Proposed Agency Information Collection Activities; Comment Request, 6329-6330 [2021-01217]
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Federal Register / Vol. 86, No. 12 / Thursday, January 21, 2021 / Notices
Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
FEDERAL RESERVE SYSTEM
Proposed Agency Information
Collection Activities; Comment
Request
[FR Doc. 2021–01369 Filed 1–15–21; 4:15 pm]
BILLING CODE 6714–01–P
Board of Governors of the
Federal Reserve System.
ACTION: Notice, request for comment.
AGENCY:
FEDERAL RESERVE SYSTEM
Formations of, Acquisitions by, and
Mergers of Bank Holding Companies
jbell on DSKJLSW7X2PROD with NOTICES
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 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 the BHC Act
(12 U.S.C. 1842(c)).
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 February 22, 2021.
A. Federal Reserve Bank of Chicago
(Colette A. Fried, Assistant Vice
President) 230 South LaSalle Street,
Chicago, Illinois 60690–1414:
1. PSB Holdings, Inc., Wausau,
Wisconsin; to merge with Waukesha
Bankshares, Inc., and thereby indirectly
acquire Sunset Bank & Savings, both of
Waukesha, Wisconsin.
Board of Governors of the Federal Reserve
System, January 14, 2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021–01199 Filed 1–19–21; 8:45 am]
BILLING CODE P
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The Board of Governors of the
Federal Reserve System (Board) invites
comment on a proposal to implement
the Treasury Securities and Agency
Debt and Mortgage-Backed Securities
Reporting Requirements (FR 2956; OMB
No. 7100–NEW).
DATES: Comments must be submitted on
or before March 22, 2021.
ADDRESSES: You may submit comments,
identified by FR 2956, 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.
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,
SUMMARY:
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6329
725 17th Street NW, Washington, DC
20503, or by fax to (202) 395–6974.
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.
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.
A copy of the Paperwork Reduction
Act (PRA) OMB submission, including
the reporting form and instructions,
supporting statement, and other
documentation will be available at
https://www.reginfo.gov/public/do/
PRAMain, 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 above.
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
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6330
Federal Register / Vol. 86, No. 12 / Thursday, January 21, 2021 / Notices
jbell on DSKJLSW7X2PROD with NOTICES
received will be analyzed to determine
the extent to which the Board should
modify the proposal.
Proposal Under OMB Delegated
Authority To Implement the Following
Information Collection
Report title: Treasury Securities and
Agency Debt and Mortgage-Backed
Securities Reporting Requirements.
Agency form number: FR 2956.
OMB control number: 7100–NEW.
Frequency: Daily.
Respondents: Depository institutions
that meet the reporting thresholds and
daily transact in trading of marketable
U.S. Treasury securities and the trading
of the debt and mortgage-backed
securities issued by agencies.
Estimated number of respondents:
Treasury securities, 10; Agency debt and
mortgage-backed securities, 12.
Estimated average hours per response:
3.
Estimated annual burden hours:
16,500.
General description of report: The
proposed FR 2956 would collect
detailed data on depository institutions’
daily transactions of marketable U.S.
Treasury securities and of the debt and
mortgage-backed securities (MBS)
issued by U.S. federal government
agencies including governmentsponsored enterprises (agencies). The
report would have two parts: Part 1
would collect data on transactions in
U.S. Treasury debt, and Part 2 would
collect transactions in debt and MBS
issued by agencies. Depository
institutions subject to reporting under
Parts 1 and 2 of the FR 2956 collection
would be required to report all the
transaction details, information, and
fields as described in the applicable
Trade Reporting and Compliance Engine
(TRACE) technical documentation,
FAQs, and guides located at https://
www.finra.org/filing-reporting/trace/
documentation. This information would
include, but is not limited to, the
Committee on Uniform Securities
Identification Procedures (CUSIP)
number or similar identifier, the
transaction size (volume), price of the
transaction, date of trade execution,
time of execution, and date of
settlement. The Board is proposing to
implement the FR 2956 in 2021.
