations on 

initiatives to expand access to banking 

services for underserved populations. 

The Committee will continue to review 

various issues that may include, but not 

be limited to, basic retail financial 

services such as low-cost, sustainable 

transaction accounts, savings accounts, 

small dollar lending, prepaid cards, 

money orders, remittances, and other 

services to promote asset accumulation 

and financial stability. The structure 

and responsibilities of the Committee 

are unchanged from when it was 

originally established in November 

2006. The Committee will continue to 

operate in accordance with the 

provisions of the Federal Advisory 

Committee Act. 

FOR FURTHER INFORMATION CONTACT: Mr. 

Robert E. Feldman, Committee 

Management Officer of the FDIC, at 

(202) 898–7043. 

Dated: December 18, 2014. 

Federal Deposit Insurance Corporation. 

Robert E. Feldman, 

Committee Management Officer. 

[FR Doc. 2014–30150 Filed 12–23–14; 8:45 am] 

BILLING CODE 6714–01–P 

FINANCIAL STABILITY OVERSIGHT 

COUNCIL 

[Docket No. FSOC–2014–0001] 

Notice Seeking Comment on Asset 

Management Products and Activities 

AGENCY: Financial Stability Oversight 

Council. 

ACTION: Notice. 

SUMMARY: Consistent with its 

responsibility to identify risks to the 

financial stability of the United States, 

the Financial Stability Oversight 

Council (Council) is issuing this notice 

seeking public comment on aspects of 

the asset management industry (Notice), 

in particular whether asset management 

products and activities may pose 

potential risks to the U.S. financial 

system in the areas of liquidity and 

redemptions, leverage, operational 

functions, and resolution, or in other 

areas. The Council is inviting public 

comment as part of its ongoing 

evaluation of industry-wide products 

and activities associated with the asset 

management industry. 

DATES: Comments must be received no 

later than February 23, 2015. 

ADDRESSES: Interested persons are 

invited to submit comments on all 

aspects of this Notice. All submissions 

must refer to docket number FSOC– 

2014–0001. 

Electronic Submission of Comments: 

Interested persons may submit 

comments electronically through the 

Federal eRulemaking Portal at http:// 

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