Proposed Agency Information Collection Activities; Comment Request, 68454-68455 [2019-27036]
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68454
Federal Register / Vol. 84, No. 241 / Monday, December 16, 2019 / Notices
NW, Washington, DC 20551–0001, not
later than January 3, 2020.
A. Federal Reserve Bank of San
Francisco (Gerald C. Tsai, Director,
Applications and Enforcement) 101
Market Street, San Francisco, California
94105–1579:
1. BayCom Corp, Walnut Creek,
California; to merge with Grand
Mountain Bancshares, Inc., and thereby
indirectly acquire Grand Mountain
Bank, FSB, both of Granby, Colorado.
Board of Governors of the Federal Reserve
System, December 10, 2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019–26982 Filed 12–13–19; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL RESERVE SYSTEM
Agency Information Collection
Activities: Announcement of Board
Approval Under Delegated Authority
and Submission to OMB
Board of Governors of the
Federal Reserve System.
SUMMARY: The Board of Governors of the
Federal Reserve System (Board) is
adopting a proposal to extend, with
revision, the Savings and Loan Holding
Company Registration Statement (FR
LL–10(b); OMB No. 7100–0337).
DATES: The revisions are applicable
January 15, 2020.
FOR FURTHER INFORMATION CONTACT:
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.
Office of Management and Budget
(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.
A copy of the Paperwork Reduction
Act (PRA) OMB submission, including
the reporting form and instructions,
supporting statement, and other
documentation will be placed into
OMB’s public docket files. These
documents also are available on the
Federal Reserve Board’s public website
at https://www.federalreserve.gov/apps/
reportforms/review.aspx or may be
requested from the agency clearance
officer, whose name appears above.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the PRA to approve and
assign OMB control numbers to
lotter on DSKBCFDHB2PROD with NOTICES
AGENCY:
VerDate Sep<11>2014
19:21 Dec 13, 2019
Jkt 250001
collections of information conducted or
sponsored by the Board. Boardapproved collections of information are
incorporated into the official OMB
inventory of currently approved
collections of information. Copies of the
PRA Submission, supporting
statements, and approved collection of
information instrument(s) are placed
into OMB’s public docket files.
Final Approval Under OMB Delegated
Authority of the Extension for Three
Years, With Revision, of the Following
Information Collection
Report title: Savings and Loan
Holding Company Registration
Statement.
Agency form number: FR LL–10(b).
OMB control number: 7100–0337.
Effective date: January 15, 2020.
Frequency: As needed.
Respondents: Savings and Loan
Holding Companies (SLHCs).
Estimated number of respondents: 8.
Estimated average hours per response:
Reporting: 8; recordkeeping: 0.25.
Estimated annual burden hours:
Reporting: 64; recordkeeping: 2; total:
66.
General description of report: The FR
LL–10(b) requests information from
registering SLHCs on the financial
condition, ownership, operations,
management, and intercompany
relationships of the SLHC and its
subsidiaries. Additionally, respondents
must include information concerning
the transaction that resulted in the
respondent becoming an SLHC, a
description of the SLHC’s business, and
a description of any changes related to
the financial condition, ownership,
operations, intercompany relationships,
and management of the SLHC and its
subsidiaries since the registrant’s
application to become an SLHC was
approved. The principal executive or
principal financial officer of the
registering SLHC must certify that the
information contained in the
submission has been carefully reviewed
and is true, correct, and complete.
Current actions: On August 8, 2019,
the Board published a notice in the
Federal Register (84 FR 38964)
requesting public comment for 60 days
on the extension, with revision, of the
Savings and Loan Holding Company
Registration Statement. The Board
proposed to make the FR LL–10(b) more
consistent with the format of other
Board forms and incorporate references
to the Board’s regulations and to reflect
a requirement that respondents retain a
copy of the submitted form, which was
not currently accounted for by the FR
LL–10(b). The comment period for this
notice expired on October 7, 2019. The
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Frm 00063
Fmt 4703
Sfmt 4703
Board did not receive any comments.
The revisions will be implemented as
proposed.
Board of Governors of the Federal Reserve
System, December 11, 2019.
Ann Misback,
Secretary of the Board.
[FR Doc. 2019–27039 Filed 12–13–19; 8:45 am]
BILLING CODE 6210–01–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:
The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to extend for
three years, without revision, the
Recordkeeping and Disclosure
Requirements Associated with
Regulation R (FR R; OMB No. 7100–
0316).
SUMMARY:
Comments must be submitted on
or before February 14, 2020.
ADDRESSES: You may submit comments,
identified by FR R by any of the
following methods:
• Agency Website: https://
www.federalreserve.gov/. Follow the
instructions for submitting comments at
https://www.federalreserve.gov/apps/
foia/proposedregs.aspx.
