83_FR_12561 83 FR 12505 - Request for Information Regarding Bureau Rules of Practice for Adjudication Proceedings

83 FR 12505 - Request for Information Regarding Bureau Rules of Practice for Adjudication Proceedings

BUREAU OF CONSUMER FINANCIAL PROTECTION

Federal Register Volume 83, Issue 56 (March 22, 2018)

Page Range12505-12506
FR Document2018-05780

On February 5, 2018, the Bureau of Consumer Financial Protection (Bureau) published a Request for Information Regarding Bureau Rules of Practice for Adjudication Proceedings (RFI), which provided that comments must be received on or before April 6, 2018. On February 22, 2018, the Bureau received a letter from two industry trade associations requesting a 30-day comment period extension for this RFI and for two other Bureau Requests for Information. The additional time is requested in order to allow commenters to develop meaningful responses to the RFI and the other identified Requests for Information. The Bureau believes the extension will allow all stakeholders the opportunity to provide more robust responses. In response to this request, the Bureau has determined that a 30 day extension of the comment period is appropriate.

Federal Register, Volume 83 Issue 56 (Thursday, March 22, 2018)
[Federal Register Volume 83, Number 56 (Thursday, March 22, 2018)]
[Proposed Rules]
[Pages 12505-12506]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-05780]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

12 CFR Part 1081

[Docket No. CFPB-2018-0002]


Request for Information Regarding Bureau Rules of Practice for 
Adjudication Proceedings

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Request for information; extension of comment period.

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SUMMARY: On February 5, 2018, the Bureau of Consumer Financial 
Protection (Bureau) published a Request for Information Regarding 
Bureau Rules of Practice for Adjudication Proceedings (RFI), which 
provided that comments must be received on or before April 6, 2018. On 
February 22, 2018, the Bureau received a letter from two industry trade 
associations requesting a 30-day comment period extension for this RFI 
and for two other Bureau Requests for Information. The additional time 
is requested in order to allow commenters to develop meaningful 
responses to the RFI and the other identified Requests for Information. 
The Bureau believes the extension will allow all stakeholders the 
opportunity to provide more robust responses. In response to this 
request, the Bureau has determined that a 30 day extension of the 
comment period is appropriate.

DATES: The comment period for the Request for Information Regarding 
Bureau Rules of Practice for Adjudication Proceedings, published 
February 5, 2018, at 83 FR 5055 has been extended. Comments must now be 
received on or before May 7, 2018.

ADDRESSES: You may submit responsive information and other comments, 
identified by Docket No. CFPB-2018-0002, by any of the following 
methods:
     Electronic: Go to http://www.regulations.gov. Follow the 
instructions for submitting comments.
     Email: [email protected]. Include Docket 
No. CFPB-2018-0002 in the subject line of the message.
     Mail: Comment Intake, Consumer Financial Protection 
Bureau, 1700 G Street NW, Washington, DC 20552.
     Hand Delivery/Courier: Comment Intake, Consumer Financial 
Protection Bureau, 1700 G Street NW, Washington, DC 20552.
    Instructions: The Bureau encourages the early submission of 
comments. All submissions must include the document title and docket 
number. Please note the number of the topic on which you are commenting 
at the top of each response (you do not need to address all topics). 
Because paper mail in the Washington, DC area and at the Bureau is 
subject to delay, commenters are encouraged to submit comments 
electronically. In general, all comments received will be posted 
without change to http://www.regulations.gov. In addition, comments 
will be available for public inspection and copying at 1700 G Street 
NW, Washington, DC 20552, on official business days between the hours 
of 10 a.m. and 5 p.m. eastern time. You can make an appointment to 
inspect the documents by telephoning 202-435-7275.
    All submissions in response to this request for information, 
including attachments and other supporting materials, will become part 
of the public record and subject to public disclosure. Proprietary 
information or sensitive personal information, such as account numbers 
or Social Security numbers, or names of other individuals, should not 
be included. Submissions will not be edited to remove any identifying 
or contact information.

FOR FURTHER INFORMATION CONTACT: Mark Samburg, Counsel, at 202-435-
9710. If you require this document in an alternative electronic format, 
please contact [email protected].

