Federal Register / Vol. 83, No. 119 / Wednesday, June 20, 2018 / Notices 28641 

1For 2018, the Regulation M threshold is $55,800. 

adopting a proposal to extend for three 

years, with revision, the Recordkeeping 

and Disclosure Requirements 

Associated with Consumer Financial 

Protection Bureau’s (CFPB) Regulation 

M (Consumer Leasing) (FR M; OMB No. 

7100–0202). 

FOR FURTHER INFORMATION CONTACT: 

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. 

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. 

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 of and 

assign OMB control numbers to 

collection of information requests and 

requirements conducted or sponsored 

by the Board. Board-approved 

collections of information are 

incorporated into the official OMB 

inventory of currently approved 

collections of information. Copies of the 

Paperwork Reduction Act Submission, 

supporting statements and approved 

collection of information instrument(s) 

are placed into OMB’s public docket 

files. The Board may not conduct or 

sponsor, and the respondent is not 

required to respond to, an information 

collection that has been extended, 

revised, or implemented on or after 

October 1, 1995, unless it displays a 

currently valid OMB control number. 

Final approval under OMB delegated 

authority of the extension for three 

years, with revision, of the following 

report: 

Report title: Recordkeeping and 

Disclosure Requirements Associated 

with Consumer Financial Protection 

Bureau’s (CFPB) Regulation M 

(Consumer Leasing). 

Agency form number: FR M. 

OMB control number: 7100–0202. 

Frequency: Disclosures, 461 times per 

year; and Advertising, quarterly. 

Respondents: State member banks 

with assets of $10 billion or less that are 

not affiliated with an insured depository 

institution with assets over $10 billion 

(irrespective of the consolidated assets 

of any holding company); nondepository affiliates of such state 

member banks; and non-depository 

affiliates of bank holding companies 

that are not affiliated with an insured 

depository institution with assets over 

$10 billion. 

Estimated number of respondents: 5. 

Estimated average hours per response: 

Disclosures, 6.5 minutes; and 

advertising, 25 minutes. 

Estimated annual burden hours: 

Disclosures, 250 hours; and advertising, 

8 hours. 

General description of report: The 

Consumer Leasing Act (CLA) and 

Regulation M require lessors uniformly 

to disclose to consumers the costs, 

liabilities, and terms of consumer lease 

transactions. Disclosures are provided to 

consumers before they enter into lease 

transactions and in advertisements that 

state the availability of consumer leases 

on particular terms. The regulation 

generally applies to consumer leases of 

personal property in which the 

contractual obligation does not exceed 

$50,000, adjusted annually for inflation, 

and has a term of more than four 

months.1 The CLA does not provide 

exemptions for small entities. 

Legal authorization and 

confidentiality: The Board’s Legal 

Division has determined that sections 

105(a) and 187 of the Truth in Lending 

Act (15 U.S.C. 1604(a) and 1667(f)), 

authorize the CFPB to issue regulations 

to carry out the provisions of the CLA. 

The CFPB’s Regulation M, 12 CFR part 

1013, implements these statutory 

provisions. An institution’s 

recordkeeping and disclosure 

obligations under Regulation M are 

mandatory. Because the Board does not 

collect any information pursuant to the 

CFPB’s Regulation M, no issue of 

confidentiality normally arises. In the 

event the Board were to retain 

information regarding consumer leases 

during the course of an examination, the 

information regarding the consumer and 

the lease would be kept confidential 

pursuant to section (b)(8) of the 

Freedom of Information Act (5 U.S.C. 

522 (b)(8)). 

Current actions: On April 5, 2018, the 

Board published a notice in the Federal 

Register (83 FR 14639) requesting 

public comment for 60 days on the 

extension, with revision, of the 

Recordkeeping and Disclosure 

Requirements Associated with the 

Consumer Financial Protection Bureau’s 

(CFPB) Regulation M (Consumer 

Leasing). The Board proposes to revise 

the methodology for estimating burden 

for disclosures to provide additional 

clarity and transparency into the 

calculation. Specifically, the Board 

proposes to estimate disclosure burden 

using the estimated average number of 

lease contracts each Board-supervised 

institution initiates annually, assuming 

it takes approximately 6.5 minutes to 

populate and provide each disclosure. 

