Federal Register / Vol. 86, No. 2 / Tuesday, January 5, 2021 / Notices 299 

1Public Law 101–410, 104 Stat. 890, codified at 

28 U.S.C. 2461 note. 

2Public Law 114–74, 701(b), 129 Stat. 599, 

codified at 28 U.S.C. 2461 note. 

3See Office of Mgmt. & Budget, Exec. Office of 

the President, OMB Memorandum No. M–21–10, 

Implementation of Penalty Inflation Adjustments 

for 2021, Pursuant to the Federal Civil Penalties 

Inflation Adjustment Act Improvements Act of 2015 

4 (2020), https://www.whitehouse.gov/wp-content/ 

uploads/2020/12/M-21-10.pdf (‘‘OMB Guidance’’); 

see also 12 CFR 308.132(d) (FDIC regulation that 

guides readers to the Federal Register to see the 

annual notice of CMP inflation adjustments). 

4See OMB Guidance at 1 (providing an inflation 

multiplier of 1.01182). 

5Penalties assessed for violations occurring prior 

to November 2, 2015, will be subject to the 

maximum amounts set forth in the FDIC’s 

regulations in effect prior to the enactment of the 

2015 Adjustment Act. 

and voting. (In addition to publishing 

notices on EEOC Commission meetings 

in the Federal Register, the Commission 

also provides information about 

Commission meetings on its website, 

www.eeoc.gov. and provides a recorded 

announcement a week in advance on 

future Commission meetings.) 

Please telephone (202) 663–7100 

(voice) or (202) 921–2750, or email 

commissionmeetingcomments@eeoc.gov 

at any time for information on this 

meeting. 

CONTACT PERSON FOR MORE INFORMATION: 

Rachel V. See, Acting Executive Officer, 

(202) 921–2545. 

Dated: December 31, 2020. 

Rachel V. See, 

Acting Executive Officer, Executive 

Secretariat. 

[FR Doc. 2020–29286 Filed 12–31–20; 4:15 pm] 

BILLING CODE 6570–01–P 

FEDERAL DEPOSIT INSURANCE 

CORPORATION 

RIN 3064–ZA22 

Notice of Inflation Adjustments for 

Civil Money Penalties 

AGENCY: Federal Deposit Insurance 

Corporation. 

ACTION: Notice of Monetary Penalties 

2021. 

SUMMARY: The Federal Deposit 

Insurance Corporation is providing 

notice of its maximum civil money 

penalties as adjusted for inflation. 

DATES: The adjusted maximum amounts 

of civil money penalties in this notice 

are applicable to penalties assessed after 

January 15, 2021, for conduct occurring 

on or after November 2, 2015. 

FOR FURTHER INFORMATION CONTACT: 

Graham N. Rehrig, Senior Attorney, 

Legal Division, (202) 898–3829, 

grehrig@fdic.gov; Federal Deposit 

Insurance Corporation, 550 17th Street 

NW, Washington, DC 20429. 

SUPPLEMENTARY INFORMATION: This 

notice announces changes to the 

maximum amount of each civil money 

penalty (CMP) within the Federal 

Deposit Insurance Corporation’s (FDIC) 

jurisdiction to administer to account for 

inflation under the Federal Civil 

Penalties Inflation Adjustment Act of 

1990 (1990 Adjustment Act),1 as 

amended by the Federal Civil Penalties 

Inflation Adjustment Act Improvements 

Act of 2015 (2015 Adjustment Act).2

Under the 1990 Adjustment Act, as 

amended, federal agencies must make 

annual adjustments to the maximum 

amount of each CMP the agency 

administers. The Office of Management 

and Budget (OMB) is required to issue 

guidance to federal agencies no later 

than December 15 of each year 

providing an inflation-adjustment 

multiplier (i.e., the inflation-adjustment 

factor agencies must use) applicable to 

CMPs assessed in the following year. 

Agencies are required to publish their 

CMPs, adjusted under the multiplier 

provided by the OMB, by January 15 of 

the applicable year. Agencies, like the 

FDIC, that have codified the statutory 

formula for making the CMP 

adjustments may make annual inflation 

adjustments by providing notice in the 

Federal Register.3

On December 23, 2020, the OMB 

issued guidance to affected agencies on 

implementing the required annual 

adjustment, which guidance included 

the relevant inflation multiplier.4 The 

FDIC has applied that multiplier to the 

maximum CMPs allowable in 2020 for 

FDIC-supervised institutions to 

calculate the maximum amount of CMPs 

that may be assessed by the FDIC in 

2021.5 There were no new statutory 

CMPs administered by the FDIC during 

2020. 

