45288 Federal Register / Vol. 82, No. 187 / Thursday, September 28, 2017 / Notices 

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 October 23, 

2017. 

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. First Mutual Holding Co., 

Lakewood, Ohio; to acquire Doolin 

Security Savings Bank, FSB, New 

Martinsville, West Virginia. 

Board of Governors of the Federal Reserve 

System, September 25, 2017. 

Yao-Chin Chao, 

Assistant Secretary of the Board. 

[FR Doc. 2017–20811 Filed 9–27–17; 8:45 am] 

BILLING CODE P 

FEDERAL TRADE COMMISSION 

Agency Information Collection 

Activities; Proposed Collection; 

Comment Request 

AGENCY: Federal Trade Commission 

(‘‘FTC’’ or ‘‘Commission’’). 

ACTION: Notice. 

SUMMARY: The FTC intends to ask the 

Office of Management and Budget 

(‘‘OMB’’) to extend for an additional 

three years the current Paperwork 

Reduction Act (‘‘PRA’’) clearance for 

information collection requirements 

contained in the Commission’s Business 

Opportunity Rule (‘‘Rule’’). That 

clearance expires on January 31, 2018. 

DATES: Comments must be submitted by 

November 27, 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 ‘‘Business Opportunity 

Rule Paperwork Comment, FTC File No. 

P114408’’ on your comment, and file 

your comment online at https://

ftcpublic.commentworks.com/ftc/ 

BusinessOpportunityRulePRA by 

following the instructions on the webbased 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, Washington, DC 

20024. 

FOR FURTHER INFORMATION CONTACT: 

Requests for additional information 

should be addressed to Christine M. 

Todaro, Attorney, Division of Marketing 

Practices, Bureau of Consumer 

Protection, Federal Trade Commission, 

600 Pennsylvania Avenue NW., CC– 

8528, Washington, DC 20580, (202) 326– 

3711. 

SUPPLEMENTARY INFORMATION: Under the 

PRA, 44 U.S.C. 3501–3521, federal 

agencies must obtain approval from 

OMB for each collection of information 

they conduct or sponsor. ‘‘Collection of 

information’’ means agency requests or 

requirements that members of the public 

submit reports, keep records, or provide 

information to a third party. 44 U.S.C. 

3502(3); 5 CFR 1320.3(c). As required by 

section 3506(c)(2)(A) of the PRA, the 

FTC is providing this opportunity for 

public comment before requesting that 

OMB extend the existing clearance for 

the information collection requirements 

contained in the Business Opportunity 

Rule, 16 CFR part 437 (OMB Control 

Number 3084–0142). 

The FTC invites comments on: (1) 

Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(2) the accuracy of the agency’s estimate 

of the burden of the proposed collection 

of information, including the validity of 

the methodology and assumptions used; 

(3) ways to enhance the quality, utility, 

and clarity of the information to be 

collected; and (4) ways to minimize the 

burden of the collection of information 

on those who are to respond, including 

through the use of appropriate 

automated, electronic, mechanical, or 

other technological collection 

techniques or other forms of information 

technology, e.g., permitting electronic 

submission of responses. 

The Business Opportunity Rule 

requires business opportunity sellers to 

furnish to prospective purchasers a 

disclosure document that provides 

information relating to the seller, the 

seller’s business, the nature of the 

proposed business opportunity, as well 

as additional information regarding any 

claims about actual or potential sales, 

income, or profits for a prospective 

business opportunity purchaser. The 

seller must also preserve information 

that forms a reasonable basis for such 

claims. These disclosure and 

recordkeeping requirements are subject 

to the PRA. 

The Rule is designed to ensure that 

prospective purchasers of a business 

opportunity receive information that 

will help them evaluate the opportunity 

that is presented to them. Sellers must 

disclose five key items of information in 

a simple, one-page document: 

• The seller’s identifying information; 

• whether the seller makes a claim 

about the purchaser’s likely earnings 

(and, if the seller checks the ‘‘yes’’ box, 

the seller must provide information 

supporting any such claims); 

• whether the seller, its affiliates or 

key personnel have been involved in 

certain legal actions (and, if yes, the 

seller must provide a separate list of 

those actions); 

• whether the seller has a 

cancellation or refund policy (and, if 

yes, the seller must provide a separate 

document stating the material terms of 

such policies); and 

• a list of persons who bought the 

business opportunity within the 

previous three years. 

Misrepresentations and omissions are 

prohibited under the Rule, and for sales 

conducted in languages other than 

English, all disclosures must be 

provided in the language in which the 

sale is conducted. 

PRA Burden Analysis 

Subject to public comment to shed 

further light, the FTC retains its 

respondent population estimates from 

its prior OMB clearance for the 

information collection requirements 

Federal Register / Vol. 82, No. 187 / Thursday, September 28, 2017 / Notices 45289 

1 79 FR 73074 (Dec. 9, 2014). 