• Email: regs.comments@
federalreserve.gov. Include the 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 https://
www.federalreserve.gov/apps/foia/
proposedregs.aspx as submitted, unless
modified for technical reasons or to
remove personally identifiable
information at the commenter’s request.
Accordingly, 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.
DATES:
E:\FR\FM\16DEN1.SGM
16DEN1
Federal Register / Vol. 84, No. 241 / Monday, December 16, 2019 / Notices
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 Office of
Management and Budget (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 Paperwork Reduction Act
(PRA) OMB submission, including the
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 https://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.
SUPPLEMENTARY INFORMATION: On June
15, 1984, OMB delegated to the Board
authority under the PRA to approve and
assign OMB control numbers to
collections of information 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.
lotter on DSKBCFDHB2PROD with 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;
VerDate Sep<11>2014
19:21 Dec 13, 2019
Jkt 250001
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,
Without Revision, the Following
Information Collection
Report title: Recordkeeping and
Disclosure Requirements Associated
with Regulation R.
Agency form number: FR R.
OMB control number: 7100–0316.
Frequency: As needed.
Respondents: ‘‘Banks,’’ as defined in
the Securities Exchange Act of 1934
(Exchange Act), that qualify for the
exemptions from the Exchange Act
definition of ‘‘broker.’’
Estimated number of respondents:
Section 701, disclosures to customers:
1,500, disclosures to brokers: 1,500;
section 723, recordkeeping: 75; section
741, disclosures to customers: 750.
Estimated average hours per response:
Section 701, disclosures to customers:
0.08333, disclosures to brokers: 0.25;
section 723, recordkeeping: 0.25; section
741, disclosures to customers: 0.08333.
Estimated annual burden hours:
Section 701, disclosures to customers:
12,500, disclosures to brokers: 375;
section 723, recordkeeping: 188; section
741, disclosures to customers: 62,500.
General description of report: The
Board’s Regulation R, 12 CFR part 218,
implements certain exceptions for banks
from the definition of ‘‘broker’’ under
section 3(a)(4) of the Exchange Act. The
Exchange Act defines ‘‘banks’’ to
include banking institutions organized
in the United States, including members
of the Federal Reserve System, federal
savings associations, and other
commercial banks, savings associations,
and nondepository trust companies that
are organized under the laws of a state
or the United States and subject to
supervision and examination by state or
federal authorities having supervision
over banks and savings associations.
Sections 701, 723, and 741 of Regulation
R contain certain customer and
counterparty disclosure requirements
and certain transactional recordkeeping
provisions for banks that utilize these
exceptions.
PO 00000
Frm 00064
Fmt 4703
Sfmt 4703
68455
Legal authorization and
confidentiality: The FR R is authorized
pursuant to sections 3(a)(4)(F) and 3(b)
of the Exchange Act,1 which, among
other things, require the Board and the
Security Exchange Commission (SEC) to
jointly adopt rules to implement the
bank exceptions to the definition of
‘‘broker’’ under the Exchange Act.2
Banks seeking the exception from the
definition of ‘‘broker’’ under the
Exchange Act must comply with the
requirements of FR R. The obligation,
therefore, is required to obtain a benefit.
Because these records and disclosures
would be maintained at each banking
organization, the Freedom of
Information Act (‘‘FOIA’’) would only
be implicated if the Board obtained such
records as part of the examination or
supervision of a banking organization.
In the event the records are obtained by
the Board as part of an examination or
supervision of a financial institution,
this information is considered
confidential pursuant to exemption 8 of
the FOIA, which protects information
contained in ‘‘examination, operating,
or condition reports’’ obtained in the
bank supervisory process.3 In addition,
the information may also be kept
confidential under exemption 4 for the
FOIA, which protects commercial or
financial information obtained from a
person that is privileged or
confidential.4
Board of Governors of the Federal Reserve
System, December 11, 2019.
Ann Misback,
Secretary of the Board.
[FR Doc. 2019–27036 Filed 12–13–19; 8:45 am]
BILLING CODE 6210–01–P
DEPARTMENT OF DEFENSE
GENERAL SERVICES
ADMINISTRATION
NATIONAL AERONAUTICS AND
SPACE ADMINISTRATION
[OMB Control No. 9000–0161; Docket No.
2019–0003; Sequence No. 34]
Information Collection; Reporting
Purchases From Sources Outside the
United States
Department of Defense (DOD),
General Services Administration (GSA),
and National Aeronautics and Space
Administration (NASA).
AGENCY:
1 15
U.S.C. 78c(a)(4)(F) and 78c(b).
the Board has the authority to
require reports from state member banks (12 U.S.C.
248(a) and 324).
3 5 U.S.C. 552(b)(8).
4 5 U.S.C. 552(b)(4).
