Proposed Agency Information Collection Activities; Comment Request, 13044-13046 [2019-06434]

Download as PDF 13044 Federal Register / Vol. 84, No. 64 / Wednesday, April 3, 2019 / Notices information concerning their agreements for interconnection of an international private line to the U.S. public switched network. The Commission declined in the ISP Reform Order to adopt proposed rules requiring U.S.-international carriers to file, or provide notice of, agreements with foreign carriers to exchange traffic at rates that exceeded the Commission’s ‘‘benchmark’’ settlement rates. The Commission stated that it would require U.S. carriers to provide information about any above-benchmark settlement rates on an as-needed basis in connection with an investigation of competition problems or a review of high consumer rates on particular routes, according confidential treatment to the information. Federal Communications Commission. Cecilia Sigmund, Federal Register Liaison. [FR Doc. 2019–06470 Filed 4–2–19; 8:45 am] BILLING CODE 6712–01–P FEDERAL DEPOSIT INSURANCE CORPORATION khammond on DSKBBV9HB2PROD with NOTICES Sunshine Act Meeting Pursuant to the provisions of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b), notice is hereby given that at 10:38 a.m. on Friday, March 29, 2019, the Board of Directors of the Federal Deposit Insurance Corporation met in closed session to consider matters related to the Corporation’s supervision, corporate, and resolution activities. In calling the meeting, the Board determined, on motion of Director Martin J. Gruenberg, seconded by Director Kathleen L. Kraninger (Director, Consumer Financial Protection Bureau), and concurred in by Director Joseph M. Otting (Comptroller of the Currency), and Chairman Jelena McWilliams, that Corporation business required its consideration of the matters which were to be the subject of this meeting on less than seven days’ notice to the public; that no earlier notice of the meeting was practicable; that the public interest did not require consideration of the matters in a meeting open to public observation; and that the matters could be considered in a closed meeting by authority of subsections (c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), and (c)(9)(B) of the ‘‘Government in the Sunshine Act’’ (5 U.S.C. 552b(c)(2), (c)(4), (c)(6), (c)(8), (c)(9)(A)(ii), and (c)(9)(B)). Dated: March 29, 2019. VerDate Sep<11>2014 17:19 Apr 02, 2019 Federal Deposit Insurance Corporation. Robert E. Feldman, Executive Secretary. [FR Doc. 2019–06542 Filed 4–1–19; 11:15 am] BILLING CODE 6714–01–P FEDERAL MARITIME COMMISSION Notice of Agreements Filed The Commission hereby gives notice of the filing of the following agreements under the Shipping Act of 1984. Interested parties may submit comments on the agreements to the Secretary by email at Secretary@fmc.gov, or by mail, Federal Maritime Commission, Washington, DC 20573, within twelve days of the date this notice appears in the Federal Register. Copies of agreements are available through the Commission’s website (www.fmc.gov) or by contacting the Office of Agreements at (202) 523–5793 or tradeanalysis@ fmc.gov. Agreement No.: 008005–014. Agreement Name: New York Terminal Conference. Parties: APM Terminals Elizabeth, LC; GCT Bayonne LP; GCT New York LP; Port Newark Container Terminal LLC; and Red Hook Container Terminal LLC. Filing Party: Christopher DeLacy; Holland & Knight. Synopsis: The amendment appoints a new agent consistent with the terms of the Agreement. Proposed Effective Date: 3/22/2019. Location: https://www2.fmc.gov/ FMC.Agreements.Web/Public/ AgreementHistory/04242. Agreement No.: 201292. Agreement Name: Puerto Nuevo Terminals LLC Cooperative Working Agreement. Parties: Luis A. Ayala Colon Sucrs., Inc. and Puerto Rico Terminals, LLC. Filing Party: Matthew Thomas; Blank Rome LLP. Synopsis: The Agreement would authorize Luis A. Ayala Colon (LAC) and Puerto Rico Terminals (PRT), an affiliate of Tote Maritime, to form Puerto Nuevo Terminals (PNT) to operate a marine terminal and provide container stevedoring, terminal and related services in the Port of San Juan, Puerto Rico. Proposed Effective Date: 5/11/2019. Location: https://www2.fmc.gov/ FMC.Agreements.Web/Public/ AgreementHistory/21354. Dated: March 29, 2019. JoAnne D. O’ Bryant, Program Analyst. Jkt 247001 PO 00000 Frm 00043 Fmt 4703 Sfmt 4703 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 April 29, 2019. A. