82 FR 25802 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 106 (June 5, 2017)

Page Range		25802-25803
FR Document		2017-11527

Federal Register, Volume 82 Issue 106 (Monday, June 5, 2017)

[Federal Register Volume 82, Number 106 (Monday, June 5, 2017)]
[Notices]
[Pages 25802-25803]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-11527]


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FEDERAL RESERVE SYSTEM


Notice of Proposals To Engage in or To Acquire Companies Engaged 
in Permissible Nonbanking Activities

    The companies listed in this notice have given notice under section 
4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and 
Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or 
control voting securities or assets of a company, including the 
companies listed below, that engages either directly or through a 
subsidiary or other company, in a nonbanking activity that is listed in 
Sec.  225.28 of Regulation Y

[[Page 25803]]

(12 CFR 225.28) or that the Board has determined by Order to be closely 
related to banking and permissible for bank holding companies. Unless 
otherwise noted, these activities will be conducted throughout the 
United States.
    Each notice is available for inspection at the Federal Reserve Bank 
indicated. The notice also will be available for inspection at the 
offices of the Board of Governors. Interested persons may express their 
views in writing on the question whether the proposal complies with the 
standards of section 4 of the BHC Act.
    Unless otherwise noted, comments regarding the applications must be 
received at the Reserve Bank indicated or the offices of the Board of 
Governors not later than June 19, 2017.
    A. Federal Reserve Bank of St. Louis (David L. Hubbard, Senior 
Manager) P.O. Box 442, St. Louis, Missouri 63166-2034. Comments can 
also be sent electronically to Comments .[email protected]:
    1. Paramount Financial Group, LLC, St. Louis, Missouri; to acquire 
100 percent of the voting shares of Paramount Bond & Mortgage Co., 
Inc., St. Louis, Missouri, and thereby engage in mortgage activities 
pursuant to section 225.28(b)(1) of Regulation Y.

    Board of Governors of the Federal Reserve System, May 31, 2017.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2017-11527 Filed 6-2-17; 8:45 am]
 BILLING CODE 6210-01-P

25802 Federal Register / Vol. 82, No. 106 / Monday, June 5, 2017 / Notices

requested from the agency clearance Estimated Average Hours per use of such general-use prepaid cards
officer, whose name appears below. Response: FR 3063a: 25 hours; FR (15 U.S.C. 1693o–2(a)(7)(D)). It also
Federal Reserve Board Clearance 3063b: 15 hours. provides the Board with authority to
Officer—Nuha Elmaghrabi—Office of Estimated Annual Burden Hours: FR require issuers to provide information to
the Chief Data Officer, Board of 3063a: 625 hours; FR 3063b: 1,125 enable the Board to carry out the
Governors of the Federal Reserve hours. provisions of the subsection (15 U.S.C.
System, Washington, DC 20551 (202) General Description of Report: The 1693o–2(a)(3)(B)). The obligation of
452–3829. Telecommunications Device issuer survey (FR 3063a) collects data issuers to respond to the issuer survey
for the Deaf (TDD) users may contact from issuers of government- (FR 3063a) is mandatory. However, the
(202) 263–4869, Board of Governors of administered, general-use prepaid cards obligation of state governments and
the Federal Reserve System, including card program information, local government offices to respond to
Washington, DC 20551. cards outstanding, card funding, ATM the government survey (FR 3063b) is
SUPPLEMENTARY INFORMATION: transactions, purchase transactions, fees voluntary.
paid by issuers to third parties, All of the information collected on the
Request for Comment on Information interchange fees, and cardholder fees. government survey and a limited
Collection Proposal The issuer survey (FR 3063a) is amount of information collected on the
The Board invites public comment on mandatory. issuer survey is publicly available, and
the following information collection, The government survey (FR 3063b) thus, is not accorded confidential
which is being reviewed under collects data from state governments, treatment. However, most of the
authority delegated by the OMB under the District of Columbia, and U.S. information collected on the issuer
the PRA. Comments are invited on the territories (collectively ‘‘state survey is not publicly available and may
following: governments’’), and municipal be kept confidential as explained
a. Whether the proposed collection of government offices located within the herein. Data collected by the issuer
information is necessary for the proper United States (local government offices) survey may be kept confidential under
performance of the Federal Reserve’s that administer general-use prepaid card exemption (b)(4) of the Freedom of
functions; including whether the payment programs.1 Data collected from Information Act (FOIA), which exempts
information has practical utility; government offices include program from disclosure ‘‘trade secrets and
b. The accuracy of the Federal information, the number of cards commercial or financial information
Reserve’s estimate of the burden of the outstanding, and funding information. obtained from a person and privileged
proposed information collection, The government survey (FR 3063b) is or confidential’’ (5 U.S.C. 552(b)(4)).
including the validity of the voluntary. Such data may be kept confidential
methodology and assumptions used; The Board uses data from these under exemption 4 if the release of data
c. Ways to enhance the quality, surveys to support an annual report to would cause substantial harm to the
utility, and clarity of the information to the Congress on the prevalence of use of competitive position of the issuer. For
be collected; general-use prepaid cards in federal, example, certain issuer survey
d. Ways to minimize the burden of state, and local government- responses would likely contain
information collection on respondents, administered payment programs and on information related to an organization’s
including through the use of automated the interchange and cardholder fees revenue structure and other proprietary
collection techniques or other forms of charged with respect to such use of such and commercial information and the
information technology; and cards. release of such information would cause
e. Estimates of capital or startup costs Legal Authorization and substantial harm to the competitive
and costs of operation, maintenance, Confidentiality: The Board’s Legal position of the issuer and could
and purchase of services to provide Division has determined that both the therefore be kept confidential under
information. issuer survey and the government exemption 4.
At the end of the comment period, the survey are authorized by subsection Board of Governors of the Federal Reserve
comments and recommendations 920(a) of the Electronic Fund Transfer System, May 31, 2017.
received will be analyzed to determine Act, which was amended by section Ann E. Misback,
the extent to which the Federal Reserve 1075(a) of the Dodd-Frank Act (15 Secretary of the Board.
should modify the proposed revisions U.S.C. 1693o–2). This subsection [FR Doc. 2017–11577 Filed 6–2–17; 8:45 am]
prior to giving final approval. requires the Board to submit an annual BILLING CODE 6210–01–P
Proposal To Approve Under OMB report to Congress on the prevalence of
Delegated Authority the Extension for the use of general-use prepaid cards in
Three Years, Without Revision, of the Federal, State or local government- FEDERAL RESERVE SYSTEM
Following Report administered payment programs and the
interchange transaction fees and card- Notice of Proposals To Engage in or
Report Title: Government- holder fees charged with respect to the To Acquire Companies Engaged in
Administered, General-Use Prepaid Permissible Nonbanking Activities
Card Surveys. 1 The issuer and government surveys request
Agency Form Number: FR 3063a and information on all federal, state, or local The companies listed in this notice
FR 3063b. government-administered payment programs that have given notice under section 4 of the
asabaliauskas on DSKBBXCHB2PROD with NOTICES

