81_FR_70594 81 FR 70397 - Consumer Advisory Board Meeting

81 FR 70397 - Consumer Advisory Board Meeting

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 81, Issue 197 (October 12, 2016)

Page Range70397-70398
FR Document2016-24637

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 (CFPB or 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.

Federal Register, Volume 81 Issue 197 (Wednesday, October 12, 2016) 
[Federal Register Volume 81, Number 197 (Wednesday, October 12, 2016)]
[Notices]
[Pages 70397-70398]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2016-24637]


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BUREAU OF CONSUMER FINANCIAL PROTECTION


Consumer Advisory Board Meeting

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice of public meeting.

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SUMMARY: This notice sets forth the announcement of a public meeting of 
the Consumer Advisory Board (CAB or Board) of the Bureau of Consumer

[[Page 70398]]

Financial Protection (CFPB or 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.

DATES: The meeting date is Thursday, October 27, 2016, 10:30 a.m. to 
4:00 p.m. eastern standard time.

ADDRESSES: The meeting location is the Consumer Financial Protection 
Bureau, 1275 First Street NE., Washington, DC 20002.

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 9(d) of the CAB Charter states:

    (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 website 
(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.

    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 student loan servicing 
issues and trends and themes in debt collection.
    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, October 26, 
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 October 
12, 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 website www.consumerfinance.gov.

    Dated: October 6, 2016.
David Uejio,
Acting Chief of Staff, Bureau of Consumer Financial Protection.
[FR Doc. 2016-24637 Filed 10-11-16; 8:45 am]
 BILLING CODE 4810-AM-P

Federal Register / Vol. 81, No. 197 / Wednesday, October 12, 2016 / Notices 70397 Estimated time Estimated Estimated annual Rate Item for response annual burden hours ($/hr) (hours) responses (a) (b) (a) × (b)/60 = (c) 1. Petition for Rescission of Secrecy Order .............................................. 3.0 10 30.0 410 2. Petition to Disclose or Modification of Secrecy Order .......................... 2.0 15 30.0 410 3. Petition for General and Group Permits ................................................ 1.0 1 1.0 410 4. Petition for Expedited Handling of License (no corresponding applica- tion) ........................................................................................................ 0.5 2,200 1,100.0 410 5. Petition for Expedited Handling of License (corresponding U.S. appli- cation) ..................................................................................................... 0.5 250 125.0 410 6. Petition for Changing Scope of License ................................................ 0.5 3 1.5 410 7. Petition for Retroactive License ............................................................ 4.0 80 320 410 Totals .................................................................................................. ........................ 2,559 1,607.5 ........................ Estimated Total Annual (Non-hour) the form of filing fees for the foreign been introduced. The USPTO estimates Respondent Cost Burden: $448,267.70. filing petitions and postage costs. No that 20% of the responses in this There are no capital start-up, fees are associated with the secrecy collection will come from small entities maintenance, or record keeping costs order petitions. and approximately 10% of the small associated with this information The license petitions all charge the 37 entity respondents will qualify as micro collection. However, this collection CFR 1.17(g) fee, for which small and entities. does have annual (non-hour) costs in micro entity discounts recently have Total non-hour Filing fee Item Responses cost burden ($) ($) (a) (b) (a) × (b) = (c) 1. Petition for Rescission of Secrecy Order ................................................................................ 