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. First Holding Company of Cavalier, Inc., Cavalier, North Dakota; to acquire 100 percent of the voting shares of Northern Sky Bank, Crookston, Minnesota. Board of Governors of the Federal Reserve System, March 29, 2019. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2019–06469 Filed 4–2–19; 8:45 am] BILLING CODE P FEDERAL RESERVE SYSTEM Proposed Agency Information Collection Activities; Comment Request Board of Governors of the Federal Reserve System. ACTION: Notice, request for comment. AGENCY: [FR Doc. 2019–06475 Filed 4–2–19; 8:45 am] BILLING CODE 6731–AA–P FEDERAL RESERVE SYSTEM E:\FR\FM\03APN1.SGM 03APN1 Federal Register / Vol. 84, No. 64 / Wednesday, April 3, 2019 / Notices The Board of Governors of the Federal Reserve System (Board) invites comment on a proposal to extend for three years, with revision, the Request for Extension of Time to Dispose of Assets Acquired in Satisfaction of Debts Previously Contracted (FR 4006; OMB No. 7100–0129). DATES: Comments must be submitted on or before June 3, 2019. ADDRESSES: You may submit comments, identified by FR 4006, by any of the following methods: • Agency Website: http:// www.federalreserve.gov. Follow the instructions for submitting comments at http://www.federalreserve.gov/apps/ foia/proposedregs.aspx. • Email: regs.comments@ federalreserve.gov. Include OMB number in the subject line of the message. • FAX: (202) 452–3819 or (202) 452– 3102. • Mail: Ann E. Misback, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue NW, Washington, DC 20551. All public comments are available from the Board’s website at http:// www.federalreserve.gov/apps/foia/ proposedregs.aspx as submitted, unless modified for technical reasons. Accordingly, your comments will not be edited to remove any identifying or contact information. Public comments may also be viewed electronically or in paper in Room 146, 1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 5:00 p.m. on weekdays. For security reasons, the Board requires that visitors make an appointment to inspect comments. You may do so by calling (202) 452–3684. Upon arrival, visitors will be required to present valid government-issued photo identification and to submit to security screening in order to inspect and photocopy comments. Additionally, commenters may send a copy of their comments to the OMB Desk Officer—Shagufta Ahmed—Office of Information and Regulatory Affairs, Office of Management and Budget, New Executive Office Building, Room 10235, 725 17th Street NW, Washington, DC 20503, or by fax to (202) 395–6974. FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, including the proposed reporting form and instructions, supporting statement, and other documentation will be placed into OMB’s public docket files, if approved. These documents will also be made available on the Board’s public website at http:// www.federalreserve.gov/apps/ khammond on DSKBBV9HB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:19 Apr 02, 2019 Jkt 247001 reportforms/review.aspx or may be requested from the agency clearance officer, whose name appears below. Federal Reserve Board Clearance Officer—Nuha Elmaghrabi—Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551, (202) 452–3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263–4869, Board of Governors of the Federal Reserve System, Washington, DC 20551. On June 15, 1984, the Office of Management and Budget (OMB) delegated to the Board authority under the Paperwork Reduction Act (PRA) to approve and assign OMB control numbers to collection of information requests and requirements conducted or sponsored by the Board. In exercising this delegated authority, the Board is directed to take every reasonable step to solicit comment. In determining whether to approve a collection of information, the Board will consider all comments received from the public and other agencies. SUPPLEMENTARY INFORMATION: Request for Comment on Information Collection Proposal The Board invites public comment on the following information collection, which is being reviewed under authority delegated by the OMB under the PRA. Comments are invited on the following: a. Whether the proposed collection of information is necessary for the proper performance of the Board’s functions, including whether the information has practical utility; b. The accuracy of the Board’s estimate of the burden of the proposed information collection, including the validity of the methodology and assumptions used; c. Ways to enhance the quality, utility, and clarity of the information to be collected; d. Ways to minimize the burden of information collection on respondents, including through the use of