83 FR 1182 - Rules of Practice for Hearings
FEDERAL RESERVE SYSTEM Federal Register Volume 83, Issue 7 (January 10, 2018)
Federal Register Volume 83, Issue 7 (January 10, 2018)
| Page Range | 1182-1184 | |
| FR Document | 2018-00227 |
[Federal Register Volume 83, Number 7 (Wednesday, January 10, 2018)] [Rules and Regulations] [Pages 1182-1184] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-00227] ======================================================================= ----------------------------------------------------------------------- FEDERAL RESERVE SYSTEM 12 CFR Part 263 [Docket No. R-1595] RIN 7100 AE 95 Rules of Practice for Hearings AGENCY: Board of Governors of the Federal Reserve System. ACTION: Final rule. ----------------------------------------------------------------------- SUMMARY: The Board of Governors of the Federal Reserve System (the ``Board'') is issuing a final rule amending its rules of practice and procedure to adjust the amount of each civil money penalty (``CMP'') provided by law within its jurisdiction to account for inflation as required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015. DATES: This final rule is effective on January 10, 2018. FOR FURTHER INFORMATION CONTACT: Patrick M. Bryan, Assistant General Counsel, (202) 974-7093, or Thomas O. Kelly, Senior Attorney, (202) 974-7059, Legal Division, Board of Governors of the Federal Reserve System, 20th Street and Constitution Ave. NW, Washington, DC 20551. For users of Telecommunication Device for the Deaf (TDD) only, contact (202) 263-4869. SUPPLEMENTARY INFORMATION: Federal Civil Penalties Inflation Adjustment Act The Federal Civil Penalties Inflation Adjustment Act of 1990, 28 U.S.C. 2461 note (``FCPIA Act''), requires federal agencies to adjust, by regulation, the CMPs within their jurisdiction to account for inflation. The Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (the ``2015 Act'') \1\ amended the FCPIA Act to [[Page 1183]] require federal agencies to make annual adjustments not later than January 15 of every year.\2\ The Board is now issuing a new final rule to set the CMP levels pursuant to the required annual adjustment for 2018. The Board will apply these adjusted maximum penalty levels to any penalties assessed on or after January 10, 2018, whose associated violations occurred on or after November 2, 2015. Penalties assessed for violations occurring prior to November 2, 2015 will be subject to the amounts set in the Board's 2012 adjustment pursuant to the FCPIA Act.\3\ --------------------------------------------------------------------------- \1\ Public Law 114-74, 129 Stat. 599 (2015) (codified at 28 U.S.C. 2461 note). \2\ 28 U.S.C. 2461 note, sec. 4(b)(1). \3\ 77 FR 68,680 (Nov. 16, 2012). --------------------------------------------------------------------------- Under the 2015 Act, the annual adjustment to be made for 2018 is the percentage by which the Consumer Price Index for the month of October 2017 exceeds the Consumer Price Index for the month of October 2016. On December 15, 2017, as directed by the 2015 Act, the Office of Management and Budget (OMB) issued guidance to affected agencies on implementing the required annual adjustment which included the relevant inflation multiplier.\4\ Using OMB's multiplier, the Board calculated the adjusted penalties for its CMPs, rounding the penalties to the nearest dollar.\5\ --------------------------------------------------------------------------- \4\ OMB Memorandum M-18-03, Implementation of Penalty Inflation Adjustments for 2018, Pursuant to the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 (Dec. 15, 2017). \5\ Under the 2015 Act and implementing OMB guidance, agencies are not required to make an adjustment to a CMP if, during the 12 months preceding the required adjustment, such penalty increased due to a law other than the 2015 Act by an amount greater than the amount of the required adjustment. No other laws have adjusted the CMPs within the Board's jurisdiction during the preceding 12 months. --------------------------------------------------------------------------- Administrative Procedure Act The 2015 Act states that agencies shall make the annual adjustment ``notwithstanding section 553 of title 5, United States Code.'' Therefore, this rule is not subject to the provisions of the Administrative Procedure Act (the ``APA''), 5 U.S.C. 553, requiring notice, public participation, and deferred effective date. Regulatory Flexibility Act The Regulatory Flexibility Act, 5 U.S.C. 601 et seq., requires a regulatory flexibility analysis only for rules for which an agency is required to publish a general notice of proposed rulemaking. Because the 2015 Act states that agencies' annual adjustments are to be made notwithstanding section 553 of title 5 of United States Code--the APA section requiring