Board Actions

Forms -- initial board review to extend without revision the Notification of Nonfinancial Data Processing Activities (FR 4021); final Board review to extend with revision the Intermittent Survey of Businesses (FR 1374); and final Board review to extend without revision the Filings Related to the Gramm-Leach-Bliley Act (FR 4010, FR 4011, FR 4012, FR 4017, FR 4019, and FR 4023).
-Approved, January 29, 2020

Division of Financial Management -- appointment of Thomas Murphy as deputy associate director.
-Approved, January 17, 2020
(A/C)

Volcker Rule, and Determination of Control Over Banking Organizations -- (1) publication for comment of a notice of proposed rulemaking to clarify and streamline the Volcker Rule's "covered funds" restrictions, and (2) final rule to simplify and increase the transparency of rules for determining control of a banking organization.
-Approved, January 30, 2020

Alden State Bank, Alden, New York -- consent order of assessment of a civil money penalty pursuant to the National Flood Insurance Act.
-Announced, January 30, 2020

Farmers & Merchants Bank, Baldwyn, Mississippi -- issuance of a final decision and an order of prohibition requiring restitution, and assessment of a civil money penalty against Carol Allen, a former institution-affiliated party.
-Approved, January 29, 2020

The Goldman Sachs Group, Inc., New York, New York -- issuance of a consent order of prohibition against Andrea Vella, an institution-affiliated party of certain nonbank subsidiaries of The Goldman Sachs Group, Inc.
-Approved, January 31, 2020