Privacy Act of 1974; Matching Program, 61360-61361 [2017-27848]

Download as PDF daltland on DSKBBV9HB2PROD with NOTICES 61360 Federal Register / Vol. 82, No. 247 / Wednesday, December 27, 2017 / Notices Rule 17Ad–22(e)(6) 37 further requires OCC to establish, implement, maintain and enforce written policies and procedures reasonably designed to cover its credit exposures to its participants by establishing a risk-based margin system that, among other things: (i) Considers, and produces margin levels commensurate with, the risks and particular attributes of each relevant product, portfolio, and market; (ii) calculates margin sufficient to cover its potential future exposure to participants in the interval between the last margin collection and the close out of positions following a participant default; and (iii) uses reliable sources of timely price data and uses procedures and sound valuation models for addressing circumstances in which pricing data are not readily available or reliable. As described in detail above, the proposed changes are designed to ensure that, among other things, OCC’s margin methodology: (i) More appropriately accounts for asymmetry in conditional variance; (ii) more appropriately models the statistical distribution of price returns, (iii) more accurately models second-day volatility forecasts; (iv) improves OCC’s approach to estimating covariance and correlations between risk factors to provide for stable and sensitive correlation estimations; and (v) improves OCC’s methodology related to the treatment of defaulting securities by reducing the impact that illiquid securities with discontinuous data have on default variance estimates. These methodology enhancements would be used to calculate daily margin requirements for OCC’s Clearing Members. In this way, the proposed changes are designed to consider, and produce margin levels commensurate with, the risks and particular attributes of each relevant product, portfolio, and market and to calculate margin sufficient to cover its potential future exposure to participants in the interval between the last margin collection and the close out of positions following a participant default. Moreover, the proposed changes would introduce daily updates for price data for equity products, including daily corporate action-adjusted returns of equities, ETFs, ETNs, and certain indexes. This daily price data would be obtained from a widely used and reliable industry vendor. In this way, the proposed changes would ensure that OCC uses reliable sources of timely price data in its margin methodology, which better reflect current market conditions than the current monthly 37 17 CFR 240.17Ad–2(e)(6). VerDate Sep<11>2014 21:43 Dec 26, 2017 updates, thereby resulting in more accurate and responsive margin requirements. For these reasons, OCC believes that the proposed changes are consistent with Rule 17Ad 22(e)(6).38 III. Date of Effectiveness of the Advance Notice and Timing for Commission Action The proposed change may be implemented if the Commission does not object to the proposed change within 60 days of the later of: (i) The date the proposed change was filed with the Commission or (ii) the date any additional information requested by the Commission is received. OCC shall not implement the proposed change if the Commission has any objection to the proposed change. The Commission may extend the period for review by an additional 60 days if the proposed change raises novel or complex issues, subject to the Commission providing the clearing agency with prompt written notice of the extension. A proposed change may be implemented in less than 60 days from the date the advance notice is filed, or the date further information requested by the Commission is received, if the Commission notifies the clearing agency in writing that it does not object to the proposed change and authorizes the clearing agency to implement the proposed change on an earlier date, subject to any conditions imposed by the Commission. OCC shall post notice on its website of proposed changes that are implemented. The proposal shall not take effect until all regulatory actions required with respect to the proposal are completed. IV. Solicitation of Comments Interested persons are invited to submit written data, views and arguments concerning the foregoing, including whether the advance notice is consistent with the Clearing Supervision Act. Comments may be submitted by any of the