43368 Federal Register / Vol. 82, No. 178 / Friday, September 15, 2017 / Notices 

4See 82 FR 32814 (July 18, 2017). 

investment’’ on all applicable reports.4

As originally proposed, both proposals 

would be effective for reports submitted 

on or after October 1, 2017, beginning 

with the reports reflecting the 

September 30, 2017, report date. The 

comment period for both proposals ends 

September 18, 2017. 

The Federal Reserve received a 

comment letter from a banking 

association that, while expressing 

support for the FR Y–9C proposed 

changes, urged the Federal Reserve to 

have the FR Y–9C revisions 

incorporated into the March 31, 2018, 

report date (rather than the September 

30, 2017, report date) to harmonize the 

proposed changes with the proposed 

changes to the Federal Financial 

Institutions Examination Council 

(FFIEC) Consolidated Reports of 

Condition and Income (Call Reports) 

(FFIEC 031 & 041; OMB No. 7100–0036) 

that are filed by insured depository 

institutions. 

The Federal Reserve agrees with the 

commenter’s suggestion. The Federal 

Reserve also believes that making the 

proposed changes effective with the 

reports reflecting the March 31, 2018, 

report date, which are submitted on or 

after April 1, 2018, would give 

institutions ample notice to prepare for 

the revisions and would minimize 

burden by allowing institutions to 

prepare their systems once for these 

proposed changes and any future 

burden reducing changes targeted for 

that report date. Finally, the Federal 

Reserve believes that notifying the 

public of this deferral prior to the end 

of the comment period would minimize 

the burden on institutions associated 

with system changes and other 

processes necessary to implement the 

reporting changes. 

Consequently, in order to avoid any 

undue hardships to holding companies 

in meeting the October 1, 2017, 

implementation date, the Federal 

Reserve recommends amending the 

proposals to extend, with revision, the 

FR Y–9 family of reports, the FR Y–7N 

family of reports, and the FR 2886b 

report to make the proposed changes 

effective for reports submitted on or 

after April 1, 2018, beginning with the 

reports reflecting the March 31, 2018, 

report date. Because the proposed 

revisions to the FR Y–11 family of 

reports and the FR 2314 family of 

reports align with the FR Y–9C 

reporting changes, the Federal Reserve 

also recommends deferring the 

proposed implementation date for these 

revisions. These modifications also 

would be effective for reports reflecting 

the March 31, 2018, report date, which 

are submitted on or after April 1, 2018. 

Amending the proposals would not 

require an extension of the proposals’ 

comment period, the end of which 

would continue to be September 18, 

2017. 

Board of Governors of the Federal Reserve 

System, September 11, 2017. 

Ann E. Misback, 

Secretary of the Board. 

[FR Doc. 2017–19568 Filed 9–14–17; 8:45 am] 

BILLING CODE 6210–01–P 

FEDERAL TRADE COMMISSION 

[File No. 172 3172] 

Md7, LLC; Analysis To Aid Public 

Comment 

AGENCY: Federal Trade Commission. 

ACTION: Proposed consent agreement. 

SUMMARY: The consent agreement in this 

matter settles alleged violations of 

federal law prohibiting unfair or 

deceptive acts or practices. The attached 

Analysis 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 October 10, 2017. 

ADDRESSES: Interested parties may file a 

comment online or on paper, by 

following the instructions in the 

Request for Comment part of the 

SUPPLEMENTARY INFORMATION section 

below. Write: ‘‘In the Matter of Md7, 

LLC, File No. 172 3172’’ on your 

comment, and file your comment online 

at https://ftcpublic.commentworks.com/ 

ftc/md7consent by following the 

instructions on the web-based form. If 

you prefer to file your comment on 

paper, write ‘‘In the Matter of Md7, LLC, 

File No. 172 3172’’ 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. 

FOR FURTHER INFORMATION CONTACT: 

Monique Einhorn (202–326–2575), 

Bureau of Consumer Protection, 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 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 

Home Page (for September 8, 2017), on 

the World Wide Web, at 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 October 10, 2017. Write ‘‘In the 

Matter of Md7, LLC, File No. 172 3172’’ 

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 public Commission 

Web site, at https://www.ftc.gov/policy/ 

public-comments. 

Postal mail addressed to the 

Commission is subject to delay due to 

heightened security screening. As a 

result, we encourage you to submit your 

comments online. To make sure that the 

Commission considers your online 

comment, you must file it at https://

ftcpublic.commentworks.com/ftc/ 

md7consent by following the 

instructions on the web-based form. If 

this Notice appears at http://

www.regulations.gov/#!home, you also 

may file a comment through that Web 

site. 

