Agency Information Collection Activities; Submission for OMB Review; Comment Request, 8425-8426 [2017-01650]

Download as PDF Federal Register / Vol. 82, No. 15 / Wednesday, January 25, 2017 / Notices The First State Bank and Trust Company of Larned, Larned, Kansas. FEDERAL RESERVE SYSTEM mstockstill on DSK3G9T082PROD 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 February 14, 2017. A. Federal Reserve Bank of Dallas: (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201–2272: 1. Randall D. Lowery and Melody Lowery, both from Huntington, Texas, individually, and together as a group acting in concert; to acquire shares of Huntington Bancshares, Inc., and thereby indirectly acquire shares of Huntington State Bank, Huntington, Texas, both in Huntington, Texas. B. Federal Reserve Bank of Richmond: (Adam M. Drimer, Assistant Vice President) 701 East Byrd Street, Richmond, Virginia 23261–4528. Comments can also be sent electronically to or Comments.applications@rich.frb.org: 1. George W. McCall, Cedar Bluff, Virginia, to join a group acting in concert with Haley McLaren, Connor McCall, both of Richmond, Virginia; Lisa Merritt, Asheville, North Carolina; Jack D. Merritt, Jr., Abingdon, Virginia; and George W. McCall, as trustee of the First Sentinel Bank ESOP, Richlands, Virginia; and thereby indirectly retain control of First Region Bancshares, Inc., and First Sentinel Bank, both of Richlands, Virginia. C. Federal Reserve Bank of Kansas City: (Dennis Denney, Assistant Vice President) 1 Memorial Drive, Kansas City, Missouri 64198–0001: 1. Douglas Briggs and Leigh Briggs, both of Olathe, Kansas; Christina Peters, Jodi Peters Lightfoot, all from Steamboat Springs, Colorado; to join a group and to retain and acquire additional shares of First State Financial Corporation, Overland Park, Kansas, and indirectly VerDate Sep<11>2014 20:29 Jan 24, 2017 Jkt 241001 Board of Governors of the Federal Reserve System, January 19, 2017. Yao Chin Chao, Assistant Secretary of the Board. [FR Doc. 2017–01670 Filed 1–24–17; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION Agency Information Collection Activities; Submission for OMB Review; Comment Request Federal Trade Commission (‘‘FTC’’). ACTION: Notice and request for comment. AGENCY: In compliance with the Paperwork Reduction Act (PRA) of 1995, the FTC is seeking public comments on its request to OMB for a three-year extension of the current PRA clearance for the FTC’s portion of the information collection requirements contained in the Consumer Financial Protection Bureau’s Regulation O (the Mortgage Assistance Relief Services Rule). The FTC shares enforcement of Regulation O with the Consumer Financial Protection Bureau (‘‘CFPB’’). This clearance expires on January 31, 2017. DATES: Comments must be received by February 24, 2017. 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 ‘‘Regulation O PRA Comment, FTC File No. P134812’’ on your comment, and file your comment online at https:// ftcpublic.commentworks.com/ftc/ regulationopra2 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 or copies of the proposed information requirements should be addressed to Rebecca Unruh, Attorney, Division of Financial Practices, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Ave. NW., Washington, DC 20580, (202) 326–3565. SUPPLEMENTARY INFORMATION: Title: Mortgage Assistance Relief Services Rule (Regulation O), 12 CFR part 1015. OMB Control Number: 3084–0157. Type of Review: Extension of a currently approved collection. Abstract: On November 17, 2016, the FTC sought public comment on the SUMMARY: FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and Mergers of Bank Holding Companies 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 indicated or the offices of the Board of Governors not later than February 21, 2017. A. Federal Reserve Bank of Dallas (Robert L. Triplett III, Senior Vice President) 2200 North Pearl Street, Dallas, Texas 75201–2272: 1. Veritex Holdings, Inc., Dallas, Texas; to merge with Sovereign Bancshares, Inc., and indirectly acquire Sovereign Bank, both of Dallas, Texas. Board of Governors of the Federal Reserve System, January 19, 2017. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2017–01680 Filed 1–24–17; 8:45 am] BILLING CODE 6210–01–P PO 00000 Frm 00030 Fmt 4703 Sfmt 4703 8425 E:\FR\FM\25JAN1.SGM 25JAN1 8426 Federal Register / Vol. 82, No. 15 / Wednesday, January 25, 2017 / Notices mstockstill on DSK3G9T082PROD with NOTICES information collection requirements associated with Regulation O. 81 FR 81140. No germane comments were received.1 Pursuant to the OMB regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et seq., the FTC is providing this second opportunity for public comment while seeking OMB approval to renew the preexisting clearance for the Rule. Because the FTC and CFPB share enforcement authority for this rule, the FTC is seeking clearance for one-half of the following estimated PRA burden that the FTC attributes to the disclosure requirements under Regulation O. The potential entities providing MARS services are varied, and there are no ways to formally track them. By extension, there is no clear path to track how many affected individual entities have newly entered and departed from one year to the next or from one triennial PRA clearance cycle to the next. However, based on law enforcement experience and the CFPB’s recent analysis conducted after the MARS Rule was restated as Regulation O, the FTC estimates that Regulation O affects roughly 107 MARS providers.2 This estimate informs the additional estimates detailed below. Estimated annual hours burden: 321 (for the FTC). The above hours estimate is based on the assumption that compliance with all MARS disclosures requires 6 hours of labor annually. Multiplying this figure by 107 entities yields a total burden of 642 hours, of which 321 hours are attributed to the FTC. Estimated annual labor cost: $10,677 (for the FTC). Commission staff assumes that a compliance officer or equivalent will prepare the required disclosures for 6 hours annually at an hourly rate of $33.26. Thus, the estimated labor cost is $21,353 (107 providers × 6 hours × $33.26) of which the FTC assumes half, or $10,677. Estimated annual non-labor cost: $29,425 (for the FTC). Based on the CFPB’s analysis, the FTC assumes that each of the estimated 107 MARS providers bears an additional $550 in material fees for acquiring relevant legal and technical compliance information, for a total additional burden of $58,850, of which the FTC 1 The Commission received four non-germane comments. 2 See Bureau of Consumer Financial Protection, Agency Information Collection Activities: Submission for OMB Review; Supporting Statement (Jul. 23, 2015), available at http://www.reginfo.gov/ public/do/PRAViewDocument?ref_nbr=2015073170-002; OMB Control No: 3170–0007, clearance expires on Sept. 30, 2018. VerDate Sep<11>2014 20:29 Jan 24, 2017 Jkt 241001 assumes half, or $29,425. Based on law enforcement experience, the FTC assumes that any disclosures will likely be made electronically and thus will not generate additional non-labor costs such as printing and distribution. Request for Comment You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before February 24, 2017. Write ‘‘Regulation O, PRA Comment, FTC File No. P134812’’ 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, such as 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 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 are required to follow the procedure explained in FTC Rule 4.9(c), 16 CFR 4.9(c). Your comment will be kept confidential only if the FTC General Counsel 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 comment online, or to send it to the Commission by courier or overnight PO 00000 Frm 00031 Fmt 4703 Sfmt 9990 service. To make sure that the Commission considers your online comment, you must file it at https:// ftcpublic.commentworks.com/ftc/ regulationopra2, by following the instructions on the web-based form. If this Notice appears at http:// www.regulations.gov, you also may file a comment through that Web site. If you file your comment on paper, write ‘‘Regulation O, PRA Comment, FTC File No. P134812’’ on your comment and on the envelope, and mail or deliver it to the following address: Federal Trade Commission, Office of the Secretary, Room H–113 (Annex J), 600 Pennsylvania Avenue NW., 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. 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. 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 February 24, 2017. You can find more information, including routine uses permitted by the Privacy Act, in the Commission’s privacy policy, at http://www.ftc.gov/ftc/privacy.shtm. Comments on the information collection requirements subject to review under the PRA should also be submitted to OMB. If sent by U.S. mail, address comments to: Office of Information and Regulatory Affairs, Office of Management and Budget, Attention: Desk Officer for the Federal Trade Commission, New Executive Office Building, Docket Library, Room 10102, 725 17th Street NW., Washington, DC 20503. Comments sent to OMB by U.S. postal mail, however, are subject to delays due to heightened security precautions. Thus, comments instead should be sent by facsimile to (202) 395–5167. Christian S. White, Deputy General Counsel. [FR Doc. 2017–01650 Filed 1–24–17; 8:45 am] BILLING CODE 6750–01–P E:\FR\FM\25JAN1.SGM 25JAN1

