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TREAS/OCC

RIN: 1557-AC80

Publication ID: Fall 2008

Title: Interagency Proposal for Model Privacy Form Under the Gramm-Leach-Bliley Act
Abstract: Pursuant to section 728 of the Financial Services Regulatory Relief Act, the OCC, FRB, FDIC, OTS, NCUA, FTC, CFTC, and SEC jointly proposed, on March 29, 2007, to amend their rules that implement sections 502 and 503 of the Gramm-Leach-Bliley Act to allow financial institutions to provide a safe harbor model privacy form and remove the sample clauses contained in these rules as of 2 years after the publication date of a final rule. The Agencies will issue a final rule that reflects comments received from the public.
Agency: Department of the Treasury(TREAS)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 12 CFR 40
Legal Authority: 15 USC 6801 et seq

Legal Deadline:

Action	Source	Description	Date
NPRM	Statutory	Interagency NPRM must be issued by 4/11/2007.	04/11/2007

Overall Description of Deadline: Section 728 of the Financial Services Regulatory Relief Act of 2006 (Pub. L. 109-351, Oct. 13, 2006) requires that a model privacy form be issued in proposed form for comment no later than April 11, 2007.

Timetable:

Action	Date	FR Cite
ANPRM	12/30/2003	68 FR 75164
ANPRM Comment Period End	03/29/2004
NPRM	03/29/2007	72 FR 14940
NPRM Comment Period End	05/29/2007
Final Action	02/00/2009

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: No
Agency Contact: Heidi M. Thomas Senior Counsel Department of the Treasury Comptroller of the Currency Chief Counsel's Office, 400 7th Street SW., Washington, DC 20219 Phone:202 649-5490 Email: heidi.thomas@occ.treas.gov