Justification for No Material/Nonsubstantive Change

1557-0229.doc

Interagency Statement on Complex Structured Finance Transactions

Justification for No Material/Nonsubstantive Change

OMB: 1557-0229

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Interagency Statement on

Complex Structured Finance Transactions

Non-substantive Change

OMB Control No. 1557-0229


On July 21, 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act, P.L. 111-203, 124 Stat. 1376 (2010) (Dodd-Frank Act). As part of the comprehensive package of financial regulatory reform measures enacted, Title III of the Dodd-Frank Act transfers the powers, authorities, rights and duties of the Office of Thrift Supervision to other banking agencies, including the OCC, on the “transfer date.” The transfer date is one year after the date of enactment of the Dodd-Frank Act, July 21, 2011. The Dodd-Frank Act also abolishes the OTS ninety days after the transfer date. As a result of the Dodd-Frank Act, OCC is making a non-substantive change to this collection of information to include the thrift institutions it now regulates.


Current Burden:


12 respondents; 12 responses; 300 burden hours


New Burden:


13 respondents; 13 responses; 325 burden hours


Difference:


+ 1 respondent; + response; + 25 burden hours

/home/ec2-user/sec/disk/omb/icr/201107-1557-066/doc/26361501

File Typeapplication/msword
File TitleExamination Questionnaire
AuthorOCC
Last Modified ByOCC
File Modified2011-07-25
File Created2011-07-20

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