2 Additionally,
E:\FR\FM\16DEN1.SGM
16DEN1
]]>Agencies
[Federal Register Volume 84, Number 241 (Monday, December 16, 2019)]
[Notices]
[Pages 68454-68455]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-27036]
-----------------------------------------------------------------------
FEDERAL RESERVE SYSTEM
Proposed Agency Information Collection Activities; Comment
Request
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Notice, request for comment.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (Board)
invites comment on a proposal to extend for three years, without
revision, the Recordkeeping and Disclosure Requirements Associated with
Regulation R (FR R; OMB No. 7100-0316).
DATES: Comments must be submitted on or before February 14, 2020.
ADDRESSES: You may submit comments, identified by FR R by any of the
following methods:
Agency Website: https://www.federalreserve.gov/. Follow
the instructions for submitting comments at https://www.federalreserve.gov/apps/foia/proposedregs.aspx.
Email: [email protected]. Include the 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
https://www.federalreserve.gov/apps/foia/proposedregs.aspx as
submitted, unless modified for technical reasons or to remove
personally identifiable information at the commenter's request.
Accordingly, 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.
[[Page 68455]]
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
Office of Management and Budget (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 Paperwork Reduction Act
(PRA) OMB submission, including the 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 https://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.
SUPPLEMENTARY INFORMATION: On June 15, 1984, OMB delegated to the Board
authority under the PRA to approve and assign OMB control numbers to
collections of information 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,
Without Revision, the Following Information Collection
Report title: Recordkeeping and Disclosure Requirements Associated
with Regulation R.
Agency form number: FR R.
OMB control number: 7100-0316.
Frequency: As needed.
Respondents: ``Banks,'' as defined in the Securities Exchange Act
of 1934 (Exchange Act), that qualify for the exemptions from the
Exchange Act definition of ``broker.''
Estimated number of respondents: Section 701, disclosures to
customers: 1,500, disclosures to brokers: 1,500; section 723,
recordkeeping: 75; section 741, disclosures to customers: 750.
Estimated average hours per response: Section 701, disclosures to
customers: 0.08333, disclosures to brokers: 0.25; section 723,
recordkeeping: 0.25; section 741, disclosures to customers: 0.08333.
Estimated annual burden hours: Section 701, disclosures to
customers: 12,500, disclosures to brokers: 375; section 723,
recordkeeping: 188; section 741, disclosures to customers: 62,500.
General description of report: The Board's Regulation R, 12 CFR
part 218, implements certain exceptions for banks from the definition
of ``broker'' under section 3(a)(4) of the Exchange Act. The Exchange
Act defines ``banks'' to include banking institutions organized in the
United States, including members of the Federal Reserve System, federal
savings associations, and other commercial banks, savings associations,
and nondepository trust companies that are organized under the laws of
a state or the United States and subject to supervision and examination
by state or federal authorities having supervision over banks and
savings associations. Sections 701, 723, and 741 of Regulation R
contain certain customer and counterparty disclosure requirements and
certain transactional recordkeeping provisions for banks that utilize
these exceptions.
Legal authorization and confidentiality: The FR R is authorized
pursuant to sections 3(a)(4)(F) and 3(b) of the Exchange Act,\1\ which,
among other things, require the Board and the Security Exchange
Commission (SEC) to jointly adopt rules to implement the bank
exceptions to the definition of ``broker'' under the Exchange Act.\2\
Banks seeking the exception from the definition of ``broker'' under the
Exchange Act must comply with the requirements of FR R. The obligation,
therefore, is required to obtain a benefit.
---------------------------------------------------------------------------
\1\ 15 U.S.C. 78c(a)(4)(F) and 78c(b).
\2\ Additionally, the Board has the authority to require reports
from state member banks (12 U.S.C. 248(a) and 324).
---------------------------------------------------------------------------
Because these records and disclosures would be maintained at each
banking organization, the Freedom of Information Act (``FOIA'') would
only be implicated if the Board obtained such records as part of the
examination or supervision of a banking organization. In the event the
records are obtained by the Board as part of an examination or
supervision of a financial institution, this information is considered
confidential pursuant to exemption 8 of the FOIA, which protects
information contained in ``examination, operating, or condition
reports'' obtained in the bank supervisory process.\3\ In addition, the
information may also be kept confidential under exemption 4 for the
FOIA, which protects commercial or financial information obtained from
a person that is privileged or confidential.\4\
---------------------------------------------------------------------------
\3\ 5 U.S.C. 552(b)(8).
\4\ 5 U.S.C. 552(b)(4).
Board of Governors of the Federal Reserve System, December 11,
2019.
Ann Misback,
Secretary of the Board.
[FR Doc. 2019-27036 Filed 12-13-19; 8:45 am]
BILLING CODE 6210-01-P