Agencies

[Federal Register Volume 82, Number 15 (Wednesday, January 25, 2017)]
[Notices]
[Pages 8425-8426]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-01650]


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FEDERAL TRADE COMMISSION


 Agency Information Collection Activities; Submission for OMB 
Review; Comment Request

AGENCY: Federal Trade Commission (``FTC'').

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: In compliance with the Paperwork Reduction Act (PRA) of 1995, 
the FTC is seeking public comments on its request to OMB for a three-
year extension of the current PRA clearance for the FTC's portion of 
the information collection requirements contained in the Consumer 
Financial Protection Bureau's Regulation O (the Mortgage Assistance 
Relief Services Rule). The FTC shares enforcement of Regulation O with 
the Consumer Financial Protection Bureau (``CFPB''). This clearance 
expires on January 31, 2017.

DATES: Comments must be received by February 24, 2017.

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 ``Regulation O PRA 
Comment, FTC File No. P134812'' on your comment, and file your comment 
online at https://ftcpublic.commentworks.com/ftc/regulationopra2 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 or 
copies of the proposed information requirements should be addressed to 
Rebecca Unruh, Attorney, Division of Financial Practices, Bureau of 
Consumer Protection, Federal Trade Commission, 600 Pennsylvania Ave. 
NW., Washington, DC 20580, (202) 326-3565.

