Agency Information Collection Activities: Submission for OMB Review; Comment Request
| Published date | 17 February 2021 |
| Citation | 86 FR 9934 |
| Record Number | 2021-03110 |
| Section | Notices |
| Court | Federal Deposit Insurance Corporation |
9934
Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices
Dated: February 4, 2021.
Marietta Echeverria,
Acting Director, Registration Division, Office
of Pesticide Programs.
[FR Doc. 2021–03176 Filed 2–16–21; 8:45 am]
BILLING CODE 6560–50–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
[MB No. 3064–NEW]
Agency Information Collection
Activities: Submission for OMB
Review; Comment Request
AGENCY
: Federal Deposit Insurance
Corporation (FDIC).
ACTION
: Agency information collection
activities: Submission for OMB review;
comment request.
SUMMARY
: The FDIC, as part of its
obligations under the Paperwork
Reduction Act of 1995, invites the
general public and other Federal
agencies to take this opportunity to
comment on the request to approve a
new information collections for its
seventh biennial survey of households,
which has been renamed the Survey of
Household Use of Banking and
Financial Services (‘‘Household
Survey’’). This survey was previously
named the FDIC National Survey of
Unbanked and Underbanked
Households and was assigned OMB
Control No. 3064–0167. FDIC is seeking
a new OMB Control Number for this
version of the survey. The Household
Survey is scheduled to be conducted in
partnership with the U.S. Census
Bureau as a supplement to its June 2021
Current Population Survey (CPS). The
survey collects information on U.S.
households’ use of bank accounts and
other transaction accounts including
prepaid cards, online payment services,
nonbank financial transaction services,
and bank and nonbank credit. The
results of these ongoing surveys will be
published in the FDIC’s How America
Banks reports which help inform
policymakers, bankers, and researchers
about how households use, or don’t use,
the banking system. On December 2,
2020, the FDIC requested comment for
60 days on the proposed information
collection. No comments were received.
The FDIC hereby gives notice of its plan
to submit to OMB a request to approve
this information collection, and again
invites comment on the information
collection.
DATES
: Comments must be submitted on
or before March 19, 2021.
ADDRESSES
: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
•https://www.FDIC.gov/regulations/
laws/federal.
•Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
•Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
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.
Written comments and
recommendations for the proposed
information collection should be sent
within 30 days of publication of this
notice to www.reginfo.gov/public/do/
PRAMain. Find this particular
information collection by selecting
‘‘Currently under 30-day Review—Open
for Public Comments’’ or by using the
search function.
FOR FURTHER INFORMATION CONTACT
:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION
:
Proposal to renew the following
currently approved collection of
information:
Title: Survey of Household Use of
Banking and Financial Services.
OMB Number: 3064–NEW.
Frequency of Response: Once.
Affected Public: Individuals residing
in U.S. Households.
Estimated Number of Respondents:
40,000.
Average time per response: 9 minutes
per respondent.
Estimated Total Annual Burden:
6,000 hours.
General Description of Collection
The Survey of Household Use of
Banking and Financial Services
(‘‘Household Survey’’) supports the
FDIC’s mission of maintaining public
confidence in the U.S. financial system.
The Household Survey is also a key
component of the FDIC’s efforts to
comply with a Congressional mandate
contained in section 7 of the Federal
Deposit Insurance Reform Conforming
Amendments Act of 2005 (‘‘Reform
Act’’) (Pub. L. 109–173), which calls for
the FDIC to conduct ongoing surveys
‘‘on efforts by insured depository
institutions to bring those individuals
and families who have rarely, if ever,
held a checking account, a savings
account or other type of transaction or
check cashing account at an insured
depository institution (hereafter in this
section referred to as the ‘unbanked’)
into the conventional finance system.’’
Section 7 further instructs the FDIC to
consider several factors in its conduct of
the surveys, including: (1) ‘‘What
cultural, language and identification
issues as well as transaction costs
appear to most prevent ‘unbanked’
individuals from establishing
conventional accounts’’; and (2) ‘‘what
is a fair estimate of the size and worth
of the ‘‘unbanked’’ market in the United
States.’’
The Household Survey collects
information on bank account ownership
which provides a factual basis for
measuring the number and percentage
of households that are unbanked.
The Household Survey is the only
population-representative survey
conducted at the national level that
provides state-level estimates of the size
and characteristics of unbanked
households for all 50 states and the
District of Columbia. The Household
Survey also collects information from
unbanked households about the reasons
that they do not have a bank account
and their interest in having a bank
account.
Increasingly, financial products and
services are provided by nonbanks,
many through the use of a mobile phone
app. Households are selecting different
combinations of bank and nonbank
financial products and services to meet
their core banking needs. Consequently,
the Household Survey has broadened its
focus to include a wide range of bank
and nonbank financial products and
services and to collect information on
whether and how households are using
these in combination.
