Board Report: 2013-AE-B-008 July 1, 2013
OFFICE OF INSPECTOR GENERAL
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
CONSUMER FINANCIAL PROTECTION BUREAU
July 1, 2013
Sandra F. Braunstein
Director, Division of Consumer and Community Affairs
Board of Governors of the Federal Reserve System
Scott G. Alvarez
General Counsel, Legal Division
Board of Governors of the Federal Reserve System
Melissa Heist /signed/
Associate Inspector General for Audits and Evaluations
Office of the Inspector General
OIG Report No. 2013-AE-B-008: Board Should Enhance Compliance with Small Entity Compliance Guide Requirements Contained in the Small Business Regulatory Enforcement Fairness Act of 1996
Attached is the Office of Inspector General report on the subject evaluation. Our objective was to assess the Board's compliance with small entity compliance guide requirements. We conducted this evaluation in response to a complaint submitted to the Office of Inspector General Hotline.
We provided you with a draft of our report for review and comment. In your consolidated response, included as appendix D, you concurred with our recommendations and communicated your intent to implement them.
We appreciate the cooperation that we received from the Board's Legal Division and Division of Consumer and Community Affairs staff during our evaluation. Please contact me if you would like to discuss this report or any related issues.
David G. Caperton
Stephanie Martin
James A. Michaels
