Agencies and Commissions June 2023 – Federal Register Recent Federal Regulation Documents

The Commodity Futures Trading Commission (CFTC) announces that on July 10, 2023, from 10 a.m. to 1 p.m. (Eastern Daylight Time), the Market Risk Advisory Committee (MRAC or Committee) will hold a public meeting via teleconference. At this meeting, the MRAC will discuss current topics and developments in the areas of central counterparty risk and governance, interest rate benchmark reform, market structure, climate-related risk, and innovative and emerging technologies affecting the derivatives and related financial markets.

The Committee for Purchase From People Who Are Blind or Severely Disabled (Committee, U.S. AbilityOne Commission, Commission), Office of Inspector General (OIG) is seeking comment on proposed amendments to agency regulations. This NPRM proposes that the OIG's AbilityOne/OIG-001 Case Management System, system of records be exempt from certain sections of the Privacy Act of 1974 pursuant to the general and specific exemptions listed in the act. The law enforcement and investigatory nature of the system of records makes it inappropriate to allow individual access to records under the Privacy Act.

In this document, the Federal Communications Commission (Commission) proposes requirements for commercial mobile service providers (CMS Providers) that have elected to participate in the Wireless Emergency Alert system (WEA) to make WEA more accessible, including to people who primarily speak a language other than English or Spanish and people with disabilities who cannot access messages displayed in conventional formats. Additionally, the document proposes to weave WEA more seamlessly into people's lives through increased flexibility in whether an attention signal or vibration is triggered when a WEA is triggered. The document also proposes performance measures for WEA to satisfy and greater transparency for alerting stakeholders regarding where and on what devices they offer WEA as well as information about WEA performance. These requirements would assist the millions of people who do not speak English or Spanish, as well as those with disabilities, understand and respond to WEA messages, and result in a more precise and tailored use of WEA through increased flexibility and options for consumers and alerting authorities. With this Further Notice of Proposed Rulemaking (Further Notice), the Commission seeks comment on the proposed rules and any suitable alternatives.

The OCC, Board, FDIC, NCUA, CFPB, and FHFA (collectively, the agencies) invite comment on a proposed rule to implement the quality control standards mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) for the use of automated valuation models (AVMs) by mortgage originators and secondary market issuers in determining the collateral worth of a mortgage secured by a consumer's principal dwelling. Under the proposal, the agencies would require institutions that engage in certain credit decisions or securitization determinations to adopt policies, practices, procedures, and control systems to ensure that AVMs used in these transactions to determine the value of mortgage collateral adhere to quality control standards designed to ensure a high level of confidence in the estimates produced by AVMs; protect against the manipulation of data; seek to avoid conflicts of interest; require random sample testing and reviews; and comply with applicable nondiscrimination laws.

In this document, the Federal Communications Commission (Commission or we) seeks comment on revisions to its rules governing spectrum sharing among a new generation of broadband satellite constellations to promote market entry, regulatory certainty, and spectrum efficiency. Specifically, the Commission seeks comment on which metrics should be used to define the protection afforded to a non-geostationary satellite orbit, fixed-satellite service (NGSO FSS) system authorized through an earlier processing round from an NGSO FSS system authorized through a later processing round, including the implementation of a degraded throughput methodology.

Pursuant to the provisions of the Privacy Act of 1974, notice is given that the Board of Governors of the Federal Reserve System (Board) proposes to establish a new system of records, entitled BGFRS- 45, ``FRBDebt Collection Records.'' BGFRS-45 includes records concerning debts owed to the Board or to the United States (including but not limited to restitution collectible by the United States) that arise out of the Board's operations or other activities, and records concerning the Board's efforts to collect these debts. The Board will create, collect, and maintain these records to support its debt collection efforts, and to facilitate compliance with statutory and regulatory requirements.

Pursuant to the provisions of the Privacy Act of 1974, notice is given that the Board of Governors of the Federal Reserve System (Board) proposes to modify an existing system of records, entitled BGFRS-9, ``FRBSupplier Files.'' BGFRS-9 includes the supplier information form, W-9 tax identification document, and any other information pertaining to a supplier's status.

The Federal Energy Management Improvement Act Update transferred authority for regulating the marking of toy, look-alike, and imitation firearms from the Department of Commerce to the Consumer Product Safety Commission. On May 11, 2023, the Commission issued a direct final rule to adopt the Department of Commerce rule for the marking of toy, look-alike, and imitation firearms, with non- substantive and conforming changes. That document contained a typographical error. This document corrects that error.

In accordance with the Privacy Act of 1974 and OMB Circular A- 108, the U.S. AbilityOne Commission, Office of Inspector General proposes to establish a new U.S. AbilityOne Commission, Office of Inspector General system of records titled, AbilityOne/OIG-001 Case Management System. This system of records will allow U.S. AbilityOne Commission, Office of Inspector General to collect and maintain records on individuals who may be complainants, subjects, witnesses, and others who may be identified during an investigation. The records and information collected and maintained in this system are used to document the processing of allegations of violations of criminal, civil, and administrative laws and regulations relating to U.S. AbilityOne Commission/OIG programs, operations, and employees, as well as contractors and other individuals and entities associated with U.S. AbilityOne Commission/OIG. Additionally, the U.S. AbilityOne Commission, Office of Inspector General is issuing a Notice of Proposed Rulemaking to exempt this system from certain provisions of the Privacy Act.

Notice of prehearing conference for In the Matter of Leachco, Inc.; CPSC Docket No. 22-1.

As part of its continuing effort to reduce paperwork burdens, and as required by the Paperwork Reduction Act (PRA) of 1995, the Federal Communications Commission (FCC or the Commission) invites the general public and other Federal agencies to take this opportunity to comment on the following information collection. Comments are requested concerning: whether the proposed collection of information is necessary for the proper performance of the functions of the Commission, including whether the information shall have practical utility; the accuracy of the Commission's burden estimate; ways to enhance the quality, utility, and clarity of the information collected; ways to minimize the burden of the collection of information on the respondents, including the use of automated collection techniques or other forms of information technology; and ways to further reduce the information collection burden on small business concerns with fewer than 25 employees. The FCC may not conduct or sponsor a collection of information unless it displays a currently valid control number. No person shall be subject to any penalty for failing to comply with a collection of information subject to the PRA that does not display a valid Office of Management and Budget (OMB) control number.

As stipulated by the Federal Advisory Committee Act (FACA), GSA is hereby giving notice of an open public meeting of the Federal Secure Cloud Advisory Committee (FSCAC). Information on attending and providing public comment is under the SUPPLEMENTARY INFORMATION section.