following methods: Electronic Comments • Use the Commission’s internet comment form (http://www.sec.gov/ rules/sro.shtml); or • Send an email to rule-comments@ sec.gov. Please include File Number SR– OCC–2017–811 on the subject line. Paper Comments • Send paper comments in triplicate to Secretary, Securities and Exchange 38 Id. Jkt 244001 PO 00000 Frm 00110 Fmt 4703 Sfmt 4703 Commission, 100 F Street NE, Washington, DC 20549. All submissions should refer to File Number SR–OCC–2017–811. This file number should be included on the subject line if email is used. To help the Commission process and review your comments more efficiently, please use only one method. The Commission will post all comments on the Commission’s internet website (http://www.sec.gov/ rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the advance notice that are filed with the Commission, and all written communications relating to the advance notice between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commission’s Public Reference Room, 100 F Street, NE, Washington, DC 20549 on official business days between the hours of 10:00 a.m. and 3:00 p.m. Copies of the filing also will be available for inspection and copying at the principal office of OCC and on OCC’s website at hhttps://www.theocc.com/about/ publications/bylaws.jsp. All comments received will be posted without change. Persons submitting comments are cautioned that we do not redact or edit personal identifying information from comment submissions. You should submit only information that you wish to make available publicly. All submissions should refer to File Number SR–OCC–2017–811 and should be submitted on or before January 17, 2018. By the Commission. Eduardo A. Aleman, Assistant Secretary. [FR Doc. 2017–27832 Filed 12–26–17; 8:45 am] BILLING CODE 8011–01–P SOCIAL SECURITY ADMINISTRATION [Docket No. SSA 2017–0002] Privacy Act of 1974; Matching Program AGENCY: Social Security Administration (SSA). Notice of a New Matching Program. ACTION: In accordance with the provisions of the Privacy Act, as amended, this notice announces a new matching program with the Railroad Retirement Board (RRB). DATES: The deadline to submit comments on the proposed matching SUMMARY: E:\FR\FM\27DEN1.SGM 27DEN1 daltland on DSKBBV9HB2PROD with NOTICES Federal Register / Vol. 82, No. 247 / Wednesday, December 27, 2017 / Notices program is 30 days from the date of publication of this notice. The matching program will be effective on October 1, 2017 and will expire on March 30, 2019. ADDRESSES: Interested parties may comment on this notice by either telefaxing to (410) 966–0869, writing to Mary Ann Zimmerman, Acting Executive Director, Office of Privacy and Disclosure, Office of the General Counsel, Social Security Administration, 617 Altmeyer Building, 6401 Security Boulevard, Baltimore, MD 21235–6401, or email at Mary.Ann.Zimmerman@ssa.gov. All comments received will be available for public inspection at this address. FOR FURTHER INFORMATION CONTACT: Interested parties may submit general questions about the matching program to Mary Ann Zimmerman, Acting Executive Director, Office of Privacy and Disclosure, Office of the General Counsel, by any of the means shown above. SUPPLEMENTARY INFORMATION: The Computer Matching and Privacy Protection Act of 1988 (Public Law (Pub. L.) 100–503), amended the Privacy Act (5 U.S.C. 552a) by describing the conditions under which computer matching involving the Federal government could be performed and adding certain protections for persons applying for, and receiving, Federal benefits. Section 7201 of the Omnibus Budget Reconciliation Act of 1990 (Pub. L. 101–508) further amended the Privacy Act regarding protections for such persons. The Privacy Act, as amended, regulates the use of computer matching by Federal agencies when records in a system of records are matched with other Federal, State, or local government records. It requires Federal agencies involved in computer matching programs to: (1) Negotiate written agreements with the other agency or agencies participating in the matching programs; (2) Obtain approval of the matching agreement by the Data Integrity Boards of the participating Federal agencies; (3) Publish notice of the matching program in the Federal Register; (4) Furnish detailed reports about matching programs to Congress and OMB; (5) Notify applicants and beneficiaries that their records are subject to matching; and (6) Verify match findings before reducing, suspending, terminating, or denying a person’s benefits or payments. SSA has taken action to ensure that all of its matching programs comply VerDate Sep<11>2014 21:43 Dec 26, 2017 Jkt 244001 with the requirements of the Privacy Act, as amended. Mary Ann Zimmerman, Acting Executive Director, Office of Privacy and Disclosure, Office of the General Counsel. 