Notice2024-10665

Proposed Collection of Information: Government Securities Act of 1986

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
May 16, 2024

Issuing agencies

Treasury DepartmentBureau of the Fiscal Service

Abstract

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.

Full Text

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<title>Federal Register, Volume 89 Issue 96 (Thursday, May 16, 2024)</title>
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[Federal Register Volume 89, Number 96 (Thursday, May 16, 2024)]
[Notices]
[Pages 42927-42928]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-10665]


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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.

DATES: Written comments should be received on or before July 15, 2024 
to be assured of consideration.

ADDRESSES: Direct all written comments and requests for additional 
information to Lori Santamorena (Executive Director), John Garrison 
(Associate Director), or Luisa Jou-Penchev

[[Page 42928]]

(Government Securities Advisor), Government Securities Regulations 
Staff, Bureau of the Fiscal Service, Department of the Treasury, (202) 
504-3632, <a href="/cdn-cgi/l/email-protection#64030b1217010716010324020d170705084a101601051711161d4a030b12"><span class="__cf_email__" data-cfemail="d8bfb7aeabbdbbaabdbf98beb1abbbb9b4f6acaabdb9abadaaa1f6bfb7ae">[email&#160;protected]</span></a>.

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: 2,879.
    Estimated Total Annual Burden Hours: 206,293.
    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: May 10, 2024.
Bruce A. Sharp,
Bureau PRA Clearance Officer.
[FR Doc. 2024-10665 Filed 5-15-24; 8:45 am]
BILLING CODE 4810-AS-P


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Indexed from Federal Register on May 16, 2024.

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