notice of proposed rulemaking--the Board is not publishing a notice of proposed rulemaking. Therefore, the Regulatory Flexibility Act does not apply. Paperwork Reduction Act There is no collection of information required by this final rule that would be subject to the Paperwork Reduction Act of 1995, 44 U.S.C. 3501 et seq. List of Subjects in 12 CFR Part 263 Administrative practice and procedure, Claims, Crime, Equal access to justice, Lawyers, Penalties. Authority and Issuance For the reasons set forth in the preamble, the Board amends 12 CFR part 263 as follows: PART 263--RULES OF PRACTICE FOR HEARINGS 0 1. The authority citation for part 263 continues to read as follows: Authority: 5 U.S.C. 504, 554-557; 12 U.S.C. 248, 324, 334, 347a, 504, 505, 1464, 1467, 1467a, 1817(j), 1818, 1820(k), 1829, 1831o, 1831p-1, 1832(c), 1847(b), 1847(d), 1884, 1972(2)(F), 3105, 3108, 3110, 3349, 3907, 3909(d), 4717; 15 U.S.C. 21, 78l(i), 78o-4, 78o-5, 78u-2; 1639e(k); 28 U.S.C. 2461 note; 31 U.S.C. 5321; and 42 U.S.C. 4012a. 0 2. Section 263.65 is revised to read as follows: Sec. 263.65 Civil money penalty inflation adjustments. (a) Inflation adjustments. In accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, which further amended the Federal Civil Penalties Inflation Adjustment Act of 1990, the Board has set forth in paragraph (b) of this section the adjusted maximum amounts for each civil money penalty provided by law within the Board's jurisdiction. The authorizing statutes contain the complete provisions under which the Board may seek a civil money penalty. The adjusted civil money penalties apply only to penalties assessed on or after January 10, 2018, whose associated violations occurred on or after November 2, 2015. (b) Maximum civil money penalties. The maximum (or, in the cases of 12 U.S.C. 334 and 1832(c), fixed) civil money penalties as set forth in the referenced statutory sections are set forth in the table in this paragraph (b). ------------------------------------------------------------------------ Adjusted civil Statute money penalty ------------------------------------------------------------------------ 12 U.S.C. 324: Inadvertently late or misleading reports, inter $3,928 alia.............................................. Other late or misleading reports, inter alia....... 39,278 Knowingly or reckless false or misleading reports, 1,963,870 inter alia........................................ 12 U.S.C. 334.......................................... 285 12 U.S.C. 374a......................................... 285 12 U.S.C. 504: First Tier......................................... 9,819 Second Tier........................................ 49,096 Third Tier......................................... 1,963,870 12 U.S.C. 505: First Tier......................................... 9,819 Second Tier........................................ 49,096 Third Tier......................................... 1,963,870 12 U.S.C. 1464(v)(4)................................... 3,928 12 U.S.C. 1464(v)(5)................................... 39,278 12 U.S.C. 1464(v)(6)................................... 1,963,870 12 U.S.C. 1467a(i)(2).................................. 49,096 12 U.S.C. 1467a(i)(3).................................. 49,096 12 U.S.C. 1467a(r): First Tier......................................... 3,928 [[Page 1184]] Second Tier........................................ 39,278 Third Tier......................................... 1,963,870 12 U.S.C. 1817(j)(16): First Tier......................................... 9,819 Second Tier........................................ 49,096 Third Tier......................................... 1,963,870 12 U.S.C. 1818(i)(2): First Tier......................................... 9,819 Second Tier........................................ 49,096 Third Tier......................................... 1,963,870 12 U.S.C. 1820(k)(6)(A)(ii)............................ 323,027 12 U.S.C. 1832(c)...................................... 2,852 12 U.S.C. 1847(b)...................................... 49,096 12 U.S.C. 1847(d): First Tier......................................... 3,928 Second Tier........................................ 39,278 Third Tier......................................... 1,963,870 12 U.S.C. 1884......................................... 285 12 U.S.C. 1972(2)(F): First Tier......................................... 9,819 Second Tier........................................ 49,096 Third Tier......................................... 1,963,870 12 U.S.C. 3110(a)...................................... 44,881 12 U.S.C. 3110(c): First Tier......................................... 3,591 Second Tier........................................ 35,904 Third Tier......................................... 1,795,216 12 U.S.C. 3909(d)...................................... 