Regarding Texas PDL Industry-Update
Published: Thu, 04/24/14
, delete now if you have zero interest in Texas.
Hello All - just got the update from the OCCC and the
arguments against the release of CAB information were successful! Thanks go
to the Attorneys/Firms who drafted the Arguments. And also we did a great job
as a group getting a large number of CAB entities to submit their opposition to
the request. See below for more information.
Dear CAB Licensees,
Compliance Officers, and Stakeholders,
This is a follow-up email
regarding the referral by the Office of Consumer Credit Commissioner (OCCC) to
the Office of the Attorney General (OAG) on February 4, 2014. As you are aware,
this referral was based on a public information request asking for all 2012 data
reports filed by CAB licensees. The OCCC raised the issue that the information
should be considered proprietary.
On April 9, 2014, the OAG Open Records
Division issued its ruling (OR2014-05887), stating:
"[T]he requested
information constitutes commercial or financial information, the release of
which would cause substantial competitive injury. Accordingly, the
commissioner's office must withhold the remaining requested information under
section 552.110(b) of the Government Code."
To view the OAG's ruling, you
may click on the link below:
https://www.texasattorneygeneral.gov/opinions/openrecords/50abbott/orl/2014/pdf/or201405887.pdf
In accordance with the OAG's ruling, the OCCC will not release the 2012 CAB data
reports.
Best,
Michael Brown
C.A.B. Consulting
www.CreditAccessBusiness.com
Email Michael: Michael@CreditAccessBusiness.com
Call Michael: 214-293-8676