[Federal Register Volume 77, Number 206 (Wednesday, October 24, 2012)]
[Notices]
[Pages 64962-64964]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-26141]


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THE BUREAU OF CONSUMER FINANCIAL PROTECTION


Privacy Act of 1974, as Amended

AGENCY: Bureau of Consumer Financial Protection.

ACTION: Notice of Proposed Privacy Act System of Records.

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SUMMARY: 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'' or the ``Bureau''), 
gives notice of the establishment of a Privacy Act System of Records.

DATES: Comments must be received no later than November 23, 2012. The 
new system of records will be effective December 3, 2012, unless the 
comments received result in a contrary determination.

ADDRESSES: You may submit comments by any of the following methods:
     Electronic: [email protected].
     Mail/Hand Delivery/Courier: Claire Stapleton, Chief 
Privacy Officer, Consumer Financial Protection Bureau, 1700 G Street 
NW., Washington, DC 20552.

Comments will be available for public inspection and copying at 1700 G 
Street NW., Washington, DC 20552 on official business days between the 
hours of 10 a.m. and 5 p.m. Eastern Time. You can make an appointment 
to inspect comments by telephoning (202) 435-7220. All comments, 
including attachments and other supporting materials, will become part 
of the public record and subject to public disclosure. You should 
submit only information that you wish to make available publicly.

FOR FURTHER INFORMATION CONTACT: Claire Stapleton, Chief Privacy 
Officer, Consumer Financial Protection Bureau, 1700 G Street NW., 
Washington, DC 20552, (202) 435-7220.

[[Page 64963]]


SUPPLEMENTARY INFORMATION: The Dodd-Frank Wall Street Reform and 
Consumer Protection Act (``Act''), Public Law 111-203, Title X, 
established the CFPB to administer and enforce federal consumer 
financial law. The new system of records described in this notice, 
CFPB.023--CFPB Prize Competitions Program Records, will enable the CFPB 
to manage its prize competition program authorized by the America 
COMPETES Reauthorization Act of 2010, select judges for CFPB sponsored 
prize competitions, maintain accounting and financial information 
associated with making authorized payments to companies or individuals 
who are CFPB sponsored prize competition awardees, develop reports to 
applicable federal, state, and local taxing officials of taxable 
income, and to meet other reporting requirements. The CFPB will 
maintain control over the records covered by this notice.
    The report of the new system of records has been submitted to the 
Committee on Oversight and Government Reform of the House of 
Representatives, the Committee on Homeland Security and Governmental 
Affairs of the Senate, and the Office of Management and Budget, 
pursuant to Appendix I to OMB Circular A-130, ``Federal Agency 
Responsibilities for Maintaining Records About Individuals,'' dated 
November 30, 2000,\1\ and the Privacy Act, 5 U.S.C. 552a(r).
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    \1\ Although the CFPB, under 12 U.S.C. 5497(a)(4)(E), is not 
legally required to follow OMB-issued guidance, it voluntarily 
follows OMB privacy-related guidance as a best practice and to 
facilitate cooperation and collaboration with other agencies.
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    The system of records entitled ``CFPB.023--CFPB Prize Competitions 
Program Records'' is published in its entirety below.

    Dated: October 16, 2012.
Claire Stapleton,
Chief Privacy Officer, Bureau of Consumer Financial Protection.
CFPB.023

SYSTEM NAME:
    CFPB Prize Competitions Program Records.

SYSTEM LOCATION:
    Consumer Financial Protection Bureau, 1700 G Street NW., 
Washington, DC 20552.

CATEGORIES OF INDIVIDUALS COVERED BY THE SYSTEM:
    Individuals covered by this system include: (1) Any individual who 
participates in a CFPB sponsored prize competition, or is a CFPB 
sponsored prize competition awardee, including representatives of 
companies who, in their business capacity, may participate in or 
otherwise represent their companies in CFPB sponsored prize 
competitions; (2) Any individual who nominates an individual to serve 
as a judge for a CFPB sponsored prize competition, or is nominated to 
serve as a judge, is currently serving as a judge, has been selected as 
an alternative judge, and/or has served as a judge and is no longer 
serving; and (3) Any individual who notarizes, witnesses, or otherwise 
verifies a declaration of participation associated with a CFPB 
sponsored prize competition.

