Agency Information Collection Activities; Submission for OMB Review; Comment Request, 62303 [2020-21786]

Download as PDF Federal Register / Vol. 85, No. 192 / Friday, October 2, 2020 / Notices jbell on DSKJLSW7X2PROD with NOTICES 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 public portions of 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(s) indicated below and at the offices of the Board of Governors. This information may also be obtained on an expedited basis, upon request, by contacting the appropriate Federal Reserve Bank and from the Board’s Freedom of Information Office at https://www.federalreserve.gov/foia/ request.htm. 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 Street and Constitution Avenue, NW, Washington DC 20551–0001, not later than October 16, 2020. A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690–1414: 1. The Nathan & Shirley Rothner Family Trust II, Evanston, Illinois, Eric A. Rothner, Chicago, Illinois, trustee; and the Rachel Rothner Accumulation Trust II, the Melissa Rothner Accumulation Trust II, the William Rothner Accumulation Trust II, the Daniel Rothner Accumulation Trust II, the Adam Vales Accumulation Trust II, the Kimberly Vales Accumulation Trust II, and the Kathryn Vales Accumulation Trust II, all of Evanston, Illinois, Gale F. Rothner, Chicago, Illinois, and David M. Aronin, Skokie, Illinois, co-trustees; to join Eric A. Rothner and form the Rothner Family Control Group, a group acting in concert to retain 100 percent of the voting shares of Brickyard Bancorp, Inc., and thereby indirectly control Brickyard Bank, both of Lincolnwood, Illinois. Board of Governors of the Federal Reserve System, September 28, 2020. Yao-Chin Chao, Assistant Secretary of the Board. [FR Doc. 2020–21791 Filed 10–1–20; 8:45 am] BILLING CODE P VerDate Sep<11>2014 19:38 Oct 01, 2020 Jkt 253001 FEDERAL TRADE COMMISSION Agency Information Collection Activities; Submission for OMB Review; Comment Request Federal Trade Commission. Notice. AGENCY: ACTION: The Federal Trade Commission (‘‘FTC’’ or ‘‘Commission’’) requests that the Office of Management and Budget (‘‘OMB’’) extend for an additional three years the current Paperwork Reduction Act (‘‘PRA’’) clearance for the information collection requirements contained in its Trade Regulation Rule on Disclosure Requirements and Prohibitions Concerning Franchising (‘‘Franchise Rule’’ or ‘‘Rule’’). That clearance expires on October 31, 2020. DATES: Comments must be submitted by November 2, 2020. ADDRESSES: Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAMain. Find this particular information collection by selecting ‘‘Currently under Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Christine M. Todaro, Attorney, Division of Marketing Practices, Bureau of Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue NW, Room 8607, Washington, DC 20580, (202) 326–3711, ctodaro@ftc.gov. SUPPLEMENTARY INFORMATION: Title: Franchise Rule, 16 CFR part 436. OMB Control Number: 3084–0107. Type of Review: Revision of a currently approved collection. Affected Public: Private Sector: Businesses and other for-profit entities. Abstract: The Franchise Rule ensures that consumers who are considering a franchise investment have access to the material information they need to make an informed investment decision and compare different franchise offerings. The Rule requires franchisors to furnish prospective purchasers with a Franchise Disclosure Document (‘‘FDD’’) that provides information relating to the franchisor, its business, the nature of the proposed franchise, and any representations by the franchisor about financial performance regarding actual or potential sales, income, or profits made to a prospective franchise purchaser. The Rule also requires that franchisors maintain records to facilitate SUMMARY: PO 00000 Frm 00030 Fmt 4703 Sfmt 9990 62303 enforcement of the Rule.1 The franchisor must preserve materially different copies of its FDD for 3 years, as well as information that provides a reasonable basis for any financial performance representation it elects to make. Estimated Annual Burden Hours: 16,750. Estimated Annual Labor Costs: $1,037,125. Estimated non-labor costs: $7,250,000. Request for Comment: On April 7, 2020, the Commission sought comment on the information collection requirements associated with the Franchise Rule. 85 FR 19479 (Apr. 7, 2020). No relevant comments were received. Pursuant to the OMB regulations, 5 CFR part 1320, the FTC is providing this second opportunity for public comment while seeking OMB approval to renew clearance for the Rule’s information collection requirements. Your comment—including your name and your state—will be placed on the public record of this proceeding. Because your comment will be made public, you are solely responsible for making sure that your comment does not include any sensitive personal information, like anyone’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, like medical records or other individually identifiable health information. In addition, do not include any ‘‘[t]rade secret or any commercial or financial information which is . . . privileged or confidential’’ as provided in 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). In particular, do not include competitively sensitive information such as costs, sales statistics, inventories, formulas, patterns devices, manufacturing processes, or customer names. Josephine Liu, Assistant General Counsel for Legal Counsel. [FR Doc. 2020–21786 Filed 10–1–20; 8:45 am] BILLING CODE 6750–01–P 1 The Rule was amended in 2007 to conform its disclosure requirements with the disclosure format accepted by 15 states that have franchise registration or disclosure laws. See 72 FR 15444 (Mar. 30, 2007). The amended Rule has significantly minimized any compliance burden beyond what is required by state law. E:\FR\FM\02OCN1.SGM 02OCN1