2,443 15 U.S.C. 78u-2(b)(1): For a natural person............................... 9,239 For any other person............................... 92,383 15 U.S.C. 78u-2(b)(2) For a natural person............................... 92,383 For any other person............................... 461,916 15 U.S.C. 78u-2(b)(3): For a natural person............................... 184,767 For any other person............................... 923,831 15 U.S.C. 1639e(k)(1).................................. 11,279 15 U.S.C. 1639e(k)(2).................................. 22,556 42 U.S.C. 4012a(f)(5).................................. 2,133 ------------------------------------------------------------------------ By order of the Board of Governors of the Federal Reserve System, January 4, 2018. Ann E. Misback, Secretary of the Board. [FR Doc. 2018-00227 Filed 1-9-18; 8:45 am] BILLING CODE 6210-01-P
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reconsideration of the emergency order. § 205.389 Rehearing and judicial review. grid security emergency for which that
All such requests must be submitted in The procedures of Part III of the order was issued has ended, and that
writing to the Secretary. The Federal Power Act apply to motions for protective or mitigation measures
Department will post all such requests rehearing of an emergency order. A required by that order have been
on the DOE website consistent with 10 request for clarification or sufficiently taken.
CFR part 1004. To the extent the reconsideration filed under § 205.385 of (c) An entity or entities subject to an
ordered entity believes the grid security this subpart, if the filling entity so emergency order issued under this
emergency order lacks necessary clarity designates, may serve as a request for subpart may, at any time, request
for implementation, or conflicts with rehearing pursuant to section 313(a) of termination of the emergency order by
the technically feasible operations of the the Federal Power Act. demonstrating, in a petition to the
electric grid or existing regulatory Secretary, that the emergency no longer
requirements, the ordered entity should § 205.390 Liability exemptions. exists and that protective or mitigation
seek immediate clarification from the (a) To the extent any action or measures required by the order have
Department. omission taken by an entity that is been sufficiently taken.
(b) Upon receipt of a request for necessary to comply with an emergency [FR Doc. 2018–00259 Filed 1–9–18; 8:45 am]
clarification or reconsideration, the order issued pursuant to section
BILLING CODE 6450–01–P
Secretary may, in his or her sole 215A(b)(1) of the Federal Power Act and
discretion, order a stay of the emergency this Part, including any action or
order for which such clarification or omission taken to voluntarily comply
with such order, results in FEDERAL RESERVE SYSTEM
rehearing is sought. The Secretary will
act as soon as practicable on each noncompliance with, or causes such 12 CFR Part 263
request, with or without further entity not to comply with any rule,
order, regulation, or provision of or [Docket No. R–1595]
proceedings. Such responsive actions
may include granting or denying the under the Federal Power Act, including RIN 7100 AE 95
request or abrogating or modifying the any reliability standard approved by the
order, in whole or in part. Federal Energy Regulatory Commission Rules of Practice for Hearings
pursuant to section 215 of the Federal
§ 205.386 Temporary access to classified Power Act, the Department will not AGENCY: Board of Governors of the
and sensitive information. consider such action or omission to be Federal Reserve System.
(a) To the extent practicable, and a violation of such rule, order, ACTION: Final rule.
consistent with obligations to protect regulation, or provision. SUMMARY: The Board of Governors of the
classified and sensitive information, the (b) The Department will treat an
Federal Reserve System (the ‘‘Board’’) is
Secretary may provide temporary access action or omission by an owner,
issuing a final rule amending its rules of
to classified and sensitive information, operator, or user of critical electric
practice and procedure to adjust the
at the level necessary in light of the infrastructure or of defense critical
amount of each civil money penalty
conditions of the incident, related to a electric infrastructure to comply with an
(‘‘CMP’’) provided by law within its
grid security emergency for which emergency order issued pursuant to
jurisdiction to account for inflation as
emergency measures are issued to key section 215A(b)(1) of the Federal Power
required by the Federal Civil Penalties
personnel of any entity subject to such Act as the functional equivalent of an
Inflation Adjustment Act Improvements
emergency measures, to the extent the action or omission taken to comply with
Act of 2015.
