2692 Federal Register / Vol. 72, No. 13 / Monday, January 22, 2007 / Notices 

Estimated average hours per response: 

Turnover survey: 51 hours; outstandings 

survey: 60 hours 

Number of respondents: 60 

General description of report: This 

information collection is voluntary (12 

U.S.C. 225a, 248(a)(2), 358, and 3105(c)) 

and is given confidential treatment (5 

U.S.C. ’552(b)(4)). 

Abstract: The FR 3036 is the U.S. part 

of a global data collection that is 

conducted by central banks every three 

years. More than fifty central banks plan 

to conduct the survey in 2007. The Bank 

for International Settlements compiles 

national data from each central bank to 

produce global market statistics. 

The Federal Reserve System and other 

government agencies use the survey to 

monitor activity in the foreign exchange 

and derivatives markets. Respondents 

use the published data to gauge their 

market share. 

Current actions: The proposed survey 

would collect information on the size 

and structure of the foreign exchange 

and over–the–counter derivatives 

markets. The survey would cover the 

turnover in the foreign exchange spot 

market, the foreign exchange derivatives 

market, and interest rate derivatives 

markets (forwards, swaps, and options). 

In addition, the survey would gather 

data on the notional amounts and gross 

positive and negative market values of 

outstanding derivatives contracts for 

over–the–counter foreign exchange, 

interest rates, equities, and 

commodities. 

To reduce reporting burden, the 

Derivatives Outstanding part of the 

survey is coordinated with the 

Semiannual Report of Derivatives 

Activity (FR 2436; OMB No. 7100–

0286). Those firms that submit FR 2436 

data would not complete the Derivatives 

Outstanding part of the survey. 

Differences between the proposed 

survey and the 2004 survey are as 

follows: 

1. The abbreviated report for FR 2436 

reporters has been eliminated from the 

Outstanding survey. Data on credit 

derivatives are now submitted on the FR 

2436. 

2. Data items to capture credit default 

swaps have been added to the 

Outstanding survey to be consistent 

with the FR 2436. Given the growth in 

the credit derivative market, these data 

are important component of 

understanding the structure and activity 

of the overall over–the–counter 

derivatives market. 

3. Additional currencies have been 

identified in tables on interest rate 

derivatives and on foreign exchange 

transactions on both the Outstanding 

and Turnover surveys. This change will 

facilitate reporting and ensure 

comprehensive identification of 

turnover in all participating countries’

currencies. Reporting central banks will 

retain discretion to customize this list. 

4. The section on electronic trading 

and identification of execution method 

has been simplified and adjusted in 

order to better distinguish between 

categories on the Turnover survey. 

5. The definition of internal and 

related party trades has been clarified 

on the Turnover survey in order to 

improve consistency of data reporting. 

6. The two data items in the 

memorandum section concerning 

trading activity trends on the Turnover 

survey have been split into four data 

items to provide detail on derivative 

contracts markets since these markets 

behave very differently. 

Board of Governors of the Federal Reserve 

System, January 17, 2007. 

Jennifer J. Johnson, 

Secretary of the Board. 

[FR Doc. E7–778 Filed 1–19–07; 8:45 am] 

BILLING CODE 6210–01–S 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies; 

Correction 

This notice corrects a notice (FR Doc. 

E6–22532) published on page 334 of the 

issue for Thursday, January 4, 2007. 

Under the Federal Reserve Bank of St. 

Louis heading, the entry for Enterprise 

Financial Services Corp., Clayton, 

Missouri, is revised to read as follows: 

A. Federal Reserve Bank of St. Louis 

(Glenda Wilson, Community Affairs 

Officer) 411 Locust Street, St. Louis, 

Missouri 63166-2034: 

1. Enterprise Financial Services Corp. 

Clayton, Missouri; to acquire 100 

percent of the voting shares of Clayco 

Banc Corporation, De Soto, Kansas, and 

thereby indirectly acquire Great 

American Bank, DeSoto, Kansas. 

Comments on this application must 

be received by January 26, 2007. 

Board of Governors of the Federal Reserve 

System, January 16, 2007. 

Robert deV. Frierson, 

Deputy Secretary of the Board. 

[FR Doc. E7–777 Filed 1–19–07; 8:45 am] 

BILLING CODE 6210–01–S 

FEDERAL TRADE COMMISSION 

Revised Jurisdictional Thresholds for 

Section 7A of the Clayton Act 

AGENCY: Federal Trade Commission. 

ACTION: Notice. 

SUMMARY: The Federal Trade 

Commission announces the revised 

thresholds for the Hart-Scott-Rodino 

Antitrust Improvements Act of 1976 

required by the 2000 amendment of 

Section 7A of the Clayton Act. Section 

7A of the Clayton Act, 15 U.S.C. 18a, as 

added by the Hart-Scott-Rodino 

Antitrust Improvements Act of 1976, 

Pub. L. 94–435, 90 Stat. 1390 (‘‘the 

Act’’), requires all persons 

contemplating certain mergers or 

acquisitions, which meet or exceed the 

jurisdictional thresholds in the Act, to 

file notification with the Commission 

and the Assistant Attorney General and 

to wait a designated period of time 

before consummating such transactions. 

Section 7A(a)(2) requires the Federal 

Trade Commission to revise those 

thresholds annually, based on the 

change in gross national product, in 

accordance with Section 8(a)(5). The 

new thresholds, which take effect 30 

days after publication in the Federal 

Register, are as follows: 

[In millions] 

Subsection of 7A Original 

threshold 

Adjusted 

threshold 

7A(a)(2)(A) ....................................................................................................................................................................... $200 $239.2 

7A(a)(2)(B)(i) .................................................................................................................................................................... 50 59.8 

7A(a)(2)(B)(i) .................................................................................................................................................................... 200 239.2 

7A(a)(2)(B)(ii)(i) ................................................................................................................................................................ 10 12.0 

7A(a)(2)(B)(ii)(i) ................................................................................................................................................................ 100 119.6 

7A(a)(2)(B)(ii)(II) ............................................................................................................................................................... 10 12.0 

7A(a)(2)(B)(ii)(II) ............................................................................................................................................................... 100 119.6 

7A(a)(2)(B)(ii)(III) .............................................................................................................................................................. 100 119.6 

7A(a)(2)(B)(ii)(III) .............................................................................................................................................................. 10 12.0 


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