31222 Federal Register / Vol. 76, No. 104 / Tuesday, May 31, 2011 / Rules and Regulations 

1The Act is Title X of the Dodd-Frank Wall Street 

Reform and Consumer Protection Act, Public Law 

111–203. 

2The Secretary of the Treasury designated this 

date pursuant to section 1062 of the Act. See 75 FR 

57252–02, Sept. 20, 2010. 

3Section 1061(a)(2) of the Act defines the terms 

‘‘transferor agency’’ and ‘‘transferor agencies’’ to 

mean, respectively, ‘‘(A) the Board of Governors 

(and any Federal Reserve Bank, as context requires), 

the Federal Deposit Insurance Corporation, the 

Federal Trade Commission, the National Credit 

Union Administration, the Office of the Comptroller 

of the Currency, the Office of Thrift Supervision, 

and the Department of Housing and Urban 

Development, and the heads of those agencies, and 

(B) the agencies listed in subparagraph (A) 

collectively.’’ 

4 ‘‘Enumerated consumer laws’’ is defined in 

section 1002(12) of the Act and section 1400(b) of 

the Mortgage Reform and Anti-Predatory Lending 

Act, Tit. XIV, Public Law 111–203. 

5These rules are listed as items 1 and 5 through 

11 in section F (‘‘Federal Trade Commission’’) of 

the list below. 

6Section 1066 of the Act grants the Secretary of 

the Treasury interim authority to perform certain 

functions of the CFPB. Pursuant to that authority, 

Treasury publishes this notice on behalf of the 

CFPB. 

7Because publication of the list under section 

1063(i) is not subject to the APA’s notice-andcomment requirements, an initial regulatory 

flexibility analysis is not required under the 

Regulatory Flexibility Act (5 U.S.C. 601 et seq.). 

8Unless otherwise noted, all references to a Part 

include accompanying appendices and 

supplements. 

circumstances. On February 15 of year three, 

§ 226.55(b)(6) permits the card issuer to begin 

accruing interest on any remaining portion of 

the $5,000 and $1,000 balances at the 

variable rate determined using the 10-point 

margin and to resume imposing the $10 

monthly maintenance fee and other fees 

(including late payment fees). 

By order of the Board of Governors of the 

Federal Reserve System, acting through the 

Secretary under delegated authority, May 19, 

2011. 

Jennifer J. Johnson, 

Secretary of the Board. 

[FR Doc. 2011–12795 Filed 5–27–11; 8:45 am] 

BILLING CODE 6210–01–P 

BUREAU OF CONSUMER FINANCIAL 

PROTECTION 

12 CFR Chapter X 

[Docket No.: CFPB–HQ–2011–1] 

Identification of Enforceable Rules and 

Orders 

AGENCY: Bureau of Consumer Financial 

Protection. 

ACTION: Notice for Public Comment. 

SUMMARY: Section 1063(i) of the 

Consumer Financial Protection Act of 

2010 (‘‘Act’’) 1 requires the Bureau of 

Consumer Financial Protection (‘‘CFPB’’ 

or ‘‘Bureau’’) to publish in the Federal 

Register a list of the rules and orders 

that will be enforced by the CFPB. This 

notice sets forth a list for public 

comment. A final list will be published 

not later than the designated transfer 

date, July 21, 2011. 

DATES: Comments are invited and must 

be received on or before June 30, 2011. 

ADDRESSES: Interested parties are 

invited to submit written comments 

electronically or in paper form. 

Comments should refer to ‘‘Docket No. 

CFPB–HQ–2011–1.’’ Comments should 

be submitted to: 

• Electronic: http:// 

www.regulations.gov. 

• Mail or Hand Delivery/Courier in 

Lieu of Mail: Office of the General 

Counsel, CFPB, 1801 L Street, NW., 

Washington, DC 20036. 

All comments received will be posted 

to http://www.regulations.gov. In 

addition, comments will be available for 

public inspection and copying in 

Treasury’s Library, Room 1428, Main 

Treasury Building, 1500 Pennsylvania 

Avenue, NW., Washington, DC 20220, 

on official business days between the 

hours of 10 a.m. and 5 p.m. Eastern 

Time. An appointment to inspect 

comments can be made by telephoning 

(202) 622–0990. 

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: 

Rebecca G. Deutsch, Office of the 

General Counsel, CFPB, 1801 L Street, 

NW., Washington, DC 20036, 

rebecca.deutsch@treasury.gov. 