OMB Control Number: 7100–0343. provide a general-use prepaid card (or other debit Bank Holding Company Act (12 U.S.C.
card) disbursement option to payment recipients. 1843) (BHC Act) and Regulation Y, (12
Frequency: Annual. The government survey may be distributed to
Respondents: Issuers of government- federal government agencies in addition to state and CFR part 225) to engage de novo, or to
administered, general-use prepaid cards local governments, but collections of information acquire or control voting securities or
(FR 3063a) and governments that from federal government agencies are not subject to assets of a company, including the
the Paperwork Reduction Act and, thus, are not companies listed below, that engages
administer general-use prepaid card included in this discussion.
programs (FR 3063b). U.S. territories include American Samoa, Guam,
either directly or through a subsidiary or
Estimated Number of Respondents: Midway Islands, Northern Mariana Islands, Puerto other company, in a nonbanking activity
FR 3063a: 25; FR 3063b: 75. Rico, and U.S. Virgin Islands. that is listed in § 225.28 of Regulation Y

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Federal Register / Vol. 82, No. 106 / Monday, June 5, 2017 / Notices 25803

(12 CFR 225.28) or that the Board has meeting, see the DMICC Web site, Dated: May 23, 2017.
determined by Order to be closely www.diabetescommittee.gov, or contact B. Tibor Roberts,
related to banking and permissible for Dr. B. Tibor Roberts, Executive Executive Secretary, DMICC, Office of
bank holding companies. Unless Secretary of the Diabetes Mellitus Scientific Program and Policy Analysis,
otherwise noted, these activities will be Interagency Coordinating Committee, National Institute of Diabetes and Digestive
conducted throughout the United States. National Institute of Diabetes and and Kidney Diseases, National Institutes of
Each notice is available for inspection Health.
Digestive and Kidney Diseases, 31
at the Federal Reserve Bank indicated. [FR Doc. 2017–11494 Filed 6–2–17; 8:45 am]
Center Drive, Building 31A, Room
The notice also will be available for 9A19, MSC 2560, Bethesda, MD 20892– BILLING CODE 4140–01–P
inspection at the offices of the Board of 2560, telephone: 301–496–6623; FAX:
Governors. Interested persons may 301–480–6741; email: dmicc@
express their views in writing on the DEPARTMENT OF HEALTH AND
mail.nih.gov. HUMAN SERVICES
question whether the proposal complies
with the standards of section 4 of the SUPPLEMENTARY INFORMATION: The National Institutes of Health
BHC Act. DMICC, chaired by the National
Unless otherwise noted, comments Institute of Diabetes and Digestive and National Institute of Diabetes and
regarding the applications must be Kidney Diseases (NIDDK) comprising Digestive and Kidney Diseases; Notice
received at the Reserve Bank indicated members of the Department of Health of Closed Meetings
or the offices of the Board of Governors and Human Services and other federal
not later than June 19, 2017. Pursuant to section 10(d) of the
agencies that support diabetes-related
A. Federal Reserve Bank of St. Louis Federal Advisory Committee Act, as
activities, facilitates cooperation,
(David L. Hubbard, Senior Manager) amended (5 U.S.C. App.), notice is
communication, and collaboration on hereby given of the following meetings.
P.O. Box 442, St. Louis, Missouri
diabetes among government entities. The meetings will be closed to the
63166–2034. Comments can also be sent
DMICC meetings, held several times a public in accordance with the
electronically to Comments
.applications@stls.frb.org: year, provide an opportunity for provisions set forth in sections
1. Paramount Financial Group, LLC, Committee members to learn about and 552b(c)(4) and 552b(c)(6), title 5 U.S.C.,
St. Louis, Missouri; to acquire 100 discuss current and future diabetes as amended. The grant applications and
percent of the voting shares of programs in DMICC member the discussions could disclose
Paramount Bond & Mortgage Co., Inc., organizations and to identify confidential trade secrets or commercial
