The Federal Reserve, the Office of the
Comptroller of the Currency (OCC), the Federal Deposit Insurance
Corporation (FDIC), the Commodity Futures Trading Commission
(CFTC), and the Securities and Exchange Commission (SEC)
(collectively, the agencies) have adopted a final rule that would
implement section 13 of the Bank Holding Company Act of 1956 (BHC
Act), which was added by section 619 of the Dodd-Frank Wall Street
Reform and Consumer Protection Act (Dodd-Frank Act). Section 13
contains certain prohibitions and restrictions on the ability of a
banking entity supervised by the agencies to engage in proprietary
trading and have certain interests in, or relationships with, a
hedge fund or private equity fund.
Decrease in burden reflects
decrease in the respondent panel.
$0
No
No
No
Yes
No
Uncollected
Mark Tokarski 202-452-5241
Mark.E.Tokarski@frb.gov
No
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.
FRVV_201708_83c.pdf
Ongoing Disclosure - Section 248.11(a)(8)(i)