Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company, 14939 [2020-05277]
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Federal Register / Vol. 85, No. 51 / Monday, March 16, 2020 / Notices
May 4, 2020, to be placed on the list of
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statements will be accepted throughout
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timely consideration by SAB members,
statements should be received in the
SAB Staff Office by March 23, 2020, for
consideration at the public
teleconference on March 30, 2020.
Written statements should be received
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for consideration at the public
teleconference on May 11, 2020. Written
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Board of Governors of the Federal Reserve
System, March 11, 2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020–05277 Filed 3–13–20; 8:45 am]
BILLING CODE P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Proposed Collection;
Comment Request; Extension
Federal Trade Commission.
Notice.
AGENCY:
ACTION:
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
In accordance with the
Paperwork Reduction Act of 1995
(PRA), the Federal Trade Commission
(FTC or Commission) is seeking public
comment on its proposal to extend for
an additional three years the Office of
Management and Budget (OMB)
clearance for information collection
requirements in its Informal Dispute
Settlement Procedures Rule (the Dispute
Settlement Rule or the Rule). The
current clearance expires on May 31,
2020.
The notificants listed below have
applied under the Change in Bank
Control Act (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
applications are set forth in paragraph 7
of the Act (12 U.S.C. 1817(j)(7)).
The applications listed below, as well
as other related filings required by the
Board, if any, 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
Comments must be received on
or before May 15, 2020.
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 ‘‘Dispute Settlement Rule;
PRA Comment: FTC File No. P072108’’
on your comment, and file your
comment online at https://
www.regulations.gov 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
V. Khanna Johnston,
Deputy Director, EPA Science Advisory Board
Staff Office.
[FR Doc. 2020–05253 Filed 3–13–20; 8:45 am]
BILLING CODE 6560–50–P
FEDERAL RESERVE SYSTEM
lotter on DSKBCFDHB2PROD with NOTICES
standards enumerated in paragraph 7 of
the Act.
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than March 31, 2020.
A. Federal Reserve Bank of Richmond
(Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street,
Richmond, Virginia 23219. Comments
can also be sent electronically to or
Comments.applications@rich.frb.org:
1. Kenneth R. Lehman, Fort
Lauderdale, Florida; to acquire voting
shares of The Freedom Bank of Virginia,
Fairfax, Virginia.
VerDate Sep<11>2014
18:29 Mar 13, 2020
Jkt 250001
SUMMARY:
DATES:
PO 00000
Frm 00068
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14939
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:
Christine M. Todaro, Attorney, Division
of Marketing Practices, Bureau of
Consumer Protection, Federal Trade
Commission, 600 Pennsylvania Avenue
NW, Washington, DC 20580, (202) 326–
3711.
SUPPLEMENTARY INFORMATION:
Title: Informal Dispute Settlement
Procedures Rule (the Dispute Settlement
Rule or the Rule), 16 CFR 703.
OMB Control Number: 3084–0113.
Type of Review: Extension of a
currently approved collection.
Likely Respondents: Warrantors
(Automobile Manufacturers) and
Informal Dispute Settlement
Mechanisms.
Estimated Annual Burden Hours:
9,055 (derived from 6,121 recordkeeping
hours in addition to 2,040 reporting
hours and 894 disclosure hours).
Estimated Annual Labor Costs:
$209,595.
Estimated Annual Capital or Other
Non-labor Costs: $314,566.
Abstract: The Dispute Settlement Rule
is one of three rules 1 that the FTC
implemented pursuant to requirements
of the Magnuson-Moss Warranty Act, 15
U.S.C. 2301 et seq. (Warranty Act or
Act).2 The Dispute Settlement Rule, 16
CFR 703, specifies the minimum
standards which must be met by any
informal dispute settlement mechanism
(IDSM) that is incorporated into a
written consumer product warranty and
which the consumer is required to use
before pursuing legal remedies under
the Act in court (known as the ‘‘prior
resort requirement’’).3
The Dispute Settlement Rule
standards for IDSMs include
requirements concerning the
mechanism’s structure (e.g., funding,
staffing, and neutrality), the
qualifications of staff or decision
makers, the mechanism’s procedures for
resolving disputes (e.g., notification,
investigation, time limits for decisions,
1 The other two rules relate to the information
that must appear in any written warranty offered on
a consumer product costing more than $15 and the
pre-sale availability of warranty terms.
2 40 FR 60168 (Dec. 31, 1975).
3 The Dispute Settlement Rule applies only to
those firms that choose to require consumers to use
an IDSM. Neither the Rule nor the Act requires
warrantors to set up IDSMs. A warrantor is free to
set up an IDSM that does not comply with the Rule
as long as the warranty does not contain a prior
resort requirement.
E:\FR\FM\16MRN1.SGM
16MRN1
Agencies
[Federal Register Volume 85, Number 51 (Monday, March 16, 2020)]
[Notices]
[Page 14939]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-05277]
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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
Control Act (Act) (12 U.S.C. 1817(j)) and Sec. 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
applications are set forth in paragraph 7 of the Act (12 U.S.C.
1817(j)(7)).
The applications listed below, as well as other related filings
required by the Board, if any, 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 paragraph 7 of the Act.
Comments regarding each of these applications must be received at
the Reserve Bank indicated or the offices of the Board of Governors,
Ann E. Misback, Secretary of the Board, 20th and Constitution Avenue
NW, Washington, DC 20551-0001, not later than March 31, 2020.
A. Federal Reserve Bank of Richmond (Adam M. Drimer, Assistant Vice
President) 701 East Byrd Street, Richmond, Virginia 23219. Comments can
also be sent electronically to or [email protected]:
1. Kenneth R. Lehman, Fort Lauderdale, Florida; to acquire voting
shares of The Freedom Bank of Virginia, Fairfax, Virginia.
Board of Governors of the Federal Reserve System, March 11,
2020.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2020-05277 Filed 3-13-20; 8:45 am]
BILLING CODE P