97-5742. Proposed Collection; Comment Request

[Federal Register Volume 62, Number 45 (Friday, March 7, 1997)]
[Notices]
[Page 10624]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-5742]



[[Page 10624]]

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DEPARTMENT OF THE TREASURY

Proposed Collection; Comment Request

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

ACTION: Notice and request for comments.

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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 proposed and/or 
continuing information collections, as required by the Paperwork 
Reduction Act of 1995. Currently, the OCC is soliciting comments 
concerning an information collection titled Investment Securities (12 
CFR part 1).

DATES: Written comments should be submitted by May 6, 1997.

ADDRESSES: Direct all written comments to the Communications Division, 
Attention: 1557-0205, 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 John Ference or 
Jessie Gates, [phone], Legislative and Regulatory Activities 
Division (1557-0106), Office of the Comptroller of the Currency, 250 E 
Street, SW., Washington, DC 20219.

SUPPLEMENTARY INFORMATION:

    Title: (MA)--Investment Securities (12 CFR 1).
    OMB Number: 1557-0205.
    Form Number: None.
    Abstract: National banks need these information collections to 
ensure that they invest in entities that are exempt from registration 
as an investment company. They also use these information collections 
to ensure that banks do not hold securities for time periods that would 
be unsafe and unsound. The OCC uses this information to ensure 
compliance with Federal laws and regulations.
    Type of Review: Renewal of OMB approval.
    Affected Public: Businesses or other for-profit.
    Number of Respondents: 25.
    Total Annual Responses: 25.
    Frequency of Response: Occasional.
    Total Annual Burden Hours: 460.

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:
    (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; and
    (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.
    (e) Estimates of capital of startup costs and costs of operations, 
maintenance, and purchase of services to provide information.

    Dated: March 3, 1997.
Karen Solomon,
Director, Legislative & Regulatory Activities Division.
[FR Doc. 97-5742 Filed 3-6-97; 8:45 am]
BILLING CODE 4810-33-P