Agencies

[Federal Register Volume 85, Number 192 (Friday, October 2, 2020)]
[Notices]
[Page 62303]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-21786]


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FEDERAL TRADE COMMISSION


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request

AGENCY: Federal Trade Commission.

ACTION: Notice.

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SUMMARY: The Federal Trade Commission (``FTC'' or ``Commission'') 
requests that the Office of Management and Budget (``OMB'') extend for 
an additional three years the current Paperwork Reduction Act (``PRA'') 
clearance for the information collection requirements contained in its 
Trade Regulation Rule on Disclosure Requirements and Prohibitions 
Concerning Franchising (``Franchise Rule'' or ``Rule''). That clearance 
expires on October 31, 2020.

DATES: Comments must be submitted by November 2, 2020.

ADDRESSES: Written comments and recommendations for the proposed 
information collection should be sent within 30 days of publication of 
this notice to www.reginfo.gov/public/do/PRAMain. Find this particular 
information collection by selecting ``Currently under Review--Open for 
Public Comments'' or by using the search function.

FOR FURTHER INFORMATION CONTACT: Christine M. Todaro, Attorney, 
Division of Marketing Practices, Bureau of Consumer Protection, Federal 
Trade Commission, 600 Pennsylvania Avenue NW, Room 8607, Washington, DC 
20580, (202) 326-3711, [email protected].

SUPPLEMENTARY INFORMATION:
    Title: Franchise Rule, 16 CFR part 436.
    OMB Control Number: 3084-0107.
    Type of Review: Revision of a currently approved collection.
    Affected Public: Private Sector: Businesses and other for-profit 
entities.
    Abstract: The Franchise Rule ensures that consumers who are 
considering a franchise investment have access to the material 
information they need to make an informed investment decision and 
compare different franchise offerings. The Rule requires franchisors to 
furnish prospective purchasers with a Franchise Disclosure Document 
(``FDD'') that provides information relating to the franchisor, its 
business, the nature of the proposed franchise, and any representations 
by the franchisor about financial performance regarding actual or 
potential sales, income, or profits made to a prospective franchise 
purchaser. The Rule also requires that franchisors maintain records to 
facilitate enforcement of the Rule.\1\ The franchisor must preserve 
materially different copies of its FDD for 3 years, as well as 
information that provides a reasonable basis for any financial 
performance representation it elects to make.
---------------------------------------------------------------------------

    \1\ The Rule was amended in 2007 to conform its disclosure 
requirements with the disclosure format accepted by 15 states that 
have franchise registration or disclosure laws. See 72 FR 15444 
(Mar. 30, 2007). The amended Rule has significantly minimized any 
compliance burden beyond what is required by state law.
---------------------------------------------------------------------------

    Estimated Annual Burden Hours: 16,750.
    Estimated Annual Labor Costs: $1,037,125.
    Estimated non-labor costs: $7,250,000.
    Request for Comment:
    On April 7, 2020, the Commission sought comment on the information 
collection requirements associated with the Franchise Rule. 85 FR 19479 
(Apr. 7, 2020). No relevant comments were received. Pursuant to the OMB 
regulations, 5 CFR part 1320, the FTC is providing this second 
opportunity for public comment while seeking OMB approval to renew 
clearance for the Rule's information collection requirements.
    Your comment--including your name and your state--will be placed on 
the public record of this proceeding. Because your comment will be made 
public, you are solely responsible for making sure that your comment 
does not include any sensitive personal information, like anyone'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, like medical records or other 
individually identifiable health information. In addition, do not 
include any ``[t]rade secret or any commercial or financial information 
which is . . . privileged or confidential'' as provided in 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). In particular, do not include competitively sensitive 
information such as costs, sales statistics, inventories, formulas, 
patterns devices, manufacturing processes, or customer names.

Josephine Liu,
Assistant General Counsel for Legal Counsel.
[FR Doc. 2020-21786 Filed 10-1-20; 8:45 am]
BILLING CODE 6750-01-P