Federal Register / Vol. 82, No. 157 / Wednesday, August 16, 2017 / Notices 38907 

requirement is mandatory. Compliance 

by financial companies with the 

transactional reporting requirements is 

required in order to obtain the benefit of 

Board consent to consummation of the 

transactions. 

Section 251.6 and FR XX–1. As noted, 

the required reporting of calendar yearend liabilities under section 251.6 of 

Regulation XX can be satisfied by many 

financial companies through their 

continued reporting of consolidated 

financial information to the Board or 

other appropriate Federal banking 

agency though the various reports listed 

above. The information collected on 

those forms has been the subject of 

separate authorization and 

confidentiality determinations. With 

regard to the collection of the specific 

information at issue, calendar year-end 

liabilities (including as collected on the 

FR XX–1), such information generally is 

not considered confidential, but some 

information, depending on the 

circumstances, may be the type of 

confidential commercial and financial 

information that may be withheld under 

exemption 4 of the Freedom of 

Information Act (FOIA) (5 U.S.C 

552(b)(4)). As required information, it 

may be withheld under exemption 4 on 

a case-by-case basis only if public 

disclosure could result in substantial 

competitive harm to the submitting 

institution. Any request from a 

submitter for confidential treatment 

should be accompanied by a detailed 

justification for confidentiality. 

Section 251.4. The information 

collected under section 251.4 (under 

both its prior written consent provision 

for individual transactions and the 

general consent authority) consists of (1) 

a description of the acquisition and (2) 

the change in and resultant aggregate 

amount of financial company liabilities. 

The reported liabilities information, in 

like fashion to the liabilities information 

reported under section 251.6, generally 

is not considered confidential but, 

depending on the circumstances, may 

be the type of confidential commercial 

and financial information that may be 

withheld under exemption 4 of FOIA. 

The description of the individual 

acquisitions provided under the prior 

written consent provisions generally 

would not be deemed confidential, but 

that some such information may be of 

the type that could be withheld under 

exemption 4 on a case-by-case basis, 

under the standards enumerated above. 

Board of Governors of the Federal Reserve 

System, August 11, 2017. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2017–17344 Filed 8–15–17; 8:45 am] 

BILLING CODE 6210–01–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 September 11, 

2017. 

A. Federal Reserve Bank of 

Philadelphia (William Spaniel, Senior 

Vice President) 100 North 6th Street, 

Philadelphia, Pennsylvania 19105– 

1521. Comments can also be sent 

electronically to 

Comments.applications@phil.frb.org: 

1. Sharon Mutual Holding Company, 

and its wholly owned subsidiary Sharon 

Bancorp, Inc., both of Darby, 

Pennsylvania; to become bank holding 

companies upon the revocation by 

Sharon Savings Bank, Darby, 

Pennsylvania, of its 10(l) election. 

Board of Governors of the Federal Reserve 

System, August 11, 2017. 

Yao-Chin Chao, 

Assistant Secretary of the Board. 

[FR Doc. 2017–17317 Filed 8–15–17; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL TRADE COMMISSION 

Agency Information Collection 

Activities; Proposed Collection; 

Comment Request 

AGENCY: Federal Trade Commission 

(‘‘FTC’’ or ‘‘Commission’’). 

ACTION: Notice. 

SUMMARY: The information collection 

requirements described below will be 

submitted to the Office of Management 

and Budget (OMB) for review, as 

required by the Paperwork Reduction 

Act (PRA). The FTC seeks public 

comments on its proposal to extend, for 

three years, the current PRA clearance 

for information collection requirements 

contained in its Use of Prenotification 

Negative Option Plans (‘‘Negative 

Option Rule’’ or ‘‘Rule’’). That clearance 

expires on November 30, 2017. 

DATES: Comments must be submitted by 

October 16, 2017. 

ADDRESSES: Interested parties may file a 

comment online or on paper by 

following the instructions in the 

Request for Comments part of the 

SUPPLEMENTARY INFORMATION section 

below. Write ‘‘Negative Option Rule: 

FTC File No. P064202’’ on your 

comment, and file your comment online 

at https://ftcpublic.commentworks.com/ 

ftc/NegOptionPRA by following the 

instructions on the Web-based form. If 

you prefer to file your comment on 

paper, mail your comment to the 

following address: Federal Trade 

Commission, Office of the Secretary, 

600 Pennsylvania Avenue NW., Suite 

CC–5610 (Annex J), 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 J), 

Washington, DC 20024. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be addressed to John Andrew 

Singer, Attorney, Division of 

Enforcement, Bureau of Consumer 

Protection, Federal Trade Commission, 

600 Pennsylvania Avenue NW., CC– 

9528, Washington, DC 20580, (202) 326– 

3234. 

SUPPLEMENTARY INFORMATION: Under the 

PRA, 44 U.S.C. 3501–3521, federal 

agencies must obtain approval from 


asabaliauskas on DSKBBXCHB2PROD with NOTICES