SUPPLEMENTARY INFORMATION: The Consumer Financial Protection Act of

[[Page 12506]]

2010 (Act) required the Bureau to prescribe rules establishing such 
procedures as may be necessary to carry out hearings and adjudications 
conducted pursuant to 12 U.S.C. 5563. 12 U.S.C. 5563(e). On July 28, 
2011, the Bureau published an interim final rule seeking comment and 
prescribing rules establishing such hearings and procedures, with the 
exception of rules relating to the issuance of a temporary cease-and-
desist order (TCDO) pursuant to section 1053(c) of the Act. 76 FR 45338 
(July 28, 2011). The Bureau responded to comments received and 
published a final rule on June 29, 2012. 77 FR 39058 (June 29, 2012). 
This rule was codified at 12 CFR part 1081, subparts A-D. The Bureau 
published an interim final rule seeking comment and prescribing rules 
on TCDOs on September 26, 2013. 78 FR 59163 (Sept. 26, 2013). The 
Bureau received a single comment on this rule. Following consideration 
of the comment, the Bureau adopted the interim final rule without 
change on June 18, 2014. 79 FR 34622 (June 18, 2014). This rule was 
codified at 12 CFR part 1081, subpart E. Collectively, the rules 
codified at 12 CFR part 1081 are titled ``Rules of Practice for 
Adjudication Proceedings'' (Rules). The Bureau issued a Request for 
Information (RFI) related to the Rules on February 5, 2018, 83 FR 5055, 
and now extends the period for comments responding to that RFI.

    Authority:  12 U.S.C. 5511(c).

    Dated: March 16, 2018.
Mick Mulvaney,
Acting Director, Bureau of Consumer Financial Protection.
[FR Doc. 2018-05780 Filed 3-21-18; 8:45 am]
 BILLING CODE 4810-AM-P



                                                                        Federal Register / Vol. 83, No. 56 / Thursday, March 22, 2018 / Proposed Rules                                          12505

