Rules of Practice for Hearings, 1497-1499 [2023-00327]
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1497
Rules and Regulations
Federal Register
Vol. 88, No. 7
Wednesday, January 11, 2023
This section of the FEDERAL REGISTER
contains regulatory documents having general
applicability and legal effect, most of which
are keyed to and codified in the Code of
Federal Regulations, which is published under
50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by
the Superintendent of Documents.
FEDERAL RESERVE SYSTEM
12 CFR Part 263
[Docket No. R–1799]
RIN 7100–AG 52
Rules of Practice for Hearings
Board of Governors of the
Federal Reserve System.
ACTION: Final rule.
AGENCY:
The Board of Governors of the
Federal Reserve System (the ‘‘Board’’) is
issuing a final rule amending its rules of
practice and procedure to adjust the
amount of each civil money penalty
(‘‘CMP’’) provided by law within its
jurisdiction to account for inflation as
required by the Federal Civil Penalties
Inflation Adjustment Act Improvements
Act of 2015.
DATES: This final rule is effective on
January 11, 2023.
FOR FURTHER INFORMATION CONTACT:
Thomas O. Kelly, Senior Counsel (202/
974–7059), Legal Division, Board of
Governors of the Federal Reserve
System, 20th Street and Constitution
Ave. NW, Washington, DC 20551. For
users of Telecommunication Device for
the Deaf (TDD) only, contact 202/263–
4869.
SUPPLEMENTARY INFORMATION:
lotter on DSK11XQN23PROD with RULES1
SUMMARY:
Federal Civil Penalties Inflation
Adjustment Act
The Federal Civil Penalties Inflation
Adjustment Act of 1990, 28 U.S.C. 2461
note (‘‘FCPIA Act’’), requires Federal
agencies to adjust, by regulation, the
CMPs within their jurisdiction to
account for inflation. The Federal Civil
Penalties Inflation Adjustment Act
Improvements Act of 2015 (the ‘‘2015
Act’’) 1 amended the FCPIA Act to
require Federal agencies to make annual
adjustments not later than January 15 of
every year.2 The Board is now issuing a
1 Public Law 114–74, 129 Stat. 599 (2015)
(codified at 28 U.S.C. 2461 note).
2 28 U.S.C. 2461 note, sec. 4(b)(1).
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new final rule to set the CMP levels
pursuant to the required annual
adjustment for 2023. The Board will
apply these adjusted maximum penalty
levels to any penalties assessed on or
after January 11, 2023, whose associated
violations occurred on or after
November 2, 2015. Penalties assessed
for violations occurring prior to
November 2, 2015, will be subject to the
amounts set in the Board’s 2012
adjustment pursuant to the FCPIA Act.3
Under the 2015 Act, the annual
adjustment to be made for 2023 is the
percentage by which the Consumer
Price Index for the month of October
2022 exceeds the Consumer Price Index
for the month of October 2021. On
December 15, 2022, as directed by the
2015 Act, the Office of Management and
Budget (OMB) issued guidance to
affected agencies on implementing the
required annual adjustment which
included the relevant inflation
multiplier.4 Using OMB’s multiplier, the
Board calculated the adjusted penalties
for its CMPs, rounding the penalties to
the nearest dollar.5
Administrative Procedure Act
The 2015 Act states that agencies
shall make the annual adjustment
‘‘notwithstanding section 553 of title 5,
United States Code.’’ Therefore, this
rule is not subject to the provisions of
the Administrative Procedure Act (the
‘‘APA’’), 5 U.S.C. 553, requiring notice,
public participation, and deferred
effective date.
Regulatory Flexibility Act
The Regulatory Flexibility Act, 5
U.S.C. 601 et seq., requires a regulatory
flexibility analysis only for rules for
which an agency is required to publish
a general notice of proposed
rulemaking. Because the 2015 Act states
that agencies’ annual adjustments are to
be made notwithstanding section 553 of
title 5 of United States Code—the APA
3 77
FR 68680 (Nov. 16, 2012).
