Notice of Proposals to Engage in or to Acquire Companies Engaged in Permissible Nonbanking Activities, 75104-75105 [2015-30437]

Download as PDF 75104 Federal Register / Vol. 80, No. 230 / Tuesday, December 1, 2015 / Notices 3. The questions on algorithmic and high frequency trading would be deleted as this item is being deleted by the BIS. The deletion will ensure the FR 3036 aligns with the BIS survey. 4. The questions on the number of business days, estimated coverage of the survey and concentration levels, and trading activity trends would be deleted. The FRBNY will coordinate responses to these questions with the Secretary of the New York Foreign Exchange Committee and its Operations Subcommittee. This change will allow for an improvement in data quality as it eliminates issues with dealer weighting and poor response rates. 5. The questions on ‘‘retail-driven’’ transactions would be deleted. The FRBNY will coordinate responses to these questions with the Secretary of the New York Foreign Exchange Committee and its Operations Subcommittee. This change will allow for an improvement in data quality as it eliminates issues with dealer weighting and poor response rates. Board of Governors of the Federal Reserve System, November 25, 2015. Robert deV. Frierson, Secretary of the Board. Trustees of The Van Sanders Revocable Trust, Minneapolis, Minnesota; to join the Tychman/Sanders Group, and acquire voting shares of The Tysan Corporation, Minneapolis, Minnesota, and thereby indirectly acquire voting shares of Lake Community Bank, Long Lake, Minnesota, and Pine Country Bank, Little Falls, Minnesota. B. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201–2272: 1. The Morris Family Trust, Frank E. Morris and Janet G. Morris, Gainesville, Texas, as Trustees and to join the Morris Family Group, a group acting in concert; to retain voting shares of Red River Bancorp, Inc., and thereby indirectly retain voting shares of First State Bank, both in Gainesville, Texas. Board of Governors of the Federal Reserve System, November 25, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–30438 Filed 11–30–15; 8:45 am] BILLING CODE 6210–01–P [FR Doc. 2015–30446 Filed 11–30–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies FEDERAL RESERVE SYSTEM tkelley on DSK3SPTVN1PROD with NOTICES Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of 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 offices 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 December 15, 2015. A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. James N. Sanders, Plymouth, Minnesota, as managing member of Thanh Van LLC, Minneapolis, Minnesota, Van Sanders, Plymouth, Minnesota, as managing member of JNS LLC, Minneapolis, Minnesota, and James N. Sanders and Van Sanders, VerDate Sep<11>2014 23:35 Nov 30, 2015 Jkt 238001 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 will also 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. Unless otherwise noted, comments regarding each of these applications must be received at the Reserve Bank PO 00000 Frm 00062 Fmt 4703 Sfmt 4703 indicated or the offices of the Board of Governors not later than December 24, 2015. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. Level One Bancorp, Inc., Farmington Hills, Michigan; to acquire 100 percent of the voting shares of Bank of Michigan, Farmington Hills, Michigan. Board of Governors of the Federal Reserve System, November 25, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–30436 Filed 11–30–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in or to Acquire Companies 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. Unless otherwise noted, comments regarding the notices must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than December 15, 2015. A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Tradition Bancshares, Inc., Edina, Minnesota; to acquire 22 percent of the voting shares of First Lawyers Trust Company, Rapid City, South Dakota, and thereby engage in trust company functions, pursuant to section 225.28(b)(5). E:\FR\FM\01DEN1.SGM 01DEN1 Federal Register / Vol. 80, No. 230 / Tuesday, December 1, 2015 / Notices B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Stockmens Financial Corporation, and Stockmens Limited Partnership, both in Rapid City, South Dakota, to acquire 22 percent of the voting shares of First Lawyers Trust Company, Rapid City, South Dakota, and thereby continue to engage in trust activities, pursuant to section 225.28(b)(5). Board of Governors of the Federal Reserve System, November 25, 2015. Michael J. Lewandowski, Associate Secretary of the Board. [FR Doc. 2015–30437 Filed 11–30–15; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION [File No. 142 3133] Progressive Chevrolet Company and Progressive Motors, Inc.; Analysis of Proposed Consent Order To Aid Public Comment Federal Trade Commission. Proposed consent agreement. AGENCY: ACTION: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair or deceptive acts or practices. The attached Analysis to Aid Public Comment describes both the allegations in the draft complaint and the terms of the consent order—embodied in the consent agreement—that would settle these allegations. SUMMARY: Comments must be received on or before December 28, 2015. ADDRESSES: Interested parties may file a comment at https://ftcpublic.comment works.com/ftc/progressivechevrolet consent online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Progressive Chevrolet Company and Progressive Motors, Inc.—Consent Agreement; File No. 142 3133’’ on your comment and file your comment online at https://ftcpublic.commentworks.com/ ftc/progressivechevroletconsent by following the instructions on the webbased form. If you prefer to file your comment on paper, write ‘‘Progressive Chevrolet Company and Progressive Motors, Inc.—Consent Agreement; File No. 142 3133’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex D), Washington, DC tkelley on DSK3SPTVN1PROD with NOTICES DATES: VerDate Sep<11>2014 23:35 Nov 30, 2015 Jkt 238001 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 D), Washington, DC 20024. FOR FURTHER INFORMATION CONTACT: Michael Rose, East Central Region, (216) 263–3412, 1111 Superior Avenue, Suite 200, Cleveland, OH 44114. SUPPLEMENTARY INFORMATION: Pursuant to Section 6(f) of the Federal Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34, notice is hereby given that the above-captioned consent agreement containing consent order to cease and desist, having been filed with and accepted, subject to final approval, by the Commission, has been placed on the public record for a period of thirty (30) days. The following Analysis to Aid Public Comment describes the terms of the consent agreement, and the allegations in the complaint. An electronic copy of the full text of the consent agreement package can be obtained from the FTC Home Page (for November 24, 2015), on the World Wide Web at: http://www.ftc. gov/os/actions.shtm. You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before December 28, 2015. Write ‘‘Progressive Chevrolet Company and Progressive Motors, Inc.—Consent Agreement; File No. 142 3133’’ on your comment. Your comment—including your name and your state—will be placed on the public record of this proceeding, including, to the extent practicable, on the public Commission Web site, at http://www.ftc.gov/os/ publiccomments.shtm. As a matter of discretion, the Commission tries to remove individuals’ home contact information from comments before placing them on the Commission Web site. Because your comment will be made public, you are solely responsible for making sure that your comment does not include any sensitive personal information, like anyone’s Social Security number, date of birth, driver’s license number or other state identification number or foreign country equivalent, passport number, financial account number, or credit or debit card number. You are also solely responsible for making sure that your comment does not include any sensitive health information, like medical records or other individually identifiable health information. In addition, do not include any ‘‘[t]rade secret or any commercial or financial information which . . . is privileged or confidential,’’ as discussed PO 00000 Frm 00063 Fmt 4703 Sfmt 4703 75105 in Section 6(f) of the FTC Act, 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2). In particular, do not include competitively sensitive information such as costs, sales statistics, inventories, formulas, patterns, devices, manufacturing processes, or customer names. If you want the Commission to give your comment confidential treatment, you must file it in paper form, with a request for confidential treatment, and you have to follow the procedure explained in FTC Rule 4.9(c), 16 CFR 4.9(c).1 Your comment will be kept confidential only if the FTC General Counsel, in his or her sole discretion, grants your request in accordance with the law and the public interest. Postal mail addressed to the Commission is subject to delay due to heightened security screening. As a result, we encourage you to submit your comments online. To make sure that the Commission considers your online comment, you must file it at https:// ftcpublic.commentworks.com/ftc/ progressivechevroletconsent by following the instructions on the webbased form. If this Notice appears at http://www.regulations.gov/#!home, you also may file a comment through that Web site. If you file your comment on paper, write ‘‘Progressive Chevrolet Company and Progressive Motors, Inc.—Consent Agreement; File No. 142 3133’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex D), 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 D), Washington, DC 20024. If possible, submit your paper comment to the Commission by courier or overnight service. Visit the Commission Web site at http://www.ftc.gov to read this Notice and the news release describing it. The FTC Act and other laws that the Commission administers permit the collection of public comments to consider and use in this proceeding as appropriate. The Commission will consider all timely and responsive public comments that it receives on or before December 28, 2015. You can find more information, including routine 1 In particular, the written request for confidential treatment that accompanies the comment must include the factual and legal basis for the request, and must identify the specific portions of the comment to be withheld from the public record. See FTC Rule 4.9(c), 16 CFR 4.9(c). E:\FR\FM\01DEN1.SGM 01DEN1

