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[Federal Register Volume 77, Number 106 (Friday, June 1, 2012)]
[Notices]
[Pages 32594-32595]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-13260]

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BUREAU OF CONSUMER FINANCIAL PROTECTION

Submission for OMB Review; Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY: The Bureau of Consumer Financial Protection (Bureau), as part 
of its continuing effort to reduce paperwork and respondent burden, 
invites the general public and other federal agencies to take this 
opportunity to comment on a proposed information collection, as 
required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 
U.S.C. 3507(a)(1)(D)). The Bureau is soliciting comments regarding the 
information collection requirements relating to the advisory boards, 
bodies, panels, committees or other similar groups that the Bureau may 
establish, including the Consumer Advisory Board required by Title X of 
the Dodd Frank Wall Street Reform and Consumer Protection Act. The 
proposed collection has been submitted to the Office of Management and 
Budget for review and approval. A copy of the submission, including 
copies of the proposed collection and supporting documentation, may be 
obtained by contacting the agency contact listed below.

DATES: Written comments are encouraged and must be received on or 
before July 2, 2012 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the collection title 
below, to:
    Agency: Consumer Financial Protection Bureau (Attention: PRA 
Office), 1700 G Street NW., Washington, DC 20552; CFPB_Public_PRA@cfpb.gov.
    OMB: Shagufta Ahmed, Office of Management and Budget, New Executive 
Office Building, Room 10235, Washington, DC 20503; (202) 395-7873.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to the Consumer Financial Protection Bureau 
(Attention: PRA Office), 1700 G Street NW., Washington, DC 20552, or 
via email at CFPB_Public_PRA@cfpb.gov.

SUPPLEMENTARY INFORMATION: Title: Applications for Advisory Boards, 
Groups, and Committees.
    OMB Number: 3170-XXXX.
    Abstract: The Dodd-Frank Wall Street Reform and Consumer Protection 
Act (Dodd-Frank Act), Public Law 111-203, Title X, Section 1014 (12 
U.S.C. 5494) requires the Director of the Bureau to establish a 
Consumer Advisory Board (CAB) 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. In addition to the CAB, the 
Bureau anticipates that it may establish additional advisory boards, 
bodies, panels, committees or other similar groups (collectively 
referred to as ``other Advisory Groups'') to advise and consult with 
the Bureau in the exercise of its functions. The CAB and other Advisory 
Groups may invite individuals with special expertise to advise the 
groups on an ad hoc basis (Special Advisors).
    The Bureau seeks to collect selection-related information from 
nominees to the CAB, such as background information, information 
related to financial disclosures, and other supplemental information 
relevant to the application process. The Bureau may collect similar 
information from potential candidates for other Advisory Groups, 
members of other Advisory Groups, and Special Advisors to CAB and other 
Advisory Groups, as relevant to the particular group.
    This information collection will allow the Bureau to obtain 
information on the qualifications of individuals nominated to the CAB 
and will aid the Bureau in its selection of members for other Advisory 
Groups. The information collection also will aid the Bureau in 
selecting Special Advisors to the CAB and other Advisory Groups.
    Once selected, Bureau staff may ask members of CAB and other 
Advisory Groups and Special Advisors, as part of their participation, 
to respond to questions asked to the CAB and other Advisory Groups or 
Special Advisors, or to provide information/advice based upon their 
expertise on issues before the CAB and other Advisory Groups related to 
the Bureau's exercise of its functions. Collection instruments for the 
CAB may include nomination forms with questions about assets and 
income,

[[Page 32595]]

affiliations and representations, financial interests and liabilities, 
and relevant professional experience. Collection instruments for other 
Advisory Groups or for Special Advisors may include questionnaires 
about professional experience relevant to the particular group or may 
include certifications regarding financial interests relevant to a 
particular group or a particular meeting. Additionally, nominees, 
members, former members, and Special Advisors may be asked to provide 
information/feedback on their experiences as related to the selection 
process or participation in the group. Collection instruments likely 
will include feedback forms and other similar questionnaires about the 
participant's experience on or with the CAB or other Advisory Groups, 
including their experience with the Bureau's information collections.
    Type of Review: New generic collection.
    Affected Public: Individuals, and for certain groups individual 
business representatives.
    Estimated Number of Responses: 277.
    Estimated Time per Respondent: 25.
    Estimated Total Annual Burden Hours: 6,925.

    Approved: May 23, 2012.
Chris Willey,
Chief Information Officer, Bureau of Consumer Financial Protection.
[FR Doc. 2012-13260 Filed 5-31-12; 8:45 am]
BILLING CODE 4810-AM-P
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