Sunshine Act Meeting Notice, 61474 [06-8783]

Download as PDF rmajette on PROD1PC67 with NOTICES1 61474 Federal Register / Vol. 71, No. 201 / Wednesday, October 18, 2006 / Notices requirements for IDIs and affiliates and three disclosure requirements and one reporting requirement for NGEPs. Please see the agency’s OMB supporting statement for a summary of the disclosure and reporting requirements of Regulation G, https:// www.federalreserve.gov/boarddocs/ reportforms/review.cfm. The disclosure and reporting requirements in connection with Regulation G are mandatory and apply to state member banks and their subsidiaries; bank holding companies; affiliates of bank holding companies, other than banks, savings associations, and subsidiaries of banks and savings associations; and NGEPs that enter into covered agreements with any of the aforementioned companies. 2. Report title: Disclosure Requirements in Connection With Regulation H (Consumer Protections in Sales of Insurance) Agency form number: Reg H–7 OMB control number: 7100–0298 Frequency: On occasion Reporters: State member banks Annual reporting hours: 14,159 hours Number of respondents: 899 Estimated average hours per response: 1.5 minutes General description of report: This information collection is mandatory pursuant the Federal Deposit Insurance Act, 12 U.S.C. 1831x. Since the Federal Reserve does not collect any information, no issue of confidentiality normally arises. Abstract: Section 305 of the Gramm– Leach–Bliley Act requires financial institutions to provide written and oral disclosures to consumers in connection with the initial sale of an insurance product or annuity concerning its uninsured nature and the existence of the investment risk, if appropriate, and the fact that insurance sales and credit may not be tied. Covered persons must make insurance disclosures before the completion of the initial sale of an insurance product or annuity to a consumer. The disclosure must be made orally and in writing to the consumer that: (1) the insurance product or annuity is not a deposit or other obligation of, or guaranteed by, the financial institution or an affiliate of the financial institution; (2) the insurance product or annuity is not insured by the FDIC or any other agency of the United States, the financial institution, or (if applicable) an affiliate of the financial institution; and (3) in the case of an insurance product or annuity that involves an investment risk, there is investment risk associated with the product, including the possible loss of value. VerDate Aug<31>2005 17:34 Oct 17, 2006 Jkt 211001 Covered persons must make a credit disclosure at the time a consumer applies for an extension of credit in connection with which an insurance product or annuity is solicited, offered, or sold. The disclosure must be made orally and in writing that the financial institution may not condition an extension of credit on either: (1) the consumer’s purchase of an insurance product or annuity from the financial institution or any of its affiliates; or (2) the consumer’s agreement not to obtain, or a prohibition on the consumer from obtaining, an insurance product or annuity from an unaffiliated entity. Board of Governors of the Federal Reserve System, October 13, 2006. Jennifer J. Johnson, Secretary of the Board. [FR Doc. E6–17337 Filed 10–17–06; 8:45 am] BILLING CODE 6210–01–S FEDERAL TRADE COMMISSION Sunshine Act Meeting Notice AGENCY: Federal Trade Commission. 2 p.m., Wednesday, November 15, 2006. TIME AND DATE: Federal Trade Commission Building, Room 532, 600 Pennsylvania Avenue, NW., Washington, DC 20580. PLACE: Part of this meeting will be open to the public. The rest of the meeting will be closed to the public. STATUS: MATTERS TO BE CONSIDERED: Portion Open to the Public: (1) Oral Argument in Rambus Incorporated, Docket 9302. Portion Closed to the Public: (2) Executive Session to follow Oral Argument in Rambus Incorporated, Docket 9302. FOR FURTHER INFORMATION CONTACT: Mitch Katz, Office of Public Affairs: (202) 326–2180. Recorded Message: (202) 326–2711. Donald S. Clark, Secretary. [FR Doc. 06–8783 Filed 10–16–06; 1:01 pm] FEDERAL TRADE COMMISSION [File Nos. 061 0087; 051 0065; 061 0268; 061 0267; 051 0217] Information and Real Estate Services, LLC; Northern New England Real Estate Network, Inc.; Williamsburg Area Association of Realtors, Inc.; Realtors Association of Northeast Wisconsin, Inc.; Monmouth County Association of Realtors, Inc.; Analysis of Agreements Containing Consent Orders To Aid Public Comment Federal Trade Commission. Proposed consent agreements. AGENCY: ACTION: SUMMARY: The consent agreements in these matters settle alleged violations of federal law prohibiting unfair or deceptive acts or practices or unfair methods of competition. The attached Analysis to Aid Public Comment describes both the allegations in the draft complaints and the terms of the consent orders—embodied in the consent agreements—that would settle these allegations. DATES: Comments must be received on or before November 10, 2006. ADDRESSES: Interested parties are invited to submit written comments. Comments should refer to ‘‘Information and Real Estate Services, File No. 061 0087; or Northern New England Real Estate Network, File No. 051 0065; or Williamsburg Area Association of Realtors, File No. 061 0268; or Realtors Association of Northeast Wisconsin, File No. 061 0267; or Monmouth County Association of Realtors, Inc., File No. 051 0217,’’ to facilitate the organization of comments. A comment filed in paper form should include this reference both in the text and on the envelope, and should be mailed or delivered to the following address: Federal Trade Commission/Office of the Secretary, Room 135–H, 600 Pennsylvania Avenue, NW., Washington, DC 20580. Comments containing confidential material must be filed in paper form, must be clearly labeled ‘‘Confidential,’’ and must comply with Commission Rule 4.9(c). 16 CFR 4.9(c) (2005).1 The FTC is requesting that any comment filed in paper form be sent by courier or overnight service, if possible, because U.S. postal mail in the Washington area and at the Commission is subject to BILLING CODE 6750–01–M PO 00000 1 The comment must be accompanied by an explicit request for confidential treatment, including the factual and legal basis for the request, and must identify the specific portions of the comment to be withheld from the public record. The request will be granted or denied by the Commission’s General Counsel, consistent with applicable law and the public interest. See Commission Rule 4.9(c), 16 CFR 4.9(c). Frm 00018 Fmt 4703 Sfmt 4703 E:\FR\FM\18OCN1.SGM 18OCN1

Agencies

[Federal Register Volume 71, Number 201 (Wednesday, October 18, 2006)]
[Notices]
[Page 61474]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-8783]


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FEDERAL TRADE COMMISSION


Sunshine Act Meeting Notice

AGENCY: Federal Trade Commission.

Time and Date: 2 p.m., Wednesday, November 15, 2006.

Place: Federal Trade Commission Building, Room 532, 600 Pennsylvania 
Avenue, NW., Washington, DC 20580.

Status: Part of this meeting will be open to the public. The rest of 
the meeting will be closed to the public.

Matters to Be Considered:
    Portion Open to the Public:
    (1) Oral Argument in Rambus Incorporated, Docket 9302.
    Portion Closed to the Public:
    (2) Executive Session to follow Oral Argument in Rambus 
Incorporated, Docket 9302.

FOR FURTHER INFORMATION CONTACT: Mitch Katz, Office of Public Affairs: 
(202) 326-2180. Recorded Message: (202) 326-2711.

Donald S. Clark,
Secretary.
[FR Doc. 06-8783 Filed 10-16-06; 1:01 pm]
BILLING CODE 6750-01-M
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