97-1862. Securities Credit Transactions; List of Marginable OTC Stocks; List of Foreign Margin Stocks  

  • [Federal Register Volume 62, Number 17 (Monday, January 27, 1997)]
    [Rules and Regulations]
    [Pages 3773-3779]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-1862]
    
    
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    FEDERAL RESERVE SYSTEM
    
    12 CFR Parts 207, 220, 221, and 224
    
    [Regulations G, T, U and X]
    
    
    Securities Credit Transactions; List of Marginable OTC Stocks; 
    List of Foreign Margin Stocks
    
    AGENCY: Board of Governors of the Federal Reserve System.
    
    ACTION: Final rule; determination of applicability of regulations.
    
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    SUMMARY: The List of Marginable OTC Stocks (OTC List) is composed of 
    stocks traded over-the-counter (OTC) in the United States that have 
    been determined by the Board of Governors of the Federal Reserve System 
    to be subject to the margin requirements under certain Federal Reserve 
    regulations. The List of Foreign Margin Stocks (Foreign List) is 
    composed of foreign equity securities that have met the Board's 
    eligibility criteria under Regulation T. The OTC List and the Foreign 
    List are published four times a year by the Board. This document sets 
    forth additions to and deletions from the previous OTC List and the 
    previous Foreign List.
    
    EFFECTIVE DATE: February 10, 1997.
    
    FOR FURTHER INFORMATION CONTACT: Peggy Wolffrum, Securities Regulation 
    Analyst, Division of Banking Supervision and Regulation, (202) 452-
    2781, Board of Governors of the Federal Reserve System, Washington, 
    D.C. 20551. For the hearing impaired only, contact Dorothea Thompson, 
    Telecommunications Device for the Deaf (TDD) at (202) 452-3544.
    
    SUPPLEMENTARY INFORMATION: Listed below are the deletions from and 
    additions to the Board's OTC List, which was last published on October 
    28, 1996 (61 FR 55555), and became effective November 12, 1996. A copy 
    of the complete OTC List is available from the Federal Reserve Banks.
        The OTC List includes those stocks traded over-the-counter in the 
    United States that meet the criteria in Regulations G, T and U (12 CFR 
    Parts 207, 220 and 221, respectively). This determination also affects 
    the applicability of Regulation X (12 CFR Part 224). These stocks have 
    the degree of national investor interest, the depth and breadth of 
    market, and the availability of information respecting the stock and 
    its issuer to warrant regulation in the same fashion as exchange-traded 
    securities. The OTC List also includes any OTC stock designated for 
    trading in the national market system (NMS security) under rules 
    approved by the Securities and Exchange Commission (SEC). Additional 
    OTC stocks may be designated as NMS securities in the interim between 
    the Board's quarterly publications. They will become automatically 
    marginable upon the effective date of their NMS designation. The names 
    of these stocks are available at the SEC and at the National 
    Association of Securities Dealers, Inc. and will be incorporated into 
    the Board's next quarterly publication of the OTC List.
        Also listed below are the deletions from and additions to the 
    Foreign List which was last published on October 28, 1996 (61 FR 55555) 
    and became effective November 12, 1996. A copy of the complete Foreign 
    List is available from the Federal Reserve banks.
    
    Public Comment and Deferred Effective Date
    
        The requirements of 5 U.S.C. 553 with respect to notice and public 
    participation were not followed in connection with the issuance of this 
    amendment due to the objective character of the criteria for inclusion 
    and continued inclusion on the Lists specified in 12 CFR 207.6(a) and 
    (b), 220.17(a), (b), (c) and (d), and 221.7(a) and (b). No additional 
    useful information would be gained by public participation. The full 
    requirements of 5 U.S.C. 553 with respect to deferred effective date 
    have not been followed in connection with the issuance of this 
    amendment because the Board finds that it is in the public interest to 
    facilitate investment and credit decisions based in whole or in part 
    upon the composition of these Lists as soon as possible. The Board has 
    responded to a request by the public and allowed approximately a two-
    week delay before the Lists are effective.
    
    List of Subjects
    
    12 CFR Part 207
    
        Banks, Banking, Credit, Margin, Margin requirements, National 
    Market System (NMS Security), Reporting and recordkeeping requirements, 
    Securities.
    
    12 CFR Part 220
    
        Banks, Banking, Brokers, Credit, Margin, Margin requirements, 
    Investments, National Market System (NMS Security), Reporting and 
    recordkeeping requirements, Securities.
    
