716 Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices 

1Section 327.4(g) of the FDIC’s regulations sets 

forth the DRR. There is no need to amend this 

provision because the DRR for 2019 is the same as 

the current DRR. 

prohibits a state bank from directly 

engaging, as a principal, in any activity 

or investment that is not permissible for 

a national bank, or indirectly through a 

subsidiary in an activity or investment 

that is not permissible for a subsidiary 

of a national bank, unless such bank 

meets its minimum capital requirements 

and the FDIC determines that the 

activity or investment does not pose a 

significant risk to the Deposit Insurance 

Fund (DIF). The FDIC can make such a 

determination for exception by 

regulation or by order. Section 28(a), 12 

U.S.C. 1831e, similarly limits the 

investments and activities of state 

savings associations and their service 

corporations to those permitted by 

federal savings associations and their 

service corporations, absent FDIC 

approval. Part 362 details the activities 

that state banks or their subsidiaries 

may engage in, under certain criteria 

and conditions and identifies the 

information that state banks must 

furnish to the FDIC in order to obtain 

the FDIC’s approval or non-objection. 

Part 362 also applies to the activities 

and investments of state savings 

associations and their subsidiaries. 

There is no change in the method or 

substance of the collection. The overall 

reduction in burden hours is the result 

of economic fluctuation. In particular, 

the number of respondents has 

decreased while the hours per response 

and frequency of responses have 

remained the same. 

Request for Comment: 

Comments are invited on: (a) Whether 

the collection of information is 

necessary for the proper performance of 

the FDIC’s functions, including whether 

the information has practical utility; (b) 

the accuracy of the estimates of the 

burden of the 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; and (d) ways to minimize the 

burden of the collection of information 

on respondents, including through the 

use of automated collection techniques 

or other forms of information 

technology. All comments will become 

a matter of public record. 

Dated at Washington, DC, on January 28, 

2019. 

Federal Deposit Insurance Corporation. 

Valerie Best, 

Assistant Executive Secretary. 

[FR Doc. 2019–00559 Filed 1–30–19; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

Designated Reserve Ratio for 2019 

AGENCY: Federal Deposit Insurance 

Corporation. 

ACTION: Notice of Designated Reserve 

Ratio for 2019. 

Pursuant to the Federal Deposit 

Insurance Act, the Board of Directors of 

the Federal Deposit Insurance 

Corporation designates that the 

Designated Reserve Ratio (DRR) for the 

Deposit Insurance Fund shall remain at 

2 percent for 2019.1 The Board is 

publishing this notice as required by 

section 7(b)(3)(A)(i) of the Federal 

Deposit Insurance Act (12 U.S.C. 

1817(b)(3)(A)(i)). 

FOR FURTHER INFORMATION CONTACT: 

Ashley Mihalik, Chief, Banking and 

Regulatory Policy Section, Division of 

Insurance and Research, (202) 898– 

3793, amihalik@fdic.gov; Robert Grohal, 

Chief, Fund Analysis and Pricing 

Section, Division of Insurance and 

Research, (202) 898–6939, rgrohal@

fdic.gov; or Nefretete Smith, Counsel, 

Legal Division, (202) 898–6851, 

nefsmith@fdic.gov. 

Dated at Washington, DC, on December 18, 

2018. 

By order of the Board of Directors. 

Federal Deposit Insurance Corporation. 

Valerie Best, 

Assistant Executive Secretary. 

[FR Doc. 2019–00427 Filed 1–30–19; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL ELECTION COMMISSION 

Sunshine Act Meeting 

TIME AND DATE: Tuesday, February 5, 

2019 at 10:00 a.m. and its Continuation 

at the Conclusion of the Open Meeting 

on February 7, 2019. 

PLACE: 1050 First Street NE, 

Washington, DC. 

STATUS: This meeting will be closed to 

the public. 

MATTERS TO BE CONSIDERED Compliance 

matters pursuant to 52 U.S.C. 30109. 

Matters concerning participation in 

civil actions or proceedings or 

arbitration. 

* * * * * 

CONTACT PERSON FOR MORE INFORMATION: 

Judith Ingram, Press Officer, Telephone: 

(202) 694–1220. 

Laura E. Sinram, 

Deputy Secretary of the Commission. 

[FR Doc. 2019–00705 Filed 1–29–19; 4:15 pm] 

BILLING CODE 6715–01–P 

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 

Registration of a Securities Holding 

Company (FR 2082; OMB No. 7100– 

0347). 

DATES: Comments must be submitted on 

or before April 1, 2019. 

ADDRESSES: You may submit comments, 

identified by FR 2082, by any of the 

following methods: 

• Agency Website: http://

www.federalreserve.gov. Follow the 

instructions for submitting comments at 

https://www.federalreserve.gov/apps/ 

foia/proposedregs.aspx. 

