Proposed Submission of Information Collection for OMB Review; Comment Request; Special Financial Assistance Information
Published . Updated .
The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, with modifications, under the Paperwork Reduction Act, of a collection of information contained in PBGC's regulation on special financial assistance (SFA). The purpose of the information collection is to gather information necessary for PBGC to operate this special financial assistance program. PBGC is also proposing changes to the information collected with the Annual Statement of Compliance (ASOC) by adding requests for filers to provide documentation regarding plan investment policies and procedures for locating missing participants. This notice informs the public of PBGC's intent and solicits public comment on the collection of information.
Directly affected
- No company is named in this report.
Indirectly affected
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- WFC Wells Fargo
Bank profits move with lending and interest rates
- C Citigroup
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- MS Morgan Stanley
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KBE SPDR S&P Bank
A fund of bank stocks
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to deposits and rates
Price reaction, T-5 to T+3
The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, with modifications, under the Paperwork Reduction Act, of a collection of information contained in PBGC's re…
Source: Federal Register
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