Formations of, Acquisitions by, and Mergers of Bank Holding Companies, 16016-16017 [2019-07685]
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Federal Register / Vol. 84, No. 74 / Wednesday, April 17, 2019 / Notices
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.
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Proposal Under OMB Delegated
Authority To Extend for Three Years,
Without Revision, the Following
Information Collection:
Report title: Semiannual Report of
Derivatives Activity.
Agency form number: FR 2436.
OMB control number: 7100–0286.
Frequency: Semiannually.
Respondents: U.S. dealers of over-thecounter (OTC) derivatives.
Estimated number of respondents: 8.
Estimated average hours per response:
236.
Estimated annual burden hours:
3,776.
General description of report: The
Semiannual Report of Derivatives
Activity collects derivatives market
statistics from the eight largest U.S.
dealers of OTC derivatives. Data are
collected on the notional amounts and
gross fair values of the volumes
outstanding of broad categories of
foreign exchange, interest rate, equity,
commodity-linked, and credit default
swap OTC derivatives contracts across a
range of underlying currencies, interest
rates, and equity markets.
This collection of information
complements the triennial Central Bank
Survey of Foreign Exchange and
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Derivatives Market Activity (FR 3036;
OMB No. 7100–0285). The FR 2436
collects similar data on the outstanding
volume of derivatives, but not on
derivatives turnover. The Board
conducts both surveys in coordination
with other central banks. The aggregated
U.S. data is compiled and forwarded to
the Bank for International Settlements
(BIS), which publishes global market
statistics that are aggregates of national
data.
Legal authorization and
confidentiality: This report is authorized
under sections 2A and 12A of the
Federal Reserve Act (FRA). Section 2A
of the FRA requires the Federal Reserve
Board and the Federal Open Market
Committee (FOMC) to maintain long run
growth of the monetary and credit
aggregates commensurate with the
economy’s long run potential to increase
production, so as to promote effectively
the goals of maximum employment,
stable prices, and moderate long-term
interest rates (12 U.S.C. 225a). Section
12A of the FRA requires the FOMC to
implement regulations relating to the
open market operations conducted by
Federal Reserve Banks with a view to
accommodating commerce and business
and with regard to their bearing upon
the general credit situation of the
country (12 U.S.C. 263). Because the
Federal Reserve System uses the
information obtained from the FR 2436
to fulfill these obligations, these
statutory provisions provide the legal
authorization for the collection of
information on the FR 2436.
The FR 2436 is voluntary. Because the
release of this information would cause
substantial harm to the competitive
position of the entity from whom the
information was obtained, the
information collected on the FR 2436
may be granted confidential treatment
under exemption (b)(4) of the Freedom
of Information Act (5 U.S.C. 552(b)(4)),
which protects from disclosure ‘‘trade
secrets and commercial or financial
information obtained from a person and
privileged or confidential.’’
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 May 2,
2019.
A. Federal Reserve Bank of
Minneapolis (Mark A. Rauzi, Vice
President), 90 Hennepin Avenue,
Minneapolis, Minnesota 55480–0291:
1. Terence Fennessy, Clancy,
Montana, individually and as trustee of
the First National Bancorp, Inc.
Employee Stock Ownership Plan,
Missoula, Montana (‘‘ESOP’’); to retain
voting shares of First National Bancorp,
Inc., Missoula, Montana (‘‘FNBI’’), and
thereby retain shares of First Montana
Bank, Inc., Missoula, Montana.
Additionally, ESOP and its trustees
Terence Fennessy, Clancy, Montana;
and Noel Kulbeck, Missoula, Montana,
as a group acting in concert, to retain
voting shares of FNBI. Terence Fennessy
(including IRA and control of ESOP
shares); Terence Fennessy IRA, Clancy,
Montana. Geraldine Fennessy, Libby,
Montana; Tiina Fennessy, Clancy,
Montana; Tiina Fennessy IRA, Clancy,
Montana; Thomas Fennessy, Libby,
Montana; Timothy Fennessy, Spokane,
Washington; Teresa Kriskovich, Tracey,
California; and Treva Marsden, Mead,
Washington; as members of the
Fennessy family shareholder group
acting in concert; to retain voting shares
of FNBI.