10 0.00 0.00 2. Petition to Disclose or Modification of Secrecy Order ............................................................ 15 0.00 0.00 3. Petition for General and Group Permits .................................................................................. 1 0.00 0.00 4. Petition for Expedited Handling of License (no corresponding application) ........................... 1,716 200.00 343,200.00 4. Petition for Expedited Handling of License (no corresponding application) (small entity) ..... 440 100.00 44,000.00 4. Petition for Expedited Handling of License (no corresponding application) (micro entity) ..... 44 50.00 2,200.00 5. Petition for Expedited Handling of License (corresponding U.S. application) ........................ 195 200.00 39,000.00 5. Petition for Expedited Handling of License (corresponding U.S. application) (small entity) .. 50 100.00 5,000.00 5. Petition for Expedited Handling of License (corresponding U.S. application) (micro entity) .. 5 50.00 250.00 6. Petition for Changing Scope of License .................................................................................. 1 200.00 200.00 6. Petition for Changing Scope of License (small entity) ............................................................ 1 100.00 100.00 6. Petition for Changing Scope of License (micro entity) ........................................................... 1 50.00 50.00 7. Petition for Retroactive License .............................................................................................. 62 200.00 12,400.00 7. Petition for Retroactive License (small entity) ......................................................................... 16 100.00 1,600.00 7. Petition for Retroactive License (micro entity) ........................................................................ 2 50.00 100.00 Totals .................................................................................................................................... 2,559 ........................ 448,100.00 The USPTO estimates that 99% of the (a) Whether the proposed collection of Dated: October 3, 2016. petitions in this collection are submitted information is necessary for the proper Rhonda Foltz, by facsimile or hand carried because of performance of the functions of the Director, Office of Information Management the quick turnaround required. For the agency, including whether the Services, OCIO, United States Patent and 1% of the public that chooses to submit information shall have practical utility; Trademark Office. the petitions to the USPTO by mail (b) the accuracy of the agency’s [FR Doc. 2016–24592 Filed 10–11–16; 8:45 am] through the United States Postal estimate of the burden (including hours BILLING CODE 3510–16–P Service, the USPTO estimates that the and cost) of the proposed collection of average postage cost for a USPS Priority information; Mail, flat-rate envelope submission is (c) ways to enhance the quality, utility, and clarity of the information to BUREAU OF CONSUMER FINANCIAL $6.45, and that 26 submissions will be PROTECTION mailed to the USPTO per year for a total be collected; and estimated postage cost of $167.70. (d) ways to minimize the burden of Consumer Advisory Board Meeting the collection of information on Therefore, the USPTO estimates that respondents, e.g., the use of automated Bureau of Consumer Financial mstockstill on DSK3G9T082PROD with NOTICES AGENCY: the total (non-hour) cost burden for this collection techniques or other forms of Protection. collection in the form of filing fees and information technology. Comments ACTION: Notice of public meeting. postage costs is estimated to be submitted in response to this notice will approximately $448,267.70. be summarized or included in the SUMMARY: This notice sets forth the IV. Request for Comments request for OMB approval of this announcement of a public meeting of information collection; they also will the Consumer Advisory Board (CAB or Comments are invited on: become a matter of public record. Board) of the Bureau of Consumer VerDate Sep<11>2014 20:13 Oct 11, 2016 Jkt 241001 PO 00000 Frm 00012 Fmt 4703 Sfmt 4703 E:\FR\FM\12OCN1.SGM 12OCN1