• Email: regs.comments@

federalreserve.gov. Include OMB 

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 sensitive PII (personally 

identifiable information) at the 

commenter’s request. Public comments 

may also be viewed electronically or in 

paper form in Room 3515, 1801 K Street 

NW (between 18th and 19th Streets 

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 


amozie on DSK3GDR082PROD with NOTICES1
Federal Register / Vol. 84, No. 21 / Thursday, January 31, 2019 / Notices 717 

1The previous final Federal Register notice for 

the FR 2082 included a reference to section 

241.3(b)(3)(i) of Regulation OO. This reference has 

been removed, because section 241.3(b)(3)(i) of 

Regulation OO does not include a collection of 

information. The removal of this reference does not 

impact the total annual burden estimate for the FR 

2082, as no burden was associated with section 

241.3(b)(3)(i) of Regulation OO. 

order to inspect and photocopy 

comments. 

Additionally, commenters may send a 

copy of their comments to the OMB 

Desk Officer—Shagufta Ahmed—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: A 

copy of the PRA OMB submission, 

including the proposed reporting form 

and instructions, supporting statement, 

and other documentation will be placed 

into OMB’s public docket files, if 

approved. These documents will also be 

made available on the Board’s public 

website at: http://

www.federalreserve.gov/apps/ 

reportforms/review.aspx or may be 

requested from the agency clearance 

officer, whose name appears below. 

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. Telecommunications Device 

for the Deaf (TDD) users may contact 

(202) 263–4869, Board of Governors of 

the Federal Reserve System, 

Washington, DC 20551. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, the Office of Management and 

Budget (OMB) delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collection of information requests and 

requirements 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. 

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: 

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 to approve under OMB 

delegated authority the extension for 

three years, without revision, of the 

following report: 

Report title: Registration of a 

Securities Holding Company. 

Agency form number: FR 2082. 

OMB control number: 7100–0347. 

Frequency: On occasion. 

Respondents: Securities holding 

companies (SHCs). 

Estimated number of respondents: 1. 

Estimated average hours per response: 

8. 

Estimated annual burden hours: 8. 

General description of report: Section 

241.3(a)(1) of the Board’s Regulation OO 

requires SHCs that elect to register to 

become supervised SHCs to file the 

appropriate registration form with the 

responsible Federal Reserve Bank. The 

registration form, FR 2082, requests 

from the registering SHC an 

organization chart (including all 

subsidiaries), shareholder reports and 

financial statements, information 

regarding the SHC’s shareholders, senior 

officers and directors, information 

regarding the methods used by the SHC 

to monitor and control its operations, 

and information regarding the SHC’s 

foreign bank subsidiaries and the bank 

regulatory system in which these foreign 

bank subsidiaries operate. The 

information collected by the FR 2082 

registration form is used by the Federal 

Reserve System to determine whether 

the registrant meets the requirements to 

become a supervised SHC and to 

complete the registration. This 

information is not available from 

another source.1

Legal authorization and 

confidentiality: The FR 2082 registration 

form implemented by section 241.3(a) of 

Regulation OO, 12 CFR 241.3(a), is 

authorized by section 618(b)(2)(A) of the 

Dodd-Frank Act, 12 U.S.C. 

1850a(b)(2)(A). Section 618(b)(2)(A) 

requires covered companies that elect to 

be supervised by the Board ‘‘to register 

by filing with the Board of Governors 

such information and documents as the 

[Board], by regulation, may prescribe as 

necessary.’’ The obligation to submit the 

FR 2082 registration form is required for 

covered companies that elect to register 

to become supervised SHCs on a onetime basis. 

The information provided on the FR 

2082 registration form and in 

connection with the SHC’s registration 

is considered public. However, certain 

personal and biographical information 

on individuals, which is required to be 

submitted as part of the registration, 

may be treated as confidential under 

exemption 6 of the Freedom of 

Information Act (‘‘FOIA’’), which 

protects from disclosure information 

that ‘‘would constitute a clearly 

unwarranted invasion of personal 

privacy’’ (5 U.S.C. 552(b)(6)). In 

addition, certain information submitted 

in connection with the SHC’s 

registration may be exempt from 

disclosure under exemption 4 of the 

FOIA, which protects confidential 

commercial or financial information 

that is reasonably likely to result in 

substantial competitive harm if 

disclosed (5 U.S.C. 552(b)(4)). If an SHC 

seeks confidential treatment of any 

information submitted as part of its 

registration under exemption 4 of the 

FOIA, the SHC must submit such a 

request in accordance with section 

261.15 of the Board’s Rules Regarding 

Availability of Information (12 CFR 

261.15). In addition, information for 

which confidential treatment is sought 

under exemption 4 or 6 of the FOIA 

must be labelled as confidential, and a 

request for confidential treatment must 

be submitted in writing concurrently 

with the filing of the registration (or 

related submissions). The confidential 

treatment request must provide a 

detailed justification as to why 

confidential treatment is warranted for 

each portion of the registration (or 

submission) for which confidentiality is 

requested. 

Board of Governors of the Federal Reserve 

System, January 17, 2019. 

Michele Taylor Fennell, 

Assistant Secretary of the Board. 

[FR Doc. 2019–00367 Filed 1–30–19; 8:45 am] 

BILLING CODE 6210–01–P 


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