The comment period for this notice 

expired on June 4, 2018. The Board did 

not receive any comments. The 

revisions will be implemented as 

proposed. 

Board of Governors of the Federal Reserve 

System, June 14, 2018. 

Michele Taylor Fennell, 

Assistant Secretary of the Board. 

[FR Doc. 2018–13173 Filed 6–19–18; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Savings and Loan Holding 

Companies 

The companies listed in this notice 

have applied to the Board for approval, 

pursuant to the Home Owners’ Loan Act 

(12 U.S.C. 1461 et seq.) (HOLA), 

Regulation LL (12 CFR part 238), and 

Regulation MM (12 CFR part 239), and 

all other applicable statutes and 

regulations to become a savings and 

loan holding company and/or to acquire 

the assets or the ownership of, control 

of, or the power to vote shares of a 

savings association and nonbanking 

companies owned by the savings and 

loan holding company, including the 

companies listed below. 

The applications listed below, as well 

as other related filings required by the 

Board, are available for immediate 

inspection at the Federal Reserve Bank 

indicated. The application also will be 

available for inspection at the offices of 

the Board of Governors. Interested 

persons may express their views in 

writing on the standards enumerated in 

the HOLA (12 U.S.C. 1467a(e)). If the 

proposal also involves the acquisition of 

a nonbanking company, the review also 

includes whether the acquisition of the 

nonbanking company complies with the 

standards in section 10(c)(4)(B) of the 

HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless 

otherwise noted, nonbanking activities 

will be conducted throughout the 

United States. 

Unless otherwise noted, comments 

regarding each of these applications 

must be received at the Reserve Bank 

indicated or the offices of the Board of 

Governors not later than July 16, 2018. 

A. Federal Reserve Bank of 

Philadelphia (William Spaniel, Senior 

Vice President) 100 North 6th Street, 

Philadelphia, Pennsylvania 19105– 


sradovich on DSK3GMQ082PROD with NOTICES
28642 Federal Register / Vol. 83, No. 119 / Wednesday, June 20, 2018 / Notices 

1521. Comments can also be sent 

electronically to 

Comments.applications@phil.frb.org: 

1. Seneca Falls Savings Bank MHC 

and Seneca-Cayuga Bancorp, Inc., both 

of Seneca Falls, New York; to acquire 

voting shares of Medina Savings and 

Loan Association, Medina, New York, 

through the merger of Medina Savings 

and Loan Association with and into 

Generations Bank, Seneca Falls, New 

York. 

Board of Governors of the Federal Reserve 

System, June 14, 2018. 

Ann Misback, 

Secretary of the Board. 

[FR Doc. 2018–13158 Filed 6–19–18; 8:45 am] 

BILLING CODE P 

FEDERAL RESERVE SYSTEM 

Formations of, Acquisitions by, and 

Mergers of Bank Holding Companies 

The companies listed in this notice 

have applied to the Board for approval, 

pursuant to the Bank Holding Company 

Act of 1956 (12 U.S.C. 1841 et seq.) 

(BHC Act), Regulation Y (12 CFR part 

225), and all other applicable statutes 

and regulations to become a bank 

holding company and/or to acquire the 

assets or the ownership of, control of, or 

the power to vote shares of a bank or 

bank holding company and all of the 

banks and nonbanking companies 

owned by the bank holding company, 

including the companies listed below. 

The applications listed below, as well 

as other related filings required by the 

Board, are available for immediate 

inspection at the Federal Reserve Bank 

indicated. The applications will also be 

available for inspection at the offices of 

the Board of Governors. Interested 

persons may express their views in 

writing on the standards enumerated in 

the BHC Act (12 U.S.C. 1842(c)). If the 

proposal also involves the acquisition of 

a nonbanking company, the review also 

includes whether the acquisition of the 

nonbanking company complies with the 

standards in section 4 of the BHC Act 

(12 U.S.C. 1843). Unless otherwise 

noted, nonbanking activities will be 

conducted throughout the United States. 