Memorandum M–23–05, Implementation
of Penalty Inflation Adjustments for 2023, Pursuant
to the Federal Civil Penalties Inflation Adjustment
Act Improvements Act of 2015 (Dec. 15, 2022).
5 Under the 2015 Act and implementing OMB
guidance, agencies are not required to make an
adjustment to a CMP if, during the 12 months
preceding the required adjustment, such penalty
increased due to a law other than the 2015 Act by
an amount greater than the amount of the required
adjustment. No other laws have adjusted the CMPs
within the Board’s jurisdiction during the preceding
12 months.
4 OMB
PO 00000
Frm 00001
Fmt 4700
Sfmt 4700
section requiring notice of proposed
rulemaking—the Board is not
publishing a notice of proposed
rulemaking. Therefore, the Regulatory
Flexibility Act does not apply.
Paperwork Reduction Act
There is no collection of information
required by this final rule that would be
subject to the Paperwork Reduction Act
of 1995, 44 U.S.C. 3501 et seq.
List of Subjects in 12 CFR Part 263
Administrative practice and
procedure, Claims, Crime, Equal access
to justice, Lawyers, Penalties.
Authority and Issuance
For the reasons set forth in the
preamble, the Board amends 12 CFR
part 263 to read as follows:
PART 263—RULES OF PRACTICE FOR
HEARINGS
1. The authority citation for part 263
continues to read as follows:
■
Authority: 5 U.S.C. 504, 554–557; 12
U.S.C. 248, 324, 334, 347a, 504, 505, 1464,
1467, 1467a, 1817(j), 1818, 1820(k), 1829,
1831o, 1831p–1, 1832(c), 1847(b), 1847(d),
1884, 1972(2)(F), 3105, 3108, 3110, 3349,
3907, 3909(d), 4717; 15 U.S.C. 21, 78l(i),
78o–4, 78o–5, 78u–2; 1639e(k); 28 U.S.C.
2461 note; 31 U.S.C. 5321; and 42 U.S.C.
4012a.
2. Section 263.65 is revised to read as
follows:
■
§ 263.65 Civil money penalty inflation
adjustments.
(a) Inflation adjustments. In
accordance with the Federal Civil
Penalties Inflation Adjustment Act
Improvements Act of 2015, which
further amended the Federal Civil
Penalties Inflation Adjustment Act of
1990, the Board has set forth in
paragraph (b) of this section the
adjusted maximum amounts for each
civil money penalty provided by law
within the Board’s jurisdiction. The
authorizing statutes contain the
complete provisions under which the
Board may seek a civil money penalty.
The adjusted civil money penalties
apply only to penalties assessed on or
after January 11, 2023, whose associated
violations occurred on or after
November 2, 2015.
(b) Maximum civil money penalties.
The maximum (or, in the cases of 12
U.S.C. 334 and 1832(c), fixed) civil
E:\FR\FM\11JAR1.SGM
11JAR1
1498
Federal Register / Vol. 88, No. 7 / Wednesday, January 11, 2023 / Rules and Regulations
money penalties as set forth in the
referenced statutory sections are set
forth in the table in this paragraph (b).
TABLE 1 TO PARAGRAPH (b)
Adjusted civil
money penalty
Statute
12 U.S.C. 324 .............................................................................
12 U.S.C. 334 .............................................................................
12 U.S.C. 374a ...........................................................................
12 U.S.C. 504 .............................................................................
12 U.S.C. 505 .............................................................................
12
12
12
12
12
12
U.S.C.
U.S.C.
U.S.C.
U.S.C.
U.S.C.
U.S.C.
1464(v)(4) ..................................................................
1464(v)(5) ..................................................................
1464(v)(6) ..................................................................
1467a(i)(2) .................................................................
1467a(i)(3) .................................................................
1467a(r) .....................................................................
