Sunshine Act; Notice of Meeting, 42806 [2015-17870]

Download as PDF mstockstill on DSK4VPTVN1PROD with NOTICES 42806 Federal Register / Vol. 80, No. 138 / Monday, July 20, 2015 / Notices $26 billion represent an important segment of the federal funds market that is not currently captured by the FR 2420 report, and collecting their borrowing transactions is necessary for understanding unsecured money markets. As noted above, the minimum asset-size threshold for reporting by U.S. institutions on the FR 2420 is being raised to $18 billion in order to balance the need to capture this information with the reporting burden on smaller institutions. This higher minimum threshold will eliminate the need for daily reporting for many smaller institutions. Furthermore, including a supervisory component to the FR 2420 report is not expected to increase, in itself, the burden on institutions required to file an FR 2420 since all report submissions are subject to control, audit, and governance protocols. Utilization of the FR 2420 report for supervisory purposes will complement existing liquidity monitoring reports and allow the Federal Reserve to reduce reporting requirements in those reports. Specifically, with regard to the interaction between the FR 2420 and FR 2052, the Federal Reserve has reviewed the current and proposed reports and confirms there is no duplicated information or material overlaps between these reports. A subset of the FR 2420 pricing data was already being collected on the FR 2052a as part of supervisory liquidity monitoring. Going forward, information contained on the FR 2420 will replace certain information currently gathered on the FR 2052a, as these data elements will be dropped from the FR 2052a collection. Pricing information on the FR 2052b will not change, as that data is not similar to FR 2420 data. However, the amended FR 2420 will offer greater insight on the borrowing costs for these firms’ liabilities. Pricing information, when used in tandem with liquidity data, is an area that supervisors review when gauging a firm’s overall liquidity profile. Rapid changes in pricing can indicate a firm is entering a period of constrained market access and subsequent liquidity stress. For institutions whose primary regulator is not the Federal Reserve and who do not file FR 2052 reports, the FR 2420 data is intended primarily for monetary policy purposes. The Federal Reserve does not plan to share these data with other agencies. Clarifications and Other Issues One trade organization asked for clarification on several definitions, including counterparty types, embedded options on CDS, borrowings from GSEs VerDate Sep<11>2014 16:30 Jul 17, 2015 Jkt 235001 and FHLBs, deposits from non-financial corporations, and the office identifier on Part B. Each of these definitions will be updated with further clarification in the reporting instructions. The organization also asked for a formal process for Frequently Asked Questions. The Federal Reserve will have a process to document reporting questions and communicate these to reporters. Lastly, the organization asked for the Reporting Central application to be open for testing as soon as possible. The application will be available for testing at least one month before the implementation dates. One commenter provided additional comments outside the scope of the data collection proposal that focused on the calculation of the published rates. Board of Governors of the Federal Reserve System, July 15, 2015. Robert deV. Frierson, Secretary of the Board. [FR Doc. 2015–17713 Filed 7–17–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RETIREMENT THRIFT INVESTMENT BOARD Sunshine Act; Notice of Meeting 9:00 a.m. (Eastern Time) July 27, 2015. PLACE: 10th Floor Board Meeting Room, 77 K Street NE., Washington, DC 20002. STATUS: Parts will be open to the public and parts closed to the public. MATTERS TO BE CONSIDERED: TIME AND DATE: Open to the Public 1. Approval of the Minutes of the June 25, 2015 Board Member Meeting 2. Monthly Reports (a) Monthly Participant Activity Report (b) Legislative Report 3. Quarterly Reports (a) Investment Policy Report (b) Vendor Financials (c) Audit Status (d) Budget Review (e) Project Activity Report 4. Withdrawal Options 5. Mutual Fund Window Project and Policy 6. Investment Consultant Memo 7. Impact of Proposed Changes to G Fund 8. Investment Advice Discussion Closed to the Public 9. Litigation 10. Security 11. Personnel Kimberly Weaver, Director, Office of External Affairs, (202) 942–1640. Frm 00020 Fmt 4703 [FR Doc. 2015–17870 Filed 7–16–15; 4:15 pm] BILLING CODE 6760–01–P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Proposed Collection; Comment Request Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’). ACTION: Notice. AGENCY: The FTC intends to ask the Office of Management and Budget (‘‘OMB’’) to extend through November 30, 2018, the current Paperwork Reduction Act (‘‘PRA’’) clearance for the information collection requirements in the FTC Red Flags, Card Issuers, and Address Discrepancies Rules 1 (‘‘Rules’’). That clearance expires on November 30, 2015. DATES: Comments must be submitted by September 18, 2015. ADDRESSES: Interested parties may file a comment online or on paper by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Red Flags Rule, PRA Comment, Project No. P095406’’ on your comment, and file your comment online at https://ftcpublic.commentworks.com/ ftc/RedFlagsPRA by following the instructions on the web-based form. If you prefer to file your comment on paper, mail or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex J), Washington, DC 20580, or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex J), Washington, DC 20024. FOR FURTHER INFORMATION CONTACT: Requests for additional information should be addressed to Steven Toporoff, Attorney, Bureau of Consumer Protection, (202) 326–2252, Federal Trade Commission, 600 Pennsylvania Avenue, Washington, DC 20580. SUPPLEMENTARY INFORMATION: SUMMARY: I. Overview of the Rules CONTACT PERSON FOR MORE INFORMATION: PO 00000 Dated: July 16, 2015. James Petrick, General Counsel, Federal Retirement Thrift Investment Board. Sfmt 4703 The Red Flags Rule requires financial institutions and certain creditors to develop and implement written Identity 1 16 E:\FR\FM\20JYN1.SGM CFR 681.1; 16 CFR 681.2; 16 CFR part 641. 20JYN1

Agencies

[Federal Register Volume 80, Number 138 (Monday, July 20, 2015)]
[Notices]
[Page 42806]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-17870]


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FEDERAL RETIREMENT THRIFT INVESTMENT BOARD


Sunshine Act; Notice of Meeting

TIME AND DATE: 9:00 a.m. (Eastern Time) July 27, 2015.

PLACE: 10th Floor Board Meeting Room, 77 K Street NE., Washington, DC 
20002.

STATUS: Parts will be open to the public and parts closed to the 
public.

MATTERS TO BE CONSIDERED: 

Open to the Public

1. Approval of the Minutes of the June 25, 2015 Board Member Meeting
2. Monthly Reports
    (a) Monthly Participant Activity Report
    (b) Legislative Report
3. Quarterly Reports
    (a) Investment Policy Report
    (b) Vendor Financials
    (c) Audit Status
    (d) Budget Review
    (e) Project Activity Report
4. Withdrawal Options
5. Mutual Fund Window Project and Policy
6. Investment Consultant Memo
7. Impact of Proposed Changes to G Fund
8. Investment Advice Discussion

Closed to the Public

9. Litigation
10. Security
11. Personnel

CONTACT PERSON FOR MORE INFORMATION: Kimberly Weaver, Director, Office 
of External Affairs, (202) 942-1640.

    Dated: July 16, 2015.
James Petrick,
General Counsel, Federal Retirement Thrift Investment Board.
[FR Doc. 2015-17870 Filed 7-16-15; 4:15 pm]
BILLING CODE 6760-01-P