                                                 72 be revised to require: a 1,000 year                  have not provided information to                      extension of the comment period is
                                                 design life goal for spent nuclear storage              support this charge. The NRC                          appropriate.
                                                 systems; estimates for the operating                    considered the request for review to                  DATES: The comment period for the
                                                 costs over the design life; determination               determine whether the claim qualifies                 Request for Information Regarding
                                                 of the safety margins over the design                   for enforcement-related action. The                   Bureau Rules of Practice for
                                                 life; and time limited aging analyses                   petitioners’ claim does not constitute a              Adjudication Proceedings, published
                                                 demonstrating that structures, systems,                 valid request for action under § 2.206.               February 5, 2018, at 83 FR 5055 has
                                                 and components important to safety will                 The petitioners do not specify the action             been extended. Comments must now be
                                                 continue to perform for the design life.                requested but leave it up to the NRC to               received on or before May 7, 2018.
                                                 The petition may be found in ADAMS                      determine (based on the limited                       ADDRESSES: You may submit responsive
                                                 at Accession No. ML18022B207.                           information provided on page 10 of the                information and other comments,
                                                 IV. Discussion of the Petition                          petition) whether enforcement is                      identified by Docket No. CFPB–2018–
                                                                                                         warranted of a licensee’s ISFSI or                    0002, by any of the following methods:
                                                    The petitioners request that the NRC                 monitored retrievable storage
                                                 amend its regulations in 10 CFR part 72                                                                          • Electronic: Go to http://
                                                                                                         installation. Although the petitioners                www.regulations.gov. Follow the
                                                 ‘‘regarding spent nuclear fuel.’’ The                   allege that a licensee has violated the
                                                 petitioners believe that ‘‘the actual                                                                         instructions for submitting comments.
                                                                                                         requirement, the petition does not                       • Email: FederalRegisterComments@
                                                 situation has now changed, while the                    provide the facts that constitute the
                                                 NRC regulations have not changed                                                                              cfpb.gov. Include Docket No. CFPB–
                                                                                                         basis for taking enforcement action.                  2018–0002 in the subject line of the
                                                 sufficiently to respect the current                     Therefore, the petitioners’ claim does
                                                 reality’’ of ongoing storage at nuclear                                                                       message.
                                                 plants and that the NRC should use a
                                                                                                         not meet the requirements for § 2.206                    • Mail: Comment Intake, Consumer
                                                                                                         enforcement action.                                   Financial Protection Bureau, 1700 G
                                                 ‘‘Hardened, Extended-life, Local,
                                                 Monitored Surface Storage’’ (HELMS)                       Dated at Rockville, Maryland, this 16th day         Street NW, Washington, DC 20552.
                                                                                                         of March, 2018.                                          • Hand Delivery/Courier: Comment
                                                 type of approach as further described in
                                                                                                           For the Nuclear Regulatory Commission.              Intake, Consumer Financial Protection
                                                 a white paper submitted with the
                                                                                                         Annette L. Vietti-Cook,                               Bureau, 1700 G Street NW, Washington,
                                                 petition (ADAMS Accession No.
                                                 ML18022B213).                                           Secretary of the Commission.                          DC 20552.
                                                    The petitioners contend that there is                                                                         Instructions: The Bureau encourages
                                                                                                         [FR Doc. 2018–05776 Filed 3–21–18; 8:45 am]
                                                 a timeframe difference between that of                                                                        the early submission of comments. All
                                                                                                         BILLING CODE 7590–01–P
                                                 the useful life of an operating                                                                               submissions must include the document
                                                 commercial nuclear plant and the                                                                              title and docket number. Please note the
                                                 storage of SNF at those nuclear plants                                                                        number of the topic on which you are
                                                 indefinitely. The petitioners further                   BUREAU OF CONSUMER FINANCIAL                          commenting at the top of each response
                                                 contend that the ‘‘license term and                     PROTECTION                                            (you do not need to address all topics).
                                                 renewal periods for the facility                                                                              Because paper mail in the Washington,
                                                                                                         12 CFR Part 1081                                      DC area and at the Bureau is subject to
                                                 operating license and CoC are defined to
                                                 be (up to) 40 years, and the design life                                                                      delay, commenters are encouraged to
                                                                                                         [Docket No. CFPB–2018–0002]                           submit comments electronically. In
                                                 is only implied as perhaps several
                                                 multiples of the licensing period.’’ The                                                                      general, all comments received will be
                                                                                                         Request for Information Regarding                     posted without change to http://
                                                 petitioners’ position is ‘‘that the design              Bureau Rules of Practice for
                                                 life should be explicitly defined as the                                                                      www.regulations.gov. In addition,
                                                                                                         Adjudication Proceedings                              comments will be available for public
                                                 initial 1,000 years.’’
                                                    The HELMS approach would require                     AGENCY:  Bureau of Consumer Financial                 inspection and copying at 1700 G Street
                                                 that SNF containers be designed for a                   Protection.                                           NW, Washington, DC 20552, on official
                                                 1,000-year life goal ‘‘while still allowing             ACTION: Request for information;
                                                                                                                                                               business days between the hours of 10
                                                 a 40-year license term.’’ The petitioners               extension of comment period.                          a.m. and 5 p.m. eastern time. You can
                                                 provided a specific proposal for the                                                                          make an appointment to inspect the
                                                 HELMS approach to assist their                          SUMMARY:   On February 5, 2018, the                   documents by telephoning 202–435–
                                                 description; however, the petitioners                   Bureau of Consumer Financial                          7275.
                                                 emphasized ‘‘that the HELMS proposal                    Protection (Bureau) published a Request                  All submissions in response to this
                                                 does not rely on the adoption of this                   for Information Regarding Bureau Rules                request for information, including
                                                 specific proposal as long as the                        of Practice for Adjudication Proceedings              attachments and other supporting
                                                 extended-life criterion is satisfied.’’ The             (RFI), which provided that comments                   materials, will become part of the public
                                                 petitioners stated that the 1,000-year                  must be received on or before April 6,                record and subject to public disclosure.
                                                 design life goal ‘‘is likely NOT feasible               2018. On February 22, 2018, the Bureau                Proprietary information or sensitive
                                                 without some monitoring and replacing                   received a letter from two industry trade             personal information, such as account
                                                 part of the system on regular intervals.’’              associations requesting a 30-day                      numbers or Social Security numbers, or
                                                                                                         comment period extension for this RFI                 names of other individuals, should not
                                                 V. Request Under § 2.206 Seeking                        and for two other Bureau Requests for                 be included. Submissions will not be
                                                 Enforcement Action                                      Information. The additional time is                   edited to remove any identifying or
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                                                   The petitioners also request                          requested in order to allow commenters                contact information.
                                                 enforcement action under § 2.206 of the                 to develop meaningful responses to the                FOR FURTHER INFORMATION CONTACT:
                                                 NRC’s regulations. The petitioners assert               RFI and the other identified Requests for             Mark Samburg, Counsel, at 202–435–
                                                 a violation of § 72.106, regarding the                  Information. The Bureau believes the                  9710. If you require this document in an
                                                 controlled area of an ISFSI or monitored                extension will allow all stakeholders the             alternative electronic format, please
                                                 retrievable storage installation, and ask               opportunity to provide more robust                    contact CFPB_Accessibility@cfpb.gov.
                                                 for enforcement-related action, as                      responses. In response to this request,               SUPPLEMENTARY INFORMATION: The
                                                 appropriate; however, the petitioners                   the Bureau has determined that a 30 day               Consumer Financial Protection Act of


