Financial Research Advisory Committee, 13204-13205 [2017-04532]

Agencies

• DEPARTMENT OF THE TREASURY

[Federal Register Volume 82, Number 45 (Thursday, March 9, 2017)]
[Notices]
[Pages 13204-13205]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-04532]


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DEPARTMENT OF THE TREASURY


Financial Research Advisory Committee

AGENCY: Office of Financial Research, Treasury.

ACTION: Financial Research Advisory Committee--Solicitation of 
applications for Committee membership.

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SUMMARY: The Office of Financial Research is soliciting applications 
for membership on its Financial Research Advisory Committee.

FOR FURTHER INFORMATION CONTACT: Susan Stiehm, Designated Federal 
Officer, Office of Financial Research, Department of the Treasury, 
(212) 376-9808.

SUPPLEMENTARY INFORMATION: Pursuant to the Federal Advisory Committee 
Act, (Pub. L. 92-463, 5 U.S.C. App. 2 Sec.  1-16, as amended), the 
Treasury Department established a Financial Research Advisory Committee 
(Committee) to provide advice and recommendations to the Office of 
Financial Research (OFR) and to assist the OFR in carrying out its 
duties and authorities.

(I) Authorities of the OFR

Background

    The OFR was established under Title I of the Dodd-Frank Wall Street 
Reform and Consumer Protection Act (Pub. L. 111-203, July 21, 2010). 
The purpose of the OFR is to support the Financial Stability Oversight 
Council (Council) in fulfilling the purposes and duties of the Council 
and to support the Council's member agencies by:

--Collecting data on behalf of the Council, and providing such data to 
the Council and member agencies;
--Standardizing the types and formats of data reported and collected;
--Performing applied research and essential long-term research;
--Developing tools for risk measurement and monitoring;
--Performing other related services;
--Making the results of the activities of the OFR available to 
financial regulatory agencies; and
--Assisting such member agencies in determining the types and formats 
of data authorized by the Dodd-Frank Act to be collected by such member 
agencies.

(II) Scope and Membership of the Financial Research Advisory Committee

    The Financial Research Advisory Committee was established to advise 
the OFR on issues related to the responsibilities of the office. It may 
provide its advice, recommendations, analysis, and information directly 
to the OFR and the OFR may share the Committee's advice and 
recommendations with the Secretary of the Treasury or other Treasury 
officials. The OFR will share information with the Committee as the 
Director determines will be helpful in allowing the Committee to carry 
out its role.
    The Financial Research Advisory Committee is an advisory committee 
that was established on April 6, 2012 and renewed its charter on March 
8, 2016. The OFR is currently soliciting applications for membership in 
order to provide for rotation of membership, as provided in its 
original and renewed charter, as well as to provide for a diverse and 
balanced body with a variety of interests, backgrounds, and viewpoints 
represented. Providing for such diversity enhances the views and advice 
offered by the Committee.

[[Page 13205]]

(III) Application for Advisory Committee Appointment

    Treasury seeks applications from individuals representative of a 
constituency within the fields of economics, financial institutions and 
markets, statistical analysis, financial markets analysis, 
econometrics, applied sciences, risk management, data management, 
information standards, technology, or other areas related to OFR's 
duties and authorities. The terms of members chosen to serve may vary. 
Membership on the Committee is limited to the individuals appointed and 
is non-transferrable. Regular attendance is essential to the effective 
operation of the Committee. Some members of the Committee may be 
required to adhere to the conflict of interest rules applicable to 
Special Government Employees, as such employees are defined in 18 
U.S.C. 202(a). These rules include relevant provisions in 18 U.S.C. 
related to criminal activity, Standards of Ethical Conduct for 
Employees of the Executive Branch (5 CFR part 2635), and Executive 
Order 12674 (as modified by Executive Order 12731).
    To apply, an applicant must submit an appropriately-detailed resume 
and a cover letter describing their interest, reasons for application, 
and qualifications. In accordance with Department of Treasury Directive 
21-03, a clearance process includes fingerprints, tax checks, and a 
Federal Bureau of Investigation criminal check. Applicants must state 
in their application that they agree to submit to these pre-appointment 
checks.
    The application period for interested candidates will extend to 
April 14, 2017. Applications should be submitted in sufficient time to 
be received by the close of business on the closing date and should be 
sent to OFR_FRAC@ofr.treasury.gov or by mail to: Office of Financial 
Research, Department of the Treasury, Attention: Susan Stiehm, 1500 
Pennsylvania Avenue NW., MT-1330, Washington, DC 20220.

    Dated: March 2, 2017.
Barbara Shycoff,
Chief of External Affairs.
[FR Doc. 2017-04532 Filed 3-8-17; 8:45 am]
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