2020-21106

Federal Register, Volume 85 Issue 187 (Friday, September 25, 2020) 
[Federal Register Volume 85, Number 187 (Friday, September 25, 2020)]
[Rules and Regulations]
[Pages 60355-60356]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-21100]

 

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Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents.

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Federal Register / Vol. 85, No. 187 / Friday, September 25, 2020 /
Rules and Regulations

[[Page 60355]]

 

DEPARTMENT OF TREASURY

Office of the Comptroller of the Currency

12 CFR Part 44

[Docket No. OCC-2020-0002]
RIN 1557-AE67

FEDERAL RESERVE SYSTEM

12 CFR Part 248

[Docket No. R-1694]
RIN 7100-AF70

FEDERAL DEPOSIT INSURANCE CORPORATION

12 CFR Part 351

RIN 3064-AF17

COMMODITY FUTURES TRADING COMMISSION

17 CFR Part 75

RIN 3038-AE93

SECURITIES AND EXCHANGE COMMISSION

17 CFR Part 255

[Release no. BHCA-9A; File no. S7-02-20]
RIN 3235-AM70


Prohibitions and Restrictions on Proprietary Trading and Certain
Interests in, and Relationships With, Hedge Funds and Private Equity
Funds; Correction

AGENCY: Office of the Comptroller of the Currency, Treasury (OCC);
Board of Governors of the Federal Reserve System (Board); Federal
Deposit Insurance Corporation (FDIC); Securities and Exchange
Commission (SEC); and Commodity Futures Trading Commission (CFTC).

ACTION: Notification of correction.

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SUMMARY: The OCC, Board, FDIC, SEC, and CFTC (together, the agencies)
are issuing this correction to make technical corrections to the
Federal Register rule adopting amendments to the regulations
implementing section 13 of the Bank Holding Company Act published on
July 31, 2020.

DATES: Effective October 1, 2020.

FOR FURTHER INFORMATION CONTACT:
    OCC: Tabitha Edgens, Counsel; Mark O'Horo, Senior Attorney, Chief
Counsel's Office, (202) 649-5490; for persons who are deaf or hearing
impaired, TTY, (202) 649-5597, Office of the Comptroller of the
Currency, 400 7th Street SW, Washington, DC 20219.
    Board: Sarah Podrygula, Attorney, (202) 912-4658, or Kirin Walsh,
Attorney, (202) 452-3058, Legal Division, Board of Governors of the
Federal Reserve System, 20th and C Streets NW, Washington, DC 20551.
For users of Telecommunication Device for the Deaf (TDD), (202) 263-
4869.
    FDIC: Michael B. Phillips, Counsel, (202) 898-3581, or Annmarie H.
Boyd, Counsel, (202) 898-3714, Legal Division, Federal Deposit
Insurance Corporation, 550 17th Street NW, Washington, DC 20429.
    CFTC: Cantrell Dumas, Special Counsel, (202) 418-5043,
[email protected], Division of Swap Dealer and Intermediary Oversight;
Mark Fajfar, Assistant General Counsel, (202) 418-6636,
[email protected], Office of the General Counsel; Commodity Futures
Trading Commission, Three Lafayette Centre, 1155 21st Street NW,
Washington, DC 20581.
    SEC: William Miller, Senior Counsel, or Jennifer Songer, Branch
Chief at (202) 551-6787 or [email protected], Investment Adviser
Regulation Office, Division of Investment Management, U.S. Securities
and Exchange Commission, 100 F Street NE, Washington, DC 20549.
    You may also contact any of the individuals for these agencies
named in the final rule published on July 31, 2020, at 85 FR 46422.

SUPPLEMENTARY INFORMATION: The agencies are issuing this correction to
make technical corrections to the final rule adopting amendments to the
regulations implementing section 13 of the Bank Holding Company Act
published on July 31, 2020 (the 2020 amendments).\1\ Two of the
amendatory instructions of the 2020 amendments did not accurately
reflect changes to the agencies' rules as described in the
Supplementary Information section of the 2020 amendments. This
correction corrects the agencies' Federal Register notice consistent
with the Supplementary Information section of the 2020 amendments.
Specifically, this correction corrects an instruction stating that the
agencies were revising paragraph (d)(1) of section __.20 of the 2020
amendments when the agencies intended to revise the introductory text
to paragraph (d)(1). This correction also corrects instructions
concerning 17 CFR 255.10(c)(11) and 75.10(c)(11) to retain the
introductory text for those paragraphs. The agencies note that the
effective date for the 2020 amendments is unchanged and continues to be
October 1, 2020.
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    \1\ 85 FR 46422 (July 31, 2020).
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Correction

    In the Federal Register of July 31, 2020, FR Rule Doc. 2020-15525,
beginning on page 46422, is corrected as follows:

Title 12


Sec.  44.20  [Corrected]

0
1. On page 46502, in the third column, in 12 CFR 44.20, in amendment
7b., add the words ``introductory text'' after the words ``paragraph
(d)(1)''.


Sec.  248.20   [Corrected]

0
2. On page 46509, in the second column, in 12 CFR 248.20, in amendment
14b., add the words ``introductory text'' after the words ``paragraph
(d)(1)''.


Sec.  351.20   [Corrected]

0
3. On page 46516, in the first column, in 12 CFR 351.20, in amendment
21b., add the words ``introductory text'' after the words ``paragraph
(d)(1)''.

Title 17


Sec.  75.10  [Corrected]

0
4. On page 46517, third column, in 17 CFR 75.10, remove ``(11) * * *''
and add in its place ``(11) SBICs and public welfare investment funds.
An issuer:''


Sec.  75.20   [Corrected]

0
5. On page 46522, in the second column, in 17 CFR 75.20, in amendment

[[Page 60356]]

28b., add the words ``introductory text'' after the words ``paragraph
(d)(1)''.


Sec.  255.10   [Corrected]

0
6. On page 46524, second column, in 17 CFR 255.10, remove ``(11) * *
*'' and add in its place ``(11) SBICs and public welfare investment
funds. An issuer:''


Sec.  255.20  [Corrected]

0
7. On page 46529, in the first column, in 17 CFR 255.20, in amendment
35b., add the words ``introductory text'' after the words ``paragraph
(d)(1)''.

Jonathan V. Gould,
Senior Deputy Comptroller and Chief Counsel, Office of the Comptroller
of the Currency.

    Board of Governors of the Federal Reserve System.
Ann E. Misback,
Secretary of the Board.

Federal Deposit Insurance Corporation.

    Dated at Washington, DC, on or about September 18, 2020.
James P. Sheesley,
Acting Assistant Executive Secretary.

Commodity Futures Trading Commission.

    Dated: September 21, 2020.
Robert Sidman,
Deputy Secretary of the Commission.

    By the Securities and Exchange Commission.
Vanessa A. Countryman,

Secretary.
[FR Doc. 2020-21100 Filed 9-24-20; 8:45 am]
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