Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities, 2544-2545 [2010-602]
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Federal Register / Vol. 75, No. 10 / Friday, January 15, 2010 / Notices
FEDERAL RESERVE SYSTEM
FEDERAL RESERVE SYSTEM
Federal Open Market Committee;
Domestic Policy Directive of December
15 and 16, 2009
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
In accordance with § 271.25 of its
rules regarding availability of
information (12 CFR part 271), there is
set forth below the domestic policy
directive issued by the Federal Open
Market Committee at its meeting held
on December 15 and 16, 2009.1
The Federal Open Market Committee
seeks monetary and financial conditions
that will foster price stability and
promote sustainable growth in output.
To further its long–run objectives, the
Committee seeks conditions in reserve
markets consistent with federal funds
trading in a range from 0 to 1⁄4 percent.
The Committee directs the Desk to
purchase agency debt agency and
agency MBS during the intermeeting
period with the aim of providing
support to private credit markets and
economic activity. The timing and pace
of these purchases should depend on
conditions in the markets for such
securities and on a broader assessment
of private credit market conditions. The
Desk is expected to execute purchases of
about $175 billion in housing–related
agency debt and about $1.25 trillion of
agency MBS by the end of the first
quarter of 2010. The Desk is expected to
gradually slow the pace of these
purchases as they near completion. The
Committee anticipates that outright
purchases of securities will cause the
size of the Federal Reserve’s balance
sheet to expand significantly in coming
months. The System Open Market
Account Manager and the Secretary will
keep the Committee informed of
ongoing developments regarding the
System’s balance sheet that could affect
the attainment over time of the
Committee’s objectives of maximum
employment and price stability.
By order of the Federal Open Market
Committee, January 7, 2010.
Brian F. Madigan,
Secretary, Federal Open Market Committee.
[FR Doc. 2010–678 Filed 1–14–10; 8:45 am]
jlentini on DSKJ8SOYB1PROD with NOTICES
BILLING CODE 6210–01–S
1 Copies of the Minutes of the Federal Open
Market Committee at its meeting held on December
15 and 16, 2009, which includes the domestic
policy directive issued at the meeting, are available
upon request to the Board of Governors of the
Federal Reserve System, Washington, D.C. 20551.
The minutes are published in the Federal Reserve
Bulletin and in the Board’s annual report.
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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 applications 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 12,
2010.
A. Federal Reserve Bank of New
York (Ivan Hurwitz, Bank Applications
Officer) 33 Liberty Street, New York,
New York 10045–0001:
1. First Niagara Financial Group, Inc.,
Buffalo, New York; to become a bank
holding company by acquiring 100
percent of the voting shares of
Harleysville National Corporation, and
thereby acquire The Harleysville
National Bank and Trust Company, both
of Harleysville, Pennsylvania.
In connection with this application,
Applicant also has applied retain First
Niagara Bank, Buffalo, New York, and
First Niagara Commercial Bank,
Lockport, New York, and thereby engage
in operating a savings association,
pursuant to section 225.28(b)(4); in
extending credit and servicing loans,
pursuant to section 225.28(b)(1); in
leasing personal and real propoerty,
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pursuant to section 225.28(b)(3); and in
the sale of credit related insurance,
pursuant to section 225.28(b)(11), all of
Regulation Y. Applicant also has
applied to retain First Niagara Bank
upon its conversion to a National Bank.
B. Federal Reserve Bank of Atlanta
(Steve Foley, Vice President) 1000
Peachtree Street, N.E., Atlanta, Georgia
30309:
1. State Bank Financial Corporation,
Atlanta, Georgia; to become a bank
holding company by acquiring 100
percent of the voting shares of State
Bank and Trust Company, Macon
(Pinehurst), Georgia.
C. Federal Reserve Bank of
Minneapolis (Jacqueline G. King,
Community Affairs Officer) 90
Hennepin Avenue, Minneapolis,
Minnesota 55480–0291:
1. Lake Central Financial, Inc.,
Annandale, Minnesota; to become a
bank holding company by acquiring 100
percent of the voting shares of
Annandale State Bank, Annandale,
Minnesota.
Board of Governors of the Federal Reserve
System, January 12, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010–670 Filed 1–14–10; 8:45 am]
BILLING CODE 6210–01–S
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 § 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
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Federal Register / Vol. 75, No. 10 / Friday, January 15, 2010 / Notices
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 January 29, 2010.
A. Federal Reserve Bank of Dallas (E.
Ann Worthy, Vice President) 2200
North Pearl Street, Dallas, Texas 75201–
2272:
1. One World Holdings, Inc., Dallas,
Texas; to engage de novo through its
subsidiary, One World Asset
Management, Inc., Dallas, Texas, in
lending activities, pursuant to section
225.28(b)(1) of Regulation Y.
Board of Governors of the Federal Reserve
System, January 11, 2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010–602 Filed 1–14–10; 8:45 am]
BILLING CODE 6210–01–S
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
National Institutes of Health
National Toxicology Program (NTP);
Center for the Evaluation of Risks to
Human Reproduction (CERHR);
Availability of the Final Expert Panel
Report on Soy Infant Formula; Request
for Public Comment
jlentini on DSKJ8SOYB1PROD with NOTICES
AGENCY: National Institute of
Environmental Health Sciences
(NIEHS); National Institutes of Health
(NIH); HHS.
ACTION: Announcement of report
availability and request for comment.