CATEGORIES OF RECORDS IN THE SYSTEM:
    Information maintained on CFPB sponsored prize competition 
participants will include: contact information (including name, 
address, email address, and telephone number). Information maintained 
on CFPB sponsored prize competition awardees will include: (1) Contact 
information (including name, address, email address, and telephone 
number); (2) employment information, including title; (3) information 
necessary for payment, including Social Security number (``SSN''), Tax 
Identification Number (``TIN''), Employee Identification Number 
(``EIN''), Data Universal Numbering System (``DUNS'') Number, 
Commercial and Government Entity (``CAGE'') number, Electronic Funds 
Transfer (``EFT'') data, and/or financial institution name, routing, 
and account numbers; and (4) information relevant to determination of 
eligibility for selection as a prize competition awardee, such as 
employment information, citizenship status, and declaration of desire 
and eligibility to participate. Information maintained on individuals 
who nominate an individual to serve as a judge for a CFPB sponsored 
prize competition will include name and contact information (including 
name, address, email address, and telephone number). Information 
maintained on individuals serving as, or being nominated to serve as a 
judge for a CFPB sponsored prize competition will include place of 
birth, date of birth, gender, citizenship status, declaration of desire 
and eligibility to participate, SSN, financial disclosure information, 
and other information that can be used to determine if the individual 
is fit to participate. Information collected about individuals who 
notarize, witness, or otherwise verify declarations of participation 
associated with a CFPB sponsored prize competition includes name and 
notary seal (including name, state of issue, and commission expiration 
date) only.
    Records are subject to the Privacy Act only to the extent that they 
concern individuals; information pertaining to corporations and other 
business entities and organizations are not subject to the Privacy Act.

AUTHORITY FOR MAINTENANCE OF THE SYSTEM:
    America COMPETES Reauthorization Act of 2010, Public Law 111-358, 
Section 105, codified at 15 U.S.C. 3719; Dodd-Frank Wall Street Reform 
and Consumer Financial Protection Act of 2010, Public Law 111-203, 
Section 1012, codified at 12 U.S.C. 5492.

PURPOSE(S):
    Records in this system are collected to enable the CFPB to manage 
its prize competition program authorized by the America COMPETES 
Reauthorization Act of 2010, select judges for CFPB sponsored prize 
competitions, maintain accounting and financial information associated 
with making authorized payments to companies or individuals who are 
CFPB sponsored prize competition awardees, develop reports to 
applicable federal, state, and local taxing officials of taxable 
income, and to meet other reporting requirements.

ROUTINE USES OF RECORDS MAINTAINED IN THE SYSTEM, INCLUDING CATEGORIES 
OF USERS AND THE PURPOSES OF SUCH USES:
    These records may be disclosed, consistent with the CFPB Disclosure 
of Records and Information Rules, promulgated at 12 CFR 1070 et seq., 
to:
    (1) Appropriate agencies, entities, and persons when: (a) The CFPB 
suspects or has confirmed that the security or confidentiality of 
information in the system of records has been compromised; (b) the CFPB 
has determined that, as a result of the suspected or confirmed 
compromise, there is a risk of harm to economic or property interests, 
identity theft or fraud, or harm to the security or integrity of this 
system or other systems or programs (whether maintained by the CFPB or 
another agency or entity) that rely upon the compromised information; 
and (c) the disclosure made to such agencies, entities, and persons is 
reasonably necessary to assist in connection with the CFPB's efforts to 
respond to the suspected or confirmed compromise and prevent, minimize, 
or remedy such harm;
    (2) Another federal or state agency to (a) permit a decision as to 
access, amendment or correction of records to be made in consultation 
with or by that agency, or (b) verify the identity of an individual or 
the accuracy of

