12 CFR Part 266 — Limitations on Activities of Former Members and Employees of the Board

PART 266—LIMITATIONS ON ACTIVITIES OF FORMER MEMBERS AND EMPLOYEES OF THE BOARD Authority: Sec. 11(i), Federal Reserve Act (12 U.S.C. 248(i)); 5 U.S.C. 552. Source: 38 FR 31672, Nov. 16, 1973, unless otherwise noted. § 266.1 Basis and scope. This part, issued under authority of section 11(i) of the Federal Reserve Act (12 U.S.C. 248(i)), and pursuant to section 552 of title 5 of the United States Code, which requires that every agency shall publish in the Federal Register 1 1 § 266.2 Definitions. (a) Employee 2 2 (b) Official responsibility, (c) Appear personally § 266.3 Limitations. (a) Matters on which Board member or employee worked. (b) Matters within Board member or employee's official responsibility. (c) Consultation as to propriety of appearance before the Board. (d) Rulemaking proceedings. (e) Effective date. § 266.4 Suspension of appearance privilege. If any person knowingly and willfully fails to comply with the provisions of this part, the Board may decline to permit such person to appear personally before it or a Federal Reserve Bank for such periods of time as it may determine and may impose such other sanctions as the Board may deem just and proper. § 266.5 Criminal penalties. Any former member or employee of the Board who engages in actions in contravention of paragraph (a) or (b) of § 266.3 may be subject to criminal penalties for violation of section 207 of the United States Criminal Code (18 U.S.C. 207).

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