St. Louis, Missouri, and thereby engage opportunities for collaboration. The property such as patentable material,
in mortgage activities pursuant to June 23, 2017 DMICC meeting will focus and personal information concerning
section 225.28(b)(1) of Regulation Y. on Measurement Science and Glycemic individuals associated with the grant
Board of Governors of the Federal Reserve
Control. applications, the disclosure of which
System, May 31, 2017. Any member of the public interested would constitute a clearly unwarranted
Yao-Chin Chao, in presenting oral comments to the invasion of personal privacy.
Assistant Secretary of the Board. Committee should notify the contact Name of Committee: National Institute of
person listed on this notice at least 10 Diabetes and Digestive and Kidney Diseases
[FR Doc. 2017–11527 Filed 6–2–17; 8:45 am]
days in advance of the meeting. Special Emphasis Panel; LTCDS Contract
BILLING CODE 6210–01–P Review.
Interested individuals and Date: June 27, 2017.
representatives or organizations should Time: 10:00 a.m. to 12:00 p.m.
DEPARTMENT OF HEALTH AND submit a letter of intent, a brief Agenda: To review and evaluate grant
HUMAN SERVICES description of the organization applications.
represented, and a written copy of their Place: National Institutes of Health, Two
National Institutes of Health oral presentation in advance of the Democracy Plaza, 6707 Democracy
Boulevard, Bethesda, MD 20892 (Telephone
meeting. Only one representative of an Conference Call).
Notice of Diabetes Mellitus Interagency organization will be allowed to present; Contact Person: Michele L. Barnard, Ph.D.,
Coordinating Committee Meeting oral comments and presentations will be Scientific Review Officer, Review Branch,
SUMMARY: The Diabetes Mellitus limited to a maximum of 5 minutes. DEA, NIDDK, National Institutes of Health,
Interagency Coordinating Committee Printed and electronic copies are Room 7353, 6707 Democracy Boulevard,
requested for the record. In addition, Bethesda, MD 20892–2542, (301) 594–8898,
(DMICC) will hold a meeting on June 23, barnardm@extra.niddk.nih.gov.
2017. The subject of the meeting will be any interested person may file written
Name of Committee: National Institute of
‘‘Measurement Science and Glycemic comments with the Committee by
Diabetes and Digestive and Kidney Diseases
Control.’’ The meeting is open to the forwarding their statement to the Special Emphasis Panel; SBIR Phase II
public. contact person listed on this notice. The Exploratory Clinical Trials.
DATES: The meeting will be held on June statement should include the name, Date: June 30, 2017.
address, telephone number and when Time: 12:00 p.m. to 1:30 p.m.
23, 2017; from 8:30 a.m. to 4:30 p.m.
applicable, the business or professional Agenda: To review and evaluate grant
Individuals wanting to present oral applications.
comments must notify the contact affiliation of the interested person.
asabaliauskas on DSKBBXCHB2PROD with NOTICES

Place: National Institutes of Health, Two
person at least 10 days before the Because of time constraints for the Democracy Plaza, 6707 Democracy
meeting date. meeting, oral comments will be allowed Boulevard, Bethesda, MD 20892 (Telephone
ADDRESSES: The meeting will be held in on a first-come, first-serve basis. Conference Call).
the Democracy 2 Building at 6707 Members of the public who would Contact Person: Thomas A. Tatham, Ph.D.,
Scientific Review Officer, Review Branch,
Democracy Blvd., Bethesda, MD, in like to receive email notification about DEA, NIDDK, National Institutes of Health,
Conference Room 7050. future DMICC meetings should register Room 7021, 6707 Democracy Boulevard,
FOR FURTHER INFORMATION CONTACT: For for the listserv available on the DMICC Bethesda, MD 20892–5452, (301) 594–3993,
further information concerning this Web site, www.diabetescommittee.gov. tathamt@mail.nih.gov.

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Document Created: 2018-11-14 10:00:57
Document Modified: 2018-11-14 10:00:57

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
FR Citation		82 FR 25802