SUMMARY: CERHR announces the
availability of the final expert panel
report on soy infant formula on January
15, 2010, from the CERHR Web site
(https://cerhr.niehs.nih.gov) or in
hardcopy from CERHR (see ADDRESSES
below). The expert panel report is an
evaluation of the developmental toxicity
of soy infant formula conducted by an
independent, 14-member expert panel
composed of scientists from the public
and private sectors convened by
CERHR. CERHR invites the submission
of public comments on this report (see
SUPPLEMENTARY INFORMATION below).
The expert panel met in public session
(December 16–18, 2009) to review and
revise the draft expert panel report and
reach conclusions regarding whether
exposure to soy infant formula is a
hazard to human development. The
expert panel also identified data gaps
and research needs.
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DATES: The final expert panel report on
soy infant formula will be available for
public comment on January 15, 2010.
Written public comments on this report
should be received by March 1, 2010.
Comments on the expert
panel report and any other
correspondence should be submitted to
Dr. Kristina A. Thayer, Acting CERHR
Director, NIEHS, P.O. Box 12233, MD
K2–04, Research Triangle Park, NC
27709 (mail), 919–541–5021
(telephone), or thayer@niehs.nih.gov (email). Courier address: NIEHS, 530
Davis Drive, Room K2154, Morrisville,
NC 27560.
ADDRESSES:
SUPPLEMENTARY INFORMATION:
Background
Soy infant formula is fed to infants as
a supplement or replacement for human
milk or cow milk formula. Soy infant
formula contains isoflavones such as
genistein (CAS RN: 446–72–0), daidzein
(CAS RN: 486–66–8), and glycitein (CAS
RN: 40957–83–3). Genistein, daidzein,
glycitein, and the daidzein metabolite
equol are non-steroidal, estrogenic
compounds that occur naturally in some
plants and are often referred to as
‘‘phytoestrogens.’’ In plants, nearly all
genistein, daidzein, and glycitein are
linked to a sugar molecule and these
isoflavone-sugar complexes are called
genistin, daidzin, or glycitin.
On December 16–18, 2009, CERHR
(74 FR 53508) convened an expert panel
to conduct an updated evaluation of the
potential developmental toxicity of soy
infant formula and its predominant
isoflavone constituents. CERHR selected
soy infant formula for evaluation
because of (1) The availability of
numerous developmental toxicity
studies in laboratory animals and
humans, (2) the availability of
information on exposures in infants,
and (3) public concern for effects on
infant or child development.
Following receipt of public comments
on the final expert panel report on soy
infant formula, CERHR staff will prepare
the NTP monograph. NTP monographs
are divided into three major sections: (1)
The NTP Brief that provides the NTP’s
interpretation of the potential for the
substance to cause adverse reproductive
and/or developmental effects in exposed
humans, (2) a roster of expert panel
members, and (3) the final expert panel
report. The NTP Brief is based on the
expert panel report, public comments
on that report, public and peer review
comments on the draft NTP Brief, and
any new, relevant information that
becomes available after the expert panel
meetings.
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Request for Comments
CERHR invites written public
comments on the expert panel report on
soy infant formula. Written comments
should be sent to Dr. Kristina A. Thayer
(see ADDRESSES above). Persons
submitting written comments are asked
to include their name and contact
information (affiliation, mailing address,
telephone and facsimile numbers, email, and sponsoring organization, if
any). Any comments received will be
posted on the CERHR Web site and the
commenter identified by name,
affiliation, and sponsoring organization,
if applicable. All public comments will
be considered by the NTP during
preparation of the NTP Brief (see
‘‘Background’’ above).
Background Information on CERHR
The NTP established CERHR in 1998
(63 FR 68782). CERHR is a publicly
accessible resource for information
about adverse reproductive and/or
developmental health effects associated
with exposure to environmental and/or
occupational exposures. CERHR follows
a formal process for the evaluation of
selected substances that includes
multiple opportunities for public input.
CERHR invites the nomination of
substances for review or scientists for its
expert registry. Information about
CERHR and the nomination process can
be obtained from its homepage (https://
cerhr.niehs.nih.gov) or by contacting Dr.
Thayer (see ADDRESSES above). CERHR
selects substances for evaluation based
upon several factors including
production volume, potential for human
exposure from use and occurrence in
the environment, extent of public
concern, and extent of data from
reproductive and developmental
toxicity studies.
Dated: January 8, 2010.
John R. Bucher,
Associate Director, National Toxicology
Program.
[FR Doc. 2010–674 Filed 1–14–10; 8:45 am]
BILLING CODE 4140–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Call for Collaborating Partners for
National Women’s Health Week
AGENCY: Department of Health and
Human Services, Office of the Secretary,
Office of Public Health and Science,
Office on Women’s Health.
ACTION: Notice.
SUMMARY: The U.S. Department of
Health and Human Services (HHS),
Office on Women’s Health (OWH)
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]]>Agencies
[Federal Register Volume 75, Number 10 (Friday, January 15, 2010)]
[Notices]
[Pages 2544-2545]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-602]
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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. [thinsp]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
[[Page 2545]]
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 January 29, 2010.
A. Federal Reserve Bank of Dallas (E. Ann Worthy, Vice President)
2200 North Pearl Street, Dallas, Texas 75201-2272:
1. One World Holdings, Inc., Dallas, Texas; to engage de novo
through its subsidiary, One World Asset Management, Inc., Dallas,
Texas, in lending activities, pursuant to section 225.28(b)(1) of
Regulation Y.
Board of Governors of the Federal Reserve System, January 11,
2010.
Robert deV. Frierson,
Deputy Secretary of the Board.
[FR Doc. 2010-602 Filed 1-14-10; 8:45 am]
BILLING CODE 6210-01-S
