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Informational Memorandum
Subject:Request for Public Comments on Electronic Commerce
Date of Memorandum:02/15/2000
Expiration Date:
Office:OPA
Signed By:McKenzie, Thomas
FCA Contact Person:DiMuzio Patricia
Contact Phone:
List of Attachments:

INFORMATIONAL MEMORANDUM





February 15, 2000


To: Chairman, Board of Directors

All Farm Credit System Institutions

From: Thomas G. McKenzie, Director
Office of Policy and Analysis

Subject: Request for Public Comments on Electronic Commerce


To promote the growth of electronic commerce, on November 29, 1999, President Clinton asked Federal agencies to adapt policies, laws, and regulations on electronic commerce, electronic services, and electronic transmissions. Also, he directed the Department of Commerce to establish a work group to invite public comment on how the Federal government could adjust to the electronic environment while ensuring existing protections for the public. The Department of Commerce's work group published their request for public comment on February 1, 2000.

The purpose of this informational memorandum is to advise you of the Department of Commerce's request for comments on facilitating electronic commerce. This is your opportunity to suggest how the Farm Credit Act or its implementing regulations could better accommodate electronic commerce. We welcome your ideas about how we can make electronic communications with the FCA or with your borrowers easier.

We are attaching a copy of work group’s Federal Register notice to this informational memorandum. The public comment period closes March 17, 2000. As the notice states, the work group will eventually forward comments applicable to Farm Credit Administration to us. We encourage you to respond to them and ask that you also send a copy of your comments and suggestions electronically to our "reg-comm@fca.gov" electronic mail address. Alternatively, you can mail your comments and suggestions to Patricia W. DiMuzio, Director, Regulation and Policy Division, Office of Policy and Analysis, Farm Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090 or fax them to (703) 734-5784. If you have any questions about this document, please e-mail Patricia W. DiMuzio at dimuziop@fca.gov or call her at (703) 883-4498.

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