The following charts provide the 

inflation-adjusted maximum CMP 

amounts for use after January 15, 2021— 

the effective date of the 2021 annual 

adjustments—under 12 CFR part 308, 

for conduct occurring on or after 

November 2, 2015: 

MAXIMUM CIVIL MONEY PENALTY AMOUNTS

U.S. code citation 

Current maximum 

CMP 

(through January 

14, 2021) 

Adjusted maximum 

CMP6

(beginning January 

15, 2021) 

12 U.S.C. 1464(v): 

Tier One CMP7 ............................................................................................................................ $4,098 $4,146 

Tier Two CMP .............................................................................................................................. 40,979 2,048,915 

Tier Three CMP8 .......................................................................................................................... 41,463 2,073,133 

12 U.S.C. 1467(d) ................................................................................................................................ 10,245 10,366 

12 U.S.C. 1817(a): 

Tier One CMP9 ............................................................................................................................ 4,098 4,146 

Tier Two CMP .............................................................................................................................. 40,979 41,463 

Tier Three CMP10 ........................................................................................................................ 2,048,915 2,073,133 

12 U.S.C. 1817(c): 

Tier One CMP .............................................................................................................................. 3,747 3,791 

Tier Two CMP .............................................................................................................................. 37,458 37,901 

Tier Three CMP11 ........................................................................................................................ 1,872,957 1,895,095 

12 U.S.C. 1817(j)(16): 

Tier One CMP .............................................................................................................................. 10,245 10,366 

Tier Two CMP .............................................................................................................................. 51,222 51,827 

Tier Three CMP12 ........................................................................................................................ 2,048,915 2,073,133 

12 U.S.C. 1818(i)(2): 13

Tier One CMP .............................................................................................................................. 10,245 10,366 

Tier Two CMP .............................................................................................................................. 51,222 51,827 

Tier Three CMP14 ........................................................................................................................ 2,048,915 2,073,133 


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300 Federal Register / Vol. 86, No. 2 / Tuesday, January 5, 2021 / Notices 

6The maximum penalty amount is per day, 

unless otherwise indicated. 

7 12 U.S.C. 1464(v) provides the maximum CMP 

amounts for the late filing of certain Call Reports. 

In 2012, however, the FDIC issued regulations that 

further subdivided these amounts based upon the 

size of the institution and the lateness of the filing. 

See 77 FR 74573, 74576–78 (Dec. 17, 2012), 

codified at 12 CFR 308.132(e)(1). These adjusted 

subdivided amounts are found at the end of this 

chart. 

8The maximum penalty amount for an institution 

is the lesser of this amount or 1 percent of total 

assets. 

9 12 U.S.C. 1817(a) provides the maximum CMP 

amounts for the late filing of certain Call Reports. 

In 1991, however, the FDIC issued regulations that 

further subdivided these amounts based upon the 

size of the institution and the lateness of the filing. 

See 56 FR 37968, 37992–93 (Aug. 9, 1991), codified 

at 12 CFR 308.132(e)(1). These adjusted subdivided 

amounts are found at the end of this chart. 

10The maximum penalty amount for an 

institution is the lesser of this amount or 1 percent 

of total assets. 

11The maximum penalty amount for an 

institution is the lesser of this amount or 1 percent 

of total assets. 

12The maximum penalty amount for an 

institution is the lesser of this amount or 1 percent 

of total assets. 

13These amounts also apply to CMPs in statutes 

that cross-reference 12 U.S.C. 1818, such as 12 

U.S.C. 2601, 2804(b), 3108(b), 3349(b), 4009(a), 

4309(a), 4717(b); 15 U.S.C. 1607(a), 1681s(b), 

1691(b), 1691c(a), 1693o(a); and 42 U.S.C. 3601. 

14The maximum penalty amount for an 

institution is the lesser of this amount or 1 percent 

of total assets. 

15The $129-per-day maximum CMP under 12 

U.S.C. 1828(h), for failure or refusal to pay any 

assessment, applies only when the assessment is 

less than $10,000. When the amount of the 

assessment is $10,000 or more, the maximum CMP 

under section 1828(h) is 1 percent of the amount 

of the assessment for each day that the failure or 

refusal continues. 

16The maximum penalty amount for an 

institution is the lesser of this amount or 1 percent 

of total assets. 

