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July 16, 2010 at 08:00 PM
The Office of Financial Stability (OFS) is asking for comments on the Troubled Asset Relief Program executive compensation data collection effort.
The OFS, an arm of the U.S. Treasury Department, is supposed to collect the executive compensation information to enforce the federal executive compensation rules that apply to TARP assistance recipients.
The federal Paperwork Reduction Act requires agencies to assess data collection efforts. OFS officials are seeking Office of Management and Budget approval for the TARP executive compensation data collection and for a related collection of information about potential TARP conflicts of interest.
Comments on the collection efforts are due Sept. 14.
