Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices 49207 

approve of and assign OMB control 

numbers to collection of information 

requests and requirements conducted or 

sponsored by the Board. Boardapproved 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 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—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, Washington, DC, 20551 (202) 

452–3829. Telecommunications Device 

for the Deaf (TDD) users may contact 

(202) 263–4869, Board of Governors of 

the Federal Reserve System, 

Washington, DC 20551. 

OMB Desk Officer—Shagufta 

Ahmed—Office of Information and 

Regulatory Affairs, 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. 

Final approval under OMB delegated 

authority of the implementation of the 

following report: 

Report title: Survey of Household 

Economics and Decisionmaking. 

Agency form number: FR 3077. 

OMB control number: 7100–NEW. 

Frequency: Quantitative Survey, 

annually; Qualitative Survey, 

occasionally. 

Respondents: Consumers. 

Estimated number of respondents: 

Quantitative Survey, 17,000 

respondents; Qualitative Survey, 30 

respondents. 

Estimated average hours per response: 

Quantitative Survey, 0.47 hours; 

Qualitative Survey, 2 hours. 

Estimated annual burden hours: 

Quantitative Survey, 7,990 hours; 

Qualitative Survey, 180 hours. 

General description of report: The 

information collected could be used for 

the Board’s Report on the Economic 

Well-Being of U.S. Households, for 

Board studies or working papers, 

professional journals, the Federal 

Reserve Bulletin, testimony and reports 

to the Congress, or other vehicles. Such 

event-driven consumer data collections 

could also be used to inform Board 

policy, regulatory, supervisory and 

operational decisions. 

The Board anticipates that the SHED 

would include such topics as 

individuals’ overall financial wellbeing, employment experiences, income 

and savings behaviors, economic 

preparedness, access to banking and 

credit, housing and living arrangement 

decisions, education and human capital, 

student loans, and retirement planning. 

The overall content of the SHED 

instrument would depend on changing 

economic, regulatory, or legislative 

developments as well as changes in the 

financial services industry. 

Legal authorization and 

confidentiality: The Board’s Legal 

Division has determined that Section 2A 

of the Federal Reserve Act (FRA) 

requires that the Federal Reserve Board 

and the Federal Open Market 

Committee maintain long run growth of 

the monetary and credit aggregates 

commensurate with the economy’s long 

run potential to increase production, so 

as to promote effectively the goals of 

maximum employment, stable prices, 

and moderate long-term interest rates 

(12 U.S.C. 225a). Under section 12A of 

the FRA, the Federal Open Market 

Committee is required to implement 

regulations relating to the open market 

operations conducted by Federal 

Reserve Banks with a view to 

accommodating commerce and business 

and with regard to their bearing upon 

the general credit situation of the 

country (12 U.S.C. 263). Because the 

Board and the Federal Open Market 

Committee use the information obtained 

on the FR 3077 to fulfill these 

obligations, these statutory provisions 

provide the legal authorization for the 

collection of information on the FR 

3077. The FR 3077 is a voluntary 

survey. 

The ability of the Board to maintain 

the confidentiality of information 

provided by respondents to the FR 3077 

will have to be determined on a case-bycase basis depending on the type of 

information provided for a particular 

survey. To the extent that a respondent’s 

answers reveal information ‘‘the 

disclosure of which would constitute a 

clearly unwarranted invasion of 

personal privacy,’’ such information 

would likely be exempt from disclosure 

under exemption 6 of the Freedom of 

Information Act, 5 U.S.C. 552(b)(6). 

Current actions: On August 9, 2017, 

the Board published an initial notice in 

the Federal Register (82 FR 37227) 

requesting public comment for 60 days 

on the implementation of the FR 3077. 

The comment period for this notice 

expired on October 10, 2017. The Board 

did not receive any comments. The 

survey will be implemented as 

proposed. 

Board of Governors of the Federal Reserve 

System, October 19, 2017. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2017–22996 Filed 10–23–17; 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 

AGENCY: Board of Governors of the 

Federal Reserve System. 