12 U.S.C. 1817(j)(16) .................................................................
12 U.S.C. 1818(i)(2) ...................................................................
12
12
12
12
U.S.C.
U.S.C.
U.S.C.
U.S.C.
1820(k)(6)(A)(ii) .........................................................
1832(c) .......................................................................
1847(b) ......................................................................
1847(d) ......................................................................
12 U.S.C. 1884 ...........................................................................
12 U.S.C. 1972(2)(F) ..................................................................
12 U.S.C. 3110(a) ......................................................................
12 U.S.C. 3110(c) .......................................................................
12 U.S.C. 3909(d) ......................................................................
15 U.S.C. 78u–2(b)(1) ................................................................
15 U.S.C. 78u–2(b)(2) ................................................................
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15 U.S.C. 78u–2(b)(3) ................................................................
15 U.S.C. 1639e(k)(1) ................................................................
15 U.S.C. 1639e(k)(2) ................................................................
42 U.S.C. 4012a(f)(5) .................................................................
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Jkt 259001
PO 00000
Frm 00002
.....................................................................................................
Inadvertently late or misleading reports, inter alia .....................
Other late or misleading reports, inter alia .................................
Knowingly or reckless false or misleading reports, inter alia .....
.....................................................................................................
.....................................................................................................
.....................................................................................................
First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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First Tier .....................................................................................
Second Tier ................................................................................
Third Tier ....................................................................................
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For a natural person ...................................................................
For any other person ..................................................................
.....................................................................................................
For a natural person ...................................................................
For any other person ..................................................................
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For a natural person ...................................................................
For any other person ..................................................................
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Fmt 4700
Sfmt 4700
E:\FR\FM\11JAR1.SGM
11JAR1
........................
$4,745
47,454
2,372,677
345
345
........................
11,864
59,316
2,372,677
........................
11,864
59,316
2,372,677
4,745
47,454
2,372,677
59,316
59,316
........................
4,745
47,454
2,372,677
........................
11,864
59,316
2,372,677
........................
11,864
59,316
2,372,677
390,271
3,446
59,316
........................
4,745
47,454
2,372,677
345
........................
11,864
59,316
2,372,677
54,224
........................
4,339
43,377
2,168,915
2,951
........................
11,162
111,614
........................
111,614
558,071
........................
223,229
1,116,140
13,627
27,252
2,577
Federal Register / Vol. 88, No. 7 / Wednesday, January 11, 2023 / Rules and Regulations
By order of the Board of Governors of the
Federal Reserve System, acting through the
Secretary of the Board under delegated
authority.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023–00327 Filed 1–10–23; 8:45 am]
BILLING CODE 6210–01–P
FEDERAL TRADE COMMISSION
16 CFR Part 1
Adjustments to Civil Penalty Amounts
Federal Trade Commission.
Final rule.
AGENCY:
ACTION:
The Federal Trade
Commission (‘‘FTC’’ or ‘‘Commission’’)
is implementing adjustments to the civil
penalty amounts within its jurisdiction
to account for inflation, as required by
law.
DATES: Effective January 11, 2023.
FOR FURTHER INFORMATION CONTACT:
Marie Choi, Attorney (202–326–3368),
Office of the General Counsel, Federal
Trade Commission, 600 Pennsylvania
Avenue NW, Washington, DC 20580.