    12 CFR Part 221
    
        Banks, Banking, Credit, Margin, Margin requirements, National 
    Market System (NMS Security), Reporting and recordkeeping requirements, 
    Securities.
    
    12 CFR Part 224
    
        Banks, Banking, Borrowers, Credit, Margin, Margin requirements, 
    Reporting and recordkeeping requirements, Securities.
    
        Accordingly, pursuant to the authority of sections 7 and 23 of the 
    Securities Exchange Act of 1934, as amended (15 U.S.C. 78g and 78w), 
    and in accordance with 12 CFR 207.2(k) and 207.6 (Regulation G), 12 CFR 
    220.2 and 220.17 (Regulation T), and 12 CFR 221.2(j) and 221.7 
    (Regulation U), there is set forth below a listing of deletions from 
    and additions to the OTC List and the Foreign List.
    
    Deletions From the List Of Marginable OTC Stocks
    
    Stocks Removed for Failing Continued Listing Requirements
    
    50-OFF STORES, INC.
        $.01 par common
    ASTROSYSTEMS, INC.
        $.10 par common
    BRADLEY PHARMACEUTICALS, INC.
        Class A, warrants (expire 11-12-96)
        Class B, warrants (expire 11-12-96)
        Class D, warrants (expire 12-09-96)
    CAM-NET COMMUNICATIONS NETWORK, INC.
        No par common
    CREATIVE TECHNOLOGIES CORP.
        $.03 par common
    CRYOMEDICAL SCIENCES, INC.
        $.001 par common
    D & N FINANCIAL CORPORATION
        Warrants (expire 12-31-96)
    EDMARK CORPORATION
        No par common
    EMBREX, INC.
        Warrants (expire 11-07-96)
    ENCON SYSTEMS, INC.
        $.01 par common
    EUROMED, INC.
        $.01 par common
    EVERGREEN MEDIA CORPORATION
        6% convertible exchangeable preferred
    FIRST COMMERCE CORPORATION
        $25.00 par cumulative preferred
    GENSIA, INC.
        Warrants (expire 12-31-96)
        Rights (expire 12-31-96)
    GENZYME CORPORATION
    
    [[Page 3774]]
    
        Series N, warrants (expire 12-31-96)
    GRANT GEOPHYSICAL INC.
        $.002 par common
        $.01 par convertible exchangeable preferred
    HEALTHCARE IMAGING SERVICES, INC.
        Class B, redeemable warrants (expire 11-12-96)
    HYCOR BIOMEDICAL, INC.
        Warrants (expire 08-07-98)
    ITALIAN OVEN, INC., THE
        $.01 par common
    JG INDUSTRIES, INC.
        No par common
    KRUG INTERNATIONAL CORP.
        Warrants (expire 01-27-98)
    L. L. KNICKERBOCKER COMPANY
        Warrants (expire 01-24-97)
    LAM RESEARCH CORPORATION
        6% convertible subordinated debentures due 2003
    MEMOREX TELEX N.V.
        American Depositary Receipts
    MULTI-MARKET RADIO, INC.
        Class A, warrants (expire 03-23-99)
    NASTECH PHARMACEUTICAL COMPANY INC.
        Warrants (expire 12-07-96)
    NATIONAL CAPITAL MANAGEMENT CORPORATION
        $.01 par common
    NEOPROBE CORPORATION
        Class E, warrants (expire 11-12-96)
    NEOSTAR RETAIL GROUP, INC.
        $.01 par common
    NEOZYME II CORPORATION
        Units (expire 12-31-96)
    NOVATEK INTERNATIONAL, INC.
        No par common
    OLYMPIC FINANCIAL LTD. (MN)
        8% cumulative convertible exchangeable preferred
    ONBANCORP, INC. (NY)
        6.75% Series B, cumulative preferred
    PDK LABS, INC.
        Class C, warrants (expire 04-14-97)
    PROSPECT GROUP, INC., THE
        $.50 par common
    SANCHEZ COMPUTER ASSOCIATES, INC.
        Rights (expire 12-18-96)
    SMITH TECHNOLOGY CORPORATION
        $.01 par common
    SPRECKELS INDUSTRIES, INC.
        Class A, $.01 par common
    STAT HEALTHCARE, INC.
        Warrants (expire 04-21-98)
    TEE-COMM ELECTRONICS, INC.
        Purchase warrants (expire 11-22-96)
    TRANS WORLD GAMING CORPORATION
        $.001 par common Warrants (expire 12-15-99)
    WASHINGTON MUTUAL INC.
        Series D, $1.00 par convertible perpetual preferred
    WHARF RESOURCES, LTD.
        No par common
    