If you prefer to file your comment on 

paper, write ‘‘In the Matter of Md7, LLC, 

File No. 172 3172’’ 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 FTC Web site 

at https://www.ftc.gov, you are solely 

responsible for making sure that your 

comment does not include any sensitive 

mstockstill on DSK30JT082PROD with NOTICES

Federal Register / Vol. 82, No. 178 / Friday, September 15, 2017 / Notices 43369 

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 that 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 Web 

site—as legally required by FTC Rule 

4.9(b)—we cannot redact or remove 

your comment from the FTC Web site, 

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 Web site at http://

www.ftc.gov to read this Notice and the 

news release describing it. The FTC Act 

and other laws that 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 that it 

receives on or before October 10, 2017. 

For information on the Commission’s 

privacy policy, including routine uses 

permitted by the Privacy Act, see 

https://www.ftc.gov/site-information/ 

privacy-policy. 

Analysis of Proposed Consent Order To 

Aid Public Comment 

The Federal Trade Commission 

(‘‘FTC’’ or ‘‘Commission’’) has accepted, 

subject to final approval, a consent 

agreement applicable to Md7, LLC 

(‘‘Md7’’). 

The proposed consent order has been 

placed on the public record for thirty 

(30) days for receipt of comments by 

interested persons. Comments received 

during this period will become part of 

the public record. After thirty days, the 

Commission will again review the 

agreement and the comments received, 

and will decide whether it should 

withdraw from the agreement and take 

appropriate action or make final the 

agreement’s proposed order. 

This matter concerns alleged false or 

misleading representations that Md7 

made to consumers concerning its 

participation in the EU-U.S. Privacy 

Shield framework agreed upon by the 

U.S. and the European Union (‘‘EU’’). 

The EU-U.S. Privacy Shield framework 

allows U.S. companies to transfer data 

outside the EU consistent with EU law. 

To join the EU-U.S. Privacy Shield 

framework, a company must self-certify 

to the U.S. Department of Commerce 

(‘‘Commerce’’) that it complies with a 

set of principles and related 

requirements that have been deemed by 

the European Commission as providing 

‘‘adequate’’ privacy protection. These 

principles include notice; choice; 

accountability for onward transfer; 

security; data integrity and purpose 

limitation; access; and recourse, 

enforcement, and liability. Commerce 

maintains a public Web site, https://

www.privacyshield.gov/list, where it 

posts the names of companies that have 

self-certified to the EU-U.S. Privacy 

Shield framework. The listing of 

companies indicates whether their selfcertification is current. Companies are 

required to re-certify every year in order 

to retain their status as current members 

of the EU-U.S. Privacy Shield 

framework. 

Md7 assists wireless operators in 

managing real estate-related issues. 

According to the Commission’s 

complaint, Md7 has set forth on its Web 

site, www.md7.com/privacy-policy/, 

privacy policies and statements about 

its practices, including statements 

related to its participation in the EUU.S. Privacy Shield framework. 

The Commission’s complaint alleges 

that Md7 falsely represented that it was 

certified to participate in the EU-U.S. 

Privacy Shield framework when, in fact, 

Md7 never completed the necessary 

steps to finalize its application and thus, 

was not certified to participate in the 

EU-U.S. Privacy Shield framework. 

Part I of the proposed order prohibits 

Md7 from making misrepresentations 

about its membership in any privacy or 

security program sponsored by the 

government or any other self-regulatory 

or standard-setting organization, 

including, but not limited to, the EUU.S. Privacy Shield framework. 

Parts II through VI of the proposed 

order are reporting and compliance 

provisions. Part II requires 

acknowledgement of the order and 

dissemination of the order now and in 

the future to persons with 

responsibilities relating to the subject 

matter of the order. Part III ensures 

notification to the FTC of changes in 

corporate status and mandates that Md7 

submit an initial compliance report to 

the FTC. Part IV requires Md7 to retain 

documents relating to its compliance 

with the order for a five-year period. 

Part V mandates that Md7 make 

available to the FTC information or 

subsequent compliance reports, as 

requested. Part VI is a provision 

‘‘sunsetting’’ the order after twenty (20) 

years, with certain exceptions. 

The purpose of this analysis is to 

facilitate public comment on the 

proposed order. It is not intended to 

constitute an official interpretation of 

the proposed complaint or order or to 

modify the order’s terms in any way. 

By direction of the Commission. 

Donald S. Clark, 

Secretary. 

[FR Doc. 2017–19618 Filed 9–14–17; 8:45 am] 

BILLING CODE 6750–01–P 

FEDERAL TRADE COMMISSION 

[File No. 172 3173] 

Decusoft, LLC; Analysis To Aid Public 

Comment 

AGENCY: Federal Trade Commission. 

ACTION: Proposed consent agreement. 

SUMMARY: The consent agreement in this 

matter settles alleged violations of 

federal law prohibiting unfair or 

deceptive acts or practices. The attached 

Analysis 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 October 10, 2017. 

ADDRESSES: Interested parties may file a 

comment online or on paper, by 

following the instructions in the 

Request for Comment part of the 

mstockstill on DSK30JT082PROD with NOTICES