2To estimate how many of the 3,050 sellers 

market business opportunities in languages other 

than English, FTC staff relies upon 2015 United 

States Census Bureau (‘‘Census’’) data. http://

factfinder2.census.gov/faces/tableservices/jsf/ 

pages/productview.xhtml?pid=ACS_12_1YR_

S1601&prodType=table. Calculations based upon 

this data reveal that approximately 5.4% of the 

United States population speaks Spanish at home 

and speaks English less than ‘‘very well.’’ 

Calculations based upon that same survey reveal 

that approximately 3.1% of the United States 

population speaks a language other than Spanish or 

English at home and speak English less than ‘‘very 

well.’’ Staff thus projected that 5.4% of all entities 

selling business opportunities market in Spanish 

and 3.1% of all entities selling business 

opportunities market in languages other than 

English or Spanish. 

3Staff estimates that it will cost approximately 

17.5 cents to translate each word into the language 

the sellers use to market the opportunities. 

under the Rule.1 Thus, FTC staff 

estimates there are approximately 3,050 

business opportunity sellers covered by 

the Rule, including vending machine, 

rack display, work-at-home, and other 

opportunity sellers. Staff also estimates 

that approximately 10% of the 3,050 

business opportunity sellers covered by 

the Rule reflects an equal amount of 

new and departing business entrants 

(thus, for simplicity, staff assumes that, 

for a given year, there are 2,745 existing 

business opportunity sellers plus 305 

new entrants to the field). Additionally, 

staff estimates that approximately 165 of 

business opportunity sellers market 

business opportunities in Spanish (in 

addition to English) and approximately 

95 sellers market in languages other 

than English or Spanish 2 (in addition to 

English). 

A. Estimated Hours Burden 

The burden estimates for compliance 

will vary depending on the particular 

business opportunity seller’s prior 

experience with the Rule. Commission 

staff estimates that the projected 2,745 

existing business opportunity sellers 

will require no more than 

approximately two hours to update the 

disclosure document [5,490 total hours]. 

Staff further projects that the estimated 

305 new business opportunity sellers 

will require no more than 

approximately five hours to develop the 

disclosure document [1,525 total hours]. 

Both existing and new business 

opportunity sellers will require 

approximately one hour to file and store 

records [3,050 total hours], for a 

cumulative total of 10,065 hours [5,490 

hours + 1,525 hours + 3,050 hours] per 

year to meet the Rule’s disclosure and 

recordkeeping requirements. 

B. Estimated Labor Cost 

Labor costs are determined by 

applying applicable wage rates to 

associated burden hours. Commission 

staff assumes that an attorney likely 

would prepare or update the disclosure 

document at an estimated hourly rate of 

$250. Accordingly, staff estimates that 

cumulative labor costs are $2,516,250 

[10,065 hours × $250 per hour]. 

C. Estimated Non-Labor Costs 

1. Printing and Mailing of the Disclosure 

Document 

Business opportunity sellers must 

also incur costs to print and distribute 

the single-page disclosure document, 

plus any attachments. These costs vary 

based upon the length of the 

attachments and the number of copies 

produced to meet the expected demand. 

Commission staff estimates that 3,050 

business opportunity sellers will print 

and mail approximately 1,000 

disclosure documents per year at a cost 

of $1.00 per document, for a total cost 

of $3,050,000. Conceivably, many 

business opportunity sellers will elect to 

furnish disclosures electronically; thus, 

the total cost could be much less. 

2. Translating the Required Disclosures 

Into a Language Other Than English 

The Rule requires that sellers update 

their disclosures. The costs associated 

with translating the disclosures will 

vary depending upon a business 

opportunity seller’s prior experience 

with the Rule and the language the 

seller uses to market the opportunity. 

For example, existing and new business 

opportunity sellers marketing in 

Spanish will not incur costs to translate 

the disclosure document as Appendices 

A and B to the Rule provide, 

respectively, illustrations of the 

requisite disclosure documents in 

English and Spanish. Existing sellers, 

regardless of the non-English language 

used to present disclosures, may incur 

translation costs to update the 

document. New entrants that market 

business opportunities in languages 

other than English or Spanish (in 

addition to an assumed use of 

disclosure documents in English) will 

incur translation costs to translate 

Appendix A from English and to enter 

equivalent responses in these other 

languages. 

As stated above, using assumptions 

informed by Census data (see footnote 

2), FTC staff estimates that 165 sellers 

market business opportunities in 

Spanish and an additional 95 sellers 

market in languages other than English 

or Spanish. This includes an estimated 

10 new entrants in the latter subcategory (based on the assumption that 

10% yearly of a given group consists of 

new entrants with an equal offset for 

departing business entities). Those new 

entrants will incur initial translation 

costs to draft a disclosure document 

consistent with Appendix A to the Rule. 

There are 485 words in Appendix A 

to the Rule. Therefore, the total cost 

burden to translate the disclosure 

document for the 10 new business 

opportunity sellers marketing in a 

language other than English or Spanish 

will be approximately $849 [10 sellers × 

(17.5 cents 3 per word × 485 words)]. 