Every national bank, state member
bank, state non-member bank, savings
association, or U.S. branch and agency
of a foreign bank filing a Notice of
Government Securities Broker or
Government Dealer Activities Form
(From G–FIN; OMB No. 7100–0224)
with average daily transaction volumes
of over $100 million, for U.S. Treasury
debt, or over $50 million, for agency-
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20:44 Jan 19, 2021
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issued debt and MBS, during the prior
fiscal year would be subject to the
proposed reporting requirements.
Depository institutions subject to the
reporting requirements of the proposed
FR 2956 would electronically report
transactions through the Board’s data
collection vendor, the Financial
Industry Regulatory Authority (FINRA),
utilizing its Trade Reporting and
Compliance Engine (TRACE).
Legal authorization and
confidentiality: The FR 2956 is
authorized by sections 2A and 11 of the
Federal Reserve Act (‘‘FRA’’). Section
2A of the FRA requires that the Board
and the FOMC 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. Section 11 of the FRA
authorizes the Board to require reports
from depository institutions as it may
deem necessary and authorizes the
Board to prescribe reports of liabilities
and assets from insured depository
institutions to enable the Board to
discharge its responsibility to monitor
and control monetary and credit
aggregates. The obligation to respond to
the FR 2956 would be mandatory. The
information collected through the FR
2956 would not be considered
confidential.
Consultation outside the agency: As
part of an interagency workgroup, the
Board has consulted with the U.S.
Treasury Department, the U.S.
Securities and Exchange Commission,
the Commodity and Futures Trading
Commission, and FINRA on this
collection.
Board of Governors of the Federal Reserve
System, January 14, 2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021–01217 Filed 1–19–21; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
Revised Jurisdictional Thresholds for
Section 8 of the Clayton Act
Federal Trade Commission.
Notice.
AGENCY:
ACTION:
The Federal Trade
Commission announces the revised
thresholds for interlocking directorates
required by the 1990 amendment of
Section 8 of the Clayton Act. Section 8
prohibits, with certain exceptions, one
person from serving as a director or
officer of two competing corporations if
SUMMARY:
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two thresholds are met. Competitor
corporations are covered by Section 8 if
each one has capital, surplus, and
undivided profits aggregating more than
$10,000,000, with the exception that no
corporation is covered if the competitive
sales of either corporation are less than
$1,000,000. Section 8(a)(5) requires the
Federal Trade Commission to revise
those thresholds annually, based on the
change in gross national product. The
new thresholds, which take effect
immediately, are $37,382,000 for
Section 8(a)(1), and $3,738,200 for
Section 8(a)(2)(A).
DATES: January 21, 2021.
FOR FURTHER INFORMATION CONTACT:
Chris Grengs (202–326–2612), Bureau of
Competition, Office of Policy and
Coordination.
Authority: 15 U.S.C. 19(a)(5)
April J. Tabor,
Acting Secretary.
[FR Doc. 2021–01172 Filed 1–19–21; 8:45 am]
BILLING CODE 6750–01–P
FEDERAL TRADE COMMISSION
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request
AGENCY:
Federal Trade Commission
(FTC).
ACTION:
Notice and request for comment.
The FTC requests that the
Office of Management and Budget
(OMB) extend for three years the current
Paperwork Reduction Act (PRA)
clearance for information collection
requirements contained in the Trade
Regulation Rule entitled Power Output
Claims for Amplifiers Utilized in Home
Entertainment Products (Amplifier Rule
or Rule). That clearance expires on
January 31, 2021.
DATES: Comments must be received by
February 22, 2021.
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 30-day Review—Open
for Public Comments’’ or by using the
search function. The reginfo.gov web
link is a United States Government
website produced by OMB and the
General Services Administration (GSA).
Under PRA requirements, OMB’s Office
of Information and Regulatory Affairs
(OIRA) reviews Federal information
collections.