Agencies

[Federal Register Volume 80, Number 230 (Tuesday, December 1, 2015)]
[Notices]
[Pages 75104-75105]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-30437]


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FEDERAL RESERVE SYSTEM


Notice of Proposals to Engage in or to Acquire Companies 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.
    Unless otherwise noted, comments regarding the notices must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than December 15, 2015.
    A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Tradition Bancshares, Inc., Edina, Minnesota; to acquire 22 
percent of the voting shares of First Lawyers Trust Company, Rapid 
City, South Dakota, and thereby engage in trust company functions, 
pursuant to section 225.28(b)(5).

[[Page 75105]]

    B. Federal Reserve Bank of Kansas City (Dennis Denney, Assistant 
Vice President) 1 Memorial Drive, Kansas City, Missouri 64198-0001:
    1. Stockmens Financial Corporation, and Stockmens Limited 
Partnership, both in Rapid City, South Dakota, to acquire 22 percent of 
the voting shares of First Lawyers Trust Company, Rapid City, South 
Dakota, and thereby continue to engage in trust activities, pursuant to 
section 225.28(b)(5).

    Board of Governors of the Federal Reserve System, November 25, 
2015.
Michael J. Lewandowski,
Associate Secretary of the Board.
[FR Doc. 2015-30437 Filed 11-30-15; 8:45 am]
BILLING CODE 6210-01-P