61361 SSA will conduct the match using each individual’s Social Security number, name, date of birth, RRB claim number, and RRB annuity payment amount in both RRB and MDB files. SYSTEM(S) OF RECORDS: PARTICIPATING AGENCIES: SSA and RRB AUTHORITY FOR CONDUCTING THE MATCHING PROGRAM: The legal authority for SSA to conduct this matching activity is sections 1144 and 1860D–14 of the Social Security Act (Act) (42 U.S.C. 1320b–14 and 1395w–114). PURPOSE(S): This matching agreement establishes the conditions under which the RRB will disclose to SSA information necessary to verify an individual’s selfcertification of eligibility for the Extra Help with Medicare Prescription Drug Plan Costs program (Extra Help). It will also enable SSA to identify individuals who may qualify for Extra Help as part of the agency’s Medicare outreach efforts. The individuals whose information is involved in this matching program are individuals who self-certify for Extra Help or may qualify for Extra Help. SSA matches RRB’s information with its Medicare Database File, which includes claimants, applicants, beneficiaries, ineligible spouses and potential claimants for Medicare Part A, Medicare Part B, Medicare Advantage Part C, Medicare Part D and for Medicare Part D prescription drug coverage subsidies. CATEGORIES OF RECORDS: RRB will transmit its annuity payment data monthly from its RRB–22 system of records. The file will consist of approximately 600,000 electronic records. RRB will transmit its Post Entitlement System file daily. The number of records will differ each day, but consist of approximately 3,000 to 4,000 records each month. RRB will transmit files on all Medicare eligible Qualified Railroad Retirement Beneficiaries from its RRB– 20 and RRB–22 systems of records to report address changes and subsidy changing event information monthly. The file will consist of approximately 520,000 electronic records. The number of people who apply for Extra Help determines in part the number of records matched. SSA’s comparison file will consist of approximately 90 million records obtained from MDB. Frm 00111 Fmt 4703 Sfmt 4703 [FR Doc. 2017–27848 Filed 12–26–17; 8:45 am] BILLING CODE 4191–02–P DEPARTMENT OF STATE [Public Notice 10240] CATEGORIES OF INDIVIDUALS: PO 00000 RRB will provide SSA with data from its RRB–22 system of records, Railroad Retirement Survivors and Pension Benefits System, last published on September 30, 2014 (79 FR 58886), and RRB–20 systems of records, Health Insurance and Supplementary Medical Insurance Enrollment and Premium Payment System (Medicare), last published on May 15, 2015 (80 FR 28018). SSA will match RRB’s data with its Medicare Database (MDB) File, system of records No. 60–0321, published on July 25, 2006 (71 FR 42159), and amended on December 10, 2007 (72 FR 69723). Notice of Determinations; Culturally Significant Objects Imported for Exhibition Determinations: ‘‘Jasper Johns: ‘Something Resembling Truth’ ’’ Exhibition Notice is hereby given of the following determinations: I hereby determine that two objects to be included in the exhibition ‘‘Jasper Johns: ‘Something Resembling Truth,’ ’’ imported from abroad for temporary exhibition within the United States, are of cultural significance. The objects are imported pursuant to loan agreements with the foreign owners or custodians. I also determine that the exhibition or display of the exhibit objects at The Broad, Los Angeles, California, from on or about February 10, 2018, until on or about May 13, 2018, and at possible additional exhibitions or venues yet to be determined, is in the national interest. FOR FURTHER INFORMATION CONTACT: Elliot Chiu in the Office of the Legal Adviser, U.S. Department of State (telephone: 202–632–6471; email: section2459@state.gov). The mailing address is U.S. Department of State, L/ PD, SA–5, Suite 5H03, Washington, DC 20522–0505. SUPPLEMENTARY INFORMATION: The foregoing determinations were made pursuant to the authority vested in me by the Act of October 19, 1965 (79 Stat. 985; 22 U.S.C. 2459), E.O. 12047 of SUMMARY: E:\FR\FM\27DEN1.SGM 27DEN1