SUPPLEMENTARY INFORMATION: The
Federal Civil Penalties Inflation
Adjustment Act Improvements Act
(‘‘FCPIAA’’) of 2015 1 directs agencies to
adjust the civil penalty maximums
under their jurisdiction for inflation
every January. Accordingly, the
Commission issues annual adjustments
to the maximum civil penalty amounts
under its jurisdiction.2
Commission Rule § 1.98 sets forth the
applicable civil penalty amounts for
violations of certain laws enforced by
the Commission.3 As directed by the
FCPIAA, the Commission is issuing
adjustments to increase these maximum
civil penalty amounts to address
inflation since its prior 2022
adjustment. The following adjusted
amounts will take effect on January 11,
2023:
SUMMARY:
• Section 7A(g)(1) of the Clayton Act,
15 U.S.C. 18a(g)(1) (premerger filing
notification violations under the HartScott-Rodino Improvements Act)—
Increase from $46,517 to $50,120;
• Section 11(l) of the Clayton Act, 15
U.S.C. 21(l) (violations of cease and
desist orders issued under Clayton Act
section 11(b))—Increase from $24,714 to
$26,628;
• Section 5(l) of the FTC Act, 15
U.S.C. 45(l) (unfair or deceptive acts or
practices)—Increase from $46,517 to
$50,120;
• Section 5(m)(1)(A) of the FTC Act,
15 U.S.C. 45(m)(1)(A) (unfair or
deceptive acts or practices)—Increase
from $46,517 to $50,120;
• Section 5(m)(1)(B) of the FTC Act,
15 U.S.C. 45(m)(1)(B) (unfair or
deceptive acts or practices)—Increase
from $46,517 to $50,120;
• Section 10 of the FTC Act, 15 U.S.C.
50 (failure to file required reports)—
Increase from $612 to $659;
• Section 5 of the Webb-Pomerene
(Export Trade) Act, 15 U.S.C. 65 (failure
by associations engaged solely in export
trade to file required statements)—
Increase from $612 to $659;
• Section 6(b) of the Wool Products
Labeling Act, 15 U.S.C. 68d(b) (failure
by wool manufacturers to maintain
required records)—Increase from $612
to $659;
• Section 3(e) of the Fur Products
Labeling Act, 15 U.S.C. 69a(e) (failure to
maintain required records regarding fur
products)—Increase from $612 to $659;
• Section 8(d)(2) of the Fur Products
Labeling Act, 15 U.S.C. 69f(d)(2) (failure
to maintain required records regarding
fur products)—Increase from $612 to
$659;
• Section 333(a) of the Energy Policy
and Conservation Act (EPCA), 42 U.S.C.
6303(a) (knowing violations of EPCA
section 332, including labeling
violations)—Increase from $503 to $542;
• Section 525(a) of the Energy Policy
and Conservation Act, 42 U.S.C. 6395(a)
(recycled oil labeling violations)—
Increase from $24,714 to $26,628;
1499
• Section 525(b) of the Energy Policy
and Conservation Act, 42 U.S.C. 6395(b)
(willful violations of recycled oil
labeling requirements)—Increase from
$46,517 to $50,120;
• Section 621(a)(2) of the Fair Credit
Reporting Act, 15 U.S.C. 1681s(a)(2)
(knowing violations of the Fair Credit
Reporting Act)—Increase from $4,367 to
$4,705;
• Section 1115(a) of the Medicare
Prescription Drug Improvement and
Modernization Act of 2003, Public Law
108–173, as amended by Public Law
115–263, 21 U.S.C. 355 note (failure to
comply with filing requirements)—
Increase from $16,445 to $17,719; and
• Section 814(a) of the Energy
Independence and Security Act of 2007,
42 U.S.C. 17304 (violations of
prohibitions on market manipulation
and provision of false information to
Federal agencies)—Increase from
$1,323,791 to $1,426,319.
Calculation of Inflation Adjustments
The FCPIAA, as amended, directs
Federal agencies to adjust each civil
monetary penalty under their
jurisdiction for inflation in January of
each year pursuant to a cost-of-living
adjustment.4 The cost-of-living
adjustment is based on the percent
change between the U.S. Department of
Labor’s Consumer Price Index for allurban consumers (‘‘CPI–U’’) for the
month of October preceding the date of
the adjustment, and the CPI–U for
October of the prior year.5 Based on that
formula, the cost-of-living adjustment
multiplier for 2023 is 1.07745. The
FCPIAA also directs that these penalty
level adjustments should be rounded to
the nearest dollar. Agencies do not have
discretion over whether to adjust a
maximum civil penalty, or the method
used to determine the adjustment.