SUPPLEMENTARY INFORMATION:
    Title: Mortgage Assistance Relief Services Rule (Regulation O), 12 
CFR part 1015.
    OMB Control Number: 3084-0157.
    Type of Review: Extension of a currently approved collection.
    Abstract: On November 17, 2016, the FTC sought public comment on 
the

[[Page 8426]]

information collection requirements associated with Regulation O. 81 FR 
81140. No germane comments were received.\1\ Pursuant to the OMB 
regulations, 5 CFR part 1320, that implement the PRA, 44 U.S.C. 3501 et 
seq., the FTC is providing this second opportunity for public comment 
while seeking OMB approval to renew the pre-existing clearance for the 
Rule.
---------------------------------------------------------------------------

    \1\ The Commission received four non-germane comments.
---------------------------------------------------------------------------

    Because the FTC and CFPB share enforcement authority for this rule, 
the FTC is seeking clearance for one-half of the following estimated 
PRA burden that the FTC attributes to the disclosure requirements under 
Regulation O. The potential entities providing MARS services are 
varied, and there are no ways to formally track them. By extension, 
there is no clear path to track how many affected individual entities 
have newly entered and departed from one year to the next or from one 
triennial PRA clearance cycle to the next. However, based on law 
enforcement experience and the CFPB's recent analysis conducted after 
the MARS Rule was restated as Regulation O, the FTC estimates that 
Regulation O affects roughly 107 MARS providers.\2\ This estimate 
informs the additional estimates detailed below.
---------------------------------------------------------------------------

    \2\ See Bureau of Consumer Financial Protection, Agency 
Information Collection Activities: Submission for OMB Review; 
Supporting Statement (Jul. 23, 2015), available at http://www.reginfo.gov/public/do/PRAViewDocument?ref_nbr=201507-3170-002; 
OMB Control No: 3170-0007, clearance expires on Sept. 30, 2018.
---------------------------------------------------------------------------

    Estimated annual hours burden: 321 (for the FTC).
    The above hours estimate is based on the assumption that compliance 
with all MARS disclosures requires 6 hours of labor annually. 
Multiplying this figure by 107 entities yields a total burden of 642 
hours, of which 321 hours are attributed to the FTC.
    Estimated annual labor cost: $10,677 (for the FTC).
    Commission staff assumes that a compliance officer or equivalent 
will prepare the required disclosures for 6 hours annually at an hourly 
rate of $33.26. Thus, the estimated labor cost is $21,353 (107 
providers x 6 hours x $33.26) of which the FTC assumes half, or 
$10,677.
    Estimated annual non-labor cost: $29,425 (for the FTC).
    Based on the CFPB's analysis, the FTC assumes that each of the 
estimated 107 MARS providers bears an additional $550 in material fees 
for acquiring relevant legal and technical compliance information, for 
a total additional burden of $58,850, of which the FTC assumes half, or 
$29,425. Based on law enforcement experience, the FTC assumes that any 
disclosures will likely be made electronically and thus will not 
generate additional non-labor costs such as printing and distribution.

Request for Comment

    You can file a comment online or on paper. For the Commission to 
consider your comment, we must receive it on or before February 24, 
2017. Write ``Regulation O, PRA Comment, FTC File No. P134812'' 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, such as 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 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 are required to follow the procedure 
explained in FTC Rule 4.9(c), 16 CFR 4.9(c). Your comment will be kept 
confidential only if the FTC General Counsel 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 comment online, or to send it to the Commission by courier or 
overnight service. To make sure that the Commission considers your 
online comment, you must file it at https://ftcpublic.commentworks.com/ftc/regulationopra2, by following the instructions on the web-based 
form. If this Notice appears at http://www.regulations.gov, you also 
may file a comment through that Web site.
    If you file your comment on paper, write ``Regulation O, PRA 
Comment, FTC File No. P134812'' on your comment and on the envelope, 
and mail or deliver it to the following address: Federal Trade 
Commission, Office of the Secretary, Room H-113 (Annex J), 600 
Pennsylvania Avenue NW., 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. 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. 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 February 24, 
2017. You can find more information, including routine uses permitted 
by the Privacy Act, in the Commission's privacy policy, at http://www.ftc.gov/ftc/privacy.shtm.
    Comments on the information collection requirements subject to 
review under the PRA should also be submitted to OMB. If sent by U.S. 
mail, address comments to: Office of Information and Regulatory 
Affairs, Office of Management and Budget, Attention: Desk Officer for 
the Federal Trade Commission, New Executive Office Building, Docket 
Library, Room 10102, 725 17th Street NW., Washington, DC 20503. 
Comments sent to OMB by U.S. postal mail, however, are subject to 
delays due to heightened security precautions. Thus, comments instead 
should be sent by facsimile to (202) 395-5167.

Christian S. White,
Deputy General Counsel.
[FR Doc. 2017-01650 Filed 1-24-17; 8:45 am]
 BILLING CODE 6750-01-P