Notice2026-20976
Agency Information Collection Activities: Proposed Collection Renewal; Comment Request
Primary source
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Published
October 14, 2026
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
The FDIC, as part of its obligations under the Paperwork Reduction Act of 1995, invites the general public and other Federal agencies to take this opportunity to comment on the renewal, without change, of the existing information collection described below (OMB Control No. 3064-0184). The notice of proposed renewal for this information collection were previously published in the Federal Register on July 31, 2026, allowing for a 60-day comment period. No comments were received.
Full Text
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<title>Federal Register, Volume 91 Issue 197 (Wednesday, October 14, 2026)</title>
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[Federal Register Volume 91, Number 197 (Wednesday, October 14, 2026)]
[Notices]
[Pages 65207-65209]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-20976]
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FEDERAL DEPOSIT INSURANCE CORPORATION
[OMB No. 3064-0184]
Agency Information Collection Activities: Proposed Collection
Renewal; Comment Request
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice and request for comment.
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SUMMARY: The FDIC, as part of its obligations under the Paperwork
Reduction Act of 1995, invites the general public and other Federal
agencies to take this opportunity to comment on the renewal, without
change, of the existing information collection described below (OMB
Control No. 3064-0184). The notice of proposed renewal for this
information collection were previously published in the Federal
Register on July 31, 2026, allowing for a 60-day comment period. No
comments were received.
DATES: Comments must be submitted on or before November 13, 2026.
ADDRESSES: Interested parties are invited to submit written comments to
the FDIC by any of the following methods:
<bullet> Agency Website: <a href="https://www.fdic.gov/resources/regulations/federal-register-publications/">https://www.fdic.gov/resources/regulations/federal-register-publications/</a>.
<bullet> Email: <a href="/cdn-cgi/l/email-protection#33505c5e5e565d47407355575a501d545c45"><span class="__cf_email__" data-cfemail="8eede1e3e3ebe0fafdcee8eae7eda0e9e1f8">[email protected]</span></a>. Include the name and number of
the collection in the subject line of the message.
<bullet> Mail: Robert Meiers, Regulatory Counsel, MB-3013, Federal
Deposit Insurance Corporation, 550 17th Street NW, Washington, DC
20429.
<bullet> Hand Delivery: Comments may be hand-delivered to the guard
station at
[[Page 65208]]
the rear of the 17th Street NW building (located on F Street NW), on
business days between 7 a.m. and 5 p.m.
All comments should refer to the relevant OMB control number. A
copy of the comments may also be submitted to the OMB desk officer for
the FDIC: Office of Information and Regulatory Affairs, Office of
Management and Budget, New Executive Office Building, Washington, DC
20503.
FOR FURTHER INFORMATION CONTACT: Robert Meiers, Regulatory Attorney,
<a href="/cdn-cgi/l/email-protection#32605d5f575b5740417254565b511c555d44"><span class="__cf_email__" data-cfemail="31635e5c545854434271575558521f565e47">[email protected]</span></a>, MB-3013, Federal Deposit Insurance Corporation, 550
17th Street NW, Washington, DC 20429.
SUPPLEMENTARY INFORMATION: Proposal to renew the following currently
approved collection of information:
1. Title: Volcker Rule Restrictions on Proprietary Trading and
Relationships with Hedge Funds and Private Equity Funds.
OMB Number: 3064-0184.
Form Number: None.
Affected Public: Private Sector; Insured state nonmember banks and
state savings associations.
Burden Estimate:
Table 1--Summary of Estimated Annual Burden
[OMB No. 3064-0184]
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Average
Information collection (IC) Type of burden Number of Number of time per Annual
(obligation to respond) (frequency of respondents responses per response burden
response) respondent (HH:MM) (hours)
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Implementation/Initial Set-up
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1. Section 351.4(c)(3)(i)--Limit Reporting (On 1 \P\ 1 00:15 0
Breaches and Increases Initial Set- occasion).
up (Mandatory).
2. Section 351.20(d)--Requirements Reporting (Quarterly) 1 \P\ 1 125:00 125
under Appendix A for Covered Banks
with Significant Trading Assets &
Liabilities Initial Set-up
(Mandatory).
3. Section 351.20(i)--Notice and Reporting (On 1 \P\ 1 20:00 20
Response Initial Set-up occasion).