To obtain this information, the FDIC
partners with the U.S. Census Bureau,
which administers the Household
Survey supplement (‘‘FDIC
Supplement’) to households that
participate in the CPS. The FDIC
supplement has been administered
every other year since January 2009. The
previous survey questionnaires and
survey results can be accessed through
the following link: http://
www.economicinclusion.gov/surveys/.
Interested members of the public may
obtain a copy of the proposed survey
questionnaire on the following web
page: https://www.fdic.gov/regulations/
laws/federal/2021/2021-survey-of-
household-use-of-banking-and-
financial-services.pdf.
Consistent with the statutory mandate
to conduct the surveys on an ongoing
basis, the FDIC already has in place
arrangements for conducting the
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9935
Federal Register / Vol. 86, No. 30 / Wednesday, February 17, 2021 / Notices
1
85 FR 77462 (December 2, 2020).
seventh Household Survey as a
supplement to the June 2021 CPS. On
December 2, 2020, the FDIC requested
comment for 60 days on this proposed
information collection to conduct the
Household Survey.
1
The FDIC received
no comments.
Request for Comment
Comments are again invited on: (a)
Whether the 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 estimates 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 collection of information
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.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on February 10,
2021.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2021–03110 Filed 2–16–21; 8:45 am]
BILLING CODE 6714–01–P
FEDERAL DEPOSIT INSURANCE
CORPORATION
[OMB No. 3064–0022; –0027; –0103; –0114;
–0115; –0163; –0208]
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
obligations under the Paperwork
Reduction Act of 1995 (PRA), invites the
general public and other Federal
agencies to take this opportunity to
comment on the renewal of the existing
information collections described below
(OMB Control No. 3064–0022; –0027;
–0103; –0114; –0115; –0163).
DATES
: Comments must be submitted on
or before April 19, 2021.
ADDRESSES
: Interested parties are
invited to submit written comments to
the FDIC by any of the following
methods:
•Agency Website: https://
www.FDIC.gov/regulations/laws/federal.
•Email: comments@fdic.gov. Include
the name and number of the collection
in the subject line of the message.
•Mail: Manny Cabeza (202–898–
3767), Regulatory Counsel, MB–3128,
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
:
Manny Cabeza, Regulatory Counsel,
202–898–3767, mcabeza@fdic.gov, MB–
3128, Federal Deposit Insurance
Corporation, 550 17th Street NW,
Washington, DC 20429.
SUPPLEMENTARY INFORMATION
:
Proposal to renew the following
currently approved collections of
information:
1. Title: Uniform Application/
Uniform Termination for Municipal
Securities Principal or Representative.
OMB Number: 3064–0022.
Form Number: 6200/54; 6200/55.
Affected Public: Individuals and
Insured state nonmember banks and
state savings associations.
Burden Estimate:
S
UMMARY OF
A
NNUAL
B
URDEN
Information collection description Type of burden Obligation
to respond
Estimated
number of
respondents
Estimated
frequency
of responses
Estimated
time per
response
(minutes)
Estimated
annual
burden
(hours)
Uniform Application for Municipal Securities
Principal or Representative (MSD 4). Reporting ................... Mandatory 2 On Occasion 60 2
Uniform Termination Notice for Securities
Principal or Representative (MSD 5). Reporting ................... Mandatory 2 On Occasion 15 0.5
Total Estimated Annual Burden: 2.5
hours.
General Description of Collection: The
1975 Amendments to the Securities
Exchange Act of 1934 established a
comprehensive framework for the
regulation of the activities of municipal
securities dealers. Under Section 15B(a)
of the Securities Exchange Act,
municipal securities dealers which are
banks, or separately identifiable
departments or divisions of banks
engaging in municipal securities
activities, are required to be registered
with the Securities and Exchange
Commission in accordance with such
rules as the Municipal Securities
Rulemaking Board (MSRB), a
rulemaking authority established by the
1975 Amendments, may prescribe as
necessary or appropriate in the public
interest or for the protection of
investors. One of the areas in which the
Act directed the MSRB to promulgate
rules is the qualifications of persons
associated with municipal securities
dealers as municipal securities
principals and municipal securities
representatives. The MSRB Rules
require persons who are or seek to be
associated with municipal securities
dealers as municipal securities
principals or municipal securities
representatives to provide certain
background information and conversely,
require the municipal securities dealers
to obtain the information from such
persons. Generally, the information
required to be furnished relates to
employment history and professional
background including any disciplinary
sanctions and any claimed bases for
exemption from MSRB examination
requirements. The FDIC and the other
two Federal bank regulatory agencies,
the Comptroller of the Currency, and the
Federal Reserve Board, have prescribed
Forms MSD–4 to satisfy these
requirements and have prescribed Form
MSD–5 for notification by a bank
municipal securities dealer that a
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