[Federal Register Volume 80, Number 208 (Wednesday, October 28, 2015)]
[Notices]
[Pages 66005-66006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-27446]



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FEDERAL TRADE COMMISSION


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Extension

AGENCY: Federal Trade Commission (``FTC'' or ``Commission'').

ACTION: Notice.

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SUMMARY: The FTC intends to ask the Office of Management and Budget 
(``OMB'') to extend for an additional three years the current Paperwork 
Reduction Act (``PRA'') clearance \1\ for the FTC's shared enforcement 
with the Consumer Financial Protection Bureau (``CFPB'') of the 
disclosure requirements in subpart N of Regulation V (``Rule''). That 
clearance expires on December 31, 2015.
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    \1\ OMB Control No. 3084-0137.

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DATES: Comments must be filed by November 27, 2015.

ADDRESSES: Interested parties may file a comment online or on paper, by 
following the instructions in the Request for Comment part of the 
SUPPLEMENTARY INFORMATION section below. Write ``Subpart N of 
Regulation V, PRA Comment, P125403,'' on your comment. File your 
comment online at https://ftcpublic.commentworks.com/ftc/regulationVsubpartNpra2 by following the instructions on the Web-based 
form. If you prefer to file your comment on paper, mail your comment to 
the following address: Federal Trade Commission, Office of the 
Secretary, 600 Pennsylvania Avenue NW., Suite CC-5610 (Annex J), 
Washington, DC 20580, or deliver your comment to the following address: 
Federal Trade Commission, Office of the Secretary, Constitution Center, 
400 7th Street SW., 5th Floor, Suite 5610 (Annex J), Washington, DC 
20024.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be addressed to Ryan Mehm, Attorney, Bureau of Consumer 
Protection, (202) 326-2918, Federal Trade Commission, 600 Pennsylvania 
Ave. NW., Washington, DC 20580.