[[Page 64964]]

information submitted by an individual who has requested access to or 
amendment or correction of records;
    (3) The Office of the President in response to an inquiry from that 
office made at the request of the subject of a record or a third party 
on that person's behalf;
    (4) Congressional offices in response to an inquiry made at the 
request of the individual to whom the record pertains;
    (5) Contractors, agents, or other authorized individuals performing 
work on a contract, service, cooperative agreement, job, or other 
activity on behalf of the CFPB or Federal Government and who have a 
need to access the information in the performance of their duties or 
activities;
    (6) The U.S. Department of Justice (``DOJ'') for its use in 
providing legal advice to the CFPB or in representing the CFPB in a 
proceeding before a court, adjudicative body, or other administrative 
body, where the use of such information by the DOJ is deemed by the 
CFPB to be relevant and necessary to the advice or proceeding, and such 
proceeding names as a party in interest:
    (a) The CFPB;
    (b) Any employee of the CFPB in his or her official capacity;
    (c) Any employee of the CFPB in his or her individual capacity 
where DOJ has agreed to represent the employee; or
    (d) The United States, where the CFPB determines that litigation is 
likely to affect the CFPB or any of its components;
    (7) Members of the media, federal, state, and local government 
officials or other recipients of the CFPB's external affairs 
communications to inform them about CFPB sponsored prize competitions, 
awardees, related selection processes, and other program activities;
    (8) To the public, members of the media, federal, state, and local 
government officials, or other recipients of CFPB reports, viewers of 
the CFPB's Web site, blog postings, and other social media, and 
recipients of other public relations materials issued by the CFPB about 
CFPB sponsored prize competitions, awardees, related selection 
processes, and other program activities; and
    (9) To the Treasury Department, Internal Revenue Service, and other 
governmental entities, including state and local taxing officials, to 
facilitate taxation of payments made to CFPB sponsored prize 
competition awardees.

POLICIES AND PRACTICES FOR STORING, RETRIEVING, ACCESSING, RETAINING, 
AND DISPOSING OF RECORDS IN THE SYSTEM: STORAGE:
    Paper and electronic records.

RETRIEVABILITY:
    Records are retrievable by a variety of fields including, without 
limitation, the individual's name, SSN, address, account number, phone 
number, date of birth, employer, prize competition name, or by some 
combination thereof.

SAFEGUARDS:
    Access to electronic records is restricted to authorized personnel 
who have been issued non-transferrable access codes and passwords. 
Other records are maintained in locked file cabinets or rooms with 
access limited to those personnel whose official duties require access.

RETENTION AND DISPOSAL:
    The CFPB will maintain electronic and paper records indefinitely 
until the National Archives and Records Administration (``NARA'') 
approves the CFPB's records disposition schedule.

SYSTEM MANAGER(S) AND ADDRESS:
    Consumer Financial Protection Bureau, Chief Financial Officer, 1700 
G Street NW., Washington, DC 20552.

NOTIFICATION PROCEDURE:
    Individuals seeking notification and access to any record contained 
in this system of records, or seeking to contest its content, may 
inquire in writing in accordance with instructions appearing in Title 
12, Chapter 10 of the CFR, ``Disclosure of Records and Information.'' 
Address such requests to: Chief Privacy Officer, Bureau of Consumer 
Financial Protection, 1700 G Street NW., Washington, DC 20552.

RECORD ACCESS PROCEDURES:
    See ``Notification Procedures'' above.

CONTESTING RECORD PROCEDURES:
    See ``Notification Procedures'' above.

RECORD SOURCE CATEGORIES:
    Information in this system is provided by individuals who 
participate in CFPB sponsored prize competition activities, by 
individuals who nominate an individual to serve as a judge for a CFPB 
sponsored prize competition, or individuals who are nominated or serve 
as judges for a CFPB sponsored prize competition, and by individuals 
who notarize, witness, or otherwise verify declarations of 
participation associated with a CFPB sponsored prize competition.

EXEMPTIONS CLAIMED FOR THE SYSTEM:
    None.
[FR Doc. 2012-26141 Filed 10-23-12; 8:45 am]
BILLING CODE 4810-AM-P