Rules Regarding Availability of Information — 1996-02-28 [96-4341]

The Board of Governors of the Federal Reserve System (Board) is proposing technical amendments to its Rules Regarding Availability of Information (Information Rules). The Board's review of the Information Rules has been conducted in accordance with section 303 of the Riegle Community Development and Regulatory Improvement Act of 1994. The proposed amendments clarify certain provisions of the Rules and simplify the processing of requests for access to information in certain circumstances. More specifically, the Board's proposed changes would conform the language of the Rules to changes in the law with which the Board is in compliance; expand delegations of authority to simplify and expedite the Board's responses to requests for access to information submitted by law enforcement authorities; expand the delegated authority of the General Counsel by including authority to determine requests for permission to use any confidential information of the Board in litigation and pre- litigation investigations; clarify provisions of Subpart B relating to requests for information under the