automated collection techniques or other forms of information technology; and e. Estimates of capital or startup costs and costs of operation, maintenance, and purchase of services to provide information. At the end of the comment period, the comments and recommendations received will be analyzed to determine the extent to which the Board should modify the proposal. PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 13045 Proposal Under OMB Delegated Authority To Extend for Three Years, With Revision, the Following Information Collection Report title: Request for Extension of Time to Dispose of Assets Acquired in Satisfaction of Debts Previously Contracted (DPC). Agency form number: FR 4006. OMB control number: 7100–0129. Frequency: Event-generated. Respondents: Bank holding companies. Estimated number of respondents: Section 3(a) DPC: 21; Section 4(c)(2) DPC: 42. Estimated average hours per response: Section 3(a) DPC: 5 hours; Section 4(c)(2) DPC: 5 hours. Estimated annual burden hours: Section 3(a) DPC: 105 hours; Section 4 (c)(2) DPC: 210 hours. General description of report: The Bank Holding Company Act (BHC Act) and the Board’s Regulation Y require a bank holding company (BHC) that acquired voting securities or assets through foreclosure or otherwise in the ordinary course of collecting a DPC to seek prior Board approval in order to retain ownership of those shares or assets for more than two years. There are no required formal reporting forms associated with this information collection (the FR 4006 designation is for internal purposes only). Instead, a BHC is required to submit any extension request to the Reserve Bank that has direct supervisory responsibility for the requesting BHC. The Board uses the information provided in the request to fulfill its statutory obligation to supervise BHCs. Proposed revisions: The Board is proposing to revise the FR 4006 to account for requests for an extension of the section 3(a) holding period for bank DPC property pursuant to section 225.12(b) of the Board’s Regulation Y. The FR 4006 currently does not account for this collection of information. Legal authorization and confidentiality: The FR 4006 is authorized pursuant to sections 3(a) and 4(c)(2) of the Bank Holding Company Act (BHC Act) 1 and sections 225.12(b) and 225.22(d) of Regulation Y.2 Under sections 3(a) and 4(c)(2) of the BHC Act and sections 225.12(b) and 225.22(d)(1) of the Board’s Regulation Y, a BHC is not required to seek prior Board approval before acquiring securities or assets in the ordinary course of collecting a DPC in good faith, if such securities or assets (the ‘‘DPC property’’) 1 12 2 12 E:\FR\FM\03APN1.SGM U.S.C. 1842(a) and 1843(c)(2). CFR 225.22(d). 03APN1 13046 Federal Register / Vol. 84, No. 64 / Wednesday, April 3, 2019 / Notices are divested within two years of acquisition. In order to hold the DPC property beyond the two-year period, a BHC is required to seek the approval of the Board. The two-year period may be extended by the Board for up to three additional years, and holdings in certain types of DPC property may be extended for up to five additional years (for a total of 10 years). Pursuant to section 225.12(b) of Regulation Y, a BHC may request an extension of the section 3(a) holding period for voting securities of a bank or BHC acquired in the ordinary course of collecting a DPC in good faith. Pursuant to section 225.22(d)(1) of Regulation Y, a BHC may request an extension of the section 4(c)(2) holding period for voting securities or assets of a nonbanking company acquired in the ordinary course of collecting a DPC in good faith. The FR 4006 is required to obtain the benefit of being permitted to retain ownership, for more than two years, of voting securities or assets acquired in the ordinary course of collection of a DPC. Individual respondents may request that information submitted to the Board, pursuant to sections 225.12(b) and 225.22(d) of Regulation Y, be kept confidential on a case-by-case basis. Such requests generally contain information related to how the BHC acquired shares or assets and the plans of the BHC to divest the shares or assets. Under certain circumstances, this information may qualify under exemption 4 of the Freedom of Information Act, which protects privileged or confidential commercial or financial information (5 U.S.C. 552(b)(4)). Board of Governors of the Federal Reserve System, March 28, 2019. Michele Taylor Fennell, Assistant Secretary of the Board. [FR Doc. 2019–06434 Filed 4–2–19; 8:45 am] BILLING CODE 6210–01–P GENERAL SERVICES ADMINISTRATION [Notice–WWICC–2019–01; Docket No. 2019– 0003; Sequence No. 1] khammond on DSKBBV9HB2PROD with NOTICES World War One Centennial Commission; Notification of Upcoming Public Advisory Meeting World War One Centennial Commission. ACTION: Meeting notice. AGENCY: Notice of this meeting is being provided according to the requirements of the Federal Advisory Committee Act. This notice provides the schedule and SUMMARY: VerDate Sep<11>2014 17:19 Apr 02, 2019 Jkt 247001 agenda for the May 14, 2019 meeting of the World War One Centennial Commission (the Commission). The meeting is open to the public. DATES: Meeting date: The meeting will be held on Tuesday, May 14, 2019, starting at 9:00 a.m. Central Daylight Time (CDT), and ending no later than 12:00 p.m., CDT. ADDRESSES: The meeting will be held at the National World War I Museum and Memorial, 100 W 26th Street, Kansas City, MO 64108. This location is handicapped accessible. The meeting will be open to the public. Persons attending are requested to refrain from using perfume, cologne, and other fragrances (see http://www.accessboard.gov/about/policies/fragrance.htm for more information). Written Comments may be submitted to the Commission and will be made part of the permanent record of the Commission. Comments must be received by 5:00 p.m. Eastern Daylight Time (EDT), May 10, 2019, and may be provided by email to daniel.dayton@ worldwar1centennial.org. Contact Daniel S. Dayton at daniel.dayton@ worldwar1centennial.org to register to comment during the meeting’s 30minute public comment period. Registered speakers/organizations will be allowed five (5) minutes and will need to provide written copies of their presentations. Requests to comment, together with presentations for the meeting, must be received by 5:00 p.m., EDT, on Friday, May 10, 2019. Please contact Mr. Dayton at the email address above to obtain meeting materials. FOR FURTHER INFORMATION CONTACT: Daniel S. Dayton, Designated Federal Officer, World War 1 Centennial Commission, 701 Pennsylvania Avenue NW, STE 123, Washington, DC 20004– 2608, or via telephone at 202–380–0725 (note: this is not a toll-free number). SUPPLEMENTARY INFORMATION: Background The World War One Centennial Commission was established by Public Law 112–272 (as amended), as a commission to ensure a suitable observance of the centennial of World War I, to provide for the designation of memorials to the service of members of the United States Armed Forces in World War I, and for other purposes. Under this authority, the Committee will plan, develop, and execute programs, projects, and activities to commemorate the centennial of World War I, encourage private organizations and State and local governments to organize and participate in activities commemorating the centennial of World PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 War I, facilitate and coordinate activities throughout the United States relating to the centennial of World War I, serve as a clearinghouse for the collection and dissemination of information about events and plans for the centennial of World War I, and develop recommendations for Congress and the President for commemorating the centennial of World War I. Further, pursuant to Public Law 113– 291 the Commission may enhance the General Pershing Commemorative Work by constructing a World War I Memorial incorporating appropriate sculptural and other commemorative elements, including landscaping, to further honor the service of members of the United States Armed Forces in World War I. Agenda: Tuesday May 14, 2019 Old Business • Approval of Minutes of last meeting New Business • Public Comment Period • Executive Director’s Report—Mr. Daniel Dayton • Financial Report—Commissioner Zoe Dunning • Legislative Update—Mr. Russell Orban • Fundraising Report—Commissioner Tod Sedgwick • International Report—Commissioner Monique Seefried • Memorial Report—Commissioner Edwin Fountain • Education Report—Commissioner Libby O’Connell Other Business • Chairman’s Report—Commissioner Terry Hamby • Other business as may appropriately come before the Commission • Set next meeting—May 12, 2020, Kansas City, MO • Adjourn Dated: March 26, 2019. Daniel S. Dayton, Designated Federal Official, World War I Centennial Commission. [FR Doc. 2019–06278 Filed 4–2–19; 8:45 am] BILLING CODE 6820–95–P DEPARTMENT OF HEALTH AND HUMAN SERVICES Agency for Healthcare Research and Quality Meeting of the National Advisory Council for Healthcare Research and Quality Agency for Healthcare Research and Quality (AHRQ), HHS. AGENCY: E:\FR\FM\03APN1.SGM 03APN1

