Search Results for citation:"86 FR 539"

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Search Results: citation:"86 FR 539"

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  • 2020-29248 — Citrus World, Inc.; Notice of Petition for Declaratory Order
    Type:Notice
    Citation:86 FR 539
    Reading Time:about a minute or two

    Citrus World, Inc. submitted a petition to the Federal Energy Regulatory Commission (FERC) on December 21, 2020. They are asking FERC to issue a declaratory order that provides a partial waiver of certain regulations related to cogeneration qualifying facilities, except for sections 205 and 206 of the Federal Power Act. Anyone wishing to protest or intervene in response to this petition must adhere to FERC's specified rules and file by January 11, 2021. Due to COVID-19, the public cannot access FERC's Public Reference Room, but electronic and mailed filings are encouraged.

    Simple Explanation

    Citrus World, Inc. asked an important energy group if they can skip some rules for a special energy project, and people can say if they agree or not until January 11, 2021, but they have to do it online or by mail because the office is closed due to COVID-19.

  • 2020-29205 — Formations of, Acquisitions by, and Mergers of Bank Holding Companies
    Type:Notice
    Citation:86 FR 539
    Reading Time:about a minute or two

    The Federal Reserve System announced that several companies have applied for approval to become bank holding companies or to acquire assets or control of banks or bank holding companies. Public portions of these applications are available for inspection at specific Federal Reserve Banks and online through the Federal Reserve's website. Interested individuals can submit their comments about these applications by February 5, 2021. One notable application involves PNC Financial Services Group, Inc. and PNC Bancorp, Inc. seeking to acquire BBVA USA Bancshares, Inc. and indirectly BBVA USA.

    Simple Explanation

    The Federal Reserve says some companies want to buy banks or become bank owners, and people can look at these plans online and share their thoughts by early February 2021. One big company, PNC, wants to buy another bank called BBVA USA.

  • 2020-29206 — Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company
    Type:Notice
    Citation:86 FR 539
    Reading Time:about 2 minutes

    The Federal Reserve System has received applications under the Change in Bank Control Act to acquire shares in banks or bank holding companies. These applications are being reviewed based on specified factors from the Act. Public information about these applications can be accessed at Federal Reserve Banks and the Board of Governors' offices or requested online. Comments from the public are welcomed, provided they are submitted by January 21, 2021, to the appropriate authorities.

    Simple Explanation

    The Federal Reserve System wants to know what people think about some people trying to buy big parts of banks. They are listening to everyone's ideas and thoughts until January 21, 2021, to help them decide if these people should be allowed to do it.