82 FR 47736 - Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities
FEDERAL RESERVE SYSTEM Federal Register Volume 82, Issue 197 (October 13, 2017)
Federal Register Volume 82, Issue 197 (October 13, 2017)
| Page Range | 47736-47736 | |
| FR Document | 2017-22138 |
[Federal Register Volume 82, Number 197 (Friday, October 13, 2017)] [Notices] [Page 47736] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-22138] ======================================================================= ----------------------------------------------------------------------- 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 (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 October 26, 2017. A. Federal Reserve Bank of Minneapolis (Brendan S. Murrin, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480-0291: 1. Tradition Bancshares, Inc., Edina, Minnesota; acquire 24 percent of the voting shares of Rock Creek Advisors, LLC, Rapid City, South Dakota, and thereby engage in investment advisory services pursuant to section 225.28(b)(6). Board of Governors of the Federal Reserve System, October 6, 2017. Ann Misback, Secretary of the Board. [FR Doc. 2017-22138 Filed 10-12-17; 8:45 am] BILLING CODE P
![47736 Federal Register / Vol. 82, No. 197 / Friday, October 13, 2017 / Notices
and Order that, prior to the auction, it create the map of areas presumptively FEDERAL RESERVE SYSTEM
would establish a map of areas eligible for MF–II support.
presumptively eligible for MF–II Change in Bank Control Notices;
Federal Communications Commission.
support based on the most recently Acquisitions of Shares of a Bank or
Marlene H. Dortch, Bank Holding Company
available FCC Form 477 mobile wireless
coverage data, and provide a limited Secretary, Office of the Secretary.
The notificants listed below have
timeframe for parties to challenge those [FR Doc. 2017–22185 Filed 10–12–17; 8:45 am]
applied under the Change in Bank
initial determinations during the pre- BILLING CODE 6712–01–P
Control Act (12 U.S.C. 1817(j)) and
auction process.
§ 225.41 of the Board’s Regulation Y (12
The Commission received serval CFR 225.41) to acquire shares of a bank
petitions for reconsideration of the or bank holding company. The factors
MF–II Report and Order, including one FEDERAL RESERVE SYSTEM
that are considered in acting on the
asking it to reconsider the decision to notices are set forth in paragraph 7 of
use existing FCC Form 477 data as the Notice of Proposals To Engage in or
To Acquire Companies Engaged in the Act (12 U.S.C. 1817(j)(7)).
basis for determining the map of areas The notices are available for
presumptively eligible for MF–II Permissible Nonbanking Activities
immediate inspection at the Federal
support, and offering an industry Reserve Bank indicated. The notices
consensus proposal asking the The companies listed in this notice
have given notice under section 4 of the also will be available for inspection at
Commission to undertake a new, one- the offices of the Board of Governors.
time data collection with specified data Bank Holding Company Act (12 U.S.C.
1843) (BHC Act) and Regulation Y, (12 Interested persons may express their
parameters tailored to MF–II to views in writing to the Reserve Bank
determine the areas in which there is CFR part 225) to engage de novo, or to
acquire or control voting securities or indicated for that notice or to the offices
deployment of qualified Long Term of the Board of Governors. Comments
Evolution (LTE). On August 4, 2017, the assets of a company, including the
companies listed below, that engages must be received not later than October
Commission released an Order on 26, 2017.
Reconsideration and Second Report and either directly or through a subsidiary or
A. Federal Reserve Bank of
Order (FCC 17–102) in which it, among other company, in a nonbanking activity
Minneapolis (Brendan S. Murrin,
other things, reconsidered its earlier that is listed in § 225.28 of Regulation Y
Assistant Vice President) 90 Hennepin
decision to use FCC Form 477 data to (12 CFR 225.28) or that the Board has
Avenue, Minneapolis, Minnesota
compile the map of areas presumptively determined by Order to be closely
55480–0291:
eligible for MF–II support. The related to banking and permissible for
1. Edward Massee and Andrew
Commission decided it would instead bank holding companies. Unless
Schmidt, both of Appleton, Minnesota;
conduct a new, one-time data collection otherwise noted, these activities will be
to acquire voting shares of MPS
of 4G LTE coverage data that will be conducted throughout the United States.
Investment Company, Appleton,
used for this purpose, concluding that Each notice is available for inspection Minnesota, and thereby indirectly
for purposes of implementing MF–II at the Federal Reserve Bank indicated. acquire voting shares of Farmers &
expeditiously, this approach will The notice also will be available for Merchants State Bank, Appleton,
provide the Commission and interested inspection at the offices of the Board of Minnesota.
parties with the best available starting Governors. Interested persons may
point for the challenge process and Board of Governors of the Federal Reserve
express their views in writing on the System, October 6, 2017.
should result in fewer and more question whether the proposal complies
narrowly-focused challenges regarding Ann Misback,
with the standards of section 4 of the
representations of coverage. Secretary of the Board.
BHC Act.
Only those providers that have [FR Doc. 2017–22137 Filed 10–12–17; 8:45 am]
Unless otherwise noted, comments
previously reported 4G LTE coverage in regarding the applications must be
BILLING CODE P
FCC Form 477 and have qualified 4G received at the Reserve Bank indicated
LTE coverage (defined by download or the offices of the Board of Governors
speeds of 5 Mbps at the cell edge with FEDERAL RESERVE SYSTEM
not later than October 26, 2017.
80 percent probability and a 30 percent Formations of, Acquisitions by, and
loading factor) will be required to A. Federal Reserve Bank of
Minneapolis (Brendan S. Murrin, Mergers of Bank Holding Companies
submit data under this new, one-time
information collection. Such providers Assistant Vice President) 90 Hennepin The companies listed in this notice
will be required to file propagation Avenue, Minneapolis, Minnesota have applied to the Board for approval,
maps and model details with the 55480–0291: pursuant to the Bank Holding Company
Commission indicating their current 4G 1. Tradition Bancshares, Inc., Edina, Act of 1956 (12 U.S.C. 1841 et seq.)
LTE coverage in accordance with a Minnesota; acquire 24 percent of the (BHC Act), Regulation Y (12 CFR part
public notice that will be issued in voting shares of Rock Creek Advisors, 225), and all other applicable statutes
advance of the start of period within LLC, Rapid City, South Dakota, and and regulations to become a bank
which providers must make their filings thereby engage in investment advisory holding company and/or to acquire the
asabaliauskas on DSKBBXCHB2PROD with NOTICES
that provides instructions for how to file services pursuant to section assets or the ownership of, control of, or
the data submission, including a data 225.28(b)(6). the power to vote shares of a bank or
specification, formatting information, Board of Governors of the Federal Reserve bank holding company and all of the
and any other technical parameters that System, October 6, 2017. banks and nonbanking companies
may be necessary for such filings. The owned by the bank holding company,
Ann Misback,
Commission will use the new coverage including the companies listed below.
data, in conjunction with subsidy data Secretary of the Board. The applications listed below, as well
available from the Universal Service [FR Doc. 2017–22138 Filed 10–12–17; 8:45 am] as other related filings required by the
Administrative Company (USAC), to BILLING CODE P Board, are available for immediate
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Document Created: 2017-10-13 04:33:08
Document Modified: 2017-10-13 04:33:08
| 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 47736 |
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