The following chart illustrates the
application of these adjustments to the
civil monetary penalties under the
Commission’s jurisdiction.
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CALCULATION OF ADJUSTMENTS TO MAXIMUM CIVIL MONETARY PENALTIES
2022 Penalty
level
Citation
Description
16 CFR 1.98(a): 15 U.S.C. 18a(g)(1) .............
16 CFR 1.98(b): 15 U.S.C. 21(l) .....................
Premerger filing notification violations ...........
Violations of cease and desist orders ............
1 Public Law 114–74, 701, 129 Stat. 599 (2015).
The Act amends the Federal Civil Penalties
Inflation Adjustment Act, Public Law 101–410, 104
Stat. 890 (codified at 28 U.S.C. 2461 note).
2 81 FR 42476 (2016); 82 FR 8135 (2017); 83 FR
2902 (2018); 84 FR 3980 (2019), 85 FR 2014 (2020);
86 FR 2539 (2021); 87 FR 1070 (2022).
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3 16
CFR 1.98.
U.S.C. 2461 note (4).
5 Id. (3), (5)(b); Office of Management and Budget,
Memorandum M–23–05, Implementation of Penalty
Inflation Adjustments for 2023, Pursuant to the
Federal Civil Penalties Inflation Adjustment Act
4 28
PO 00000
Frm 00003
Fmt 4700
Sfmt 4700
$46,517
24,714
Adjustment
multiplier
1.07745
1.07745
2023 Penalty
level
rounded to the
nearest dollar)
$50,120
26,628
Improvements Act of 2015 (December 15, 2022),
available at: https://www.whitehouse.gov/wpcontent/uploads/2022/12/M-23-05-CMP-CMPGuidance.pdf.
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11JAR1
Agencies
[Federal Register Volume 88, Number 7 (Wednesday, January 11, 2023)]
[Rules and Regulations]
[Pages 1497-1499]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-00327]
========================================================================
Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
========================================================================
Federal Register / Vol. 88, No. 7 / Wednesday, January 11, 2023 /
Rules and Regulations
[[Page 1497]]
FEDERAL RESERVE SYSTEM
12 CFR Part 263
[Docket No. R-1799]
RIN 7100-AG 52
Rules of Practice for Hearings
AGENCY: Board of Governors of the Federal Reserve System.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: The Board of Governors of the Federal Reserve System (the
``Board'') is issuing a final rule amending its rules of practice and
procedure to adjust the amount of each civil money penalty (``CMP'')
provided by law within its jurisdiction to account for inflation as
required by the Federal Civil Penalties Inflation Adjustment Act
Improvements Act of 2015.
DATES: This final rule is effective on January 11, 2023.
FOR FURTHER INFORMATION CONTACT: Thomas O. Kelly, Senior Counsel (202/
974-7059), Legal Division, Board of Governors of the Federal Reserve
System, 20th Street and Constitution Ave. NW, Washington, DC 20551. For
users of Telecommunication Device for the Deaf (TDD) only, contact 202/
263-4869.
SUPPLEMENTARY INFORMATION:
Federal Civil Penalties Inflation Adjustment Act
The Federal Civil Penalties Inflation Adjustment Act of 1990, 28
U.S.C. 2461 note (``FCPIA Act''), requires Federal agencies to adjust,
by regulation, the CMPs within their jurisdiction to account for
inflation. The Federal Civil Penalties Inflation Adjustment Act
Improvements Act of 2015 (the ``2015 Act'') \1\ amended the FCPIA Act
to require Federal agencies to make annual adjustments not later than
January 15 of every year.\2\ The Board is now issuing a new final rule
to set the CMP levels pursuant to the required annual adjustment for
2023. The Board will apply these adjusted maximum penalty levels to any
penalties assessed on or after January 11, 2023, whose associated
violations occurred on or after November 2, 2015. Penalties assessed
for violations occurring prior to November 2, 2015, will be subject to
the amounts set in the Board's 2012 adjustment pursuant to the FCPIA
Act.\3\
---------------------------------------------------------------------------
\1\ Public Law 114-74, 129 Stat. 599 (2015) (codified at 28
U.S.C. 2461 note).
