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February 8, 1994 DO-94-008

MEMORANDUM

TO: Designated Agency Ethics Officials

FROM: Stephen D. Potts Director

SUBJECT: Extension of Grace Period for Certain Existing Agency Standards of Conduct

Attached is the final rule published by the Office of Government Ethics (OGE) on February 2, 1994, which grandfathers for up to an additional year certain agency standards of conduct regulations in effect prior to February 3, 1993. 59 Fed. Reg. 4779-4780. The Standards of Ethical Conduct for Employees of the Executive Branch grandfathered for one year after the effective date of the Standards, or until the earlier issuance of an agency supplemental regulation, preexisting agency regulations that prohibited the acquisition or holding of certain financial interests or required prior approval for outside employment activities. See notes following 5 C.F.R. §§ 2635.403(a) and 2635.803. The initial grace period expired on February 3, 1994.

The attached final rule extends the grace period for an additional year, until February 3, 1995, to provide the 52 agencies listed in new appendix A to part 2635 additional time to issue supplemental regulations. By DAEOgram (DO-93-033) dated November 22, 1993, OGE gave agencies that had not earlier done so an opportunity to provide notice of their intent to issue supplemental regulations. The 52 agencies listed in the attached final rule are those that provided such notice but had not issued interim or final supplemental regulations. For other agencies that have not issued interim or final supplemental regulations, the original grace period expired, as noted above, this past February 3.

Attachment

(TEBBS Note: The final rule is not provided here, but it is available on the bulletin board. It can be accessed in the PUBLIC AFFAIRS category of both the BULLETINS (#8) and FILES (FR020294.TXT) sections)