Agencies

[Federal Register Volume 82, Number 247 (Wednesday, December 27, 2017)]
[Notices]
[Pages 61360-61361]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-27848]


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SOCIAL SECURITY ADMINISTRATION

[Docket No. SSA 2017-0002]


Privacy Act of 1974; Matching Program

AGENCY: Social Security Administration (SSA).

ACTION: Notice of a New Matching Program.

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SUMMARY: In accordance with the provisions of the Privacy Act, as 
amended, this notice announces a new matching program with the Railroad 
Retirement Board (RRB).

DATES: The deadline to submit comments on the proposed matching

[[Page 61361]]

program is 30 days from the date of publication of this notice. The 
matching program will be effective on October 1, 2017 and will expire 
on March 30, 2019.

ADDRESSES: Interested parties may comment on this notice by either 
telefaxing to (410) 966-0869, writing to Mary Ann Zimmerman, Acting 
Executive Director, Office of Privacy and Disclosure, Office of the 
General Counsel, Social Security Administration, 617 Altmeyer Building, 
6401 Security Boulevard, Baltimore, MD 21235-6401, or email at 
[email protected]. All comments received will be available for 
public inspection at this address.

FOR FURTHER INFORMATION CONTACT: Interested parties may submit general 
questions about the matching program to Mary Ann Zimmerman, Acting 
Executive Director, Office of Privacy and Disclosure, Office of the 
General Counsel, by any of the means shown above.

SUPPLEMENTARY INFORMATION: The Computer Matching and Privacy Protection 
Act of 1988 (Public Law (Pub. L.) 100-503), amended the Privacy Act (5 
U.S.C. 552a) by describing the conditions under which computer matching 
involving the Federal government could be performed and adding certain 
protections for persons applying for, and receiving, Federal benefits. 
Section 7201 of the Omnibus Budget Reconciliation Act of 1990 (Pub. L. 
101-508) further amended the Privacy Act regarding protections for such 
persons.
    The Privacy Act, as amended, regulates the use of computer matching 
by Federal agencies when records in a system of records are matched 
with other Federal, State, or local government records. It requires 
Federal agencies involved in computer matching programs to:
    (1) Negotiate written agreements with the other agency or agencies 
participating in the matching programs;
    (2) Obtain approval of the matching agreement by the Data Integrity 
Boards of the participating Federal agencies;
    (3) Publish notice of the matching program in the Federal Register;
    (4) Furnish detailed reports about matching programs to Congress 
and OMB;
    (5) Notify applicants and beneficiaries that their records are 
subject to matching; and
    (6) Verify match findings before reducing, suspending, terminating, 
or denying a person's benefits or payments.
    SSA has taken action to ensure that all of its matching programs 
comply with the requirements of the Privacy Act, as amended.

Mary Ann Zimmerman,
Acting Executive Director, Office of Privacy and Disclosure, Office of 
the General Counsel.

PARTICIPATING AGENCIES:
    SSA and RRB

AUTHORITY FOR CONDUCTING THE MATCHING PROGRAM:
    The legal authority for SSA to conduct this matching activity is 
sections 1144 and 1860D-14 of the Social Security Act (Act) (42 U.S.C. 
1320b-14 and 1395w-114).

PURPOSE(S):
    This matching agreement establishes the conditions under which the 
RRB will disclose to SSA information necessary to verify an 
individual's self-certification of eligibility for the Extra Help with 
Medicare Prescription Drug Plan Costs program (Extra Help). It will 
also enable SSA to identify individuals who may qualify for Extra Help 
as part of the agency's Medicare outreach efforts.

CATEGORIES OF INDIVIDUALS:
    The individuals whose information is involved in this matching 
program are individuals who self-certify for Extra Help or may qualify 
for Extra Help. SSA matches RRB's information with its Medicare 
Database File, which includes claimants, applicants, beneficiaries, 
ineligible spouses and potential claimants for Medicare Part A, 
Medicare Part B, Medicare Advantage Part C, Medicare Part D and for 
Medicare Part D prescription drug coverage subsidies.

CATEGORIES OF RECORDS:
    RRB will transmit its annuity payment data monthly from its RRB-22 
system of records. The file will consist of approximately 600,000 
electronic records.
    RRB will transmit its Post Entitlement System file daily. The 
number of records will differ each day, but consist of approximately 
3,000 to 4,000 records each month.
    RRB will transmit files on all Medicare eligible Qualified Railroad 
Retirement Beneficiaries from its RRB-20 and RRB-22 systems of records 
to report address changes and subsidy changing event information 
monthly. The file will consist of approximately 520,000 electronic 
records. The number of people who apply for Extra Help determines in 
part the number of records matched.
    SSA's comparison file will consist of approximately 90 million 
records obtained from MDB.
    SSA will conduct the match using each individual's Social Security 
number, name, date of birth, RRB claim number, and RRB annuity payment 
amount in both RRB and MDB files.

SYSTEM(S) OF RECORDS:
    RRB will provide SSA with data from its RRB-22 system of records, 
Railroad Retirement Survivors and Pension Benefits System, last 
published on September 30, 2014 (79 FR 58886), and RRB-20 systems of 
records, Health Insurance and Supplementary Medical Insurance 
Enrollment and Premium Payment System (Medicare), last published on May 
15, 2015 (80 FR 28018).
    SSA will match RRB's data with its Medicare Database (MDB) File, 
system of records No. 60-0321, published on July 25, 2006 (71 FR 
42159), and amended on December 10, 2007 (72 FR 69723).

[FR Doc. 2017-27848 Filed 12-26-17; 8:45 am]
 BILLING CODE 4191-02-P