Unless otherwise noted, comments 

regarding each of these applications 

must be received at the Reserve Bank 

indicated or the offices of the Board of 

Governors not later than July 16, 2018. 

A. Federal Reserve Bank of Cleveland 

(Nadine Wallman, Vice President) 1455 

East Sixth Street, Cleveland, Ohio 

44101–2566. Comments can also be sent 

electronically to 

Comments.applications@clev.frb.org: 

1. Fifth Third Bancorp, Cincinnati, 

Ohio, and its wholly owned banking 

holding company subsidiary, Fifth Third 

Financial Corporation, Cincinnati, Ohio; 

to acquire MB Financial, Inc., Chicago, 

Illinois, and thereby indirectly acquire 

shares of MB Financial Bank, National 

Association, Chicago, Illinois. 

Board of Governors of the Federal Reserve 

System, June 14, 2018. 

Ann Misback, 

Secretary of the Board. 

[FR Doc. 2018–13157 Filed 6–19–18; 8:45 am] 

BILLING CODE P 

FEDERAL RETIREMENT THRIFT 

INVESTMENT BOARD 

Sunshine Act; Notice of Board Member 

Meeting 

Federal Retirement Thrift Investment 

Board Meeting Agenda June 25, 2018, 

In Person, 8:30 a.m. 

Open Session 

1. Approval of the Minutes for the May 

30, 2018 Board Member Meeting 

2. Monthly Reports 

(a) Participant Activity 

(b) Legislative Report 

(c) Investment Policy 

3. Vendor Financials 

4. FEVS Update 

5. EBSA Audit Report Update 

6. IT Update 

7. Strategic Acquisition 

Closed Session 

Information covered under 5 U.S.C. 

552b(c)(4), (c)(9)(B). 

CONTACT PERSON FOR MORE INFORMATION: 

Kimberly Weaver, Director, Office of 

External Affairs, (202) 942–1640. 

Dated: June 18, 2018. 

Dharmesh Vashee, 

Deputy General Counsel, Federal Retirement 

Thrift Investment Board. 

[FR Doc. 2018–13381 Filed 6–18–18; 4:15 pm] 

BILLING CODE 6760–01–P 

FEDERAL TRADE COMMISSION 

Granting of Requests for Early 

Termination of the Waiting Period 

Under the Premerger Notification 

Rules 

Section 7A of the Clayton Act, 15 

U.S.C. 18a, as added by Title II of the 

Hart-Scott-Rodino Antitrust 

Improvements Act of 1976, requires 

persons contemplating certain mergers 

or acquisitions to give the Federal Trade 

Commission and the Assistant Attorney 

General advance notice and to wait 

designated periods before 

consummation of such plans. Section 

7A(b)(2) of the Act permits the agencies, 

in individual cases, to terminate this 

waiting period prior to its expiration 

and requires that notice of this action be 

published in the Federal Register. 

The following transactions were 

granted early termination—on the dates 

indicated—of the waiting period 

provided by law and the premerger 

notification rules. The listing for each 

transaction includes the transaction 

number and the parties to the 

transaction. The grants were made by 

the Federal Trade Commission and the 

Assistant Attorney General for the 

Antitrust Division of the Department of 

Justice. Neither agency intends to take 

any action with respect to these 

proposed acquisitions during the 

applicable waiting period. 

EARLY TERMINATIONS GRANTED APRIL 1, 2018 THRU APRIL 30, 2018 

04/02/2018 

20180989 ...... G Webster Capital II–A, L.P.; Richard Taite; Webster Capital II–A, L.P. 

20180990 ...... G L Catterton VIII, L.P.; One Rock Capital Partners, LP; L Catterton VIII, L.P. 

20180991 ...... G U.S. Silica Holdings, Inc.; Golden Gate Capital Opportunity Fund, L.P.; U.S. Silica Holdings, Inc. 

04/03/2018 

20180902 ...... G Filtration Group Equity LLC; Summer Street Capital III, L.P.; Filtration Group Equity LLC. 

20180925 ...... G Jericho Capital Partners L.P.; Dell Technologies Inc.; Jericho Capital Partners L.P. 

20180928 ...... G Splunk Inc.; Phantom Cyber Corporation; Splunk Inc. 


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