(Voluntary).
4. Section 351.3(d)(3)--Purchase Recordkeeping (On 1 \P\ 1 3:00 3
and Sale of Securities in occasion).
Accordance with Liquidity
Management Plans Initial Set-up
(Mandatory).
5. Section 351.4(b)(3)(i)(A)-- Recordkeeping (On 1 \P\ 1 2:00 2
Trading Desk Documentation Initial occasion).
Set-up (Mandatory).
6. Section 351.4(c)(3)(i)--Limit Recordkeeping (On 1 \P\ 1 00:15 0
Breaches and Increases Initial Set- occasion).
up (Mandatory).
7. Section 351.5(c)--Hedging Recordkeeping (On 1 \P\ 1 80:00 80
Instruments Documentation Initial occasion).
Set-up (Mandatory).
8. Section 351.10(c)(18)(ii)(C)(1)-- Recordkeeping (On 1 \P\ 1 10:00 10
Customer Facilitation Vehicles occasion).
Initial Set-up (Mandatory).
9. Section 351.11(a)(2)-- Recordkeeping (On 1 \P\ 1 10:00 10
Documentation on Advisory or occasion).
Related Services to Customers
Initial Set-up (Mandatory).
10. Section 351.20(b)--Compliance Recordkeeping (On 1 \P\ 1 795:00 795
Program for Covered Banks with occasion).
Significant Trading Assets &
Liabilities Initial Set-up
(Mandatory).
11. Section 351.20(c)--CEO Recordkeeping 1 \P\ 1 300:00 300
Attestation for Covered Banks with (Annual).
Significant Trading Assets &
Liabilities Initial Set-up
(Mandatory).
12. Section 351.20(d)--Requirements Recordkeeping (On 1 \P\ 1 10:00 10
under Appendix A for Covered Banks occasion).
with Significant Trading Assets &
Liabilities Initial Set-up
(Mandatory).
13. Section 351.20(e)--Additional Recordkeeping (On 1 \P\ 1 200:00 200
Documentation for Covered Funds occasion).
for Covered Banks with Significant
Trading Assets & Liabilities
Initial Set-up (Mandatory).
14. Section 351.20(f)(1)-- Recordkeeping (On 1 \P\ 1 8:00 8
Simplified Compliance Program for occasion).
Covered Banks with No Trading
Assets or Liabilities Initial Set-
up (Mandatory).
15. Section 351.20(f)(2)-- Recordkeeping (On 1 \P\ 1 100:00 100
Simplified Compliance program for occasion).
Covered Banks with Moderate
Trading Assets and Liabilities
Initial Set-up (Mandatory).
16. Section 351.11(a)(8)(i)-- Third-party 1 \P\ 1 00:30 1
Offerings Disclosures Initial Set- Disclosure (On
up (Mandatory). Occasion).
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Ongoing Compliance
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1. Section 351.4(c)(3)(i)--Limit Reporting (On 5 20 00:15 25
Breaches and Increases Ongoing occasion).
(Mandatory).
2. Section 351.20(d)--Requirements Reporting (Quarterly) 2 4 41:00 328
under Appendix A for Covered Banks
with Significant Trading Assets &
Liabilities Ongoing (Mandatory).
3. Section 351.20(i)--Notice and Reporting (On 5 1 20:00 100
Response Ongoing (Voluntary). occasion).
4. Section 351.3(d)(3)--Purchase Recordkeeping (On 5 1 1:00 5
and Sale of Securities in occasion).
Accordance with Liquidity
Management Plans Ongoing
(Mandatory).
5. Section 351.4(b)(3)(i)(A)-- Recordkeeping (On 5 4 2:00 40
Trading Desk Documentation Ongoing occasion).
(Mandatory).
6. Section 351.4(c)(3)(i)--Limit Recordkeeping (On 5 40 00:15 50
Breaches and Increases Ongoing occasion).
(Mandatory).
7. Section 351.5(c)--Hedging Recordkeeping (On 2 1 80:00 160
Instruments Documentation Ongoing occasion).
(Mandatory).
8. Section 351.10(c)(18)(ii)(C)(1)-- Recordkeeping (On 5 1 10:00 50
Customer Facilitation Vehicles occasion).
