Alert June 25, 2013

CFPB Seeks Public Comment on Information Collection

The CFPB solicited comments on a proposed information collection titled, "Policy to Encourage Trial Disclosure Programs: Information Collection," designed to help facilitate access and innovation in the consumer financial products and services markets. The information collections seeks public input in the following areas: (1) whether the collection of information is necessary for the performance of the CFPB’s functions; (2) whether the CFPB’s estimated burden of collecting information is accurate; (3) ways to enhance the information being collected; and (4) ways to minimize the burden on respondents. Comments are due by July 18, 2013.