MAXIMUM CIVIL MONEY PENALTY AMOUNTS—Continued 

U.S. code citation 

Current maximum 

CMP 

(through January 

14, 2021) 

Adjusted maximum 

CMP6

(beginning January 

15, 2021) 

12 U.S.C. 1820(e)(4) ........................................................................................................................... 9,365 9,476 

12 U.S.C. 1820(k)(6) ........................................................................................................................... 337,016 341,000 

12 U.S.C. 1828(a)(3) ........................................................................................................................... 127 129 

12 U.S.C. 1828(h): 15

For assessments <$10,000 .......................................................................................................... 127 129 

12 U.S.C. 1829b(j) ............................................................................................................................... 21,410 21,663 

12 U.S.C. 1832(c) ................................................................................................................................ 2,976 3,011 

12 U.S.C. 1884 .................................................................................................................................... 297 301 

12 U.S.C. 1972(2)(F): 

Tier One CMP .............................................................................................................................. 10,245 10,366 

Tier Two CMP .............................................................................................................................. 51,222 51,827 

Tier Three CMP16 ........................................................................................................................ 2,048,915 2,073,133 

12 U.S.C. 3909(d) ................................................................................................................................ 2,549 2,579 

15 U.S.C. 78u–2: 

Tier One CMP (individuals) .......................................................................................................... 9,639 9,753 

Tier One CMP (others) ................................................................................................................. 96,384 97,523 

Tier Two CMP (individuals) .......................................................................................................... 96,384 97,523 

Tier Two CMP (others) ................................................................................................................. 481,920 487,616 

Tier Three CMP (individuals) ....................................................................................................... 192,768 195,047 

Tier Three CMP (others) .............................................................................................................. 963,837 975,230 

15 U.S.C. 1639e(k): 

First violation ................................................................................................................................ 11,767 11,906 

Subsequent violations .................................................................................................................. 23,533 23,811 

31 U.S.C. 3802 .................................................................................................................................... 11,665 11,803 

42 U.S.C. 4012a(f) ............................................................................................................................... 2,226 2,252 

CFR citation Current presumptive CMP 

(through January 14, 2021) 

Adjusted presumptive CMP 

(beginning January 15, 2021) 

12 CFR 308.132(e)(1)(i): 

Institutions with $25 million or more in assets: 

1 to 15 days late .................................. $562 ................................................................. $569. 

16 or more days late ............................ $1,124 .............................................................. $1,137. 

Institutions with less than $25 million in assets: 

1 to 15 days late 17 .............................. $188 ................................................................. $190. 

16 or more days late 18 ........................ $374 ................................................................. $378. 

12 CFR 308.132(e)(1)(ii): 

Institutions with $25 million or more in assets: 

1 to 15 days late .................................. $936 ................................................................. $947. 

16 or more days late ............................ $1,872 .............................................................. $1,894. 

Institutions with less than $25 million in assets: 

1 to 15 days late .................................. 1/50,000th of the institution’s total assets ....... 1/50,000th of the institution’s total assets. 

16 or more days late ............................ 1/25,000th of the institution’s total assets ....... 1/25,000th of the institution’s total assets. 

12 CFR 308.132(e)(2) ........................................ $40,979 ............................................................ $41,463. 

12 CFR 308.132(e)(3): 


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Federal Register / Vol. 86, No. 2 / Tuesday, January 5, 2021 / Notices 301 

17The maximum penalty amount for an 

institution is the greater of this amount or 1/ 

100,000th of the institution’s total assets. 

18The maximum penalty amount for an 

institution is the greater of this amount or 1/ 

50,000th of the institution’s total assets. 

19The maximum penalty amount for an 

institution is the lesser of this amount or 1 percent 

of total assets. 

CFR citation Current presumptive CMP 

(through January 14, 2021) 

Adjusted presumptive CMP 

(beginning January 15, 2021) 

Tier One CMP ............................................. $4,098 .............................................................. $4,146. 

Tier Two CMP ............................................. $40,979 ............................................................ $41,463. 

Tier Three CMP19 ....................................... $2,048,915 ....................................................... $2,073,133. 

Federal Deposit Insurance Corporation. 

Dated at Washington, DC, on December 30, 

2020. 

James P. Sheesley, 

Assistant Executive Secretary. 

[FR Doc. 2020–29175 Filed 1–4–21; 8:45 am] 

BILLING CODE 6714–01–P 

FEDERAL TRADE COMMISSION 

[File No. 191 0110] 

E. & J. Gallo Winery and Constellation 

Brands; Analysis of Agreement 

Containing Consent Orders To Aid 

Public Comment 

AGENCY: Federal Trade Commission. 

ACTION: Proposed consent agreement; 

request for comment. 

SUMMARY: The consent agreement in this 

matter settles alleged violations of 

federal law prohibiting unfair methods 

of competition. The attached Analysis of 

Proposed Consent Orders to Aid Public 

Comment describes both the allegations 

in the complaint and the terms of the 

consent orders—embodied in the 

consent agreement—that would settle 

these allegations. 

DATES: Comments must be received on 

or before February 4, 2021. 

