On the recordJuly 29, 2005
I thank the gentleman. Section 1287 of the conference report to accompany H.R. 6 includes rulemaking authority for the Federal Trade Commission to adopt rules protecting the privacy of electric consumers in connection with their receipt of electric utility services. Am I correct in understanding that it was the conference committee's intent to grant the FTC rulemaking authority with respect to the information practices of ``traditional'' utility companies and not financial institutions regulated by the Gramm-Leach-Bliley Act?
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