SUPPLEMENTARY INFORMATION: Under the 

Act, on the designated transfer date, July 

21, 2011,2 certain consumer financial 

protection authorities will transfer from 

seven transferor agencies 3 to the CFPB, 

and the CFPB will also assume certain 

new authorities. Subject to the 

limitations and other provisions of the 

Act, the CFPB will be authorized to 

enforce, inter alia, rules and orders 

issued by the transferor agencies under 

the enumerated consumer laws.4 The 

CFPB will also have authority to enforce 

in some circumstances the Federal 

Trade Commission’s Telemarketing 

Sales Rule and its rules under the 

Federal Trade Commission Act, 

although the Federal Trade Commission 

will retain full authority over these 

rules.5

Section 1063(i) of the Act provides 

that, not later than the designated 

transfer date, the CFPB ‘‘(1) shall, after 

consultation with the head of each 

transferor agency, identify the rules and 

orders that will be enforced by the 

Bureau; and (2) shall publish a list of 

such rules and orders in the Federal 

Register.’’ The CFPB has consulted with 

each transferor agency pursuant to 

section 1063(i) and has developed a list 

of rules for which it seeks public 

comment.6 After consultation, neither 

the transferor agencies nor the CFPB 

have identified any orders for inclusion 

in the list. After considering any public 

comments, the CFPB will publish a final 

list in the Federal Register not later 

than the designated transfer date. 

The CFPB’s enforcement authority is 

defined by the Act and other applicable 

law. As a result, the list required by 

section 1063(i) will not have a 

substantive effect on any rules or orders 

or the parties who may be subject to 

them; it will merely provide a 

convenient reference source. 

Accordingly, the inclusion or exclusion 

of any rule or order would not alter the 

CFPB’s authority. In addition, section 

1063(i) does not require the CFPB to 

update, correct, or otherwise maintain 

the final list. Because the list under 

section 1063(i) reflects the CFPB’s 

interpretation of its authority under the 

Act and relates to agency organization, 

procedure, or practice, the list is not 

subject to the notice-and-comment 

requirements of the Administrative 

Procedure Act (‘‘APA’’) (5 U.S.C. 551 et 

seq).7 Nevertheless, the Bureau invites 

public comment during a thirty-day 

period. 

Accordingly, pursuant to section 

1063(i), the CFPB invites public 

comment on the following list of rules 

that will be enforceable by the CFPB 

subject to the limitations and other 

provisions of the Act:8

A. Board of Governors of the Federal 

Reserve 

1. 12 CFR Part 202—Equal Credit 

Opportunity Act (Regulation B) 

2. 12 CFR Part 203—Home Mortgage 

Disclosure (Regulation C) 

3. 12 CFR Part 205—Electronic Fund 

Transfers (Regulation E) 

4. 12 CFR 208.101–105 & Appendix A 

to Subpart I—Registration of Residential 

Mortgage Loan Originators (Regulation 

H, Subpart I) 

5. 12 CFR Part 213—Consumer 

Leasing (Regulation M) 

6. 12 CFR Part 216—Privacy of 

Consumer Financial Information 

(Regulation P) 

7. 12 CFR Part 222—Fair Credit 

Reporting (Regulation V), except with 


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Federal Register / Vol. 76, No. 104 / Tuesday, May 31, 2011 / Rules and Regulations 31223 

respect to §§ 222.1(c) (effective dates), 

222.83 (Disposal of consumer 

information), 222.90 (Duties regarding 

the detection, prevention, and 

mitigation of identity theft), 222.91 

(Duties of card issuers regarding 

changes of address), & Appendix J 

(Interagency Guidelines on Identity 

Theft Detection, Prevention, and 

Mitigation) 

8. 12 CFR Part 226—Truth in Lending 

(Regulation Z) 

9. 12 CFR Part 230—Truth in Savings 

(Regulation DD) 

B. Federal Deposit Insurance 

Corporation 

1. 12 CFR Part 332—Privacy of 

Consumer Financial Information 

2. 12 CFR Part 334—Fair Credit 

Reporting, except with respect to 

§§ 334.83 (Disposal of consumer 

information), 334.90 (Duties regarding 

the detection, prevention, and 

mitigation of identity theft), 334.91 

(Duties of card issuers regarding 

changes of address), & Appendix J 

(Interagency Guidelines on Identity 

Theft Detection, Prevention, and 

Mitigation) 

3. 12 CFR 365.101–.105 & Appendix 

A to Subpart B—Registration of 

Residential Mortgage Loan Originators 

C. Office of the Comptroller of the 

Currency 

1. 12 CFR 34.20–.25—Adjustable-Rate 

Mortgages (but only as applied to nonfederally chartered housing creditors 

under the Alternative Mortgage 

Transaction Parity Act (‘‘AMTPA’’)) 

2. 12 CFR 34.101–.105 & Appendix A 

to Subpart F—Registration of 

Residential Mortgage Loan Originators 

3. 12 CFR Part 40—Privacy of 

Consumer Financial Information 

4. 12 CFR Part 41—Fair Credit 

Reporting, except with respect to 

§§ 41.83 (Disposal of consumer 

information), 41.90 (Duties regarding 

the detection, prevention, and 

mitigation of identity theft), 41.91 

(Duties of card issuers regarding 

changes of address), & Appendix J 

(Interagency Guidelines on Identity 

Theft Detection, Prevention, and 

Mitigation) 

D. Office of Thrift Supervision 

1. 12 CFR 560.35—Adjustments to 

home loans (but only as applied to nonfederally chartered housing creditors 

under AMTPA) 