Agencies

[Federal Register Volume 84, Number 64 (Wednesday, April 3, 2019)]
[Notices]
[Pages 13044-13046]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-06434]


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FEDERAL RESERVE SYSTEM


Proposed Agency Information Collection Activities; Comment 
Request

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Notice, request for comment.

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[[Page 13045]]

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
invites comment on a proposal to extend for three years, with revision, 
the Request for Extension of Time to Dispose of Assets Acquired in 
Satisfaction of Debts Previously Contracted (FR 4006; OMB No. 7100-
0129).

DATES: Comments must be submitted on or before June 3, 2019.

ADDRESSES: You may submit comments, identified by FR 4006, by any of 
the following methods:
     Agency Website: http://www.federalreserve.gov. Follow the 
instructions for submitting comments at http://www.federalreserve.gov/apps/foia/proposedregs.aspx.
     Email: [email protected]. Include OMB 
number in the subject line of the message.
     FAX: (202) 452-3819 or (202) 452-3102.
     Mail: Ann E. Misback, Secretary, Board of Governors of the 
Federal Reserve System, 20th Street and Constitution Avenue NW, 
Washington, DC 20551.
    All public comments are available from the Board's website at 
http://www.federalreserve.gov/apps/foia/proposedregs.aspx as submitted, 
unless modified for technical reasons. Accordingly, your comments will 
not be edited to remove any identifying or contact information. Public 
comments may also be viewed electronically or in paper in Room 146, 
1709 New York Avenue NW, Washington, DC 20006, between 9:00 a.m. and 
5:00 p.m. on weekdays. For security reasons, the Board requires that 
visitors make an appointment to inspect comments. You may do so by 
calling (202) 452-3684. Upon arrival, visitors will be required to 
present valid government-issued photo identification and to submit to 
security screening in order to inspect and photocopy comments.
    Additionally, commenters may send a copy of their comments to the 
OMB Desk Officer--Shagufta Ahmed--Office of Information and Regulatory 
Affairs, Office of Management and Budget, New Executive Office 
Building, Room 10235, 725 17th Street NW, Washington, DC 20503, or by 
fax to (202) 395-6974.

FOR FURTHER INFORMATION CONTACT: A copy of the PRA OMB submission, 
including the proposed reporting form and instructions, supporting 
statement, and other documentation will be placed into OMB's public 
docket files, if approved. These documents will also be made available 
on the Board's public website at http://www.federalreserve.gov/apps/reportforms/review.aspx or may be requested from the agency clearance 
officer, whose name appears below.
    Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of 
the Chief Data Officer, Board of Governors of the Federal Reserve 
System, Washington, DC 20551, (202) 452-3829. Telecommunications Device 
for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors 
of the Federal Reserve System, Washington, DC 20551.

SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management 
and Budget (OMB) delegated to the Board authority under the Paperwork 
Reduction Act (PRA) to approve and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board. In exercising this delegated authority, the 
Board is directed to take every reasonable step to solicit comment. In 
determining whether to approve a collection of information, the Board 
will consider all comments received from the public and other agencies.

Request for Comment on Information Collection Proposal

    The Board invites public comment on the following information 
collection, which is being reviewed under authority delegated by the 
OMB under the PRA. Comments are invited on the following:
    a. Whether the proposed collection of information is necessary for 
the proper performance of the Board's functions, including whether the 
information has practical utility;
    b. The accuracy of the Board's estimate of the burden of the 
proposed information collection, including the validity of the 
methodology and assumptions used;
    c. Ways to enhance the quality, utility, and clarity of the 
information to be collected;
    d. Ways to minimize the burden of information collection on 
respondents, including through the use of automated collection 
techniques or other forms of information technology; and
    e. Estimates of capital or startup costs and costs of operation, 
maintenance, and purchase of services to provide information.
    At the end of the comment period, the comments and recommendations 
received will be analyzed to determine the extent to which the Board 
should modify the proposal.

