# Rules of Practice for Hearings
> **US Federal Reserve System** · Final rule. · Published 2012-11-16 · Effective 2012-11-16 · 77 FR 68680
## Document
- **Document number:** 2012-27857
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 77 FR 68680
- **CFR reference:** 12 CFR 263
- **Publication date:** 2012-11-16
- **Effective date:** 2012-11-16
- **Docket:** Docket No. R-1451
## Abstract

The Board of Governors of the Federal Reserve System (the Board) is amending its rules of practice and procedure to adjust the amount of each civil money penalty (CMP) provided by law within its jurisdiction to account for inflation. This action is required under the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended by the Debt Collection Improvement Act of 1996.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/11/16/2012-27857/rules-of-practice-for-hearings)
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