70398 Federal Register / Vol. 81, No. 197 / Wednesday, October 12, 2016 / Notices Financial Protection (CFPB or Bureau). Frank Act (http:// Dated: October 6, 2016. The notice also describes the functions files.consumerfinance.gov/f/201501_ David Uejio, of the Board. Notice of the meeting is cfpb_charter-of-the-consumer-advisory- Acting Chief of Staff, Bureau of Consumer permitted by section 9 of the CAB board.pdf), which states that the Board Financial Protection. Charter and is intended to notify the shall ‘‘advise and consult with the [FR Doc. 2016–24637 Filed 10–11–16; 8:45 am] public of this meeting. Bureau in the exercise of its functions BILLING CODE 4810–AM–P DATES: The meeting date is Thursday, under the Federal consumer financial October 27, 2016, 10:30 a.m. to 4:00 laws’’ and ‘‘provide information on p.m. eastern standard time. emerging practices in the consumer DEPARTMENT OF DEFENSE ADDRESSES: The meeting location is the financial products or services industry, Consumer Financial Protection Bureau, including regional trends, concerns, and Department of the Air Force 1275 First Street NE., Washington, DC other relevant information.’’ (b) To carry 20002. out the Board’s purpose, the scope of its Air University Board of Visitors’ Air activities shall include providing Force Institute of Technology FOR FURTHER INFORMATION CONTACT: information, analysis, and Crystal Dully, Outreach and Engagement AGENCY: Department of the Air Force, recommendations to the Bureau. The Associate, 202–435–9588, CFPB_ Air University, Department of Defense. Board will generally serve as a vehicle CABandCouncilsEvents@cfpb.gov, for market intelligence and expertise for ACTION: Notice withdrawal. Consumer Advisory Board and Councils the Bureau. Its objectives will include Office, External Affairs, 1275 First Street SUMMARY: The Department of Defense is identifying and assessing the impact on withdrawing the previously announced NE., Washington, DC 20002. consumers and other market SUPPLEMENTARY INFORMATION: Federal Register notice concerning a participants of new, emerging, and meeting of the Air Force Institution of I. Background changing products, practices, or Technology Subcommittee on October services. (c) The Board will also be 17 thru 18, 2016, as announced in the Section 9(d) of the CAB Charter states: available to advise and consult with the Federal Register (Volume 81, Number (1) Each meeting of the Board shall be open Director and the Bureau on other to public observation, to the extent that a 190) on September 30, 2016. Since the matters related to the Bureau’s functions Department of the Air Force was unable facility is available to accommodate the under the Dodd-Frank Act. public, unless the Bureau, in accordance to provide sufficient notification of the with paragraph (4) of this section, determines II. Agenda withdrawal action, the Advisory that the meeting shall be closed. The Bureau Committee Management Officer for the also will make reasonable efforts to make the The Consumer Advisory Board will Department of Defense waives the 15- meetings available to the public through live discuss student loan servicing issues calendar day notification requirement web streaming. (2) Notice of the time, place and trends and themes in debt pursuant to 41 CFR 102–3.150(b). and purpose of each meeting, as well as a collection. DATES: This withdrawal is effective summary of the proposed agenda, shall be published in the Federal Register not more Persons who need a reasonable October 5, 2016. than 45 or less than 15 days prior to the accommodation to participate should SUPPLEMENTARY INFORMATION: The scheduled meeting date. Shorter notice may contact CFPB_504Request@cfpb.gov, Department of the Air Force is be given when the Bureau determines that 202–435–9EEO, 1–855–233–0362, or withdrawing the meeting notice of the the Board’s business so requires; in such 202–435–9742 (TTY) at least ten Air University Board of Visitors’ Air event, the public will be given notice at the business days prior to the meeting or Force Institute of Technology that earliest practicable time. (3) Minutes of event to request assistance. The request meetings, records, reports, studies, and published Friday, 30 September, 2016 must identify the date, time, location, since the Department of the Air Force agenda of the Board shall be posted on the Bureau’s website and title of the meeting or event, the was unable to provide sufficient (www.consumerfinance.gov). (4) The Bureau nature of the assistance requested, and notification of the withdrawal action may close to the public a portion of any contact information for the requester. that the meeting is not required to be meeting, for confidential discussion. If the CFPB will strive to provide, but cannot announced under FACA provisions. Bureau closes a meeting or any portion of a guarantee that accommodation will be meeting, the Bureau will issue, at least provided for late requests. Henry Williams, annually, a summary of the Board’s activities Acting Air Force Federal Register Liaison during such closed meetings or portions of Individuals who wish to attend the Officer. meetings. Consumer Advisory Board meeting must [FR Doc. 2016–24532 Filed 10–11–16; 8:45 am] RSVP to cfpb_cabandcouncilsevents@ Section 1014(a) of the Dodd-Frank cfpb.gov by noon, October 26, 2016. BILLING CODE 5001–10–P Wall Street Reform and Consumer Members of the public must RSVP by Protection Act (http:// the due date and must include ‘‘CAB’’ files.consumerfinance.gov/f/201501_ DEPARTMENT OF DEFENSE in the subject line of the RSVP. cfpb_charter-of-the-consumer-advisory- board.pdf ) (Dodd-Frank Act) provides: III. Availability Department of the Army The Director shall establish a Consumer The Board’s agenda will be made Army Education Advisory Advisory Board to advise and consult with available to the public on October 12, Subcommittee Meeting Notice the Bureau in the exercise of its functions 2016, via www.consumerfinance.gov. mstockstill on DSK3G9T082PROD with NOTICES under the Federal consumer financial laws, AGENCY: Department of the Army, DoD. and to provide information on emerging Individuals should express in their RSVP if they require a paper copy of the ACTION:Notice of open subcommittee practices in the consumer financial products meeting. or services industry, including regional agenda. trends, concerns, and other relevant A recording and transcript of this SUMMARY: The Department of the Army information. meeting will be available after the is publishing this notice to announce (a) The purpose of the Board is meeting on the CFPB’s website the following Federal advisory outlined in section 1014(a) of the Dodd- www.consumerfinance.gov. committee meeting of the Department of VerDate Sep<11>2014 20:13 Oct 11, 2016 Jkt 241001 PO 00000 Frm 00013 Fmt 4703 Sfmt 4703 E:\FR\FM\12OCN1.SGM 12OCN1


Document Created: 2016-10-12 00:55:47
Document Modified: 2016-10-12 00:55:47
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of public meeting.
DatesThe meeting date is Thursday, October 27, 2016, 10:30 a.m. to 4:00 p.m. eastern standard time.
ContactCrystal 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 Citation81 FR 70397 
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