Proposed Agency Information Collection Activities; Comment Request, 4595-4596 [2022-01714]

Download as PDF Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices ratios. Similarly, if the savings association subsidiary of an applicant has elected to use the CBLR framework, the applicant would no longer be required to submit the FR LL–10(e) information related to the savings association’s risk-weighted assets or risk-based capital ratios. The proposed revisions would simplify the reporting requirement with regard to those savings associations and SLHCs that have elected to utilize the CBLR framework. jspears on DSK121TN23PROD with NOTICES1 Filings Pursuant to Section 238.11(f) of Regulation LL and Other Clarifications Pursuant to section 238.11(f) of Regulation LL, a director or officer of an SLHC, or any individual who owns, controls, or holds the power to vote (or holds proxies representing) more than 25 percent of the voting shares of such an SLHC, must receive the approval of the Board prior to acquiring control of any savings association that is not a subsidiary of such SLHC. The Board proposes to modify the FR LL–10(e) instructions to explicitly provide that the FR LL–10(e) must be submitted for such an application. The Board is also proposing a minor change that would correct a crossreference to the Board’s rules regarding the availability of information and to clarify that the informational requirements of the FR LL–10(e) are mandatory for all filers. Legal authorization and confidentiality: The FR LL–10(e) is authorized by section 10(b)(2) of HOLA.2 The FR LL–10(e) is required to obtain a benefit. The information contained on the FR LL–10(e) is not considered confidential unless an applicant requests confidential treatment in accordance with the Board’s Rules Regarding Availability of Information.3 Requests for confidential treatment of information are reviewed on a case-by-case basis. Information provided on the FR LL– 10(e) may be nonpublic commercial or financial information, which is both customarily and actually treated as private by the respondent, which is protected from disclosure pursuant to exemption 4 of the Freedom of Information Act (FOIA).4 Submissions of the FR LL–10(e) may also contain personnel and medical files the disclosure of which would constitute a 2 12 U.S.C. 1467a(b) (requiring SLHCs to register with the Board on such forms as it may prescribe and authorizing the Board to require reports from SLHCs containing such information concerning the operations of SLHCs and their subsidiaries as the Board may require). 3 12 CFR 261.17. 4 5 U.S.C. 552(b)(4). VerDate Sep<11>2014 18:03 Jan 27, 2022 Jkt 256001 clearly unwarranted invasion of personal privacy, which are protected under exemption 6 of the FOIA,5 or information contained in or related to examination, operating, or condition reports prepared by, on behalf of, or for the use of an agency responsible for the regulation or supervision of financial institutions, which are protected under exemption 8 of the FOIA.6 Board of Governors of the Federal Reserve System, January 24, 2022. Ann Misback, Secretary of the Board. [FR Doc. 2022–01717 Filed 1–27–22; 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 Notice of Proposed Declaration of Dividend (FR 1583; OMB No. 7100–0339). DATES: Comments must be submitted on or before March 29, 2022. ADDRESSES: You may submit comments, identified by FR 1583, 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 or FR 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 confidential business information, identifying information, or contact information. SUMMARY: 55 65 PO 00000 U.S.C. 552(b)(6). U.S.C. 552(b)(8). Frm 00044 Fmt 4703 Sfmt 4703 4595 Public comments may also be viewed electronically or in paper in Room M– 4365A, 2001 C St. 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 for the Federal Reserve Board, 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 Paperwork Reduction Act (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. During the comment period for this proposal, a copy of the proposed PRA OMB submission, including the draft reporting form and instructions, supporting statement, and other documentation, will 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. Final versions of these documents will be made available at https:// www.reginfo.gov/public/do/PRAMain, if approved. 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: E:\FR\FM\28JAN1.SGM 28JAN1 jspears on DSK121TN23PROD with NOTICES1 4596 Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices 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: Notice of Proposed Declaration of Dividend. Agency form number: FR 1583. OMB control number: 7100–0339. Frequency: Event-generated. Respondents: Savings association subsidiaries of savings and loan holding companies (SLHCs). Estimated number of respondents: 180. Estimated average hours per response: 0.25. Estimated annual burden hours: 90. General description of report: A savings association subsidiary of an SLHC must provide prior notice of the proposed declaration of a dividend by filing form FR 1583, whether electronically or by hard copy, with the appropriate Reserve Bank. The FR 1583 requires information regarding the date of the filing and the nature and amount of the proposed dividend, as well as the names and signatures of the executive officer and secretary of the savings association that is providing the notice. The FR 1583 notice may include a schedule proposing dividends over a period specified by the notificant, not to exceed 12 months. Legal authorization and confidentiality: The FR 1583 is authorized by Section 10(f) of the Home Owners’ Loan Act (HOLA).1 Section 10(f) of HOLA provides that every subsidiary savings association of an SLHC shall give the Board at least 30 days’ advance notice of the proposed declaration by its directors of any dividend on its guaranty, permanent, or other nonwithdrawable stock. Additionally, Section 10(b) of HOLA authorizes the Board to require SLHCs to file ‘‘such reports as may be required by the Board.’’ 2 The FR 1583 is mandatory. Individual respondents may request that information submitted on the FR 1583 be kept confidential on a case-bycase basis. If such a request is made, the Board will determine whether the information is entitled to confidential treatment. Requests filed pursuant to the FR 1583 may include information related to the SLHC’s business operations, such as terms and sources of the funding for dividends and pro forma balance sheets. To the extent that this information constitutes nonpublic commercial or financial information, which is both customarily and actually treated as private by the respondent, it may be kept confidential under exemption 4 of the Freedom of Information Act, which exempts ‘‘trade secrets and commercial or financial information obtained from a person and privileged or confidential.’’ 3 Board of Governors of the Federal Reserve System, January 24, 2022. Ann Misback, Secretary of the Board. [FR Doc. 2022–01714 Filed 1–27–22; 8:45 am] BILLING CODE 6210–01–P FEDERAL TRADE COMMISSION [File No. 192 3138] Fashion Nova, LLC; Analysis of Proposed Consent Order To Aid Public Comment Federal Trade Commission. Proposed consent agreement; request for comment. AGENCY: ACTION: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair or deceptive acts or practices. The attached Analysis of Proposed Consent Order to Aid Public Comment describes both the allegations in the draft complaint and the terms of the consent order— embodied in the consent agreement— that would settle these allegations. DATES: Comments must be received on or before February 28, 2022. ADDRESSES: Interested parties may file comments online or on paper by SUMMARY: 2 12 1 12 U.S.C. 1467a(f). VerDate Sep<11>2014 18:03 Jan 27, 2022 35 Jkt 256001 PO 00000 U.S.C. 1467a(b). See 12 U.S.C. 1467a(g). U.S.C. 552(b)(4). Frm 00045 Fmt 4703 Sfmt 4703 following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Please write ‘‘Fashion Nova, LLC; File No. 192 3138’’ 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: Amber Lee (202–326–2764), Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW, 5th Floor, Suite 5610 (Annex D), Washington, DC 20024. 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 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 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 February 28, 2022. Write ‘‘Fashion Nova, LLC; File No. 192 3138’’ 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. Due to the COVID–19 pandemic and the agency’s heightened security screening, postal mail addressed to the Commission will be subject to delay. We strongly encourage you to submit your comments online through the https:// www.regulations.gov website. If you prefer to file your comment on paper, write ‘‘Fashion Nova, LLC; File No. 192 3138’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade E:\FR\FM\28JAN1.SGM 28JAN1

