Federal Trade Commission March 29, 2007 – Federal Register Recent Federal Regulation Documents

Privacy Act of 1974; System of Records
Document Number: E7-5821
Type: Notice
Date: 2007-03-29
Agency: Federal Trade Commission, Agencies and Commissions
The FTC proposes to adopt a new routine use that would permit disclosure of FTC records governed by the Privacy Act when reasonably necessary to respond and prevent, minimize, or remedy harm that may result from an agency data breach or compromise.
Agency Information Collection Activities; Submission for OMB Review; Comment Request
Document Number: E7-5819
Type: Notice
Date: 2007-03-29
Agency: Federal Trade Commission, Agencies and Commissions
The Federal Trade Commission (``FTC'' or ``Commission'') is seeking public comments on its proposal to extend the current Office of Management and Budget (``OMB'') clearance for information collection requirements contained in its Contact Lens Rule (``Rule'') from April 30, 2007 through April 30, 2010. The information collection requirements described below will be submitted to OMB for review as required by the Paperwork Reduction Act (``PRA'').
Agency Information Collection Activities; Submission for OMB Review; Comment Request
Document Number: E7-5818
Type: Notice
Date: 2007-03-29
Agency: Federal Trade Commission, Agencies and Commissions
The information collection requirements described below will be submitted to the Office of Management and Budget (``OMB'') for review, as required by the Paperwork Reduction Act (``PRA''). The Federal Trade Commission (``FTC'' or ``Commission'') is seeking public comments on its proposal to extend through June 30, 2010 the current OMB clearance for information collection requirements contained in its Identity Theft Report Definition Rule (``Rule''). That clearance expires on June 30, 2007.
Interagency Proposal for Model Privacy Form Under the Gramm-Leach-Bliley Act
Document Number: 07-1476
Type: Proposed Rule
Date: 2007-03-29
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Federal Trade Commission, National Credit Union Administration, Securities and Exchange Commission, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury, Office of Thrift Supervision, Commodity Futures Trading Commission
The OCC, Board, FDIC, OTS, NCUA, FTC, CFTC, and SEC (the Agencies) are proposing amendments to their rules that implement the privacy provisions of the Gramm-Leach-Bliley Act (GLB Act), Title V, Subtitle A. These rules require financial institutions to provide initial and annual privacy notices to their customers. As required under section 728 of the Financial Services Regulatory Relief Act of 2006 (Regulatory Relief Act or Act), the Agencies are proposing a safe harbor model privacy form that financial institutions may use to provide disclosures under the privacy rules. Institutions that use notices based on the Sample Clauses currently contained in most of the privacy rules would lose the benefit of a safe harbor for compliance with respect to those notices if they are provided more than one year following the date of publication of a final rule. Similarly, institutions that use notices based on the Sample Clauses in the SEC's privacy rule could no longer rely on the guidance provided with respect to those notices if they are provided more than one year following the date of publication of a final rule.