Proposal Under OMB Delegated Authority To Extend for Three Years, With 
Revision, the Following Information Collection

    Report title: Request for Extension of Time to Dispose of Assets 
Acquired in Satisfaction of Debts Previously Contracted (DPC).
    Agency form number: FR 4006.
    OMB control number: 7100-0129.
    Frequency: Event-generated.
    Respondents: Bank holding companies.
    Estimated number of respondents: Section 3(a) DPC: 21; Section 
4(c)(2) DPC: 42.
    Estimated average hours per response: Section 3(a) DPC: 5 hours; 
Section 4(c)(2) DPC: 5 hours.
    Estimated annual burden hours: Section 3(a) DPC: 105 hours; Section 
4 (c)(2) DPC: 210 hours.
    General description of report: The Bank Holding Company Act (BHC 
Act) and the Board's Regulation Y require a bank holding company (BHC) 
that acquired voting securities or assets through foreclosure or 
otherwise in the ordinary course of collecting a DPC to seek prior 
Board approval in order to retain ownership of those shares or assets 
for more than two years. There are no required formal reporting forms 
associated with this information collection (the FR 4006 designation is 
for internal purposes only). Instead, a BHC is required to submit any 
extension request to the Reserve Bank that has direct supervisory 
responsibility for the requesting BHC. The Board uses the information 
provided in the request to fulfill its statutory obligation to 
supervise BHCs.
    Proposed revisions: The Board is proposing to revise the FR 4006 to 
account for requests for an extension of the section 3(a) holding 
period for bank DPC property pursuant to section 225.12(b) of the 
Board's Regulation Y. The FR 4006 currently does not account for this 
collection of information.
    Legal authorization and confidentiality: The FR 4006 is authorized 
pursuant to sections 3(a) and 4(c)(2) of the Bank Holding Company Act 
(BHC Act) \1\ and sections 225.12(b) and 225.22(d) of Regulation Y.\2\ 
Under sections 3(a) and 4(c)(2) of the BHC Act and sections 225.12(b) 
and 225.22(d)(1) of the Board's Regulation Y, a BHC is not required to 
seek prior Board approval before acquiring securities or assets in the 
ordinary course of collecting a DPC in good faith, if such securities 
or assets (the ``DPC property'')

[[Page 13046]]

are divested within two years of acquisition. In order to hold the DPC 
property beyond the two-year period, a BHC is required to seek the 
approval of the Board. The two-year period may be extended by the Board 
for up to three additional years, and holdings in certain types of DPC 
property may be extended for up to five additional years (for a total 
of 10 years). Pursuant to section 225.12(b) of Regulation Y, a BHC may 
request an extension of the section 3(a) holding period for voting 
securities of a bank or BHC acquired in the ordinary course of 
collecting a DPC in good faith. Pursuant to section 225.22(d)(1) of 
Regulation Y, a BHC may request an extension of the section 4(c)(2) 
holding period for voting securities or assets of a nonbanking company 
acquired in the ordinary course of collecting a DPC in good faith. The 
FR 4006 is required to obtain the benefit of being permitted to retain 
ownership, for more than two years, of voting securities or assets 
acquired in the ordinary course of collection of a DPC. Individual 
respondents may request that information submitted to the Board, 
pursuant to sections 225.12(b) and 225.22(d) of Regulation Y, be kept 
confidential on a case-by-case basis. Such requests generally contain 
information related to how the BHC acquired shares or assets and the 
plans of the BHC to divest the shares or assets. Under certain 
circumstances, this information may qualify under exemption 4 of the 
Freedom of Information Act, which protects privileged or confidential 
commercial or financial information (5 U.S.C. 552(b)(4)).
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    \1\ 12 U.S.C. 1842(a) and 1843(c)(2).
    \2\ 12 CFR 225.22(d).

    Board of Governors of the Federal Reserve System, March 28, 
2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019-06434 Filed 4-2-19; 8:45 am]
 BILLING CODE 6210-01-P