98-24014. Information Collection; Submission for OMB Review; Comment Request

[Federal Register Volume 63, Number 173 (Tuesday, September 8, 1998)]
[Notices]
[Pages 47547-47548]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-24014]


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DEPARTMENT OF THE TREASURY

Office of the Comptroller of the Currency


Information Collection; Submission for OMB Review; Comment 
Request

AGENCY: Office of the Comptroller of the Currency, Treasury.

ACTION: Submission for OMB review; Comment request.

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SUMMARY: In accordance with the requirements of the Paperwork Reduction 
Act of 1995 (44 U.S.C. Chapter 35), the Office of the Comptroller of 
the Currency (OCC) hereby gives notice that it has sent to the Office 
of Management and Budget (OMB) for review an information collection 
titled Uniform Form for Registration and Amendment to Registration as a 
Transfer Agent--Form TA-1.

DATES: Comments regarding this information collection are welcome and 
should be submitted to the OMB Reviewer and the OCC. Comments are due 
on or before October 8, 1998.

ADDRESSES: A copy of the submission may be obtained by calling the OCC 
Contact listed. 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]

SUPPLEMENTARY INFORMATION:
    OMB Number: 1557-0124.
    Form Number: TA-1.
    Type of Review: Reinstatement, with change, of a previously 
approved collection.
    Title: Uniform Form for Registration and Amendment to Registration 
as a Transfer Agent--Form TA-1.
    Description: This notice covers a renewal with change of a 
currently approved 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

[[Page 47548]]

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.
    Respondents: Businesses or other for-profit; individuals.
    Number of Respondents: 50.
    Total Annual Responses: 50.
    Frequency of Response: On occasion.
    Estimated Total Annual Burden: 25 hours.
    OCC Contact: Jessie Gates or Camille Dixon, [phone], 
Legislative and Regulatory Activities Division, Office of the 
Comptroller of the Currency, 250 E Street, SW, Washington, DC 20219.
    OMB Reviewer: Alexander Hunt, [phone], Paperwork Reduction 
Project 1557-0124, Office of Management and Budget, Room 10226, New 
Executive Office Building, Washington, DC 20503.
    The OCC may not conduct or sponsor, and respondent is not required 
to respond to, an information collection that has been extended, 
revised, or implemented on or after October 1, 1995, unless it displays 
a currently valid OMB control number. Comments are invited on: (a) 
Whether the proposed revisions to the following collections of 
information are necessary for the proper performance of the OCC's 
functions, including whether the information has practical utility; (b) 
the accuracy of the OCC's estimate of the burden of the information 
collection as it is proposed to be revised; (c) ways to enhance the 
quality, utility, and clarity of the information to be collected; (d) 
ways to minimize the burden of information 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: September 1, 1998.
Mark J. Tenhundfeld,
Assistant Director, Legislative & Regulatory Activities Division.
[FR Doc. 98-24014 Filed 9-4-98; 8:45 am]
BILLING CODE 4810-33-p