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                                                 12506                  Federal Register / Vol. 83, No. 56 / Thursday, March 22, 2018 / Proposed Rules

                                                 2010 (Act) required the Bureau to                       its impact. Finally, SBA also seeks input             1116 of the Jobs Act added a new
                                                 prescribe rules establishing such                       from interested parties on a potential                Section 3(a)(5) to the Small Business
                                                 procedures as may be necessary to carry                 proposal to apply the permanent                       Act that directed SBA to establish an
                                                 out hearings and adjudications                          alternative size standard as an                       alternative size standard using
                                                 conducted pursuant to 12 U.S.C. 5563.                   alternative to using industry based size              maximum tangible net worth and
                                                 12 U.S.C. 5563(e). On July 28, 2011, the                standards for small business applicants               average net income for applicants of the
                                                 Bureau published an interim final rule                  under its Economic Injury Disaster Loan               SBA’s Business Loan Programs. The
                                                 seeking comment and prescribing rules                   (‘‘EIDL’’) Program.                                   Jobs Act also established for applicants
                                                 establishing such hearings and                          DATES: SBA must receive comments to                   for the SBA’s Business Loan Programs a
                                                 procedures, with the exception of rules                 this ANPRM on or before May 21, 2018.                 temporary alternative size standard of
                                                 relating to the issuance of a temporary                 ADDRESSES: You may submit comments,                   not more than $15 million in tangible
                                                 cease-and-desist order (TCDO) pursuant                  identified by RIN 3245–AG16 by one of                 net worth and of not more than $5
                                                 to section 1053(c) of the Act. 76 FR                    the following methods: (1) Federal                    million in the average net income after
                                                 45338 (July 28, 2011). The Bureau                       eRulemaking Portal:                                   Federal income taxes (excluding any
                                                 responded to comments received and                      www.regulations.gov, following the                    carry-over losses) of the applicant for
                                                 published a final rule on June 29, 2012.                instructions for submitting comments;                 the 2 full fiscal years before the date of
                                                 77 FR 39058 (June 29, 2012). This rule                  or (2) Mail/Hand Delivery/Courier:                    the application (referred to as ‘‘Interim
                                                 was codified at 12 CFR part 1081,                       Khem R. Sharma, Ph.D., Chief, Office of               Rule’’), and it provided that this
                                                 subparts A–D. The Bureau published an                   Size Standards, 409 Third Street SW,                  temporary statutory alternative size
                                                 interim final rule seeking comment and                  Mail Code 6530, Washington, DC 20416.                 standard would remain in effect until
                                                 prescribing rules on TCDOs on                              SBA will post all comments to this                 such time as SBA established a new
                                                 September 26, 2013. 78 FR 59163 (Sept.                  ANPRM on www.regulations.gov. If you                  alternative size standard for the
                                                 26, 2013). The Bureau received a single                 wish to submit confidential business                  Business Loan Programs through
                                                 comment on this rule. Following                         information (CBI) as defined in the User              rulemaking. 15 U.S.C. 632(a)(5). Prior to
                                                 consideration of the comment, the                       Notice at www.regulations.gov, you                    that, SBA had a lower permanent
                                                 Bureau adopted the interim final rule                   must submit such information either by                regulatory alternative size standard that
                                                 without change on June 18, 2014. 79 FR                  mail to the U.S. Small Business                       applied to the 504 Loan Program, and
                                                 34622 (June 18, 2014). This rule was                    Administration, Khem R. Sharma, Ph.D.,                temporarily applied, for the period
                                                 codified at 12 CFR part 1081, subpart E.                Chief, Office of Size Standards, 409                  beginning on May 5, 2009 and ending
                                                 Collectively, the rules codified at 12                  Third Street SW, Mail Code 6530,                      on September 30, 2010, to the 7(a) Loan
                                                 CFR part 1081 are titled ‘‘Rules of                     Washington, DC 20416, or by email to                  Program. 13 CFR 120.301(b)(2).
                                                 Practice for Adjudication Proceedings’’                 sizestandards@sba.gov. Highlight the                     On September 29, 2010, SBA issued
                                                 (Rules). The Bureau issued a Request for                information that you consider to be CBI               Information Notice 5000–1175
                                                 Information (RFI) related to the Rules on               and explain why you believe SBA                       (available at https://www.sba.gov/sites/
                                                 February 5, 2018, 83 FR 5055, and now                   should hold this information as                       default/files/files/bank_5000-1175_
                                                 extends the period for comments                         confidential. SBA will review your                    0.pdf) providing that, effective
                                                 responding to that RFI.                                 information and determine whether it                  September 27, 2010, the new statutory
