Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

Federal Register, Volume 77 Issue 19 (Monday, January 30, 2012)

Federal Register Volume 77, Number 19 (Monday, January 30, 2012)

Notices

Pages 4560-4561

From the Federal Register Online via the Government Printing Office www.gpo.gov

FR Doc No: 2012-1927

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FEDERAL RESERVE SYSTEM

Notice of Proposals To Engage in or To Acquire Companies Engaged in Permissible Nonbanking Activities

The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y, (12 CFR part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in Sec. 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States.

Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may

Page 4561

express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act.

Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 14, 2012.

1. Federal Reserve Bank of New York (Ivan Hurwitz, Vice President) 33 Liberty Street, New York, New York 10045-0001:

1. Bank of China Limited, Beijing, China; to engage de novo through its newly formed subsidiary BOCI Commodities & Futures (USA) LLC, New York, New York, in acting as a futures commission merchant pursuant to section 225.28(b)(7)(iv) of Regulation Y.

Board of Governors of the Federal Reserve System, January 25, 012.

Jennifer J. Johnson,

Secretary of the Board.

FR Doc. 2012-1927 Filed 1-27-12; 8:45 am

BILLING CODE 6210-01-P