Bureau of Consumer Financial Protection November 2011 – Federal Register Recent Federal Regulation Documents

Section 1077 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (``Dodd-Frank'') requires the Bureau of Consumer Financial Protection (``Bureau'' or ``CFPB'') and the Department of Education, in consultation with the Department of Justice and the Federal Trade Commission, to prepare a Report on Private Education Loans and Private Education Lenders. The Bureau seeks information on private education loans and related consumer financial products and services that are currently being offered to or used by students and their families for the financing of postsecondary education.

In accordance with the Privacy Act of 1974, as amended, the Bureau of Consumer Financial Protection hereinto referred to as the Consumer Financial Protection Bureau (``CFPB'') gives notice of the establishment of a Privacy Act System of Records.

The Bureau of Consumer Financial Protection (CFPB), 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 proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the CFPB is soliciting comments concerning a proposed generic information collection for development and/or testing of model forms, disclosures, tools, and similar related materials. The CFPB will collect information in connection with the development and testing of new model forms, disclosures, tools, and similar related materials pursuant to the CFPB's authority with respect to Federal consumer financial laws and the Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203, as well as testing existing model forms and disclosures.