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)

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, 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