🔒CFTC Notice on Consumer Information Protection and Renewal
Agency Information Collection Activities: Notice of Intent To Renew Collection Number 3038-0067, Part 162-Protection of Consumer Information Under the Fair Credit Reporting Act
Summary
The Commodity Futures Trading Commission ("Commission") is announcing an opportunity for public comment on the proposed renewal of a collection of certain information by the agency. Under the Paperwork Reduction Act ("PRA"), Federal agencies are required to publish notice in the Federal Register concerning each proposed collection of information, including each proposed extension of an existing collection of information, and to allow 60 days for public comment. This notice solicits comments on the collections of information mandated by part 162 of the Commission's regulations (Protection of Consumer Information under the Fair Credit Reporting Act).
Agencies
- Commodity Futures Trading Commission
Business Impact
$$ - Med
The text discusses a regulatory notice regarding the renewal of information collection under the Fair Credit Reporting Act, which entails compliance requirements for businesses dealing with consumer information. Specifically, it highlights obligations to provide opt-out notices and develop information disposal plans, affecting how businesses manage consumer data.