SUMMARY:
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]]>Agencies
[Federal Register Volume 86, Number 12 (Thursday, January 21, 2021)]
[Notices]
[Pages 6329-6330]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-01217]
-----------------------------------------------------------------------
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 implement the Treasury Securities and
Agency Debt and Mortgage-Backed Securities Reporting Requirements (FR
2956; OMB No. 7100-NEW).
DATES: Comments must be submitted on or before March 22, 2021.
ADDRESSES: You may submit comments, identified by FR 2956, 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. 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: 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.
A copy of the Paperwork Reduction Act (PRA) OMB submission,
including the reporting form and instructions, supporting statement,
and other documentation will be available at https://www.reginfo.gov/public/do/PRAMain, 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 above.
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
[[Page 6330]]
received will be analyzed to determine the extent to which the Board
should modify the proposal.
Proposal Under OMB Delegated Authority To Implement the Following
Information Collection
Report title: Treasury Securities and Agency Debt and Mortgage-
Backed Securities Reporting Requirements.
Agency form number: FR 2956.
OMB control number: 7100-NEW.
Frequency: Daily.
Respondents: Depository institutions that meet the reporting
thresholds and daily transact in trading of marketable U.S. Treasury
securities and the trading of the debt and mortgage-backed securities
issued by agencies.
Estimated number of respondents: Treasury securities, 10; Agency
debt and mortgage-backed securities, 12.
Estimated average hours per response: 3.
Estimated annual burden hours: 16,500.
General description of report: The proposed FR 2956 would collect
detailed data on depository institutions' daily transactions of
marketable U.S. Treasury securities and of the debt and mortgage-backed
securities (MBS) issued by U.S. federal government agencies including
government-sponsored enterprises (agencies). The report would have two
parts: Part 1 would collect data on transactions in U.S. Treasury debt,
and Part 2 would collect transactions in debt and MBS issued by
agencies. Depository institutions subject to reporting under Parts 1
and 2 of the FR 2956 collection would be required to report all the
transaction details, information, and fields as described in the
applicable Trade Reporting and Compliance Engine (TRACE) technical
documentation, FAQs, and guides located at https://www.finra.org/filing-reporting/trace/documentation. This information would include,
but is not limited to, the Committee on Uniform Securities
Identification Procedures (CUSIP) number or similar identifier, the
transaction size (volume), price of the transaction, date of trade
execution, time of execution, and date of settlement. The Board is
proposing to implement the FR 2956 in 2021.
Every national bank, state member bank, state non-member bank,
savings association, or U.S. branch and agency of a foreign bank filing
a Notice of Government Securities Broker or Government Dealer
Activities Form (From G-FIN; OMB No. 7100-0224) with average daily
transaction volumes of over $100 million, for U.S. Treasury debt, or
over $50 million, for agency-issued debt and MBS, during the prior
fiscal year would be subject to the proposed reporting requirements.
Depository institutions subject to the reporting requirements of the
proposed FR 2956 would electronically report transactions through the
Board's data collection vendor, the Financial Industry Regulatory
Authority (FINRA), utilizing its Trade Reporting and Compliance Engine
(TRACE).
Legal authorization and confidentiality: The FR 2956 is authorized
by sections 2A and 11 of the Federal Reserve Act (``FRA''). Section 2A
of the FRA requires that the Board and the FOMC 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. Section 11 of the FRA authorizes the
Board to require reports from depository institutions as it may deem
necessary and authorizes the Board to prescribe reports of liabilities
and assets from insured depository institutions to enable the Board to
discharge its responsibility to monitor and control monetary and credit
aggregates. The obligation to respond to the FR 2956 would be
mandatory. The information collected through the FR 2956 would not be
considered confidential.
Consultation outside the agency: As part of an interagency
workgroup, the Board has consulted with the U.S. Treasury Department,
the U.S. Securities and Exchange Commission, the Commodity and Futures
Trading Commission, and FINRA on this collection.
Board of Governors of the Federal Reserve System, January 14,
2021.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2021-01217 Filed 1-19-21; 8:45 am]
BILLING CODE 6210-01-P
