[Federal Register: September 5, 2000 (Volume 65, Number 172)]
[Rules and Regulations]
[Page 53559-53560]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]



17 CFR Part 146

Privacy Act of 1974; Implementation

AGENCY: Commodity Futures Trading Commission.

ACTION: Final rule.


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, syochum@cftc.gov.

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:


    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

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]

======== RETURN TO INDEX ========