SUMMARY: The Board of Governors of the 

Federal Reserve System (Board) is 

adopting a proposal to extend for three 

years, without revision, the Government 

Securities Dealers Reports (FR 2004; 

OMB No. 7100–0003) and a proposal to 

extend for three years, with revision, the 

voluntary Weekly Report of Selected 

Assets and Liabilities of Domestically 

Chartered Commercial Banks and U.S. 

Branches and Agencies of Foreign Banks 

(FR 2644; OMB No. 7100–0075). The FR 

2644 revisions are effective as of January 

3, 2018. 

On June 15, 1984, the Office of 

Management and Budget (OMB) 

delegated to the Board authority under 

the Paperwork Reduction Act (PRA) to 

approve of and assign OMB control 

numbers to collection of information 

requests and requirements conducted or 

sponsored by the Board. Boardapproved 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 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—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, Washington, DC, 20551 (202) 

452–3829. Telecommunications Device 

for the Deaf (TDD) users may contact 

(202) 263–4869, Board of Governors of 

the Federal Reserve System, 

Washington, DC 20551. 

OMB Desk Officer—Shagufta 

Ahmed—Office of Information and 


asabaliauskas on DSKBBXCHB2PROD with NOTICES
49208 Federal Register / Vol. 82, No. 204 / Tuesday, October 24, 2017 / Notices 

Regulatory Affairs, 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. 

Final approval under OMB delegated 

authority of the extension for three 

years, without revision, of the following 

report: 

Report title: The Government 

Securities Dealers Reports: Weekly 

Report of Dealer Positions (FR 2004A), 

Weekly Report of Cumulative Dealer 

Transactions (FR 2004B), Weekly Report 

of Dealer Financing and Fails (FR 

2004C), Weekly Report of Specific 

Issues (FR 2004SI), Daily Report of 

Specific Issues (FR 2004SD), 

Supplement to the Daily Report of 

Specific Issues (FR 2004SD ad hoc), 

Daily Report of Dealer Activity in 

Treasury Financing (FR 2004WI), 

Settlement Cycle Report of Dealer Fails 

and Transaction Volumes: Class A (FR 

2004FA), Settlement Cycle Report of 

Dealer Fails and Transaction Volumes: 

Class B (FR 2004FB), Settlement Cycle 

Report of Dealer Fails and Transaction 

Volumes: Class C (FR 2004FC), and 

Settlement Cycle Report of Dealer Fails 

and Transaction Volumes (FR 2004FM). 

Agency form number: FR 2004. 

OMB control number: 7100–0003. 

Frequency: Weekly, daily, monthly. 

Respondents: Dealers in the U.S. 

government securities market. 

Estimated number of respondents: 23. 

Estimated average hours per response: 

FR 2004A, 3.0 hours; FR 2004B, 3.7 

hours; FR 2004C, 3.1 hours; FR 2004SI, 

2.2 hours; FR 2004SD, 2.2 hours; FR 

2004SD ad hoc, 2.0 hours; FR 2004WI, 

1.0 hour; FR 2004FA, 1.0 hour; FR 

2004FB, 1.0 hour; FR 2004FC, 1.0 hour; 

FR 2004FM, 1.5 hours. 

Estimated annual burden hours: FR 

2004A, 3,588 hours; FR 2004B, 4,425 

hours; FR 2004C, 3,708 hours; FR 

2004SI, 2,631 hours; FR 2004SD, 1,265 

hours; FR 2004SD ad hoc, 1,196 hours; 

FR 2004WI, 3,680 hours; FR 2004FA, 

276 hours; FR 2004FB, 276 hours; FR 

2004FC, 276 hours; FR 2004FM, 414 

hours. 

General description of report: The 

Federal Reserve Bank of New York, on 

behalf of the Federal Reserve System, 

collects data from primary dealers in the 

U.S. government securities market. 

Filing of these data is required to obtain 

the benefit of primary dealer status. The 

Federal Reserve uses these data to (1) 

monitor the condition of the U.S. 

government securities market in its 

Treasury market surveillance and 

analysis of the market and to (2) assist 

and support the U.S. Department of the 

Treasury in its role as fiscal agent for 

Treasury financing operations. In 

addition, these data are helpful in the 

analysis of broad financial conditions 

and a range of financial stability issues. 

