[Federal Register Volume 80, Number 29 (Thursday, February 12, 2015)]
[Rules and Regulations]
[Page 7797]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-02918]



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  Federal Register / Vol. 80, No. 29 / Thursday, February 12, 2015 / 
Rules and Regulations  

[[Page 7797]]



DEPARTMENT OF THE TREASURY

5 CFR Part 3101


Supplemental Standards of Ethical Conduct for Employees of the 
Department of the Treasury; Correction

AGENCY: Department of the Treasury.

ACTION: Correcting amendments.

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SUMMARY: This document contains corrections to a final rule that was 
published in the Federal Register on Thursday, November 6, 2014. The 
final rule amended the Department of the Treasury's (the Department or 
Treasury) Supplemental Standards of Ethical Conduct for Employees of 
the Department of the Treasury (Supplemental Standards) that was issued 
by the Department with the concurrence of the Office of Government 
Ethics (OGE).

DATES: Effective date: February 12, 2015.

FOR FURTHER INFORMATION CONTACT: Elizabeth Horton, Deputy Assistant 
General Counsel for Ethics, Office of the General Counsel, Department 
of the Treasury, 1500 Pennsylvania Avenue NW., Room 2221, Washington DC 
20220; (202) 622-0450.

SUPPLEMENTARY INFORMATION: 

I. Background

    On November 6, 2014, Treasury published a final rule amending its 
Supplemental Standards of Ethical Conduct. 79 FR 65873. Treasury 
amended its Supplemental Standards, codified at 5 CFR part 3101, 
effective November 6, 2014, to account for current Department structure 
resulting from organizational changes that established new offices or 
bureaus within Treasury and transferred certain functions and/or 
bureaus from the Department. The final rule also amended the 
Supplemental Standards applicable to employees of the Office of the 
Comptroller of the Currency (OCC), 5 CFR 3101.108, which generally 
prohibit OCC employees from investing in or borrowing from OCC-
supervised institutions. See 79 FR 65873-65879.

II. Need for Correction

    In order to reflect Treasury's current organizational make up, the 
final rule amended the Supplemental Standards to remove references and 
rules applicable to employees of the Bureau of Alcohol, Tobacco and 
Firearms (ATF), the Federal Law Enforcement Training Center, the United 
States Customs Service (USCS), the United States Secret Service (USSS), 
and the Office of Thrift Supervision (OTS), as these are no longer 
bureaus or components of the Department.
    The Department inadvertently left references to OTS, ATF, USCS, and 
USSS in two notes following Sec. Sec.  3101.103 and 3101.104 of the 
Supplemental Standards. This technical correction revises these 
sections to remove these references.

Lists of Subjects in 5 CFR Part 3101

    Conflict of interests, Ethics, Extensions of credit, Government 
employees, OCC employees.
    For the reasons set forth in the preamble, the Department, with the 
concurrence of OGE, corrects 5 CFR part 3101 as follows:

PART 3101--SUPPLEMENTAL STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES 
OF THE DEPARTMENT OF THE TREASURY

0
1. The authority citation for part 3101 continues to read as follows:

    Authority:  5 U.S.C. 301, 7301, 7353; 5 U.S.C. App. (Ethics in 
Government Act of 1978); 18 U.S.C. 212, 213, 26 U.S.C. 7214(b); E.O. 
12674, 54 FR 15159, 3 CFR, 1989 Comp., p. 215, as modified by E.O. 
12731, 55 FR 42547, 3 CFR, 1990 Comp., p. 306; 5 CFR 2635.105, 
2635.203(a), 2635.403(a), 2635.803, 2635.807(a)(2)(ii).


0
2. In Sec.  3101.103, the Note is revised to read as follows:


Sec.  3101.103  Prohibition on purchase of certain assets.

* * * * *

    Note to Sec.  3101.103.  Employees of the OCC are subject to 
additional limitations on the purchase of assets that are set out in 
the OCC-specific rules contained in Sec.  3101.108.


0
3. In Sec.  3101.104, the Note after paragraph (a) is revised to read 
as follows:


Sec.  3101.104  Outside employment.

* * * * *

    Note to paragraph (a). Employees of the IRS, Legal Division, and 
OCC are subject to additional limitations on outside employment and 
activities that are set out in bureau-specific rules contained in 
this part.

* * * * *

    By the Department of the Treasury.
Christopher J. Meade,
General Counsel.
    Dated: January 30, 2015.

    By the Office of Government Ethics.
Walter M. Shaub, Jr.,
Director.
[FR Doc. 2015-02918 Filed 2-11-15; 8:45 am]
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