ADDRESSES: Interested parties may file 

comments online or on paper, by 

following the instructions in the 

Request for Comment part of the 

SUPPLEMENTARY INFORMATION section 

below. Please write: ‘‘E. & J. Gallo 

Winery and Constellation Brands; File 

No. 191 0110’’ on your comment, and 

file your comment online at https://

www.regulations.gov by following the 

instructions on the web-based form. If 

you prefer to file your comment on 

paper, please mail your comment to the 

following address: Federal Trade 

Commission, Office of the Secretary, 

600 Pennsylvania Avenue NW, Suite 

CC–5610 (Annex D), Washington, DC 

20580; or deliver your comment to the 

following address: Federal Trade 

Commission, Office of the Secretary, 

Constitution Center, 400 7th Street SW, 

5th Floor, Suite 5610 (Annex D), 

Washington, DC 20024. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth Arens (202–326–3552), 

Bureau of Competition, Federal Trade 

Commission, 600 Pennsylvania Avenue 

NW, Washington, DC 20580. 

SUPPLEMENTARY INFORMATION: Pursuant 

to Section 6(f) of the Federal Trade 

Commission Act, 15 U.S.C. 46(f), and 

FTC Rule 2.34, 16 CFR 2.34, notice is 

hereby given that the above-captioned 

consent agreement containing a consent 

order to cease and desist, having been 

filed with and accepted, subject to final 

approval, by the Commission, has been 

placed on the public record for a period 

of thirty (30) days. The following 

Analysis of Agreement Containing 

Consent Orders to Aid Public Comment 

describes the terms of the consent 

agreement and the allegations in the 

complaint. An electronic copy of the 

full text of the consent agreement 

package can be obtained from the FTC 

website at this web address: https://

www.ftc.gov/news-events/commissionactions. 

You can file a comment online or on 

paper. For the Commission to consider 

your comment, we must receive it on or 

before February 5, 2021. Write ‘‘E. & J. 

Gallo Winery and Constellation Brands; 

File No. 191 0110’’ on your comment. 

Your comment—including your name 

and your state—will be placed on the 

public record of this proceeding, 

including, to the extent practicable, on 

the https://www.regulations.gov 

website. 

Due to protective actions in response 

to the COVID–19 pandemic and the 

agency’s heightened security screening, 

postal mail addressed to the 

Commission will be subject to delay. We 

strongly encourage you to submit your 

comments online through the https://

www.regulations.gov website. 

If you prefer to file your comment on 

paper, write ‘‘E. & J. Gallo Winery and 

Constellation Brands; File No. 191 

0110’’ on your comment and on the 

envelope, and mail your comment to the 

following address: Federal Trade 

Commission, Office of the Secretary, 

600 Pennsylvania Avenue NW, Suite 

CC–5610 (Annex D), Washington, DC 

20580; or deliver your comment to the 

following address: Federal Trade 

Commission, Office of the Secretary, 

Constitution Center, 400 7th Street SW, 

5th Floor, Suite 5610 (Annex D), 

Washington, DC 20024. If possible, 

submit your paper comment to the 

Commission by courier or overnight 

service. 

Because your comment will be placed 

on the publicly accessible website at 

https://www.regulations.gov, you are 

solely responsible for making sure that 

your comment does not include any 

sensitive or confidential information. In 

particular, your comment should not 

include any sensitive personal 

information, such as your or anyone 

else’s Social Security number; date of 

birth; driver’s license number or other 

state identification number, or foreign 

country equivalent; passport number; 

financial account number; or credit or 

debit card number. You are also solely 

responsible for making sure your 

comment does not include any sensitive 

health information, such as medical 

records or other individually 

identifiable health information. In 

addition, your comment should not 

include any ‘‘trade secret or any 

commercial or financial information 

which . . . is privileged or 

confidential’’—as provided by Section 

6(f) of the FTC Act, 15 U.S.C. 46(f), and 

FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2)— 

including in particular competitively 

sensitive information such as costs, 

sales statistics, inventories, formulas, 

patterns, devices, manufacturing 

processes, or customer names. 

Comments containing material for 

which confidential treatment is 

requested must be filed in paper form, 

must be clearly labeled ‘‘Confidential,’’ 

and must comply with FTC Rule 4.9(c). 

In particular, the written request for 

confidential treatment that accompanies 

the comment must include the factual 

and legal basis for the request, and must 

identify the specific portions of the 

comment to be withheld from the public 

record. See FTC Rule 4.9(c). Your 

comment will be kept confidential only 

if the General Counsel grants your 

request in accordance with the law and 

the public interest. Once your comment 

has been posted on the public FTC 

website—as legally required by FTC 

Rule 4.9(b)—we cannot redact or 


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