\2\ 28 U.S.C. 2461 note, sec. 4(b)(1).
\3\ 77 FR 68680 (Nov. 16, 2012).
---------------------------------------------------------------------------
Under the 2015 Act, the annual adjustment to be made for 2023 is
the percentage by which the Consumer Price Index for the month of
October 2022 exceeds the Consumer Price Index for the month of October
2021. On December 15, 2022, as directed by the 2015 Act, the Office of
Management and Budget (OMB) issued guidance to affected agencies on
implementing the required annual adjustment which included the relevant
inflation multiplier.\4\ Using OMB's multiplier, the Board calculated
the adjusted penalties for its CMPs, rounding the penalties to the
nearest dollar.\5\
---------------------------------------------------------------------------
\4\ OMB Memorandum M-23-05, Implementation of Penalty Inflation
Adjustments for 2023, Pursuant to the Federal Civil Penalties
Inflation Adjustment Act Improvements Act of 2015 (Dec. 15, 2022).
\5\ Under the 2015 Act and implementing OMB guidance, agencies
are not required to make an adjustment to a CMP if, during the 12
months preceding the required adjustment, such penalty increased due
to a law other than the 2015 Act by an amount greater than the
amount of the required adjustment. No other laws have adjusted the
CMPs within the Board's jurisdiction during the preceding 12 months.
---------------------------------------------------------------------------
Administrative Procedure Act
The 2015 Act states that agencies shall make the annual adjustment
``notwithstanding section 553 of title 5, United States Code.''
Therefore, this rule is not subject to the provisions of the
Administrative Procedure Act (the ``APA''), 5 U.S.C. 553, requiring
notice, public participation, and deferred effective date.
Regulatory Flexibility Act
The Regulatory Flexibility Act, 5 U.S.C. 601 et seq., requires a
regulatory flexibility analysis only for rules for which an agency is
required to publish a general notice of proposed rulemaking. Because
the 2015 Act states that agencies' annual adjustments are to be made
notwithstanding section 553 of title 5 of United States Code--the APA
section requiring notice of proposed rulemaking--the Board is not
publishing a notice of proposed rulemaking. Therefore, the Regulatory
Flexibility Act does not apply.
Paperwork Reduction Act
There is no collection of information required by this final rule
that would be subject to the Paperwork Reduction Act of 1995, 44 U.S.C.
3501 et seq.
List of Subjects in 12 CFR Part 263
Administrative practice and procedure, Claims, Crime, Equal access
to justice, Lawyers, Penalties.
Authority and Issuance
For the reasons set forth in the preamble, the Board amends 12 CFR
part 263 to read as follows:
PART 263--RULES OF PRACTICE FOR HEARINGS
0
1. The authority citation for part 263 continues to read as follows:
Authority: 5 U.S.C. 504, 554-557; 12 U.S.C. 248, 324, 334,
347a, 504, 505, 1464, 1467, 1467a, 1817(j), 1818, 1820(k), 1829,
1831o, 1831p-1, 1832(c), 1847(b), 1847(d), 1884, 1972(2)(F), 3105,
3108, 3110, 3349, 3907, 3909(d), 4717; 15 U.S.C. 21, 78l(i), 78o-4,
78o-5, 78u-2; 1639e(k); 28 U.S.C. 2461 note; 31 U.S.C. 5321; and 42
U.S.C. 4012a.
0
2. Section 263.65 is revised to read as follows:
Sec. 263.65 Civil money penalty inflation adjustments.
