Fed Wants Help With Dodd-Frank

The Federal Reserve Board is looking for industry input as it begins to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The Fed announced yesterday that it is seeking nominations for appointments to its consumer advisory council, which will advise the Board on the exercise of its responsibilities under various consumer financial services laws. The group meets in Washington, D.C. thrice yearly and looks to balance the interests of consumers, communities, and the financial services industry.

The Board plans to appoint up to ten members for three-year terms that will begin in January 2011.

Letters of nomination with complete information, including a résumé for each nominee, must be received by September 10, 2010.  Nominations should also include the nominator's name, organizational affiliation, title, address, telephone and fax numbers and e-mail address.  Nomination forms can also be accessed here.

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