90288 Federal Register / Vol. 89, No. 221 / Friday, November 15, 2024 / Notices 

System, nuha.elmaghrabi@frb.gov, (202) 

452–3884. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, OMB delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collections of information 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. 

During the comment period for this 

proposal, a copy of the proposed PRA 

OMB submission, including the draft 

reporting form and instructions, 

supporting statement (which contains 

more detail about the information 

collection and burden estimates than 

this notice), and other documentation, 

will be made available on the Board’s 

public website at https://www.federal

reserve.gov/apps/reportingforms/home/ 

review or may be requested from the 

agency clearance officer, whose name 

appears above. On the page displayed at 

the link above, you can find the 

supporting information by referencing 

the collection identifier, FR 2082. Final 

versions of these documents will be 

made available at https://

www.reginfo.gov/public/do/PRAMain, if 

approved. 

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 Under OMB Delegated 

Authority To Extend for Three Years, 

Without Revision, the Following 

Information Collection 

Collection title: Registration of a 

Securities Holding Company. 

Collection identifier: FR 2082. 

OMB control number: 7100–0347. 

General description of collection: The 

FR 2082 registration form is used 

whenever a securities holding company 

(SHC) elects to register to become 

subject to supervision by the Board 

pursuant to section 618 of the DoddFrank Wall Street Reform and Consumer 

Protection Act (Dodd-Frank Act). The 

FR 2082 requests the following from the 

registering SHC: an organization chart 

(including all subsidiaries); information 

regarding certain of the SHC’s 

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; 

information regarding the SHC’s foreign 

subsidiaries that are subject to 

comprehensive consolidated 

supervision and the regulatory system 

in which these foreign subsidiaries 

operate; and information regarding any 

other regulatory capital framework to 

which the SHC is subject. 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. 

Frequency: Event-generated. 

Respondents: Certain nonbank 

companies that own at least one 

registered securities broker or dealer 

and elect to become a supervised SHC. 

Total estimated number of 

respondents: 1. 

Total estimated annual burden hours: 

8. 

Board of Governors of the Federal Reserve 

System, November 12, 2024. 

Benjamin W. McDonough, 

Deputy Secretary and Ombuds of the Board. 

[FR Doc. 2024–26703 Filed 11–14–24; 8:45 am] 

BILLING CODE 6210–01–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, with revision, the Report of 

Selected Assets and Liabilities of 

Domestically Chartered Commercial 

Banks and U.S. Branches and Agencies 

of Foreign Banks (FR 2644; OMB No. 

7100–0075). 

DATES: Comments must be submitted on 

or before January 14, 2025. 

ADDRESSES: You may submit comments, 

identified by FR 2644, by any of the 

following methods: 

• Agency Website: https://

www.federalreserve.gov/. Follow the 

instructions for submitting comments at 

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

foia/proposedregs.aspx. 

• Email: regs.comments@

federalreserve.gov. Include the OMB 

number or FR number in the subject line 

of the message. 

• Fax: (202) 452–3819 or (202) 452– 

3102. 

• Mail: Federal Reserve Board of 

Governors, Attn: Ann E. Misback, 

Secretary of the Board, Mailstop M– 

4775, 2001 C St. 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 personally identifiable 

information at the commenter’s request. 

Accordingly, comments will not be 

edited to remove any confidential 

business information, identifying 

information, or contact information. 

Public comments may also be viewed 

electronically or in paper in Room M– 

4365A, 2001 C St. NW, Washington, DC 

20551, between 9:00 a.m. and 5:00 p.m. 

on weekdays, except for Federal 

holidays. 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 order to inspect and 

photocopy comments. 

Additionally, commenters may send a 

copy of their comments to the Office of 

Management and Budget (OMB) Desk 

Officer for the Federal Reserve Board, 


khammond on DSKJM1Z7X2PROD with NOTICES
Federal Register / Vol. 89, No. 221 / Friday, November 15, 2024 / Notices 90289 

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: 

Federal Reserve Board Clearance 

Officer—Nuha Elmaghrabi—Office of 

the Chief Data Officer, Board of 

Governors of the Federal Reserve 

System, nuha.elmaghrabi@frb.gov, (202) 

452–3884. 

SUPPLEMENTARY INFORMATION: On June 

15, 1984, OMB delegated to the Board 

authority under the Paperwork 

Reduction Act (PRA) to approve and 

assign OMB control numbers to 

collections of information 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. 

