Reg Watch

 Public comment periods are closing soon for the following proposed rules:

• The Federal Trade Commission has proposed a rule to amend regulations “under the Fur Products Labeling Act” and to update its Fur Products Name Guide, which has not been revised since 1967 and contains inaccuracies. It would also like to “provide more labeling flexibility … and eliminate unnecessary requirements,” such as the required font size for fur information disclosure on various products. Comments are due by Nov. 16.

• The Consumer Financial Protection Bureau (CFPB) is among several agencies that have proposed a rule to exempt certain records from being obtained by a Freedom of Information Act request. The CFPB would like to omit records from its “consumer response system” (CRS), which collects, “process[es]” and refers public complaints against financial institutions to the correct authorities. “Sensitive information about the CFPB’s investigative processes, techniques and conclusions are recorded in CRS.” Comments are due by Nov. 19.

• The National Credit Union Administration is proposing a rule to “improve” the regulation of payday-alternative loans, “formerly known as short-term, small amount loans,” which “exist as an alternative to predatory payday loans.” Its intent is to “encourage more federal credit unions” to offer these types of loans and it is seeking “comment on how best to approach this,” including increasing application fees to offset the potential lack of returns from these types of loans. Comments are due by Nov. 26.

• Five financial regulators — the Comptroller of the Currency, the Federal Reserve, the Federal Deposit Insurance Corporation, the Farm Credit Administration and the Federal Housing Finance Agency — have reopened a comment period on a proposed rule to “to establish minimum margin [collateral] and capital requirements” for large “high-risk” financial institutions that have complex financial instruments, known as over-the-counter derivatives, on their books. Comments are now due by Nov. 26.

• The United States Postal Service has proposed a rule to increase prices for international mail services, effective January 2013. Among other increases, “postcard [postage] would be increased by 8.7 percent, letters would be increased by 12.8 percent, and flats would be increased by 18.9 percent.” It also proposes to introduce an “international ‘Global Forever’ stamp” to accompany the domestic version, introduced in 2007. “ ‘Global Forever’ stamps can be used to mail a 1-ounce letter-size mailpiece anywhere in the world, regardless of when the stamp is purchased and ... how prices may change in the future.” Comments are due by Nov. 23.