Agency Information Collection Activities: Submission for OMB Review; Comment Request, 77329-77330 [2015-31420]

Agencies

• BUREAU OF CONSUMER FINANCIAL PROTECTION

[Federal Register Volume 80, Number 239 (Monday, December 14, 2015)]
[Notices]
[Pages 77329-77330]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-31420]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No: CFPB-2015-0056]


Agency Information Collection Activities: Submission for OMB 
Review; Comment Request

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice and request for comment.

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SUMMARY: In accordance with the Paperwork Reduction Act of 1995 (PRA), 
the Consumer Financial Protection Bureau (Bureau) is requesting to 
renew the Office of Management and Budget (OMB) approval for an 
existing information collection titled, ``Generic Information 
Collection Plan for Development and/or Testing of Model Forms, 
Disclosures, Tools, and Other Similar Related Materials.''

DATES: Written comments are encouraged and must be received on or 
before January 13, 2016 to be assured of consideration.

ADDRESSES: You may submit comments, identified by the title of the 
information collection, OMB Control Number (see below), and docket 
number (see above), by any of the following methods:
     Electronic: https://www.regulations.gov. Follow the 
instructions for submitting comments.
     OMB: Office of Management and Budget, New Executive Office 
Building, Room 10235, Washington, DC 20503 or fax to (202) 395-5806. 
Mailed or faxed comments to OMB should be to the attention of the OMB 
Desk Officer for the Bureau of Consumer Financial Protection. Please 
note that comments submitted after the comment period will not be 
accepted. In general, all comments received will become public records, 
including any personal information provided. Sensitive personal 
information, such as account numbers or social security numbers, should 
not be included.

FOR FURTHER INFORMATION CONTACT: Documentation prepared in support of 
this information collection request is available at www.reginfo.gov 
(this link active on the day following publication of this notice). 
Select ``Information Collection Review,'' under ``Currently under 
review, use the dropdown menu ``Select Agency'' and select ``Consumer 
Financial Protection Bureau'' (recent submissions to OMB will be at the 
top of the list). The same documentation is also available at https://www.regulations.gov. Requests for additional information should be 
directed to the Consumer Financial Protection Bureau, (Attention: PRA

[[Page 77330]]

Office), 1700 G Street NW., Washington, DC 20552, (202) 435-9575, or 
email: PRA@cfpb.gov. Please do not submit comments to this email box.

SUPPLEMENTARY INFORMATION:
    Title of Collection: Generic Information Collection Plan for 
Development and/or Testing of Model Forms, Disclosures, Tools, and 
Other Similar Related Materials.
    OMB Control Number: 3170-0022.
    Type of Review: Extension without change of a currently approved 
collection.
    Affected Public: Individuals or households.
    Estimated Number of Respondents: 21,000.
    Estimated Total Annual Burden Hours: 8,925.
    Abstract: This generic information collection plan allows for 
qualitative testing of disclosures and related materials relating to 
the features of consumer financial products and services. The research 
results in recommendations for the development of and revisions to such 
disclosures and related materials. The research activities may be 
conducted by the Bureau or external parties such as, for example, 
contractors retained by the Bureau, and will employ cognitive 
psychological testing methods. This approach has been demonstrated to 
be feasible and valuable by the Bureau and other agencies in developing 
disclosures and related materials. The planned research activities will 
be conducted with the goal of creating effective disclosures and 
related materials that will help consumers understand the features of 
consumer financial products and services.
    Request for Comments: The Bureau issued a 60-day Federal Register 
notice on September 25, 2015, (80 FR 57793). Comments were solicited 
and continue to be invited on: (a) Whether the collection of 
information is necessary for the proper performance of the functions of 
the Bureau, including whether the information will have practical 
utility; (b) The accuracy of the Bureau's estimate of the burden of the 
collection of information, including the validity of the methods and 
the assumptions used; (c) Ways to enhance the quality, utility, and 
clarity of the information to be collected; and (d) Ways to minimize 
the burden of the collection of information on respondents, including 
through the use of automated collection techniques or other forms of 
information technology. Comments submitted in response to this notice 
will be summarized and/or included in the request for Office of 
Management and Budget (OMB) approval. All comments will become a matter 
of public record.

    Dated: December 9, 2015.
Darrin A. King,
Paperwork Reduction Act Officer, Bureau of Consumer Financial 
Protection.
[FR Doc. 2015-31420 Filed 12-11-15; 8:45 am]
BILLING CODE 4810-AM-P