Federal Register / Vol. 77, No. 149 / Thursday, August 2, 2012 / Notices 46069 

1See Financial Education Core Competencies; 

Comment Request, Dept. of Treasury, Federal 

Register, Vol. 75, No. 165, pp. 52596–52597 

(Thursday, August 26, 2010) (avail. at: http:// 

www.gpo.gov/fdsys/pkg/FR–2010–08–26/pdf/2010– 

21305.pdf). 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

[Docket No. CFPB–2012–0030] 

Request for Information on Effective 

Financial Education 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice and request for 

information. 

SUMMARY: The Dodd-Frank Wall Street 

Reform and Consumer Protection Act of 

2010 (‘‘Dodd-Frank’’) established the 

Office of Financial Education (‘‘OFE’’) 

within the Bureau of Consumer 

Financial Protection (‘‘CFPB’’) to 

develop and launch initiatives that will 

educate consumers and help them make 

better informed financial decisions. The 

CFPB’s OFE seeks public comment on 

effective financial education 

approaches—including tools, topics and 

dissemination strategies—that will help 

improve consumers’ financial decisionmaking capabilities. 

DATES: Comments must be received on 

or before October 31, 2012. 

ADDRESSES: You may submit comments, 

identified by Docket No. CFPB–2012– 

0030, by any of the following methods: 

• Electronic: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

• Mail/Hand Delivery/Courier: 

Monica Jackson, Office of the Executive 

Secretary, Consumer Financial 

Protection Bureau, 1700 G Street NW., 

Washington, DC 20552. 

Instructions: The CFPB encourages 

the early submission of comments. All 

submissions must include the agency 

name, document title and docket 

number. Please note the number of the 

question you are answering at the top of 

each response (you do not need to 

answer all questions). 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 comments, including 

attachments and other supporting 

materials, will become part of the public 

record and subject to public disclosure. 

Sensitive personal information such as 

account numbers or Social Security 

numbers should not be included. 

Comments will not be edited to remove 

any identifying or contact information. 

FOR FURTHER INFORMATION CONTACT: For 

general inquiries and submission 

process questions, please contact 

Monica Jackson, Assistant Executive 

Secretary, Office of the Executive 

Secretary, at (202) 435–7275. For 

financial education questions, please 

contact Dubis Correal, Strategic 

Partnerships and Outreach Coordinator, 

Office of Financial Education, at (202) 

435–7937. 

SUPPLEMENTARY INFORMATION: The 

CFPB’s OFE seeks public comment on 

effective financial education approaches 

that create opportunities for consumers 

to improve their financial decision 

making capabilities. OFE is interested in 

promoting innovation to assist 

consumers in solving common, discrete 

financial decision-making problems 

where behavioral approaches could be 

valuable. Some of these common 

financial decisions could be facilitated 

by a number of approaches that 

specifically address the behavioral 

impediments to progress. The questions 

listed below reflect one or more of the 

areas mentioned above. Please feel free 

to respond to any or all of the questions 

below and please be sure to indicate in 

your comments on which questions you 

are commenting. Comments could 

include, where appropriate, specific 

examples or related research and/or 

program evaluation that illustrate your 

comments. 

1. In your experience, what are 

consumers’ most common financial 

decision-making challenges? 

2. Is there a common set (or lack) of 

habits, attitudes, or practices, and if so, 

what are they? 

3. What are the major challenges in 

providing financial education that 

would help adult consumers address the 

issues identified in questions 1 and 2, 

and that would lead to good financial 

outcomes for recipients? 

4. Given the five core areas 1 (earning, 

spending, saving and investing, 

borrowing, and protecting) identified by 

the Financial Literacy and Education 

Commission in 2010, what skills are 

most helpful for building capability in 

the areas of spending, savings and 

borrowing? What information on these 

and other topics should the CFPB 

further develop and disseminate? 

5. How might CFPB effectively 

disseminate financial literacy and 

education resources that will help 

consumers build the necessary skills to 

achieve good financial outcomes? 

6. What financial education tools, 

topics, or practices designed to help 

consumers improve their own financial 

decision-making lead to measurable 

outcomes? 

7. What research in behavioral 

economics or other academic fields— 

published or still in process—provides 

insight into financial education 

approaches that can help consumers 

achieve their own financial goals? 

Dated: July 27, 2012. 

Garry Reeder, 

Chief of Staff, Bureau of Consumer Financial 

Protection. 

[FR Doc. 2012–18830 Filed 8–1–12; 8:45 am] 

BILLING CODE 4810–AM–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

Proposed Guidelines for Ensuring and 

Maximizing the Quality, Objectivity, 

Utility, and Integrity of Information 

Disseminated by the Bureau of 

Consumer Financial Protection 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice of availability; request 

for comment. 

SUMMARY: This document announces the 

availability of the Bureau of Consumer 

Financial Protection (Bureau or CFPB’s) 

guidelines to ensure and maximize the 

quality, objectivity, utility, and integrity 

of information disseminated by the 

Bureau. These guidelines also detail the 

administrative mechanisms developed 

by the Bureau to allow affected persons 

to seek and obtain appropriate 

correction of information maintained 

and disseminated by the Bureau that 

does not comply with the Office of 

Management and Budget (OMB) or the 

Bureau guidelines. This notice also 

provides an opportunity for public 

comment on the Bureau’s guidelines. 

DATES: To be considered, comments 

must be received by September 4, 2012. 

ADDRESSES: You may submit comments, 

identified by the title of this notice, by 

any of the following methods: 

• Electronic: 

CFPB_IQ_Submissions@cfpb.gov. 

• Mail/Hand Delivery/Courier: 

Monica Jackson, Consumer Financial 

Protection Bureau, 1700 G Street NW., 

Washington, DC 20552. 

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 comments, including 

attachments and other supporting 

materials, will become part of the public 

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