Secretary deems necessary under the an order issued under section 202(c) of
circumstances. The purpose of this DATES: This final rule is effective on
the Federal Power Act for purposes of
access, as defined under section section 202(c). January 10, 2018.
215A(b)(7) of the Federal Power Act, is (c) The liability exemptions specified FOR FURTHER INFORMATION CONTACT:
to enable optimum communication in paragraphs (a) and (b) of this section Patrick M. Bryan, Assistant General
between the entity and the Secretary do not apply to an entity that, in the Counsel, (202) 974–7093, or Thomas O.
and other appropriate Federal agencies course of complying with an emergency Kelly, Senior Attorney, (202) 974–7059,
regarding the grid security emergency. order by taking an action or omission for Legal Division, Board of Governors of
(b) CEII will be shared, where deemed which the entity would otherwise be the Federal Reserve System, 20th Street
necessary by the Secretary, in liable, takes such action or omission in and Constitution Ave. NW, Washington,
accordance with 10 CFR part 1004. a grossly negligent manner. DC 20551. For users of
Telecommunication Device for the Deaf
§ 205.387 Tracking compliance. § 205.391 Termination of an emergency (TDD) only, contact (202) 263–4869.
Beginning at the time the Secretary order.
SUPPLEMENTARY INFORMATION:
issues an emergency order, the (a) An emergency order will expire no
Department may, at the discretion of the later than 15 days after its issuance. The Federal Civil Penalties Inflation
Secretary, require the entity or entities Secretary may reissue an emergency Adjustment Act
subject to an emergency order to order for subsequent periods, not to The Federal Civil Penalties Inflation
provide a detailed account of actions exceed 15 days for each such period, Adjustment Act of 1990, 28 U.S.C. 2461
taken to comply with the terms of the provided that the President, for each note (‘‘FCPIA Act’’), requires federal
emergency order. such period, issues and provides to the agencies to adjust, by regulation, the
Secretary a written directive or CMPs within their jurisdiction to
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§ 205.388 Enforcement. determination that the grid security account for inflation. The Federal Civil
In accordance with available emergency for which the Secretary Penalties Inflation Adjustment Act
enforcement authorities, the Secretary intends to reissue an emergency order Improvements Act of 2015 (the ‘‘2015
may take or seek enforcement action continues to exist or that the emergency Act’’) 1 amended the FCPIA Act to
against any entity subject to an measures continue to be required.
emergency order who fails to comply (b) The Secretary may rescind an 1 Public Law 114–74, 129 Stat. 599 (2015)
with the terms of that emergency order. emergency order after finding that the (codified at 28 U.S.C. 2461 note).
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Adjusted civil
Statute money penalty
Second Tier ................................................................................................................................................................................ 39,278
Third Tier .................................................................................................................................................................................... 1,963,870
12 U.S.C. 1817(j)(16):
First Tier ..................................................................................................................................................................................... 9,819
Second Tier ................................................................................................................................................................................ 49,096
Third Tier .................................................................................................................................................................................... 1,963,870
12 U.S.C. 1818(i)(2):
First Tier ..................................................................................................................................................................................... 9,819
Second Tier ................................................................................................................................................................................ 49,096
Third Tier .................................................................................................................................................................................... 1,963,870
12 U.S.C. 1820(k)(6)(A)(ii) ................................................................................................................................................................. 323,027
12 U.S.C. 1832(c) .............................................................................................................................................................................. 2,852
12 U.S.C. 1847(b) .............................................................................................................................................................................. 49,096
12 U.S.C. 1847(d):
First Tier ..................................................................................................................................................................................... 3,928
Second Tier ................................................................................................................................................................................ 39,278
Third Tier .................................................................................................................................................................................... 1,963,870
12 U.S.C. 1884 .................................................................................................................................................................................. 285
12 U.S.C. 1972(2)(F):
First Tier ..................................................................................................................................................................................... 9,819
