Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 38907 [2017-17317]
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asabaliauskas on DSKBBXCHB2PROD with NOTICES
Federal Register / Vol. 82, No. 157 / Wednesday, August 16, 2017 / Notices
requirement is mandatory. Compliance
by financial companies with the
transactional reporting requirements is
required in order to obtain the benefit of
Board consent to consummation of the
transactions.
Section 251.6 and FR XX–1. As noted,
the required reporting of calendar yearend liabilities under section 251.6 of
Regulation XX can be satisfied by many
financial companies through their
continued reporting of consolidated
financial information to the Board or
other appropriate Federal banking
agency though the various reports listed
above. The information collected on
those forms has been the subject of
separate authorization and
confidentiality determinations. With
regard to the collection of the specific
information at issue, calendar year-end
liabilities (including as collected on the
FR XX–1), such information generally is
not considered confidential, but some
information, depending on the
circumstances, may be the type of
confidential commercial and financial
information that may be withheld under
exemption 4 of the Freedom of
Information Act (FOIA) (5 U.S.C
552(b)(4)). As required information, it
may be withheld under exemption 4 on
a case-by-case basis only if public
disclosure could result in substantial
competitive harm to the submitting
institution. Any request from a
submitter for confidential treatment
should be accompanied by a detailed
justification for confidentiality.
Section 251.4. The information
collected under section 251.4 (under
both its prior written consent provision
for individual transactions and the
general consent authority) consists of (1)
a description of the acquisition and (2)
the change in and resultant aggregate
amount of financial company liabilities.
The reported liabilities information, in
like fashion to the liabilities information
reported under section 251.6, generally
is not considered confidential but,
depending on the circumstances, may
be the type of confidential commercial
and financial information that may be
withheld under exemption 4 of FOIA.
The description of the individual
acquisitions provided under the prior
written consent provisions generally
would not be deemed confidential, but
that some such information may be of
the type that could be withheld under
exemption 4 on a case-by-case basis,
under the standards enumerated above.
VerDate Sep<11>2014
18:33 Aug 15, 2017
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38907
Board of Governors of the Federal Reserve
System, August 11, 2017.
Ann E. Misback,
Secretary of the Board.
Board of Governors of the Federal Reserve
System, August 11, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017–17344 Filed 8–15–17; 8:45 am]
[FR Doc. 2017–17317 Filed 8–15–17; 8:45 am]
BILLING CODE 6210–01–P
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
FEDERAL TRADE COMMISSION
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
Agency Information Collection
Activities; Proposed Collection;
Comment Request
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 September 11,
2017.
A. Federal Reserve Bank of
Philadelphia (William Spaniel, Senior
Vice President) 100 North 6th Street,
Philadelphia, Pennsylvania 19105–
1521. Comments can also be sent
electronically to
Comments.applications@phil.frb.org:
1. Sharon Mutual Holding Company,
and its wholly owned subsidiary Sharon
Bancorp, Inc., both of Darby,
Pennsylvania; to become bank holding
companies upon the revocation by
Sharon Savings Bank, Darby,
Pennsylvania, of its 10(l) election.
PO 00000
Frm 00033
Fmt 4703
Sfmt 4703
Federal Trade Commission
(‘‘FTC’’ or ‘‘Commission’’).
ACTION: Notice.
AGENCY:
The information collection
requirements described below will be
submitted to the Office of Management
and Budget (OMB) for review, as
required by the Paperwork Reduction
Act (PRA). The FTC seeks public
comments on its proposal to extend, for
three years, the current PRA clearance
for information collection requirements
contained in its Use of Prenotification
Negative Option Plans (‘‘Negative
Option Rule’’ or ‘‘Rule’’). That clearance
expires on November 30, 2017.
DATES: Comments must be submitted by
October 16, 2017.
ADDRESSES: Interested parties may file a
comment online or on paper by
following the instructions in the
Request for Comments part of the
SUPPLEMENTARY INFORMATION section
below. Write ‘‘Negative Option Rule:
FTC File No. P064202’’ on your
comment, and file your comment online
at https://ftcpublic.commentworks.com/
ftc/NegOptionPRA by following the
instructions on the Web-based form. If
you prefer to file your comment on
paper, mail 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 John Andrew
Singer, Attorney, Division of
Enforcement, Bureau of Consumer
Protection, Federal Trade Commission,
600 Pennsylvania Avenue NW., CC–
9528, Washington, DC 20580, (202) 326–
3234.
SUPPLEMENTARY INFORMATION: Under the
PRA, 44 U.S.C. 3501–3521, federal
agencies must obtain approval from
SUMMARY:
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[Federal Register Volume 82, Number 157 (Wednesday, August 16, 2017)]
[Notices]
[Page 38907]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-17317]
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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 September 11, 2017.
A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to
Comments.applications@phil.frb.org:
1. Sharon Mutual Holding Company, and its wholly owned subsidiary
Sharon Bancorp, Inc., both of Darby, Pennsylvania; to become bank
holding companies upon the revocation by Sharon Savings Bank, Darby,
Pennsylvania, of its 10(l) election.
Board of Governors of the Federal Reserve System, August 11,
2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-17317 Filed 8-15-17; 8:45 am]
BILLING CODE 6210-01-P
