Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies, 56634-56635 [E9-26267]

Download as PDF srobinson on DSKHWCL6B1PROD with NOTICES 56634 Federal Register / Vol. 74, No. 210 / Monday, November 2, 2009 / Notices Report of Specific Issues ad hoc (FR 2004SD), and Daily Report of Dealer Activity in Treasury Financing (FR 2004WI). Agency form number: FR 2004. OMB control number: 7100–0003. Frequency: Weekly, daily. Reporters: Dealers in the U.S. government securities market. Estimated annual reporting hours: FR 2004A, 1,404 hours; FR 2004B, 1,872 hours; FR 2004C, 1,170 hours; FR 2004SI, 1,872 hours; FR 2004SD, 900 hours; FR 2004SD ad hoc, 936 hours; FR 2004WI, 2,880 hours. Estimated average hours per response: FR 2004A, 1.5 hours; FR 2004B, 2.0 hours; FR 2004C, 1.25 hours; FR 2004SI, 2.0 hours; FR 2004SD, 2.0 hours; FR 2004SD ad hoc, 2.0 hours; FR 2004WI, 1.0 hour. Number of respondents: 18. General description of report: This information collection is authorized by sections 2A, 12A, and 14 of the Federal Reserve Act (12 U.S.C. 225a, 263, and 353–359) and is required to obtain or retain a benefit. Individual respondent data are regarded as confidential under the Freedom of Information Act (5 U.S.C. 552(b)(4) and (b)(8)). Abstract: The FR 2004A collects weekly data on dealers’ outright positions in Treasury and other marketable debt securities. The FR 2004B collects cumulative weekly data on the volume of transactions made by dealers in the same instruments for which positions are reported on the FR 2004A. The FR 2004C collects weekly data on the amounts of dealer financing and fails. The FR 2004SI collects weekly data on position, transaction, financing, and fails for the most recently issued on-the-run Treasury securities (the most recently issued Treasury securities for each maturity class). When unusual trading practices occur for a specific security, this information can be collected on a daily basis on the FR 2004SD for either on-the-run Treasury securities or off-the-run Treasury securities. The FR 2004WI collects daily data on positions in to-be-issued Treasury coupon securities, mainly the trading on a when-issued delivery basis. Current actions: The Federal Reserve proposes to revise the FR 2004 information collection by collecting ad hoc information on the FR 2004SD and making several clarifications to the FR 2004 instructions. On occasion, there may be a need to collect critical information within a short timeframe for a short period of time from primary dealers. This authority would have proven extremely useful during recent market events. Based on this experience the Federal Reserve proposes VerDate Nov<24>2008 17:03 Oct 30, 2009 Jkt 220001 authorizing the collection of up to 10 ad hoc data items from all respondents that generally would pertain to specific securities, asset classes, or financing transactions. The request for additional data would be based on recommendations from staff at the Federal Reserve. The dealers would be notified in advance and any data requested or required would be readily available. These data could be reported as frequently as daily until dealers were notified to discontinue reporting. Written qualitative questions might include categorical questions, yes-no questions, ordinal questions, and openended questions. Written quantitative questions would include dollar amounts, percentages, numbers of items, interest rates, and other such information. These data would not be available from any other source. The Federal Reserve also proposes to clarify instructions to (1) explicitly cover new product types that have been actively traded or held since the last reports review (e.g., covered bonds, Federal Deposit Insurance Corporation debt guarantees), (2) address the reporting of security underwriting done with issuers through reverse inquiry, (3) add a section for prime brokerage reporting, and (4) incorporate several editorial changes. Proposal to approve under OMB delegated authority the implementation of the following survey: Report title: Central Bank Survey of Foreign Exchange and Derivatives Market Activity. Agency form number: FR 3036. OMB control number: 7100–0285. Frequency: One-time. Reporters: Financial institutions that serve as intermediaries in the wholesale foreign exchange and derivatives market and dealers. Estimated annual reporting hours: 2,165 hours. Estimated average hours per response: Turnover survey, 55 hours; outstandings survey, 60 hours. Number of respondents: 39. General description of report: This information collection is voluntary (12 U.S.C. 225a and 263) and is given confidential treatment (5 U.S.C. 552(b)(4)). Abstract: The FR 3036 is the U.S. part of a global data collection that is conducted by central banks once every three years. More than 50 central banks plan to conduct the survey in 2010. The Bank for International Settlements compiles national data from each central bank to produce global market statistics. The Federal Reserve System and other government agencies use the survey to PO 00000 Frm 00065 Fmt 4703 Sfmt 4703 monitor activity in the foreign exchange and derivatives markets. Respondents use the published data to gauge their market share. Current actions: The proposed survey would collect information on the size and structure of the foreign exchange and over-the-counter derivatives markets. The survey would cover the turnover in the foreign exchange spot market, the foreign exchange derivatives market, and interest rate derivatives markets (forwards, swaps, and options). In addition, the survey would gather data on the notional amounts and gross positive and negative market values of outstanding derivatives contracts for over-the-counter foreign exchange, interest rates, equities, and commodities. To reduce reporting burden, the Derivatives Outstanding part of the survey is coordinated with the Semiannual Report of Derivatives Activity (FR 2436; OMB No. 7100– 0286). Those firms that submit FR 2436 data would not complete the Derivatives Outstanding part of the survey during the overlapping reporting period. Differences between the proposed survey and the 2007 survey are: 1. Data items to capture credit default swaps with central counterparties would be added to the Outstanding survey to be consistent with the FR 2436. The growth in the credit derivative market has made these data an important component of understanding the structure and activity of the overall over-the-counter derivatives market. This has become particularly evident during the recent financial crisis. 