82 FR 57599 - Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 233 (December 6, 2017)

Page Range		57599-57599
FR Document		2017-26282

Federal Register, Volume 82 Issue 233 (Wednesday, December 6, 2017)

[Federal Register Volume 82, Number 233 (Wednesday, December 6, 2017)]
[Notices]
[Page 57599]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-26282]


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FEDERAL RESERVE SYSTEM


Change in Bank Control Notices; Acquisitions of Shares of a Bank 
or Bank Holding Company

    The notificants listed below have applied under the Change in Bank 
Control Act (12 U.S.C. 1817(j)) and Sec.  225.41 of the Board's 
Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank 
holding company. The factors that are considered in acting on the 
notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)).
    The notices are available for immediate inspection at the Federal 
Reserve Bank indicated. The notices also will be available for 
inspection at the offices of the Board of Governors. Interested persons 
may express their views in writing to the Reserve Bank indicated for 
that notice or to the offices of the Board of Governors. Comments must 
be received not later than December 21, 2017.
    A. Federal Reserve Bank of Minneapolis (Brendan S. Murrin, 
Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 
55480-0291:
    1. Charles W. Vorwerk, Moorhead, Minnesota; to retain voting shares 
of Hatton Bancshares, Inc., and thereby indirectly retain voting shares 
of Aspire Financial, both in Fargo, North Dakota.

    Board of Governors of the Federal Reserve System, December 1, 
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-26282 Filed 12-5-17; 8:45 am]
 BILLING CODE P

Federal Register / Vol. 82, No. 233 / Wednesday, December 6, 2017 / Notices 57599

* Provide your comments in writing (‘‘OMB’’) to extend for an additional for each collection of information they
by U.S. mail or email as indicated in the three years the current Paperwork conduct or sponsor. ‘‘Collection of
ADDRESS section above. Reduction Act (‘‘PRA’’) clearance for the information’’ includes agency requests
Authority: Clean Water Act, 33 U.S.C. 1251 FTC’s enforcement of the information or requirements to submit reports, keep
et seq. collection requirements in its Fair records, or provide information to a
Packaging and Labeling Act regulations third party. 44 U.S.C. 3502(3); 5 CFR
Dated: October 2, 2017.
(‘‘FPLA Rules’’). That clearance expires 1320.3(c). The FTC seeks clearance for
Tomás Torres, on April 30, 2018. the disclosure requirements under the
Director, Water Division, EPA Region 9. DATES: Comments must be filed by FPLA Rules and the FTC’s associated
[FR Doc. 2017–26302 Filed 12–5–17; 8:45 am] February 5, 2018. PRA burden estimates that follow.
BILLING CODE 6560–50–P ADDRESSES: Interested parties may file a Pursuant to Section 3506(c)(2)(A) of
comment online or on paper, by the PRA, the FTC invites comments on:
following the instructions in the (1) Whether the disclosure requirements
FEDERAL RESERVE SYSTEM Request for Comment part of the are necessary, including whether the
SUPPLEMENTARY INFORMATION section information will be practically useful;
Change in Bank Control Notices; below. Write ‘‘FPLA Rules, PRA (2) the accuracy of our burden estimates,
Acquisitions of Shares of a Bank or Comment, P074200’’ on your comment including whether the methodology and
Bank Holding Company and file your comment online at https:// assumptions used are valid; (3) ways to
ftcpublic.commentworks.com/ftc/ enhance the quality, utility, and clarity
The notificants listed below have of the information to be collected; and
applied under the Change in Bank fplaregspra by following the
instructions on the web-based form. If (4) ways to minimize the burden of
Control Act (12 U.S.C. 1817(j)) and providing the required information to
§ 225.41 of the Board’s Regulation Y (12 you prefer to file your comment on
paper, mail your comment to the consumers.
CFR 225.41) to acquire shares of a bank A. Estimated Number of Respondents:
or bank holding company. The factors following address: Federal Trade
Commission, Office of the Secretary, 808,425.2
that are considered in acting on the B. Burden Hours: 8,084,250 hours,
notices are set forth in paragraph 7 of 600 Pennsylvania Avenue NW., Suite
cumulative (yearly recurring burden of
the Act (12 U.S.C. 1817(j)(7)). CC–5610 (Annex J), Washington, DC
10 hours per respondent to modify and
The notices are available for 20580, or deliver your comment to the
distribute notices x 808,425
immediate inspection at the Federal following address: Federal Trade
respondents).
Reserve Bank indicated. The notices Commission, Office of the Secretary, C. Labor Costs: $199,680,975.
also will be available for inspection at Constitution Center, 400 7th Street SW., Labor costs are derived by applying
the offices of the Board of Governors. 5th Floor, Suite 5610 (Annex J), appropriate estimated hourly cost
Interested persons may express their Washington, DC 20024. figures to the burden hours described
views in writing to the Reserve Bank FOR FURTHER INFORMATION CONTACT: above. The FTC assumes that
indicated for that notice or to the offices Megan Gray, Attorney, Division of respondents will use employees to
of the Board of Governors. Comments Enforcement, Bureau of Consumer create compliant labels. Of the 10 hours
must be received not later than Protection, (202) 326–3405, 600 spent by each respondent, Commission
December 21, 2017. Pennsylvania Ave. NW., Room 9541, staff assumes the hour breakdown will
A. Federal Reserve Bank of Washington, DC 20580. be as follows: 1 hour of managerial and/
Minneapolis (Brendan S. Murrin, SUPPLEMENTARY INFORMATION: The FPLA, or professional time per covered entity,
Assistant Vice President) 90 Hennepin 15 U.S.C. 1451–1461, was enacted to at an hourly wage of $60,3 2 hours of
Avenue, Minneapolis, Minnesota eliminate consumer deception
55480–0291: concerning product size and package 2 Commission staff identified categories of entities