(a) Inflation adjustments. In accordance with the Federal Civil
Penalties Inflation Adjustment Act Improvements Act of 2015, which
further amended the Federal Civil Penalties Inflation Adjustment Act of
1990, the Board has set forth in paragraph (b) of this section the
adjusted maximum amounts for each civil money penalty provided by law
within the Board's jurisdiction. The authorizing statutes contain the
complete provisions under which the Board may seek a civil money
penalty. The adjusted civil money penalties apply only to penalties
assessed on or after January 11, 2023, whose associated violations
occurred on or after November 2, 2015.
(b) Maximum civil money penalties. The maximum (or, in the cases of
12 U.S.C. 334 and 1832(c), fixed) civil
[[Page 1498]]
money penalties as set forth in the referenced statutory sections are
set forth in the table in this paragraph (b).
Table 1 to Paragraph (b)
------------------------------------------------------------------------
Adjusted civil
Statute money penalty
------------------------------------------------------------------------
12 U.S.C. 324..................... .................... ..............
Inadvertently late $4,745
or misleading
reports, inter alia.
Other late or 47,454
misleading reports,
inter alia.
Knowingly or 2,372,677
reckless false or
misleading reports,
inter alia.
12 U.S.C. 334..................... .................... 345
12 U.S.C. 374a.................... .................... 345
12 U.S.C. 504..................... .................... ..............
First Tier.......... 11,864
Second Tier......... 59,316
Third Tier.......... 2,372,677
12 U.S.C. 505..................... .................... ..............
First Tier.......... 11,864
Second Tier......... 59,316
Third Tier.......... 2,372,677
12 U.S.C. 1464(v)(4).............. .................... 4,745
12 U.S.C. 1464(v)(5).............. .................... 47,454
12 U.S.C. 1464(v)(6).............. .................... 2,372,677
12 U.S.C. 1467a(i)(2)............. .................... 59,316
12 U.S.C. 1467a(i)(3)............. .................... 59,316
12 U.S.C. 1467a(r)................ .................... ..............
First Tier.......... 4,745
Second Tier......... 47,454
Third Tier.......... 2,372,677
12 U.S.C. 1817(j)(16)............. .................... ..............
First Tier.......... 11,864
Second Tier......... 59,316
Third Tier.......... 2,372,677
12 U.S.C. 1818(i)(2).............. .................... ..............
First Tier.......... 11,864
Second Tier......... 59,316
Third Tier.......... 2,372,677
12 U.S.C. 1820(k)(6)(A)(ii)....... .................... 390,271
12 U.S.C. 1832(c)................. .................... 3,446
12 U.S.C. 1847(b)................. .................... 59,316
12 U.S.C. 1847(d)................. .................... ..............
First Tier.......... 4,745
Second Tier......... 47,454
Third Tier.......... 2,372,677
12 U.S.C. 1884.................... .................... 345
12 U.S.C. 1972(2)(F).............. .................... ..............
First Tier.......... 11,864
Second Tier......... 59,316
Third Tier.......... 2,372,677
12 U.S.C. 3110(a)................. .................... 54,224
12 U.S.C. 3110(c)................. .................... ..............
First Tier.......... 4,339
Second Tier......... 43,377
Third Tier.......... 2,168,915
12 U.S.C. 3909(d)................. .................... 2,951
15 U.S.C. 78u-2(b)(1)............. .................... ..............
For a natural person 11,162
For any other person 111,614
15 U.S.C. 78u-2(b)(2)............. .................... ..............
For a natural person 111,614
For any other person 558,071
15 U.S.C. 78u-2(b)(3)............. .................... ..............
For a natural person 223,229
For any other person 1,116,140
15 U.S.C. 1639e(k)(1)............. .................... 13,627
15 U.S.C. 1639e(k)(2)............. .................... 27,252
42 U.S.C. 4012a(f)(5)............. .................... 2,577
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[[Page 1499]]
By order of the Board of Governors of the Federal Reserve
System, acting through the Secretary of the Board under delegated
authority.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-00327 Filed 1-10-23; 8:45 am]
BILLING CODE 6210-01-P