During the comment period for this 

proposal, a copy of the proposed PRA 

OMB submission, including the draft 

reporting form and instructions, 

supporting statement (which contains 

more detail about the information 

collection and burden estimates than 

this notice), and other documentation, 

will be made available on the Board’s 

public website at https://www.federal

reserve.gov/apps/reportingforms/home/ 

review or may be requested from the 

agency clearance officer, whose name 

appears above. On the page displayed at 

the link above, you can find the 

supporting information by referencing 

the collection identifier, FR 2644. Final 

versions of these documents will be 

made available at https://

www.reginfo.gov/public/do/PRAMain, if 

approved. 

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 Under OMB Delegated 

Authority To Extend for Three Years, 

With Revision, the Following 

Information Collection 

Collection title: Report of Selected 

Assets and Liabilities of Domestically 

Chartered Commercial Banks and U.S. 

Branches and Agencies of Foreign 

Banks. 

Collection identifier: FR 2644. 

OMB control number: 7100–0075. 

General description of collection: The 

FR 2644 is a balance sheet report that 

is collected as of each Wednesday from 

an authorized stratified sample of 850 

domestically chartered commercial 

banks and U.S. branches and agencies of 

foreign banks. The FR 2644 is the only 

source of high-frequency data used in 

the analysis of current banking 

developments. The FR 2644 collects 

sample data that are used to estimate 

universe levels for the entire 

commercial banking sector in 

conjunction with data from the 

quarterly commercial bank Consolidated 

Reports of Condition and Income (FFIEC 

031, FFIEC 041, and FFIEC 051; OMB 

No. 7100–0036) and Report of Assets 

and Liabilities of U.S. Branches and 

Agencies of Foreign Banks (FFIEC 002; 

OMB No. 7100–0032) (Call Reports). 

Data from the FR 2644 and the Call 

Reports are utilized in construction of 

weekly estimates of U.S. bank credit, 

balance sheet data for the U.S. 

commercial banking sector, and sources 

and uses of banks’ funds, and to analyze 

current banking developments, 

including the monitoring of broad credit 

and funding conditions. The Board 

publishes the data in aggregate form in 

the weekly H.8 statistical release, Assets 

and Liabilities of Commercial Banks in 

the United States, which is followed 

closely by other government agencies, 

the banking industry, financial press, 

and other users. The H.8 release 

provides a balance sheet for the 

commercial banking industry as a whole 

as well as disaggregated data for three 

bank groups: large domestically 

chartered banks, small domestically 

chartered banks, and U.S. branches and 

agencies of foreign banks. The data are 

also used in constructing the 

commercial bank component of the 

Federal Reserve’s G.19 release, 

Consumer Credit, and the Federal 

Reserve Bank of New York’s Reserve 

Demand Elasticity. 

Proposed revisions: The Board 

proposes to simplify and reduce the 

overall reporting burden associated with 

the FR 2644 report. The Board is not 

proposing any changes to the items 

collected on the report at this time. The 

revision would affect the frequency and 

associated burden for a group of small 

banks. 

Currently, all respondents file balance 

sheet data weekly, with data as of close 

of business Wednesday. While weekly 

data are necessary from large and 

regional banks to meet the need by the 

Board for high frequency and accurate 

information on banking and credit 

conditions, smaller banks could report 

monthly without a significant loss of 

accuracy. Internal tests conducted on 

weekly sample data converted to a 

monthly basis for several size thresholds 

indicate that the $5 billion asset size cut 

off would be unlikely to significantly 

impact the aggregated data results. 

However, the reporting burden for these 

smaller banks would be substantially 

reduced: 

1. Twelve reportable data points 

versus 52 per year, 

2. Expected fewer number of 

revisions, since data would be monthly 

rather than weekly, and 

3. Marked reduction in failed 

tolerances and required edit remarks. 

The Federal Reserve has been striving 

to bolster the size of the sample of 

respondents. Nineteen small banks have 

left the panel since the last report 

renewal in April 2022 due to burden, 

leaving the current panel (as of spring 

2024) short of the authorized sample of 

850 by about 90 banks. Community 

banks in particular have fewer resources 

at their disposal and less staff available 

for filing the report; the time burden is 

the most common reason given by these 

banks when they drop from the sample. 

