[Federal Register Volume 84, Number 229 (Wednesday, November 27, 2019)]
[Notices]
[Page 65393]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25704]


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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 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, Ann E. Misback, Secretary of the Board, 20th Street and 
Constitution Avenue NW, Washington, DC 20551-0001, not later than 
December 16, 2019.
    A. Federal Reserve Bank of Chicago (Colette A. Fried, Assistant 
Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414:
    1. Burling Bancorp, Inc., Chicago, Illinois; to retain ownership of 
Burling Wealth Management Inc. and Burling Ventures Inc., both of 
Chicago, Illinois, and thereby engage in the nonbanking activities 
related to activities extending credit and investment advisory 
services, respectively, pursuant to sections 225.28(b)(2) and (b)(6) of 
Regulation Y.

    Board of Governors of the Federal Reserve System, November 21, 
2019.
Yao-Chin Chao,
Assistant Secretary of the Board.
[FR Doc. 2019-25704 Filed 11-26-19; 8:45 am]
BILLING CODE P