[Federal Register Volume 75, Number 237 (Friday, December 10, 2010)]
[Notices]
[Page 77048]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-31041]


-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Thrift Supervision


Fair Credit Reporting Affiliate Marketing Regulations

AGENCY: Office of Thrift Supervision (OTS), Treasury.

ACTION: Notice and request for comment.

-----------------------------------------------------------------------

SUMMARY: The proposed information collection request (ICR) described 
below has been submitted to the Office of Management and Budget (OMB) 
for review and approval, as required by the Paperwork Reduction Act of 
1995, 44 U.S.C. 3507. OTS is soliciting public comments on the 
proposal.

DATES: Submit written comments on or before January 10, 2011. A copy of 
this ICR, with applicable supporting documentation, can be obtained 
from RegInfo.gov at http://www.reginfo.gov/public/do/PRAMain.

ADDRESSES: Send comments, referring to the collection by title of the 
proposal or by OMB approval number, to OMB and OTS at these addresses: 
Office of Information and Regulatory Affairs, Attention: Desk Officer 
for OTS, U.S. Office of Management and Budget, 725 17th Street, NW., 
Room 10235, Washington, DC 20503, or by fax to (202) 393-6974; and 
Information Collection Comments, Chief Counsel's Office, Office of 
Thrift Supervision, 1700 G Street, NW., Washington, DC 20552, by fax to 
(202) 906-6518, or by e-mail to [email protected]. 
OTS will post comments and the related index on the OTS Internet Site 
at http://www.ots.treas.gov. In addition, interested persons may 
inspect comments at the Public Reading Room, 1700 G Street, NW., 
Washington, DC 20552 by appointment. To make an appointment, call (202) 
906-5922, send an e-mail to public.info@ots.treas.gov">public.info@ots.treas.gov, or send a 
facsimile transmission to (202) 906-7755.

FOR FURTHER INFORMATION CONTACT: For further information or to obtain a 
copy of the submission to OMB, please contact Ira L. Mills at, 
[email protected], or call (202) 906-6531, or facsimile number 
(202) 906-6518, Regulations and Legislation Division, Chief Counsel's 
Office, Office of Thrift Supervision, 1700 G Street, NW., Washington, 
DC 20552.

SUPPLEMENTARY INFORMATION: OTS may not conduct or sponsor an 
information collection, and respondents are not required to respond to 
an information collection, unless the information collection displays a 
currently valid OMB control number. As part of the approval process, we 
invite comments on the following information collection.
    Title of Proposal: Fair Credit Reporting Affiliate Marketing 
Regulations.
    OMB Number: 1550-0112.
    Form Number: N/A.
    Description: Section 214 of the Fair and Accurate Credit 
Transactions Act of 2003, which added new section 624 to the Fair 
Credit Reporting Act, generally prohibits a person from using certain 
information received from an affiliate to make a solicitation for 
marketing purposes to the consumer, unless the consumer is given notice 
and an opportunity and simple method to opt out of making such 
solicitations. Section 214 also required the OTS, the Securities and 
Exchange Commission, and the Federal Trade Commission, in consultation 
and coordination with each other, to issue regulations implementing 
section 214 that, to the extent possible, are consistent and 
comparable.
    Consumers will use the information in the disclosures to decide 
whether to opt out of their institutions' affiliate marketing 
practices. Respondent entities will use the opt out notices to manage 
their affiliate marketing practices appropriately.
    Type of Review: Extension of a currently approved collection.
    Affected Public: Business or other for-profit.
    Estimated Number of Respondents: 193,479.
    Estimated Frequency of Response: On occasion.
    Estimated Total Burden: 25,834 hours.
    Clearance Officer: Ira L. Mills, (202) 906-6531, Office of Thrift 
Supervision, 1700 G Street, NW., Washington, DC 20552.

    Dated: December 6, 2010.
Ira L. Mills,
Paperwork Clearance Officer, Office of Chief Counsel, Office of Thrift 
Supervision.
[FR Doc. 2010-31041 Filed 12-9-10; 8:45 am]
BILLING CODE 6720-01-P