Board of Governors of the Federal Reserve
System, April 12, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
Board of Governors of the Federal Reserve
System, April 11, 2019.
Michele Taylor Fennell,
Assistant Secretary of the Board.
[FR Doc. 2019–07684 Filed 4–16–19; 8:45 am]
[FR Doc. 2019–07650 Filed 4–16–19; 8:45 am]
FEDERAL RESERVE SYSTEM
BILLING CODE 6210–01–P
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
FEDERAL RESERVE SYSTEM
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
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BILLING CODE P
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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
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Federal Register / Vol. 84, No. 74 / Wednesday, April 17, 2019 / Notices
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 May 13, 2019.
A. Federal Reserve Bank of
Minneapolis (Mark A. Rauzi, Vice
President), 90 Hennepin Avenue,
Minneapolis, Minnesota 55480–0291:
1. Walsh Financial, Inc., Minneapolis,
Minnesota; to become a bank holding
company by acquiring 100 percent of
the voting shares of The First National
Bank of Buhl, Mountain, Minnesota.
Board of Governors of the Federal Reserve
System, April 12, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019–07685 Filed 4–16–19; 8:45 am]
BILLING CODE
FEDERAL TRADE COMMISSION
[File No. 171 0058]
Tronox/Cristal USA; Analysis of
Agreement Containing Consent Orders
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 methods
of competition. The attached Analysis of
Agreement Containing Consent Orders
to Aid Public Comment describes both
the allegations in the complaint and the
terms of the consent orders—embodied
in the consent agreement—that would
settle these allegations.
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SUMMARY:
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Comments must be received on
or before May 17, 2019.
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: ‘‘Tronox/Cristal USA’’ on
your comment, and file your comment
online at https://www.regulations.gov by
following the instructions on the webbased 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 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.
FOR FURTHER INFORMATION CONTACT:
Joonsuk Lee (202–326–2823), Bureau of
Competition, 600 Pennsylvania Avenue
NW, Washington, DC 20580.
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 a 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 of Agreement Containing
Consent Orders 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 April 10, 2019, on the
World Wide Web, at https://
www.ftc.gov/news-events/commissionactions.
You can file a comment online or on
paper. For the Commission to consider
your comment, we must receive it on or
before May 17, 2019. Write ‘‘Tronox/
Cristal USA; File No. 1710085’’ 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 https://
www.regulations.gov website.
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 through the https://
www.regulations.gov website.
If you prefer to file your comment on
paper, write ‘‘Tronox/Cristal USA; File
DATES:
PO 00000
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16017
No. 1710085’’ 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.
Because your comment will be placed
on the publicly accessible FTC website
at https://www.regulations.gov, you are
solely responsible for making sure that
your comment does not include any
sensitive or confidential information. In
particular, your comment should not
include any sensitive personal
information, such as your or anyone
else’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, such as medical
records or other individually
identifiable health information. In
addition, your comment should not
include any ‘‘trade secret or any
commercial or financial information
which . . . is privileged or
confidential’’—as provided by 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)—
including in particular competitively
sensitive information such as costs,
sales statistics, inventories, formulas,
patterns, devices, manufacturing
processes, or customer names.
Comments containing material for
which confidential treatment is
requested must be filed in paper form,
must be clearly labeled ‘‘Confidential,’’
and must comply with FTC Rule 4.9(c).
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). Your
comment will be kept confidential only
if the General Counsel grants your
request in accordance with the law and
the public interest. Once your comment
has been posted on the public FTC
website—as legally required by FTC
Rule 4.9(b)—we cannot redact or
remove your comment from the FTC
website, unless you submit a
confidentiality request that meets the
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]]>Agencies
[Federal Register Volume 84, Number 74 (Wednesday, April 17, 2019)]
[Notices]
[Pages 16016-16017]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-07685]
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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
[[Page 16017]]
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 May 13, 2019.
A. Federal Reserve Bank of Minneapolis (Mark A. Rauzi, Vice
President), 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291:
1. Walsh Financial, Inc., Minneapolis, Minnesota; to become a bank
holding company by acquiring 100 percent of the voting shares of The
First National Bank of Buhl, Mountain, Minnesota.
Board of Governors of the Federal Reserve System, April 12,
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-07685 Filed 4-16-19; 8:45 am]
BILLING CODE