Second Tier ................................................................................................................................................................................ 49,096
Third Tier .................................................................................................................................................................................... 1,963,870
12 U.S.C. 3110(a) .............................................................................................................................................................................. 44,881
12 U.S.C. 3110(c):
First Tier ..................................................................................................................................................................................... 3,591
Second Tier ................................................................................................................................................................................ 35,904
Third Tier .................................................................................................................................................................................... 1,795,216
12 U.S.C. 3909(d) .............................................................................................................................................................................. 2,443
15 U.S.C. 78u–2(b)(1):
For a natural person ................................................................................................................................................................... 9,239
For any other person .................................................................................................................................................................. 92,383
15 U.S.C. 78u–2(b)(2)
For a natural person ................................................................................................................................................................... 92,383
For any other person .................................................................................................................................................................. 461,916
15 U.S.C. 78u–2(b)(3):
For a natural person ................................................................................................................................................................... 184,767
For any other person .................................................................................................................................................................. 923,831
15 U.S.C. 1639e(k)(1) ....................................................................................................................................................................... 11,279
15 U.S.C. 1639e(k)(2) ....................................................................................................................................................................... 22,556
42 U.S.C. 4012a(f)(5) ........................................................................................................................................................................ 2,133
By order of the Board of Governors of the Memorial Airport, Pueblo, CO. The Pueblo, CO. Subsequent to publication,
Federal Reserve System, January 4, 2018. airspace description for the airport in the FAA identified a clerical error in the
Ann E. Misback, Class E airspace designated as an legal description of the Class E airspace
Secretary of the Board. extension to a Class D surface area designated as an extension to a Class D
[FR Doc. 2018–00227 Filed 1–9–18; 8:45 am] contained a wording error. or Class E surface area at Pueblo
BILLING CODE 6210–01–P DATES: Effective date 0901 UTC, Memorial Airport. This correction
February 1, 2018. The Director of the changes the words ‘‘. . . from 700 feet
Federal Register approves this above the surface . . .’’ to read ‘‘. . .
DEPARTMENT OF TRANSPORTATION incorporation by reference action under from the surface. . . .’’
title 1, Code of Federal Regulations, part
Federal Aviation Administration 51, subject to the annual revision of Correction to Final Rule
FAA Order 7400.11 and publication of
conforming amendments. Accordingly, pursuant to the
14 CFR Part 71 authority delegated to me, in the
FOR FURTHER INFORMATION CONTACT: Tom
[Docket No. FAA–2017–0666; Airspace Federal Register of November 27, 2017
Clark, Federal Aviation Administration,
Docket No. 17–ANM–15]
Operations Support Group, Western (82 FR 55943) FR Doc. 2017–25310,
Service Center, 1601 Lind Avenue SW, Amendment of Class D and Class E
Amendment of Class D and Class E Airspace; Pueblo, CO, is corrected as
Airspace; Pueblo, CO Renton, WA 98057; telephone (425)
203–4511. follows:
AGENCY: Federal Aviation SUPPLEMENTARY INFORMATION: § 71.1 [Amended]
jstallworth on DSKBBY8HB2PROD with RULES
Administration (FAA), DOT.
History ANM CO E4 Pueblo, CO [Corrected]
ACTION: Final rule, correction.
The FAA published a final rule in the
SUMMARY: This action corrects a final Federal Register (82 FR 55943, ■ On page 55945, column 1, lines 14
rule published in the Federal Register November 27, 2017) Docket No. FAA– and 15, the words ‘‘That airspace
of November 27, 2017, that amends 2017–0666 amending Class D and Class extending upward from 700 feet above
Class D and Class E airspace at Pueblo E airspace at Pueblo Memorial Airport, the surface’’ are corrected to read ‘‘That
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Document Created: 2018-10-26 09:34:15
Document Modified: 2018-10-26 09:34:15
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Rules and Regulations | |
| Action | Final rule. | |
| Dates | This final rule is effective on January 10, 2018. | |
| Contact | Patrick M. Bryan, Assistant General Counsel, (202) 974-7093, or Thomas O. Kelly, Senior Attorney, (202) 974-7059, Legal Division, Board of Governors of the Federal Reserve System, 20th Street and Constitution Ave. NW, Washington, DC 20551. For users of Telecommunication Device for the Deaf (TDD) only, contact (202) 263-4869. | |
| FR Citation | 83 FR 1182 | |
| CFR Associated | Administrative Practice and Procedure; Claims; Crime; Equal Access to Justice; Lawyers and Penalties |
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