                                                                                                         will make the information public.                     temporary alternative size standard
                                                    Authority: 12 U.S.C. 5511(c).                                                                              applied to its Business Loan Programs,
                                                                                                         Requests to redact or remove posted
                                                   Dated: March 16, 2018.                                comments cannot be honored and the                    thereby replacing and superseding the
                                                 Mick Mulvaney,                                          request to redact/remove posted                       lower existing alternative size standard
                                                 Acting Director, Bureau of Consumer                     comments will be posted as a new                      of $8.5 million in tangible net worth and
                                                 Financial Protection.                                   comment.                                              $3 million in average net income, set
                                                 [FR Doc. 2018–05780 Filed 3–21–18; 8:45 am]                                                                   forth in 13 CFR 121.301(b)(2). The
                                                                                                         FOR FURTHER INFORMATION CONTACT:                      Information Notice further stated that
                                                 BILLING CODE 4810–AM–P
                                                                                                         Khem R. Sharma, Office of Size                        the new statutory alternative size
                                                                                                         Standards, by phone at (202) 205–7189                 standard would remain in effect until
                                                                                                         or by email at sizestandards@sba.gov.                 such time as SBA established a
                                                 SMALL BUSINESS ADMINISTRATION                           SUPPLEMENTARY INFORMATION: SBA                        permanent alternative size standard for
                                                 13 CFR Part 121                                         establishes small business size                       the Business Loan Programs through
                                                                                                         definitions, commonly known as ‘‘size                 rulemaking. The Information Notice also
                                                 RIN 3245–AG16                                           standards,’’ for private sector industries            stated that SBA’s disaster loan program,
                                                                                                         in the United States to determine                     surety bond guarantee program, small
                                                 Small Business Size Standards;                          eligibility for Federal small business                business investment company program,
                                                 Alternative Size Standard for 7(a), 504,                assistance programs, including the                    and small business development and
                                                 and Disaster Loan Programs                              SBA’s 7(a) and 504 Loan Programs                      contracting programs, as well as other
                                                 AGENCY: U.S. Small Business                             (‘‘Business Loan Programs’’). These size              federal programs utilizing SBA’s
                                                 Administration.                                         standards are established by 6-digit                  industry based size standards were not
                                                 ACTION: Advance notice of proposed                      North American Industry Classification                affected by the temporary statutory
                                                 rulemaking.                                             System (NAICS) industry, typically                    alternative size standard, and the
                                                                                                         based either on average annual receipts               current standards for those programs in
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                                                 SUMMARY:    SBA is seeking public input                 or on average number of employees.                    13 CFR part 121 remained in effect.
                                                 to assist in establishing a permanent                   SBA uses financial assets and refining                   Because of the difficulty of obtaining
                                                 alternative size standard for its 7(a) and              capacity to measure the size of a few                 relevant data, SBA has not yet
                                                 504 Loan Programs. SBA also invites                     specialized industries. See, 13 CFR part              established a new permanent tangible
                                                 suggestions on sources of relevant data                 121, Small Business Size Regulations.                 net worth and net income based
                                                 and information that SBA should                            On September 27, 2010, the Small                   alternative size standard for its Business
                                                 evaluate in developing a permanent                      Business Jobs Act of 2010 (‘‘Jobs Act’’)              Loan Programs, so the Agency continues
                                                 alternative size standard and assessing                 was enacted (Pub. L. 111–240). Section                to use the temporary statutory


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Document Created: 2018-03-22 01:25:05
Document Modified: 2018-03-22 01:25:05
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionProposed Rules
ActionRequest for information; extension of comment period.
DatesThe comment period for the Request for Information Regarding Bureau Rules of Practice for Adjudication Proceedings, published February 5, 2018, at 83 FR 5055 has been extended. Comments must now be received on or before May 7, 2018.
ContactMark Samburg, Counsel, at 202-435- 9710. If you require this document in an alternative electronic format, please contact [email protected]
FR Citation83 FR 12505 

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