Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities, 2865 [05-872]

Download as PDF Federal Register / Vol. 70, No. 11 / Tuesday, January 18, 2005 / Notices Commission released the First Order on Reconsideration and Fourth Order on Reconsideration, CC Docket Nos. 94– 129 and 00–257, FCC 04–153 (Reconsideration Order), which the Commission modified rule 64.1120(e)(3)(iii). As noted, when subscribers are switched between carriers as a result of negotiated sale or transfer or the exiting carrier’s bankruptcy, we believe the acquiring carrier should generally be responsible for carrier change charges associated with a negotiated sale or transfer. However, while we maintain this general rule rather than adopting either SBC’s or Verizon’s proposed modifications, we do adopt one minor modification to the rule for particular, limited circumstances. Specifically, when an acquiring carrier acquires customers by default ‘‘other than through bankruptcy ‘‘and state law would require the exiting carrier to pay these costs, we will require the exiting carrier to pay such costs to meet our streamlined slamming rules. The change in the rule does not impose any new or modified information collection requirements. The modification to rule 47 CFR 64.1120(e)(3)(iii) does not affect the existing annual hourly and cost changes. OMB Control No.: 3060–0854. OMB Approval date: 11/30/2004. Expiration Date: 11/30/2007. Title: Truth-in-Billing Format, CC Docket No. 98–170. Form No.: N/A. Estimated Annual Burden: 10,788 responses; 1,565,755 total annual burden hours; 5–465 hours per respondent. Needs and Uses: The Commission adopted rules to make consumers’ telephone bills easier to read and understand. Telephone bills do not provide necessary information in a userfriendly format. As a result, consumers are experiencing difficulty in understanding their bills, in detecting fraud, in resolving billing disputes, and in comparing carrier rates to get the best values for themselves. Consumers use this information to help them understand their telephone bills. Consumers need this information to protect them against fraud and to help resolve billing disputes if they wish. FEDERAL RESERVE SYSTEM FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities Formations of, Acquisitions by, and Mergers of Bank Holding Companies The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 1, 2005. A. Federal Reserve Bank of Chicago (Patrick Wilder, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Marshall & Ilsley Corporation, Milwaukee, Wisconsin; to acquire, indirectly through its subsidiary, Metavante Corporation, Milwaukee, Wisconsin, 100 percent of the voting shares of Prime Associates, Inc., Clark, New Jersey; and thereby indirectly engage in data processing activities, pursuant to section 225.28(b)(9)(i)(A)(1) of Regulation Y and management consulting activities, pursuant to section 225.28(b)(14)(i) of Regulation Y. Federal Communications Commission. Marlene H. Dortch, Secretary. [FR Doc. 05–920 Filed 1–14–05; 8:45 am] Board of Governors of the Federal Reserve System, January 11, 2005. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. 05–872 Filed 1–14–05; 8:45 am] BILLING CODE 6712–01–P BILLING CODE 6210–01–S VerDate jul<14>2003 11:51 Jan 14, 2005 Jkt 205001 2865 PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 The companies listed in this notice have applied to the Board for approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.) (BHC Act), Regulation Y (12 CFR Part 225), and all other applicable statutes and regulations to become a bank holding company and/or to acquire the assets or the ownership of, control of, or the power to vote shares of a bank or bank holding company and all of the banks and nonbanking companies owned by the bank holding company, including the companies listed below. The applications listed below, as well as other related filings required by the Board, are available for immediate inspection at the Federal Reserve Bank indicated. The application also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the standards enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also involves the acquisition of a nonbanking company, the review also includes whether the acquisition of the nonbanking company complies with the standards in section 4 of the BHC Act (12 U.S.C. 1843). Unless otherwise noted, nonbanking activities will be conducted throughout the United States. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 11, 2005. A. Federal Reserve Bank of Philadelphia (Michael E. Collins, Senior Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105– 1521: 1. Prudential Bancorp, Inc. of Pennsylvania, and Prudential Mutual Holding Company, both of Philadelphia, Pennsylvania; to become bank holding companies by acquiring 100 percent of the voting shares of Prudential Savings Bank, Philadelphia, Pennsylvania. B. Federal Reserve Bank of Kansas City (Donna J. Ward, Assistant Vice President) 925 Grand Avenue, Kansas City, Missouri 64198–0001: 1. BOK Financial Corporation, Tulsa, Oklahoma; to acquire, through its subsidiary BOKF Merger Corporation Number Eight, Tulsa, Oklahoma, 100 percent of the voting shares of Valley Commerce Bancorp, Ltd., parent of E:\FR\FM\18JAN1.SGM 18JAN1

Agencies

[Federal Register Volume 70, Number 11 (Tuesday, January 18, 2005)]
[Notices]
[Page 2865]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-872]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in Permissible Nonbanking 
Activities or to Acquire Companies that are Engaged in Permissible 
Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y (12 CFR 225.28) or that the Board has 
determined by Order to be closely related to banking and permissible 
for bank holding companies. Unless otherwise noted, these activities 
will be conducted throughout the United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act. Additional information on all 
bank holding companies may be obtained from the National Information 
Center website at www.ffiec.gov/nic/.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than February 1, 2005.
    A. Federal Reserve Bank of Chicago (Patrick Wilder, Assistant Vice 
President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Marshall & Ilsley Corporation, Milwaukee, Wisconsin; to acquire, 
indirectly through its subsidiary, Metavante Corporation, Milwaukee, 
Wisconsin, 100 percent of the voting shares of Prime Associates, Inc., 
Clark, New Jersey; and thereby indirectly engage in data processing 
activities, pursuant to section 225.28(b)(9)(i)(A)(1) of Regulation Y 
and management consulting activities, pursuant to section 
225.28(b)(14)(i) of Regulation Y.

    Board of Governors of the Federal Reserve System, January 11, 
2005.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 05-872 Filed 1-14-05; 8:45 am]
BILLING CODE 6210-01-S
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