content. Section 4 of the FPLA under its jurisdiction that supply consumer
1. Charles W. Vorwerk, Moorhead, commodities as defined in the FPLA Rules. Those
Minnesota; to retain voting shares of specifically requires packages or labels categories include retailers, wholesalers, and
Hatton Bancshares, Inc., and thereby to be marked with: (1) A statement of manufacturers. Commission staff estimated the
indirectly retain voting shares of Aspire identity; (2) a net quantity of contents number of retailers (735,038) based on Census data
disclosure; and (3) the name and place (under NAICS subsectors 445, 452, and 453,
Financial, both in Fargo, North Dakota. respectively, for food and beverage stores, general
of business of the company responsible merchandise stores, and miscellaneous store
Board of Governors of the Federal Reserve
System, December 1, 2017.
for the product. The FPLA regulations, retailers) compiled by PricewaterhouseCoopers,
16 CFR parts 500–503, specify how LLC for the National Retail Federation report,
Ann E. Misback, ‘‘Retail’s Impact Across America’’: https://nrf.com/
manufacturers, packagers, and
Secretary of the Board. advocacy/retails-impact. Commission staff
distributors of ‘‘consumer commodities’’ estimated the number of wholesalers (44,719)
[FR Doc. 2017–26282 Filed 12–5–17; 8:45 am] must do this.1 (https://factfinder.census.gov/bkmk/table/1.0/en/
BILLING CODE P Under the PRA, 44 U.S.C. 3501–3521, ECN/2012_US/42SLLS1) and manufacturers
federal agencies must get OMB approval (28,668) (https://factfinder.census.gov/faces/
tableservices/jsf/pages/productview
.xhtml?pid=ECN_2012_US_
FEDERAL TRADE COMMISSION 1 ‘‘The term consumer commodity or commodity
31SG1&prodType=table) based on 2012 Economic
means any article, product, or commodity of any Census data. Although the stated number of
Agency Information Collection kind or class which is customarily produced or respondents suggests precision, it is an estimate in
distributed for sale through retail sales agencies or that it aggregates the number of establishments
Activities; Proposed Collection; instrumentalities for consumption by individuals, under industry codes that FTC staff believes reflect
daltland on DSKBBV9HB2PROD with NOTICES

Comment Request; Extension or use by individuals for purposes of personal care entities subject to the FPLA. But, even allowing for
or in the performance of services ordinarily industries that may apply, the Census data do not
AGENCY: Federal Trade Commission rendered within the household, and which usually separately break out non-household products from
(‘‘FTC’’ or ‘‘Commission’’). is consumed or expended in the course of such household use. Accordingly, the source information
consumption or use.’’ 16 CFR 500.2(c). For the is over-inclusive and thus overstates what is
ACTION: Notice. precise scope of the term’s coverage see 16 CFR actually subject to the FPLA.
500.2(c); 503.2; 503.5. See also http://ftc.gov/ 3 Based on ‘‘General and Operations Managers’’
SUMMARY: The FTC intends to ask the enforcement/rules/rulemaking-regulatory-reform- ($58.70), rounded up to $60, available from Bureau
Office of Management and Budget proceedings/fair-packaging-labeling-act. Continued

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Document Created: 2017-12-06 00:21:33
Document Modified: 2017-12-06 00:21:33

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 57599