[Federal Register Volume 65, Number 172 (Tuesday, September 5, 2000)]
[Rules and Regulations]
[Pages 53559-53560]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-22557]


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COMMODITY FUTURES TRADING COMMISSION

17 CFR Part 146


Privacy Act of 1974; Implementation

AGENCY: Commodity Futures Trading Commission.

ACTION: Final rule.

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SUMMARY: The Commission is amending its rule to require biennial rather 
than annual publication of the agency's Privacy Act notice of the 
existence and character of each of its systems of records to conform to 
OMB requirements.

DATES: Effective on September 5, 2000.

FOR FURTHER INFORMATION CONTACT: Stacy Dean Yochum, Counsel to the 
Executive Director, (202) 418-5157, Commodity Futures Trading 
Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, 
DC 20581, [email protected].

SUPPLEMENTARY INFORMATION: In 1996, OMB incorporated guidance to 
agencies on implementing the reporting and publication requirements of 
the Privacy Act into Appendix I to OMB Circular A-130 (61 FR 6428, 
February 20, 1996). OMB revised Appendix 1, changing the annual 
requirement to review recordkeeping practices, training, violations and 
notices under the Privacy Act to a biennial review. To conform the 
review and publication of its system of records to OMB requirements, 
the Commission is amending Sec. 146.11(a) to require biennial rather 
than annual publication of the Commission's systems of records under 
the Privacy Act.

Administrative Procedure Act

    The Commission has determined that the Administrative Procedure 
Act, 5 U.S.C. 553, does not require notice of proposed rulemaking and 
an opportunity for public participation in connection with this 
amendment. In this regard, the Commission notes that such notice and 
opportunity for comment is unnecessary because this amendment is 
related solely to agency organization, procedure and practice and 
conforms the Commission rules to earlier amendments to the Privacy Act. 
Accordingly, the Commission finds

[[Page 53560]]

good cause to make this amendment effective immediately upon 
publication in the Federal Register. 5 U.S.C. 553(b)(B).

List of Subjects in 17 CFR Part 146

    Privacy; Reporting and recordkeeping requirements.

    In consideration of the foregoing, and pursuant to the authority 
contained in the Commodity Exchange Act, in particular, section 
2(a)(11), the Commission amends Chapter I of Title 17, part 146 of the 
Code of Federal Regulations as follows:

PART 146--RECORDS MAINTAINED ON INDIVIDUALS

    1. The authority for Part 146 is revised to read as follows:

    Authority: 88 Stat. 1896 (5 U.S.C. 552a), as amended; 88 Stat. 
1389 (7 U.S.C. 4a(j)).

    2. Revise Sec. 146.11, paragraph (a), introductory text, to read as 
follows:


Sec. 146.11  Public notice of records system.

    (a) The Commission will publish in the Federal Register at least 
biennially a notice of the existence and character of each of its 
systems of records, which notice shall include--
* * * * *

    Issued in Washington, DC on August 29, 2000, by the Commission.
Jean Webb,
Secretary of the Commission.
[FR Doc. 00-22557 Filed 9-1-00; 8:45 am]
BILLING CODE 6351-01-M