Ongoing (Mandatory).
9. Section 351.11(a)(2)-- Recordkeeping (On 5 1 10:00 50
Documentation on Advisory or occasion).
Related Services to Customers
Ongoing (Mandatory).
[[Page 65209]]
10. Section 351.20(b)--Compliance Recordkeeping (On 2 1 265:00 530
Program for Covered Banks with occasion).
Significant Trading Assets &
Liabilities Ongoing (Mandatory).
11. Section 351.20(c)--CEO Recordkeeping 2 1 100:00 200
Attestation for Covered Banks with (Annual).
Significant Trading Assets &
Liabilities Ongoing (Mandatory).
12. Section 351.20(d)--Requirements Recordkeeping (On 2 1 10:00 20
under Appendix A for Covered Banks occasion).
with Significant Trading Assets &
Liabilities Ongoing (Mandatory).
13. Section 351.20(e)--Additional Recordkeeping (On 2 1 200:00 400
Documentation for Covered Funds occasion).
for Covered Banks with Significant
Trading Assets & Liabilities
Ongoing (Mandatory).
14. Section 351.20(f)(1)-- Recordkeeping (On 1 1 8:00 8
Simplified Compliance Program for occasion).
Covered Banks with No Trading
Assets or Liabilities Ongoing
(Mandatory).
15. Section 351.20(f)(2)-- Recordkeeping (On 3 1 40:00 120
Simplified Compliance Program for occasion).
Covered Banks with Moderate
Trading assets and Liabilities
Ongoing (Mandatory).
16. Section 351.11(a)(8)(i)-- Third-party 5 26 00:30 65
Offerings Disclosures Ongoing Disclosure (On
(Mandatory). Occasion).
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Total Annual Burden (Hours):... ..................... ............ .............. .......... 3,815
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Source: FDIC.
\P\ The FDIC anticipates zero respondents in the upcoming cycle and uses a placeholder respondent count of 1 to
preserve the potential burden.
Note: The estimated annual IC time burden is the product, rounded to the nearest hour, of the estimated annual
number of responses and the estimated time per response for a given IC. The estimated annual number of
responses is the product, rounded to the nearest whole number, of the estimated annual number of respondents
and the estimated annual number of responses per respondent. This methodology ensures the estimated annual
burdens in the table are consistent with the values recorded in OMB's consolidated information system.
General Description of Collection: Section 13 of the Bank Holding
Company Act of 1956 (section 13) contains certain restrictions on the
ability of a banking entity to engage in proprietary trading and to
have certain interests in, or relationships with, a hedge fund or
private equity fund. The FDIC's regulations at 12 CFR part 351 (part
351) implement section 13 with respect to FDIC-supervised insured
depository institutions (IDIs). The requirements in part 351 do not
apply to FDIC-supervised IDIs that have, and if every company that
controls it has, total consolidated assets of $10 billion or less and
total trading assets and trading liabilities, that are five percent or
less of total consolidated assets.\1\
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\1\ 12 CFR 351.2(r)(2)
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Part 351 contains provisions that constitute information
collections (ICs) under the Paperwork Reduction Act corresponding to
policies, rules, and regulations regarding periodic reporting
requirements, documentation of trading activities and compliance
programs, and various other recordkeeping and disclosure requirements
for FDIC-supervised IDIs that are subject to the requirements of part
351 (covered bank). There is no change in the substance or methodology
of this information collection. The estimated annual burden for this
information collection is 3,815 hours, a decrease of 234 hours from the
previous renewal. This decrease is attributed to a decrease in the
estimated number of respondents.
Request for Comment
Comments are invited on: (a) whether the collections of information
are necessary for the proper performance of the FDIC's functions,
including whether the information has practical utility; (b) the
accuracy of the estimates of the burden of the information collections,
including the validity of the methodology and assumptions used; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; and (d) ways to minimize the burden of the collections of
information on respondents, including through the use of automated
collection techniques or other forms of information technology. All
comments will become a matter of public record.
Federal Deposit Insurance Corporation.
Dated at Washington, DC, on October 9, 2026.
Jennifer M. Jones,
Deputy Executive Secretary.
[FR Doc. 2026-20976 Filed 10-13-26; 8:45 am]
BILLING CODE 6714-01-P
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