2. Additional currencies would be identified in tables for foreign exchange transactions and for interest rate derivatives on the Turnover survey. This change would facilitate reporting of currency pairs in carry trade strategies and ensure comprehensive identification of turnover in all participating countries’ currencies. Board of Governors of the Federal Reserve System, October 28, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E9–26266 Filed 10–30–09; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and E:\FR\FM\02NON1.SGM 02NON1 Federal Register / Vol. 74, No. 210 / Monday, November 2, 2009 / Notices § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than November 17, 2009. A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Mary Jean Jensen, Lemmon, South Dakota; to join a group acting in concert, consisting of Carveth and Margaret Thompson, Lead, South Dakota; Gary and Nancy Vance, Faith, South Dakota; Eldon Jensen, Lemmon, South Dakota; and Morris Gustafson, Faith, South Dakota, and retain and acquire voting shares of Faith Bank Holding Company, and thereby indirectly retain and acquire voting shares of Farmer’s State Bank, both of Faith, South Dakota. Board of Governors of the Federal Reserve System, October 28, 2009. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E9–26267 Filed 10–30–09; 8:45 am] BILLING CODE 6210–01–S GENERAL SERVICES ADMINISTRATION [OMB Control No. 3090–0243] General Services Administration Acquisition Regulation; Submission for OMB Review; Economic Price Adjustment Clauses srobinson on DSKHWCL6B1PROD with NOTICES AGENCY: Office of Acquisition Policy, General Services Administration (GSA). ACTION: Notice of a request for public comments regarding the reinstatement of a previously existing OMB clearance. SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the General Services Administration (GSA) will be submitting to the Office of Management and Budget (OMB) a request to review and approve a reinstatement of a previously approved information collection requirement concerning the Economic Price Adjustment (EPA) Clauses for the Federal Supply Schedule VerDate Nov<24>2008 17:03 Oct 30, 2009 Jkt 220001 (FSS) and SOP Programs. A request for public comments was published in the Federal Register at 74 FR 4596, January 26, 2009. No comments were received. Public comments are particularly invited on: Whether the information collection generated by the General Services Administration Acquisition Regulation (GSAR) Clauses, Economic Price Adjustment (EPA) is necessary to determine an offeror’s price is fair and reasonable; whether it will have practical utility; whether our estimate of the public burden of this collection of information is accurate, and based on valid assumptions and methodology; ways to enhance the quality, utility, and clarity of the information to be collected; and ways in which we can minimize the burden of the collection of information on those who are to respond, through the use of appropriate technological collection techniques or other forms of information technology. DATES: Comments may be submitted on or before December 2, 2009. ADDRESSES: Comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, should be submitted to: GSA Desk Officer, OMB, Room 10236, NEOB, Washington, DC 20503, and a copy to Regulatory Secretariat, 1800 F Street, NW., Room 4041, Washington, DC 20405. FOR FURTHER INFORMATION CONTACT: Mr. Warren Blankenship, Procurement Analyst, Contract Policy Division, (202) 501–1900 or warren.blankenship@gsa.gov. SUPPLEMENTARY INFORMATION: A. Purpose The General Services Administration Manual (GSAM) has prescribed in GSAM 538.1203(c)(63) the use of GSAR clause 552.238–63, Economic Price Adjustment—Supplies and/or Services with an Established Catalog Price, GSAM 538.1203(c)(64), Economic Price Adjustment—Supplies and/or Services with Market Pricing without an Established Catalog Price and in GSAM 516.203–4, the use of GSAR clause 552.216–71, Economic Price Adjustment—Special Order Programs Contracts. GSAR clauses 552.239–63 and 552.238–64 require the FSS contractor to submit certain pricing information when a request for price increases is submitted to the contracting officer under a FSS contract. GSAR clause 552.216–71 requires the SOP contractor to submit certain pricing information when a request for price increases is submitted to the contracting officer under SOP contracts. EPA PO 00000 Frm 00066 Fmt 4703 Sfmt 4703 56635 clauses are used as a convenience to provide for a predetermined manner for adjusting prices based upon the occurrence of specific contingencies. B. Annual Reporting Burden. Number of Respondents: 30,000. Responses per Respondent: 1. Annual Responses: 30,000. Average Burdens per Response: 1. Total Burden Hours: 30,000. Obtaining Copies of Proposals: A copy of this proposal may be obtained from the General Services Administration, Regulatory Secretariat, 1800 F Street, NW., Room 4041, Washington, DC 20405, telephone (202) 501–4755. Please cite OMB Control No. 3090–0243, Economic Price Adjustment Clauses, in all correspondence. Dated: October 21, 2009. Al Matera, Director, Acquisition Policy Division. [FR Doc. E9–26354 Filed 10–30–09; 8:45 am] BILLING CODE 6820–61–P DEPARTMENT OF DEFENSE GENERAL SERVICES ADMINISTRATION NATIONAL AERONAUTICS AND SPACE ADMINISTRATION [OMB Control No. 9000–0070] Submission for OMB Review; Payments AGENCIES: Department of Defense (DOD), General Services Administration (GSA), and National Aeronautics and Space Administration (NASA). ACTION: Notice of request for comments regarding the reinstatement of a previously existing OMB clearance. SUMMARY: Under the provisions of the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35), the Federal Acquisition Regulation (FAR) Secretariat will be submitting to the Office of Management and Budget (OMB) a request to review and approve a reinstatement of a previously approved information collection requirement concerning Payments. A request for public comments was published in the Federal Register at 74 FR 27799, on June 11, 2009. DATES: Submit comments on or before December 2, 2009. ADDRESSES: Submit comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden to: FAR Desk Officer, OMB, Room 10102, NEOB, Washington, DC E:\FR\FM\02NON1.SGM 02NON1

