(a) Matters on which Board member or employee worked. No former
member or employee of the Board shall appear personally before the
Board or a Federal Reserve Bank on behalf of anyone other than the
United States, an agency thereof, or a Federal Reserve Bank, in connection
with any judicial or other proceedings, application, request for ruling
or determination, or other particular matter involving a specific
party or parties in which the United States, an agency thereof, or
a Federal Reserve Bank is also a party or has a direct and substantial
interest and in which he participated personally and substantially
as a member or employee of the Board through approval, disapproval,
decision, recommendation, advice, investigation or otherwise.
(b) Matters within Board member
or employee’s official responsibility. No former member or employee
of the Board shall appear personally before the Board or a Federal
Reserve Bank on behalf of anyone other than the United States, an
agency thereof, or a Federal Reserve Bank, in connection with any
judicial or other proceeding, application, re quest for ruling or determination,
or other particular matter involving a specific party or parties in
which the United States, an agency thereof, or a Federal Reserve Bank
is also a party or has a direct and substantial interest, and which
matter was in process during his tenure of office or period of employment
and under his official Board responsibility, at any time within a
period of one year after the termination of such responsibility.
8-603
(c) Consultation as to propriety
of appearance before the Board. Any former member or employee
of the Board who wishes to personally appear before the Board or a
Federal Reserve Bank on behalf of any party other than the United
States or an agency thereof or a Federal Reserve Bank at any time
within two years from termination of employment with the Board is
advised to consult the general counsel or the secretary of the Board
as to the propriety of such appearance.
(d) Rulemaking proceedings. Nothing in this
section shall preclude a former member or employee of the Board from
representing another person in any Board or Federal Reserve Bank proceeding
governed by a rule, regulation, standard, or policy of the Board solely
by reason of the fact that such former member or employee participated
in or had official responsibility in the formation or adoption of
such rule, regulation, standard, or policy.
(e) Effective date. This part shall become
effective November 6, 1973. Notwithstanding the foregoing, the limitations
of this part shall not apply to any activities with respect to a specific
matter before the Board in which any former Board member or employee
may be engaged on September 21, 1973, the date of publication of this
part, until the expiration of 60 days following the effective date
of this part or of such additional period as the secretary of the
Board may determine to be appropriate in order to avoid inequity.
