WASHINGTON - Responsibility for drafting the rules implementing the Gramm-Leach-Bliley Act is being parceled out among dozens of specialists. Although numerous agencies are involved, the bulk of the work will be done by the Federal Reserve Board and the Office of the Comptroller of the Currency.

OCC Chief Counsel Julie L. Williams is counting on her deputy, Ray Natter, and Karen Solomon, director of legislative and regulatory activities, to lead the agency's efforts.

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