2. 12 CFR 560.210–220—Alternative 

Mortgage Transactions (but only as it 

relates to AMTPA) 

3. 12 CFR 563.101–.105 & Appendix 

A to Subpart D—Registration of 

Residential Mortgage Loan Originators 

4. 12 CFR Part 571—Fair Credit 

Reporting, except with respect to 

§§ 571.83 (Disposal of consumer 

information), 571.90 (Duties regarding 

the detection, prevention, and 

mitigation of identity theft), 571.91 

(Duties of card issuers regarding change 

of address), & Appendix J (Interagency 

Guidelines on Identity Theft Detection, 

Prevention, and Mitigation) 

5. 12 CFR Part 573—Privacy of 

Consumer Financial Information 

E. National Credit Union 

Administration 

1. 12 CFR 701.21—Loans to members 

and lines of credit to members (but only 

as applied to non-federally chartered 

housing creditors under AMTPA) 

2. 12 CFR Part 707—Truth in Savings 

3. 12 CFR Part 716—Privacy of 

Consumer Financial Information 

4. 12 CFR Part 717—Fair Credit 

Reporting, except with respect to 

§§ 717.83 (Disposal of consumer 

information), 717.90 (Duties regarding 

the detection, prevention, and 

mitigation of identity theft), 717.91 

(Duties of card issuers regarding 

changes of address), & Appendix J 

(Interagency Guidelines on Identity 

Theft Detection, Prevention, and 

Mitigation) 

5. 12 CFR Part 741—Requirements for 

Insurance, but only with respect to 

§§ 741.217 (Truth in savings), 741.220 

(Privacy of consumer financial 

information), & 741.223 (Registration of 

residential mortgage loan originators) 

6. 12 CFR Part 761—Registration of 

Mortgage Loan Originators 

F. Federal Trade Commission 

1. 16 CFR Part 310—Telemarketing 

Sales Rule 

2. 16 CFR Part 313—Privacy of 

Consumer Financial Information 

3. 16 CFR Part 320—Disclosure 

Requirements for Depository 

Institutions Lacking Federal Depository 

Insurance 

4. 16 CFR Part 322—Mortgage 

Assistance Relief Services 

5. 16 CFR Part 425—Use of 

Prenotification Negative Option Plans 

6. 16 CFR Part 429—Rule Concerning 

Cooling-Off Period for Sales Made at 

Homes or at Certain Other Locations 

7. 16 CFR Part 433—Preservation of 

Consumers’ Claims and Defenses 

8. 16 CFR Part 444—Credit Practices 

9. 16 CFR Part 435—Mail or 

Telephone Order Merchandise 

10. 16 CFR Part 436—Disclosure 

Requirements and Prohibitions 

Concerning Franchising 

11. 16 CFR Part 437—Disclosure 

Requirements and Prohibitions 

Concerning Business Opportunities 

12. 16 CFR Subchapter F, Parts 603 et 

seq.—Fair Credit Reporting Act, except 

with respect to Part 681 (Identity Theft 

Rules), Part 682 (Disposal of Consumer 

Report Information and Records), & 

Appendix A to Part 681 (Interagency 

Guidelines on Identity Theft Detection, 

Prevention, and Mitigation) 

13. 16 CFR Part 901—Procedures for 

State Application for Exemption from 

the Provisions of the [Fair Debt 

Collection Practices] Act 

G. Department of Housing and Urban 

Development 

1. 24 CFR 26.28–.56—Hearing 

Procedures Pursuant to the 

Administrative Procedure Act 

2. 24 CFR Part 30—Civil Money 

Penalties: Certain Prohibited Conduct 

(but only as applied to the Real Estate 

Settlement Procedures Act of 1974 

(‘‘RESPA’’) and the Interstate Land Sales 

Full Disclosure Act (‘‘ILSA’’)) 

3. 24 CFR Part 1710—Land 

Registration 

4. 24 CFR Part 1715—Purchasers’ 

Revocation Rights, Sales Practices, and 

Standards 

5. 24 CFR Part 1720—Formal 

Procedures and Rules of Practice 

6. 24 CFR Part 3500—Real Estate 

Settlement Procedures Act 

7. 24 CFR Part 3800—Investigations in 

Consumer Regulatory Programs (but 

only as applied to RESPA and ILSA) 

Dated: May 23, 2011. 

Rebecca Ewing, 

Acting Executive Secretary, U.S. Department 

of the Treasury. 

[FR Doc. 2011–13256 Filed 5–27–11; 8:45 am] 

BILLING CODE 4810–25–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 25 

[Docket No. NM451; Special Conditions No. 

25–426–SC] 

Special Conditions: Bombardier Model 

BD–700–1A10 and BD–700–1A11 

Airplanes, Head-up Display (HUD) With 

Video Synthetic Vision System (SVS) 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final special conditions. 

SUMMARY: These special conditions are 

issued for Bombardier Model BD–700– 

1A10 and BD–700–1A11 airplanes. 

These airplanes, as modified by 

Bombardier Inc., will have a novel or 

unusual design feature associated with 

a SVS that displays video imagery on 


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