[Federal Register Volume 88, Number 79 (Tuesday, April 25, 2023)]
[Notices]
[Pages 24989-24990]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-08708]


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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 
10 of the Home Owners' Loan Act (12 U.S.C. 1467a) (HOLA) and Regulation 
LL (12 CFR part 238) 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.  238.53 of 
Regulation LL (12 CFR 238.53). Unless otherwise noted, these activities 
will be conducted throughout the United States.
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on whether the 
proposed transaction complies with the standards enumerated in section 
10(c)(4)(B) of the HOLA (12 U.S.C. 1467a(c)(4)(B)). Unless otherwise 
noted, nonbanking activities will be conducted throughout the United 
States.
    Comments regarding each of these 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 May 10, 2023.
    A. Federal Reserve Bank of Philadelphia (William Spaniel, Senior 
Vice President) 100 North 6th Street, Philadelphia, Pennsylvania 19105-
1521. Comments can also be sent electronically to 
[email protected]:
    1. Vecta Partners LLC, White Plains, New York, and Vecta Inc., 
Irvington, New York; to engage de novo in real estate acquisition and 
management through a proposed new subsidiary, Vecta Realty LLC, 
Montvale, New Jersey, pursuant to section 238.53(b)(7) and (b)(8) of 
the Board's Regulation LL.


[[Page 24990]]


    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023-08708 Filed 4-24-23; 8:45 am]
BILLING CODE P