Proposed Collection of Information: Government Securities Act of 1986
Federal Register, Volume 83 Issue 26 (Wednesday, February 7, 2018)
Federal Register Volume 83, Number 26 (Wednesday, February 7, 2018)
Notices
Pages 5511-5512
From the Federal Register Online via the Government Publishing Office www.gpo.gov
FR Doc No: 2018-02423
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DEPARTMENT OF THE TREASURY
Bureau of the Fiscal Service
Proposed Collection of Information: Government Securities Act of 1986
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, 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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995. Currently the Bureau of the Fiscal Service within the Department of the Treasury is soliciting comments concerning the extension of information collections under the regulations which were issued pursuant to the Government Securities Act of 1986, as amended.
DATES: Written comments should be received on or before April 9, 2018 to be assured of consideration.
ADDRESSES: Direct all written comments and requests for additional information to Bureau of the Fiscal Service, Bruce A. Sharp, 200 Third Street A4-A, Parkersburg, WV 26106-1328, or email protected.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies should be directed to Lori Santamorena, Government Securities Regulations Staff, Bureau of the Fiscal Service, (202) 504-3632, email protected.
SUPPLEMENTARY INFORMATION: Title: Government Securities Act of 1986, as amended, (15 U.S.C. 78o-5).
OMB Number: 1530-0064.
Page 5512
Abstract: The information collections are contained within the regulations issued pursuant to the Government Securities Act (GSA) of 1986, as amended, (15 U.S.C. 78o-5), which require government securities brokers and dealers to make and keep certain records concerning their business activities and their holdings of government securities, to submit financial reports, and to make certain disclosures to investors. The regulations also require depository institutions to keep certain records of non-fiduciary custodial holdings of government securities. The regulations and associated collections are fundamental to customer protection and dealer financial responsibility.
Current Actions: Revision of a currently approved collection.
Type of Review: Regular.
Affected Public: Private Sector (Government securities brokers and dealers and financial institutions).
Estimated Number of Respondents: 2,676.
Estimated Total Annual Burden Hours: 224,592.
Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: 1. Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; 2. the accuracy of the agency's estimate of the burden of the collection of information; 3. ways to enhance the quality, utility, and clarity of the information to be collected; 4. 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; and 5. estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information.
Dated: February 2, 2018.
Bruce A. Sharp,
Bureau Clearance Officer.
FR Doc. 2018-02423 Filed 2-6-18; 8:45 am
BILLING CODE 4810-AS-P
