81 FR 33243 - Consumer Advisory Board Meeting

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 81, Issue 101 (May 25, 2016)

Page Range		33243-33244
FR Document		2016-12344

This notice sets forth the announcement of a public meeting of the Consumer Advisory Board (CAB or Board) of the Bureau of Consumer Financial Protection (Bureau). The notice also describes the functions of the Board. Notice of the meeting is permitted by section 9 of the CAB Charter and is intended to notify the public of this meeting. Specifically, Section 9(d) of the CAB Charter states:

Federal Register, Volume 81 Issue 101 (Wednesday, May 25, 2016)

[Federal Register Volume 81, Number 101 (Wednesday, May 25, 2016)]
[Notices]
[Pages 33243-33244]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-12344]


=======================================================================
-----------------------------------------------------------------------

BUREAU OF CONSUMER FINANCIAL PROTECTION


Consumer Advisory Board Meeting

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice of public meeting.

-----------------------------------------------------------------------

SUMMARY: This notice sets forth the announcement of a public meeting of 
the Consumer Advisory Board (CAB or Board) of the Bureau of Consumer 
Financial Protection (Bureau). The notice also describes the functions 
of the Board. Notice of the meeting is permitted by section 9 of the 
CAB Charter and is intended to notify the public of this meeting. 
Specifically, Section 9(d) of the CAB Charter states:


[[Page 33244]]


    (1) Each meeting of the Board shall be open to public 
observation, to the extent that a facility is available to 
accommodate the public, unless the Bureau, in accordance with 
paragraph (4) of this section, determines that the meeting shall be 
closed. The Bureau also will make reasonable efforts to make the 
meetings available to the public through live web streaming. (2) 
Notice of the time, place and purpose of each meeting, as well as a 
summary of the proposed agenda, shall be published in the Federal 
Register not more than 45 or less than 15 days prior to the 
scheduled meeting date. Shorter notice may be given when the Bureau 
determines that the Board's business so requires; in such event, the 
public will be given notice at the earliest practicable time. (3) 
Minutes of meetings, records, reports, studies, and agenda of the 
Board shall be posted on the Bureau's Web site 
(www.consumerfinance.gov). (4) The Bureau may close to the public a 
portion of any meeting, for confidential discussion. If the Bureau 
closes a meeting or any portion of a meeting, the Bureau will issue, 
at least annually, a summary of the Board's activities during such 
closed meetings or portions of meetings.


DATES: The meeting date is Thursday, June 9, 2016, 10:30 a.m. to 4:30 
p.m. central standard time.

ADDRESSES: The meeting location is the Statehouse Convention Center, 
Ballroom D, 101 E Markham Street, Little Rock, AR 72201.

FOR FURTHER INFORMATION CONTACT: Crystal Dully, Outreach and Engagement 
Associate, 202-435-9588, [email protected], Consumer 
Advisory Board and Councils Office, External Affairs, 1275 First Street 
NE., Washington, DC 20002.

SUPPLEMENTARY INFORMATION: 

I. Background

    Section 1014(a) of the Dodd-Frank Wall Street Reform and Consumer 
Protection Act (http://files.consumerfinance.gov/f/201501_cfpb_charter-of-the-consumer-advisory-board.pdf) (Dodd-Frank Act) provides:

    The Director shall establish a Consumer Advisory Board to advise 
and consult with the Bureau in the exercise of its functions under 
the Federal consumer financial laws, and to provide information on 
emerging practices in the consumer financial products or services 
industry, including regional trends, concerns, and other relevant 
information.

    (a) The purpose of the Board is outlined in Section 1014(a) of the 
Dodd-Frank Act (http://files.consumerfinance.gov/f/201501_cfpb_charter-of-the-consumer-advisory-board.pdf), which states that the Board shall 
``advise and consult with the Bureau in the exercise of its functions 
under the Federal consumer financial laws'' and ``provide information 
on emerging practices in the consumer financial products or services 
industry, including regional trends, concerns, and other relevant 
information.'' (b) To carry out the Board's purpose, the scope of its 
activities shall include providing information, analysis, and 
recommendations to the Bureau. The Board will generally serve as a 
vehicle for market intelligence and expertise for the Bureau. Its 
objectives will include identifying and assessing the impact on 
consumers and other market participants of new, emerging, and changing 
products, practices, or services. (c) The Board will also be available 
to advise and consult with the Director and the Bureau on other matters 
related to the Bureau's functions under the Dodd-Frank Act.

