12 CFR § 271.1 - Authority and purpose.

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§ 271.1 Authority and purpose.

(a)Authority. This part is issued by the Federal Open Market Committee (the Committee) pursuant to the Freedom of Information Act, 5 U.S.C. 552, and also pursuant to the Committee's authority under section 12A of the Federal Reserve Act, 12 U.S.C. 263, to issue regulations governing the conduct of its business.

(b)Purpose. This part sets forth the categories of information made available to the public and the procedures for obtaining documents and records.