Agencies

[Federal Register Volume 74, Number 210 (Monday, November 2, 2009)]
[Notices]
[Pages 56634-56635]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-26267]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisition of Shares of Bank or 
Bank Holding Companies

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and

[[Page 56635]]

Sec. [thinsp]225.41 of the Board's Regulation Y (12 CFR 225.41) to 
acquire a bank or bank holding company. The factors that are considered 
in acting on the notices are set forth in paragraph 7 of the Act (12 
U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the office of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than November 17, 2009.
    A. Federal Reserve Bank of Minneapolis (Jacqueline G. King, 
Community Affairs Officer) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Mary Jean Jensen, Lemmon, South Dakota; to join a group acting 
in concert, consisting of Carveth and Margaret Thompson, Lead, South 
Dakota; Gary and Nancy Vance, Faith, South Dakota; Eldon Jensen, 
Lemmon, South Dakota; and Morris Gustafson, Faith, South Dakota, and 
retain and acquire voting shares of Faith Bank Holding Company, and 
thereby indirectly retain and acquire voting shares of Farmer's State 
Bank, both of Faith, South Dakota.

    Board of Governors of the Federal Reserve System, October 28, 
2009.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. E9-26267 Filed 10-30-09; 8:45 am]
BILLING CODE 6210-01-S
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