The Federal Reserve hopes that, by 

giving the banks the option to file less 

frequently, it will be easier to recruit 

and retain smaller institutions on the 

panel. Though small in assets, these 

banks are outsized in their effects on 

commercial real estate loans, as 

community banks hold more than twice 

the outstandings of these loans relative 

to the large and regional banks. 

Thus, the Board proposes that all 

domestically chartered commercial 


khammond on DSKJM1Z7X2PROD with NOTICES
90290 Federal Register / Vol. 89, No. 221 / Friday, November 15, 2024 / Notices 

banks reporting under $5 billion in total 

assets on the latest June 30 Call Report 

be given the option to report as of the 

first Wednesday of each month. 

Approximately 495 of the current 696 

domestically chartered commercial 

banks would be eligible to report on a 

one week per month basis. This change 

in frequency of reporting follows the 

favorable treatment given smaller 

institutions on the FFIEC 051 Call 

Report. Monthly reporting would not be 

available for foreign-related institutions. 

Frequency: Weekly, monthly. 

Respondents: Domestically chartered 

commercial banks, U.S. branches and 

agencies of foreign banks. 

Total estimated number of 

respondents: 850. 

Estimated average hours per response: 

2.45. 

Total estimated change in burden: 

(57,722). 

Total estimated annual burden hours: 

50,568. 

Board of Governors of the Federal Reserve 

System, November 12, 2024. 

Benjamin W. McDonough, 

Deputy Secretary and Ombuds of the Board. 

[FR Doc. 2024–26704 Filed 11–14–24; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL TRADE COMMISSION 

[Docket No. 9427] 

H&R Block; Analysis of Proposed 

Consent Order 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 or 

deceptive acts or practices. The attached 

Analysis of Proposed Consent Order to 

Aid Public Comment describes both the 

allegations in the complaint and the 

terms of the consent order—embodied 

in the consent agreement—that would 

settle these allegations. 

DATES: Comments must be received on 

or before December 16, 2024. 

ADDRESSES: Interested parties may file 

comments online or on paper by 

following the instructions in the 

SUPPLEMENTARY INFORMATION section 

below. Please write ‘‘H&R Block; Docket 

No. 9427’’ 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, Mail 

Stop H–144 (Annex T), Washington, DC 

20580. 

FOR FURTHER INFORMATION CONTACT: 

Claire Wack (202–326–2836), Attorney, 

Division of Marketing Practices, Bureau 

of Consumer Protection, 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 30 days. The following Analysis 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 at https://www.ftc.gov/newsevents/commission-actions. 

You can file a comment online or on 

paper. For the Commission to consider 

your comment, we must receive it on or 

before December 16, 2024. Write ‘‘H&R 

Block; Docket No. 9427’’ 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. 

Because of 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 ‘‘H&R Block; Docket No. 9427’’ 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, Mail Stop 

H–144 (Annex T), Washington, DC 

20580. 

Because your comment will be placed 

on the publicly accessible website at 

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

solely responsible for making sure your 

comment does not include any sensitive 

or confidential information. In 

particular, your comment should not 

include 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 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 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 

https://www.regulations.gov website—as 

legally required by FTC Rule § 4.9(b)— 

we cannot redact or remove your 

comment from that website, unless you 

submit a confidentiality request that 

meets the requirements for such 

treatment under FTC Rule § 4.9(c), and 

the General Counsel grants that request. 

Visit the FTC website at https://

www.ftc.gov to read this document and 

the news release describing the 

proposed settlement. The FTC Act and 

other laws the Commission administers 

permit the collection of public 

comments to consider and use in this 

proceeding, as appropriate. The 

Commission will consider all timely 

and responsive public comments it 

receives on or before December 16, 

2024. For information on the 

Commission’s privacy policy, including 

routine uses permitted by the Privacy 

Act, see https://www.ftc.gov/siteinformation/privacy-policy. 

Analysis of Proposed Consent Order To 

Aid Public Comment 

The Federal Trade Commission 

(‘‘Commission’’) has accepted, subject to 

final approval, a proposed stipulated 

Decision and Order (‘‘Proposed Order’’) 

to resolve In the Matter of H&R Block 

Inc., HRB Digital LLC, and HRB Tax 

Group, Inc. (collectively, 

‘‘Respondents’’). The Proposed Order 


khammond on DSKJM1Z7X2PROD with NOTICES