98-2287. Proposed Information Collection; Comment Request

[Federal Register Volume 63, Number 20 (Friday, January 30, 1998)]
[Notices]
[Page 4692]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-2287]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Proposed Information Collection; Comment Request

AGENCY: Office of the Comptroller of the Currency (OCC), Treasury.

ACTION: Notice and request for comment.

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SUMMARY: The OCC, 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 a continuing 
information collection, as required by the Paperwork Reduction Act of 
1995. Currently, the OCC is soliciting comment concerning its proposed 
renewal without change of an information collection titled Uniform Form 
For Registration and Amendment to Registration as a Transfer Agent--
Form TA-1.

DATES: Written comments should be submitted by March 31, 1998.

ADDRESSES: Direct all written comments to the Communications Division, 
Attention: 1557-0124, Third Floor, Office of the Comptroller of the 
Currency, 250 E Street, SW, Washington, DC 20219. In addition, comments 
may be sent by facsimile transmission to [phone], or by 
electronic mail to [email protected]

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the collection may be obtained by contacting Jessie Gates, 
[phone], Legislative and Regulatory Activities Division (1557-
0124), Office of the Comptroller of the Currency, 250 E Street, SW, 
Washington, DC 20219.

SUPPLEMENTARY INFORMATION:
    Title: Uniform Form for Registration and Amendment to Registration 
as a Transfer Agent--Form TA-1.
    OMB Number: 1557-0124.
    Form Number: TA-1.
    Abstract: The OCC is requesting comment on its proposed renewal 
without change of the information collection titled Uniform Form for 
Registration and Amendment to Registration as a Transfer Agent--Form 
TA-1. Section 17A(c) of the Securities Exchange Act of 1934 (Act), as 
amended by the Securities Act Amendments of 1975, provides that all 
those authorized to transfer securities registered under Section 12 of 
the Act (transfer agents) shall register by filing with the appropriate 
regulatory agency an application for registration in such form and 
containing such information and documents as such appropriate 
regulatory agency may prescribe to be necessary or appropriate in 
furtherance of the purposes of this section. Form TA-1 was developed by 
the OCC, Federal Deposit Insurance Corporation, and the Board of 
Governors of the Federal Reserve to satisfy this statutory requirement. 
National bank transfer agents use Form TA-1 to register or amend 
registration as transfer agents. The OCC uses the information to 
determine whether to allow, deny, accelerate, or postpone an 
application. An amendment to Form TA-1 must be filed with the OCC 
within sixty calendar days following the date on which any information 
reported on Form TA-1 becomes inaccurate, misleading or incomplete. The 
OCC also uses the data to more effectively schedule and plan transfer 
agent examinations. Amendments to Form TA-1 are used by the OCC to 
schedule and plan examinations. The Securities and Exchange Commission 
maintains complete files on the registration data of all transfer 
agents registered pursuant to the Act. It utilizes the data to identify 
transfer agents and to facilitate development of rules and standards 
applicable to all registered transfer agents.
    Type of Review: Renewal of OMB approval.
    Affected Public: Businesses or other for-profit.
    Number of Respondents: 105.
    Total Annual Responses: 105.
    Frequency of Response: Occasional.
    Total Annual Burden: 46 burden hours.

Comments

    Comments submitted in response to this notice will be summarized 
and included in the request for OMB approval. All comments will become 
a matter of public record. Comments are invited on:
    (a) Whether the collection of information is necessary for the 
proper performance of the functions of the agency, including whether 
the information has practical utility;
    (b) The accuracy of the agency's estimate of the burden of the 
collection of information;
    (c) Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    (d) Ways to minimize the burden of the collection on respondents, 
including through the use of automated collection techniques or other 
forms of information technology; and
    (e) Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.

    Dated: January 23, 1998.
Karen Solomon,
Director, Legislative and Regulatory Activities Division.
[FR Doc. 98-2287 Filed 1-29-98; 8:45 am]
BILLING CODE 4810-33-P