II. Agenda

    The Consumer Advisory Board will discuss an auto lending education 
initiative, trends and themes, and payday lending.
    Persons who need a reasonable accommodation to participate should 
contact [email protected], 202-435-9EEO, 1-855-233-0362, or 202-
435-9742 (TTY) at least ten business days prior to the meeting or event 
to request assistance. The request must identify the date, time, 
location, and title of the meeting or event, the nature of the 
assistance requested, and contact information for the requester. CFPB 
will strive to provide, but cannot guarantee that accommodation will be 
provided for late requests.
    Individuals who wish to attend the Consumer Advisory Board meeting 
must RSVP to [email protected] by noon, June 8, 2016. 
Members of the public must RSVP by the due date and must include 
``CAB'' in the subject line of the RSVP.

III. Availability

    The Board's agenda will be made available to the public on May 25, 
2016, via www.consumerfinance.gov. Individuals should express in their 
RSVP if they require a paper copy of the agenda.
    A recording and transcript of this meeting will be available after 
the meeting on the CFPB's Web site www.consumerfinance.gov.

    Dated: May 19, 2016.
Christopher D'Angelo,
Chief of Staff, Bureau of Consumer Financial Protection.
[FR Doc. 2016-12344 Filed 5-24-16; 8:45 am]
 BILLING CODE 4810-AM-P