For purposes of this PRA analysis, 

staff assumes that both new and existing 

business opportunity sellers marketing 

business opportunities in languages 

other than English [260 sellers]: (1) Are 

marketing in both English and another 

language; (2) are not incorporating any 

existing materials into their disclosure 

document; (3) have been the subject of 

civil or criminal legal actions; (4) are 

making earnings claims; (5) have a 

refund or cancellation policy; and (6) 

because of all of the above assumptions, 

require approximately 250 words 

(approximately one standard, doublespaced page) to translate their updates, 

in the case of existing business 

opportunity sellers, or supply and 

translate their initial disclosures, in the 

case of new business opportunity 

sellers. Therefore, the total cost to 

translate the updates or to translate from 

English the initial disclosures is 

approximately $11,375 [260 sellers × 

(17.5 cents per word × 250 words)]. 

Thus, cumulative estimated non-labor 

costs are $3,062,224 ($3,050,000 + $849 

+ $11,375). 

Request for Comment 

You can file a comment online or on 

paper. For the FTC to consider your 

comment, we must receive it on or 

before November 27, 2017. Write 

‘‘Business Opportunity Rule Paperwork 

Comment, FTC File No. P114408’’ 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 http://www.ftc.gov/os/ 

publiccomments.shtm. As a matter of 

discretion, the Commission tries to 

remove individuals’ home contact 

information from comments before 

placing them on the Commission Web 

site. 

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, or to send them to the 

Commission by courier or overnight 

service. To make sure that the 

45290 Federal Register / Vol. 82, No. 187 / Thursday, September 28, 2017 / Notices 

Commission considers your online 

comment, you must file it at https://

ftcpublic.commentworks.com/ftc/ 

BusinessOpportunityRulePRA_by 

following the instructions on the webbased form. When this Notice appears at 

http://www.regulations.gov/#!home, you 

also may file a comment through that 

Web site. 

If you file your comment on paper, 

write ‘‘Business Opportunity Rule 

Paperwork Comment, FTC File No. 

P114408’’ on your comment and on the 

envelope, and mail it 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, 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 

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. 

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 November 27, 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. 

David C. Shonka, 

Acting General Counsel. 

[FR Doc. 2017–20846 Filed 9–27–17; 8:45 am] 

BILLING CODE 6750–01–P 

DEPARTMENT OF HEALTH AND 

HUMAN SERVICES 

Administration for Children and 

Families 

[OMB No.: 0970—NEW] 

Submission for OMB Review; 

Comment Request; Child Care and 

Development Fund Quality Progress 

Report 

Description: Lead Agencies are 

required to spend a certain percent of 

their Child Care and Development Fund 

(CCDF) awards on activities to improve 

the quality of child care. Lead Agencies 

are also required to invest in at least one 

of 10 allowable quality activities 

included in the Child Care and 

Development Block Grant (CCDBG) Act 

of 2014. In order to ensure that States 

and Territories are meeting these 

requirements, the CCDBG Act and the 

CCDF final rule require Lead Agencies 

to submit an annual report, identified as 

the Quality Progress Report in the CCDF 

final rule. The report must describe how 

quality funds were expended, including 

what types of activities were funded and 

measures used to evaluate progress in 

improving the quality of child care 

programs and services. The QPR 

replaces the Quality Performance Report 

that was previously an appendix to the 

CCDF Plan. The QPR increased 

transparency on quality spending and 

will continue to gather detailed 

information on how States and 

Territories are spending their quality 

funds, as well as more specific data 

points to reflect the requirements in the 

CCDBG Act and the CCDF final rule. 

In the QPR, Lead Agencies are asked 

about the State’s or Territory’s progress 

in meeting its goals as reported in the 

CCDF Plan, and provide available data 

on the results of those activities. 

Specifically, this report will: (1) Ensure 

accountability for the use of CCDF 

quality funds, including a set-aside for 

quality infant and toddler care that 

begins in FY 2017; (2) track progress 

toward meeting State- and Territory-set 

indicators and benchmarks for 

improvement of child care quality per 

what they described in their CCDF 

Plans; (3) summarize how the Lead 

Agency is building a progression of 

professional development for child care 

providers as envisioned in the CCDBG 

Act of 2014 and CCDF final rule; and (4) 

inform federal technical assistance 

efforts and decisions regarding strategic 

use of quality funds. 

The Office of Child Care (OCC) has 

given thoughtful consideration to the 

comments received during the 60-day 

Public Comment Period and has revised 

the QPR to better align with the new 

program requirements made under the 

CCDBG Act of 2014 and the final rule. 

The revised document also contains 

additional guidance and clarification 

where appropriate in order to improve 

the quality of information that is being 

collected. Note: A correction was also 

made to the burden hours. This 30-day 

Public Comment Period provides an 

opportunity for the public to submit 

comments to the Office of Management 

and Budget (OMB). 

Copies of the proposed collection may 

be obtained by writing to the 

Administration for Children and 

Families, Office of Administration, 

Office of Information Services, 370 

L’Enfant Promenade SW., Washington, 

DC 20447, Attn: ACF Reports Clearance 

Officer. All requests should be 

identified by the title of the information 

collection. Email address: 

infocollection@acf.hhs.gov. 

Respondents: State and Territory 

CCDF Lead Agencies (56).