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Notice

Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities

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Information about this document as published in the Federal Register.

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This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

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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 Start Printed Page 48971other company, in a nonbanking activity that is listed in § 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. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/​nic/​.

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 October 9, 2009.

A. Federal Reserve Bank of New York (Ivan Hurwitz, Bank Applications Officer) 33 Liberty Street, New York, New York 10045-0001:

1. Ladder Capital Finance Holdings LLC, and Ladder Midco LLC, both of New York, New York; to engage in commercial real estate finance or commercial mortgage backed securities or swaps to hedge risks or related advisory, management or servicing activities, pursuant to sections 225.28(b)(1), (b)(2)(iv); (b)(7)(i) and (iii); (b)(8)(ii)(B) and (ii)(C), of Regulation Y.

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Board of Governors of the Federal Reserve System, September 21, 2009.

Robert deV. Frierson,

Deputy Secretary of the Board.

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[FR Doc. E9-23133 Filed 9-24-09; 8:45 am]

BILLING CODE 6210-01-S