Legal authorization and 

confidentiality: This information 

collection is authorized by sections 2A, 

12A(c), 14, and 15 of the Federal 

Reserve Act (12 U.S.C. 225a, 263c, 353– 

359, and 391) and is required to obtain 

or retain the benefit of dealer status. 

Individual respondent data are regarded 

as confidential under the Freedom of 

Information Act (5 U.S.C. 552(b)(4) and 

(b)(8)). 

Current actions: On July 6, 2017, the 

Board published a notice in the Federal 

Register (82 FR 31327) requesting 

public comment for 60 days on the 

extension, without revision, of the FR 

2004. The comment period for this 

notice expired on September 5, 2017. 

The Board did not receive any 

comments. The information collection 

will be extended as proposed. 

Final approval under OMB delegated 

authority of the extension for three 

years, with revision, of the following 

report: 

Report title: Weekly Report of 

Selected Assets and Liabilities of 

Domestically Chartered Commercial 

Banks and U.S. Branches and Agencies 

of Foreign Banks. 

Agency form number: FR 2644. 

OMB control number: 7100–0075. 

Effective Date: January 3, 2018. 

Frequency: Weekly. 

Respondents: Domestically chartered 

commercial banks and U.S. branches 

and agencies of foreign banks. 

Estimated number of respondents: 

875. 

Estimated average hours per response: 

2.35 hours. 

Estimated annual burden hours: 

106,925 hours. 

General description of report: The FR 

2644 is a balance sheet report that is 

collected as of each Wednesday from an 

authorized stratified sample of 875 

domestically chartered commercial 

banks and U.S. branches and agencies of 

foreign banks. The FR 2644 is the only 

source of high-frequency data used in 

the analysis of current banking 

developments. The FR 2644 collects 

sample data that are used to estimate 

universe levels using data from the 

quarterly commercial bank Consolidated 

Reports of Condition and Income (FFIEC 

031, FFIEC 041, and FFIEC 051; OMB 

No. 7100–0036) and the Report of Assets 

and Liabilities of U.S. Branches and 

Agencies of Foreign Banks (FFIEC 002; 

OMB No. 7100–0032) (Call Reports). 

Data from the FR 2644, together with 

data from other sources, are used to 

construct weekly estimates of bank 

credit, balance sheet data for the U.S. 

banking industry, sources and uses of 

banks’ funds, and to analyze current 

banking and monetary developments. 

The Board publishes the data in 

aggregate form in the weekly H.8 

statistical release, Assets and Liabilities 

of Commercial Banks in the United 

States, which is followed closely by 

other government agencies, the banking 

industry, the financial press, and other 

users. The H.8 release provides a 

balance sheet for the banking industry 

as a whole and data disaggregated by its 

large domestic, small domestic, and 

foreign-related bank components. 

Legal authorization and 

confidentiality: The FR 2644 is 

authorized by section 2A and 11(a)(2) of 

the Federal Reserve Act (12 U.S.C. 

225(a) and 248(a)(2)) and by section 

7(c)(2) of the International Banking Act 

(12 U.S.C. 3105(c)(2)) and is voluntary. 

Individual respondent data are regarded 

as confidential under the Freedom of 

Information Act (5 U.S.C. 552(b)(4)). 

Current actions: On July 6, 2017, the 

Board published a notice in the Federal 

Register (82 FR 31327) requesting 

public comment for 60 days on the 

extension, with revision, of the FR 2466. 

The Board proposed several revisions to 

simplify and reduce the overall 

reporting burden associated with the FR 

2644 report. The proposed FR 2644 

reporting form would consist of 29 

balance-sheet items and 2 memoranda 

items, an overall reduction of six data 

items. The comment period for this 

notice expired on September 5, 2017. 

The Board did not receive any 

comments. The revisions will be 

implemented as proposed. 

Board of Governors of the Federal Reserve 

System, October 19, 2017. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2017–23003 Filed 10–23–17; 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. 


asabaliauskas on DSKBBXCHB2PROD with NOTICES