[Federal Register Volume 72, Number 32 (Friday, February 16, 2007)]
[Notices]
[Pages 7657-7658]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-2772]


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FEDERAL RESERVE SYSTEM


Consumer Advisory Council

AGENCY: Board of Governors of the Federal Reserve System

Notice of Meeting of Consumer Advisory Council

    The Consumer Advisory Council will meet on Thursday, March 8, 2007. 
The meeting, which will be open to public observation, will take place 
at the Federal Reserve Board's offices in Washington, D.C., in Dining 
Room E on the Terrace level of the Martin Building. Anyone planning to 
attend the meeting should, for security purposes, register no later 
than Tuesday, March 6, by completing the form found online at: https://www.federalreserve.gov/secure/forms/cacregistration.cfm.
    Additionally, attendees must present photo identification to enter 
the building.
    The meeting will begin at 9:00 a.m. and is expected to conclude at 
12:45 p.m. The Martin Building is located on C Street, NW, between 20th 
and 21st Streets.
    The Council's function is to advise the Board on the exercise of 
the Board's responsibilities under various consumer financial services 
laws and on other matters on which the Board seeks its advice. Time 
permitting, the Council will discuss the following topics:
     Home mortgage foreclosures
    Members will discuss various issues related to home lending 
practices and mortgage foreclosures.
     Model financial privacy notices
    With the objective of designing alternative privacy notices that 
are easier for consumers to understand and use, the Board, the other 
banking agencies, the FTC, and the SEC have been conducting cognitive 
and usability consumer research into how privacy notices may be made 
more effective for consumers. Members will discuss several aspects of 
the model notices as well as findings from the accompanying project 
report.
     Amendments to Regulation E

[[Page 7658]]

    Members will discuss proposed amendments to Regulation E that would 
create an exception for certain small-dollar transactions from the 
requirement that terminal receipts be made available to consumers at 
the time of the transaction.
     Check holding practices
    Members will discuss check holding guidelines and practices with a 
focus on issues related to fraudulent official checks, counterfeit 
cashier's checks and money orders.
    Reports by committees and other matters initiated by Council 
members also may be discussed.
    Persons wishing to submit views to the Council on any of the above 
topics may do so by sending written statements to Kyan Bishop, 
Secretary of the Consumer Advisory Council, Division of Consumer and 
Community Affairs, Board of Governors of the Federal Reserve System, 
Washington, D.C. 20551. Information about this meeting may be obtained 
from Ms. Bishop, 202-452-6470.

    Board of Governors of the Federal Reserve System, February 13, 
2007.
Jennifer J. Johnson
Secretary of the Board
[FR Doc. E7-2772 Filed 2-15-07; 8:45 am]
BILLING CODE 6210-01-S