The information collected in § 1310.20
from state regulatory agencies will be used generally by FSOC to
carry out its duties under Title I of the Dodd-Frank Act. The
collections of information in §§ 1310.21 and 1310.22 provide an
opportunity to request a hearing or submit written materials to the
Council concerning whether, in the company's view, material
financial distress at the company, or the nature, scope, size,
scale, concentration, interconnectedness, or mix of the activities
of the company, could pose a threat to the financial stability of
the United States.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.