Notice2022-06581

Notice and Request for Comment Regarding Fees Imposed by Providers of Consumer Financial Products or Services

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
March 29, 2022

Issuing agencies

Consumer Financial Protection Bureau

Abstract

On January 26, 2022, the Consumer Financial Protection Bureau (Bureau or CFPB) requested comment from the public related to fees that are not subject to competitive processes that ensure fair pricing. The request for comment was published in the Federal Register on February 2, 2022, in a document titled, "Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services." The Bureau has determined that extension of the comment period until April 11, 2022, is appropriate.

Full Text

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<title>Federal Register, Volume 87 Issue 60 (Tuesday, March 29, 2022)</title>
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[Federal Register Volume 87, Number 60 (Tuesday, March 29, 2022)]
[Notices]
[Pages 17996-17997]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-06581]


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BUREAU OF CONSUMER FINANCIAL PROTECTION

[Docket No. CFPB-2022-0003]


Notice and Request for Comment Regarding Fees Imposed by 
Providers of Consumer Financial Products or Services

AGENCY: Bureau of Consumer Financial Protection.

[[Page 17997]]


ACTION: Notice; request for public comment; extension of comment 
period.

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SUMMARY: On January 26, 2022, the Consumer Financial Protection Bureau 
(Bureau or CFPB) requested comment from the public related to fees that 
are not subject to competitive processes that ensure fair pricing. The 
request for comment was published in the Federal Register on February 
2, 2022, in a document titled, ``Request for Information Regarding Fees 
Imposed by Providers of Consumer Financial Products or Services.'' The 
Bureau has determined that extension of the comment period until April 
11, 2022, is appropriate.

DATES: The end of the comment period for the document titled, ``Request 
for Information Regarding Fees Imposed by Providers of Consumer 
Financial Products or Services,'' published on February 2, 2022 (87 FR 
5801), is extended from March 31, 2022, until April 11, 2022.

ADDRESSES: You may submit comments, identified by Docket No. CFPB-2022-
0003, by any of the following methods:
    <bullet> Federal eRulemaking Portal: <a href="https://www.regulations.gov">https://www.regulations.gov</a>. 
Follow the instructions for submitting comments.
    <bullet> Email: <a href="/cdn-cgi/l/email-protection#3675706674697053525344575a6453515f4542534475595b5b53584245765550465418515940"><span class="__cf_email__" data-cfemail="d2919482908d94b7b6b7a0b3be80b7b5bba1a6b7a091bdbfbfb7bca6a192b1b4a2b0fcb5bda4">[email&#160;protected]</span></a>. Include 
Docket No. CFPB-2022-0003 in the subject line of the message.
    <bullet> Mail/Hand Delivery/Courier: Comment Intake--Fee 
Assessment, Consumer Financial Protection Bureau, 1700 G Street NW, 
Washington, DC 20552. Please note that due to circumstances associated 
with the COVID-19 pandemic, the CFPB discourages the submission of 
comments by hand delivery, mail, or courier.
    Instructions: The CFPB encourages the early submission of comments. 
All submissions should include document title and docket number. 
Because paper mail in the Washington, DC area and at the CFPB is 
subject to delay, commenters are encouraged to submit comments 
electronically. In general, all comments received will be posted 
without change to <a href="https://www.regulations.gov">https://www.regulations.gov</a>. In addition, once the 
CFPB's headquarters reopens, 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. At that time, you can make an appointment to inspect the 
documents by telephoning 202-435-7275. All comments, including 
attachments and other supporting materials, will become part of the 
public record and subject to public disclosure. Proprietary information 
or sensitive personal information, such as account numbers or Social 
Security numbers, or names of other individuals, should not be 
included. Comments will not be edited to remove any identifying or 
contact information.

FOR FURTHER INFORMATION CONTACT: Brian Shearer, Senior Advisor; Grace 
Bouwer, Advisor, Public Engagement, Director's Front Office, Office of 
the Director at 202-435-7700. If you require this document in an 
alternative electronic format, please contact 
<a href="/cdn-cgi/l/email-protection#72313422302d3311111701011b101b1e1b060b32111402105c151d04"><span class="__cf_email__" data-cfemail="05464355475a4466666076766c676c696c717c45666375672b626a73">[email&#160;protected]</span></a>.

SUPPLEMENTARY INFORMATION: On January 26, 2022, the Bureau issued a 
Request for Information regarding fees that are not subject to 
competitive processes that ensure fair pricing.\1\ The information will 
help the CFPB and policymakers in exercising their enforcement, 
supervision, regulatory and other authorities to create a fairer, more 
transparent, and competitive consumer financial marketplace. As of mid-
March, the CFPB has received more than 1,400 comments to the RFI, 
indicating a high level of public interest in this topic. Allowing an 
additional comment period will provide additional opportunity for the 
public to prepare comments related to this inquiry. Therefore, the 
Bureau is extending the comment period for this request until April 11, 
2022.
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    \1\ See 87 FR 5801 (Feb. 2, 2022).

Dani Zylberberg,
Counsel and Federal Register Liaison, Consumer Financial Protection 
Bureau.
[FR Doc. 2022-06581 Filed 3-28-22; 8:45 am]
BILLING CODE 4810-AM-P


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Indexed from Federal Register on March 29, 2022.

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