Agencies

[Federal Register Volume 87, Number 19 (Friday, January 28, 2022)]
[Notices]
[Pages 4595-4596]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-01714]


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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 Notice of Proposed Declaration of Dividend (FR 1583; OMB 
No. 7100-0339).

DATES: Comments must be submitted on or before March 29, 2022.

ADDRESSES: You may submit comments, identified by FR 1583, 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 or FR 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 confidential 
business information, identifying information, or contact information. 
Public comments may also be viewed electronically or in paper in Room 
M-4365A, 2001 C St. 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 for the Federal 
Reserve Board, 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 Paperwork Reduction Act (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.
    During the comment period for this proposal, a copy of the proposed 
PRA OMB submission, including the draft reporting form and 
instructions, supporting statement, and other documentation, will 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. Final 
versions of these documents will be made available at https://www.reginfo.gov/public/do/PRAMain, if approved.

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:

[[Page 4596]]

    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: Notice of Proposed Declaration of Dividend.
    Agency form number: FR 1583.
    OMB control number: 7100-0339.
    Frequency: Event-generated.
    Respondents: Savings association subsidiaries of savings and loan 
holding companies (SLHCs).
    Estimated number of respondents: 180.
    Estimated average hours per response: 0.25.
    Estimated annual burden hours: 90.
    General description of report: A savings association subsidiary of 
an SLHC must provide prior notice of the proposed declaration of a 
dividend by filing form FR 1583, whether electronically or by hard 
copy, with the appropriate Reserve Bank. The FR 1583 requires 
information regarding the date of the filing and the nature and amount 
of the proposed dividend, as well as the names and signatures of the 
executive officer and secretary of the savings association that is 
providing the notice. The FR 1583 notice may include a schedule 
proposing dividends over a period specified by the notificant, not to 
exceed 12 months.
    Legal authorization and confidentiality: The FR 1583 is authorized 
by Section 10(f) of the Home Owners' Loan Act (HOLA).\1\ Section 10(f) 
of HOLA provides that every subsidiary savings association of an SLHC 
shall give the Board at least 30 days' advance notice of the proposed 
declaration by its directors of any dividend on its guaranty, 
permanent, or other nonwithdrawable stock. Additionally, Section 10(b) 
of HOLA authorizes the Board to require SLHCs to file ``such reports as 
may be required by the Board.'' \2\ The FR 1583 is mandatory.
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    \1\ 12 U.S.C. 1467a(f).
    \2\ 12 U.S.C. 1467a(b). See 12 U.S.C. 1467a(g).
---------------------------------------------------------------------------

    Individual respondents may request that information submitted on 
the FR 1583 be kept confidential on a case-by-case basis. If such a 
request is made, the Board will determine whether the information is 
entitled to confidential treatment. Requests filed pursuant to the FR 
1583 may include information related to the SLHC's business operations, 
such as terms and sources of the funding for dividends and pro forma 
balance sheets. To the extent that this information constitutes 
nonpublic commercial or financial information, which is both 
customarily and actually treated as private by the respondent, it may 
be kept confidential under exemption 4 of the Freedom of Information 
Act, which exempts ``trade secrets and commercial or financial 
information obtained from a person and privileged or confidential.'' 
\3\
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    \3\ 5 U.S.C. 552(b)(4).

    Board of Governors of the Federal Reserve System, January 24, 
2022.
Ann Misback,
Secretary of the Board.
[FR Doc. 2022-01714 Filed 1-27-22; 8:45 am]
BILLING CODE 6210-01-P
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