Proposed Collection of Information: Government Securities Act of 1986
| Published date | 15 April 2021 |
| Citation | 86 FR 19950 |
| Record Number | 2021-07703 |
| Section | Notices |
| Court | The Fiscal Service Bureau |
Federal Register, Volume 86 Issue 71 (Thursday, April 15, 2021)
[Federal Register Volume 86, Number 71 (Thursday, April 15, 2021)]
[Notices]
[Page 19950]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-07703]
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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 collection, 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 collection of information associated with the
Government Securities Act (GSA) of 1986, as amended (15 U.S.C. 78o-5).
DATES: Written comments should be received on or before June 14, 2021
to be assured of consideration.
ADDRESSES: Direct all written comments and requests for additional
information 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.
Abstract: The information collection is contained within the
regulations issued pursuant to the GSA, 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
information collection are fundamental to customer protection and
dealer financial responsibility.
Current Actions: Extension 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: 2,670.
Estimated Total Annual Burden Hours: 215,111.
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: April 12, 2021.
Bruce A. Sharp,
Bureau PRA Clearance Officer.
[FR Doc. 2021-07703 Filed 4-14-21; 8:45 am]
BILLING CODE 4810-AS-P