SUPPLEMENTARY INFORMATION: On August 6, 2015, the FTC sought public 
comment on the information collection requirements associated with 
subpart N (80 FR 46988). No relevant comments were received. That 
Notice details staff's methodology behind the estimates restated here 
in summary form, while also providing an overview of the Rule and the 
underlying authorizing statute.
    Pursuant to the OMB regulations, 5 CFR part 1320, that implement 
the PRA, 44 U.S.C. 3501 et seq., the FTC is providing a second 
opportunity for the public to comment on:
    (1) Whether the disclosure requirements are necessary, including 
whether the information will be practically useful; (2) the accuracy of 
our burden estimates, including whether the methodology and assumptions 
used are valid; (3) ways to enhance the quality, utility, and clarity 
of the information to be collected; and (4) ways to minimize the burden 
of the collection of information.
    As before, the Commission specifically seeks more recent estimates 
of the number of requests consumers are making for free annual file 
disclosures. In addition to data on the number of requests, data on how 
the number of requests has changed over time, and how these requests 
are being received--by Internet, phone, or by mail--would be most 
helpful toward refining the FTC's burden estimates.
    The following summarizes the FTC net burden estimates \2\ resulting 
from the analysis detailed in the August 6, 2015 Notice.
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    \2\ Because the FTC shares enforcement authority with the CFPB 
for subpart N, the two agencies are splitting between them the 
related estimate of PRA burden for firms under their co-enforcement 
jurisdiction.
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1. Annual File Disclosures Provided Through the Internet:
    a. 8,320 hours
    b. $545,126 in labor costs to negotiate or renegotiate outsourced 
service contracts
2. Annual File Disclosures Requested Over the Telephone:
    a. 6,240 hours
    b. $408,845 in labor costs to negotiate or renegotiate outsourced 
service contracts
3. Annual File Disclosures Requiring Processing by Mail:
    a. 347,083 hours
    b. $5,747,694 in labor costs
4. Instructions to Consumers:
    a. 34,708 hours
    b. $574,764 in labor costs
5. Non-labor/capital costs: $11,931,500 (costs paid to third-party 
contractors to phone and internet capacity to handle increasing 
consumer request volume)
6. Net Burden to FTC After 50:50 Split with the CFPB
    a. 198,176 hours
    b. $3,638,215 associated labor costs
    c. $5,965,750 non-labor/capital costs
    Request for Comment: You can file a comment online or on paper. For 
the Commission to consider your comment, we must receive it on or 
before November 27, 2015. Write ``Subpart N of Regulation V, PRA 
Comment, P125403'' on your comment. Your comment--including your name 
and your state--will be placed on the public record of this proceeding, 
including to the extent practicable, on the public Commission Web site, 
at http://www.ftc.gov/os/publiccomments.shtm. As a matter of 
discretion, the Commission tries to remove individuals' home contact 
information from comments before placing them on the Commission Web 
site.
    Because your comment will be made public, you are solely 
responsible for making sure that your comment does not include any 
sensitive personal information, like anyone's Social Security number, 
date of birth, driver's license number or other state identification 
number or foreign country equivalent, passport number, financial 
account number, or credit or debit card number. You are also solely 
responsible for making sure that your comment does not include any 
sensitive health information, like medical records or other 
individually identifiable health information. In addition, do not 
include any ``[t]rade secret or any commercial or financial information 
which is . . . privileged or confidential'' as provided in Section 6(f) 
of the FTC Act 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16CFR 
4.10(a)(2). In particular, do not include competitively sensitive 
information such as costs, sales statistics, inventories, formulas, 
patterns, devices, manufacturing processes, or customer names.
    If you want the Commission to give your comment confidential 
treatment, you must file it in paper form, with a request for 
confidential treatment, and you have to follow the procedure explained 
in FTC Rule 4.9(c).\3\ Your comment will be kept confidential only if 
the FTC General Counsel grants your request in accordance with the law 
and the public interest.
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    \3\ In particular, the written request for confidential 
treatment that accompanies the comment must include the factual and 
legal basis for the request, and must identify the specific portions 
of the comment to be withheld from the public record. See FTC Rule 
4.9(c), 16 CFR 4.9(c).
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    Postal mail addressed to the Commission is subject to delay due to 
heightened security screening. As a result, we encourage you to submit 
your comments online. To make sure that the Commission considers your 
online comment, you must file it at https://ftcpublic.commentworks.com/ftc/regulationVsubpartNpra2, by following the instructions on the Web-
based form. When this Notice appears at http://www.regulations.gov/#!home, you also may file a comment through that Web site.

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    If you file your comment on paper, write ``Subpart N of Regulation 
V, PRA Comment, P125403,'' on your comment and on the envelope. You can 
mail your comment to the following address: Federal Trade Commission, 
Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC-5610 
(Annex J), Washington, DC 20580, or deliver your comment to the 
following address: Federal Trade Commission, Office of the Secretary, 
Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex 
J), Washington, DC 20024.
    The FTC Act and other laws that the Commission administers permit 
the collection of public comments to consider and use in this 
proceeding as appropriate. The Commission will consider all timely and 
responsive public comments that it receives on or before November 27, 
2015. You can find more information, including routine uses permitted 
by the Privacy Act, in the Commission's privacy policy, at http://www.ftc.gov/ftc/privacy.htm.
    Comments on the information collection requirements subject to 
review under the PRA should additionally be submitted to OMB. If sent 
by U.S. mail, they should be addressed to Office of Information and 
Regulatory Affairs, Office of Management and Budget, Attention: Desk 
Officer for the Federal Trade Commission, New Executive Office 
Building, Docket Library, Room 10102, 725 17th Street NW., Washington, 
DC 20503. Comments sent to OMB by U.S. postal mail, however, are 
subject to delays due to heightened security precautions. Thus, 
comments instead should be sent by facsimile to (202) 395-5806.

David C. Shonka,
Principal Deputy General Counsel.
[FR Doc. 2015-27446 Filed 10-27-15; 8:45 am]
 BILLING CODE 6750-01-P