Federal Register / Vol. 81, No. 101 / Wednesday, May 25, 2016 / Notices 33243

effectively fished, and whether sound method to measure scallop shell interest, and the Commission has
preliminary information supports the height. Crew would sort the finfish consulted with the General Services
dredge’s expected better size selectivity catch by species and then count and Administration’s Committee
and reduction of bycatch. The applicant weigh them. Depending on the volume Management Secretariat regarding the
submitted a complete application for an of scallops and finfish captured, the MRAC’s renewal.
EFP on March 22, 2016, to enable the catch would be subsampled if FOR FURTHER INFORMATION CONTACT:
use of the modified gear during Mid- necessary. Finfish catch not retained for Petal Walker, MRAC Designated Federal
Atlantic Access Area fishing trips. The sale would not be kept on deck for Officer, at 202–418–5794 or pwalker@
EFP would authorize exemptions for longer than needed to conduct cftc.gov.
one commercial vessel from the scallop sampling. Exemption from possession
dredge gear restriction of no more than limit and minimum sizes would support SUPPLEMENTARY INFORMATION: The
seven rows in the apron at 50 CFR catch sampling activities, and ensure MRAC’s objectives and scope of
648.51(b)(4)(iv); the scallop observer the vessel is not in conflict with activities are to conduct public meetings
program requirement at § 648.11(g); and possession regulations while collecting and submit reports and
would temporarily exempt the catch data. All catch above a possession recommendations to the Commission
participating vessel from possession limit or below a minimum size would on: (1) Systemic issues that impact the
limits and minimum size requirements be discarded as soon as practicable stability of the derivatives markets and
specified in 50 CFR part 648, following data collection. The vessel other related financial markets; and (2)
subsections B and D through O, for would be exempt from the sea scallop the impact and implications of the
sampling purposes only. Any fishing observer program requirements because evolving market structure of the
activity conducted outside the scope of the gear used is not typical of gear used derivatives markets and other related
the exempted fishing activity would be during normal commercial fishing financial markets. The MRAC will also
prohibited, including landing fish in operations. All trips would otherwise be advise and make recommendations on
excess of a possession limit or below the conducted in a manner consistent with monitoring and managing systemic risk
minimum size. normal commercial fishing conditions, and on ensuring the integrity of the
One vessel would conduct scallop and catch consistent with the Limited derivatives markets and other related
dredging in May 2016-October 2016 on Access possession limits for the Mid- financial markets to support the
three trips in the Mid-Atlantic Access Atlantic Access Area would be retained Commission’s mission. The MRAC will
Area. All trips would fish two 13-foot for sale. operate for two years from the date of
(3.96-m) Turtle Deflector Dredges, If approved, the applicant may renewal unless the Commission directs
towed for an average duration of 50 request minor modifications and that the MRAC terminate on an earlier
minutes. Each trip would complete extensions to the EFP throughout the date. A copy of the MRAC renewal
approximately 150 tows for an overall year. EFP modifications and extensions charter has been filed with the
total of 450 tows. One dredge would be may be granted without further notice if Commission; the Senate Committee on
rigged with an industry standard bag they are deemed essential to facilitate Agriculture, Nutrition and Forestry; the
comprised of 7 rows of rings from the completion of the proposed research House Committee on Agriculture; the
twine top to the terminus, while the and have minimal impacts that do not Library of Congress; and the General
other would be rigged with an change the scope or impact of the Services Administration’s Committee
experimental ‘‘box bag’’ configuration. initially approved EFP request. Any Management Secretariat. A copy of the
The experimental bag will consist of fishing activity conducted outside the renewal charter will be posted on the
two 3-ring wide side panels and one 3- scope of the exempted fishing activity Commission’s Web site at www.cftc.gov.
ring wide rear panel all connecting the would be prohibited. Dated: May 20, 2016.
topside of the bag to the underside
Authority: 16 U.S.C. 1801 et seq. Christopher J. Kirkpatrick,
creating a box-like bag. Both dredges
would use 4-inch (10.16-cm) rings, 10- Secretary of the Commission.
Dated: May 19, 2016.
inch (25.40-cm) twine top, and turtle [FR Doc. 2016–12316 Filed 5–24–16; 8:45 am]
Emily H. Menashes,
chain mats. Acting Director, Office of Sustainable
BILLING CODE 6351–01–P
For all tows, the scallop catch would Fisheries, National Marine Fisheries Service.
be kept separated by dredge and placed [FR Doc. 2016–12243 Filed 5–24–16; 8:45 am]
into baskets, counted and weighed using
BILLING CODE 3510–22–P BUREAU OF CONSUMER FINANCIAL
a certified electronic scale. The captain
PROTECTION
and crew would then count the number
of scallops contained in a minimum of Consumer Advisory Board Meeting
one basket from each dredge, enabling COMMODITY FUTURES TRADING
them to measure the size selectivity of COMMISSION AGENCY: Bureau of Consumer Financial
each dredge. Generally, the greater the Protection.
Renewal of the Market Risk Advisory
number of scallops in a basket, within ACTION: Notice of public meeting.
Committee
a reasonable range allowing for variance
in how the crew fill baskets, the smaller AGENCY: Commodity Futures Trading SUMMARY: This notice sets forth the
the scallops are in size. This is a quick Commission. announcement of a public meeting of
and simple method to gauge whether or ACTION: Notice. the Consumer Advisory Board (CAB or
not the experimental dredge is Board) of the Bureau of Consumer
mstockstill on DSK3G9T082PROD with NOTICES

achieving larger size selectivity without SUMMARY: The Commodity Futures Financial Protection (Bureau). The
having shell height measuring tools. If Trading Commission (Commission) is notice also describes the functions of
this proof of concept study publishing this notice to announce the the Board. Notice of the meeting is
preliminarily shows positive results and renewal of the Market Risk Advisory permitted by section 9 of the CAB
the applicant would like to continue Committee (MRAC). The Commission Charter and is intended to notify the
research with the experimental dredge, has determined that the renewal of the public of this meeting. Specifically,
we would require a more scientifically MRAC is necessary and in the public’s Section 9(d) of the CAB Charter states:

VerDate Sep<11>2014 20:19 May 24, 2016 Jkt 238001 PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 E:\FR\FM\25MYN1.SGM 25MYN1

Document Created: 2018-02-07 15:03:23
Document Modified: 2018-02-07 15:03:23

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice of public meeting.
Dates		The meeting date is Thursday, June 9, 2016, 10:30 a.m. to 4:30 p.m. central standard time.
Contact		Crystal Dully, Outreach and Engagement Associate, 202-435-9588, [email protected], Consumer Advisory Board and Councils Office, External Affairs, 1275 First Street NE., Washington, DC 20002.
FR Citation		81 FR 33243