    Stocks Removed for Listing on a National Securities Exchange or 
    Being Involved in an Acquisition
    
    A+ NETWORK, INC.
        $.01 par common
    ACCUSTAFF INCORPORATED
        $.01 par common
    ADDINGTON RESOURCES, INC.
        No par common
    AEQUITRON MEDICAL, INC.
        $.01 par common
    AG SERVICES OF AMERICA, INC.
        No par common
    AMERICAN TRAVELLERS CORPORATION
        $.01 par common
    AMTROL INC.
        $.01 par common
    ARMOR ALL PRODUCTS CORPORATION
        $.01 par common
    BETTIS CORPORATION
        $.01 par common
    BIG B, INC.
        $.01 par common
    BIO-DENTAL TECHNOLOGIES CORPORATION
        $.01 par common
    BOATMEN'S BANCSHARES, INC. (Missouri)
        $1.00 par common
        Depositary Shares
    BOSTON TECHNOLOGY, INC.
        $.001 par common
    BUTLER MANUFACTURING COMPANY
        No par common
    BWAY CORPORATION
        $.01 par common
    CAREMATRIX CORPORATION
        $.01 par common
    CASCADE CORPORATION
        $.50 par common
    CENTER FINANCIAL CORPORATION
        $1.00 par common
    CENTRAL JERSEY FINANCIAL CORPORATION
        $1.00 par common
    CHARTER POWER SYSTEMS, INCORPORATED
        $.01 par common
    CITIZENS BANCORP (Maryland)
        $2.50 par common
    COLONIAL DATA TECHNOLOGIES CORPORATION
        $.01 par common
    COMSTOCK RESOURCES, INC.
        $.50 par common
    CONSOLIDATED PRODUCTS, INC.
        No par common
    CONTINENTAL WASTE INDUSTRIES, INC.
        $.001 par common
    CULP, INC.
        $.05 par common
    CUPERTINO NATIONAL BANCORP (California)
        No par common
    DATALOGIX INTERNATIONAL, INC.
        $.01 par common
    DAVCO RESTAURANTS, INC.
        $.001 par common
    DELPHI FINANCIAL GROUP, INC.
        Class A, $.01 par common
    DEPOSIT GUARANTY CORP.
        No par common
    ELECTROSTAR, INC.
        $.01 par common
    FALCON DRILLING COMPANY, INC.
        $.01 par common
    FAMILY BANCORP (Massachusetts)
        $.10 par common
    FARMERS & MECHANICS BANK (Connecticut)
        $.01 par common
    GENETICS INSTITUTE, INC.
        Depositary Shares
    GMIS INC.
        $.01 par common
    GREENSTONE INDUSTRIES, INC.
        $.001 par common
        Warrants (expire 07-20-99)
    HOME FEDERAL CORPORATION (Maryland)
        $1.00 par common
    HOME FINANCIAL CORPORATION
        $.10 par common
    IMPERIAL BANCORP (California)
        No par common
    IOMEGA CORPORATION
        $.0333 par common
    IPSCO INC.
        No par common
    JEFFERSON BANCORP, INC. (Florida)
        $1.00 par common
    JP FOODSERVICE, INC.
        $.01 par common
    KASH N KARRY FOOD STORES, INC.
        $.01 par common
    KRUG INTERNATIONAL CORP.
        No par common
    LEARNING COMPANY, INC., THE
        $.01 par common
    LXE, INC.
        $.01 par common
    MAGNA GROUP, INC.
        $2.00 par common
    MAIL-WELL, INC.
        $.01 par common
    META-SOFTWARE, INC.
        No par common
    METROPOLITAN BANCORP (Washington)
        $1.00 par common
    MFS COMMUNICATIONS COMPANY, INC.
        $.01 par common
        Depositary Shares
    MOUNTAIN PARKS FINANCIAL CORPORATION
        $.001 par common
    MULTI-MARKET RADIO, INC.
        Class A, $.01 par common
    NEOPHARM, INC.
        $.000429 par common
    NORTH SIDE SAVINGS BANK (New York)
    
    [[Page 3775]]
    
        $1.00 par common
    OM GROUP INC.
        $.01 par common
    OPAL, INC.
        $.01 par common
    OPEN ENVIRONMENT CORPORATION
        $.01 par common
    PACIFIC REHABILITATION & SPORTS MEDICINE INC.
        $.01 par common
    PARTNERRE LTD.
        $1.00 par common
    PAYCO AMERICAN CORPORATION
        $.10 par common
    PENRIL DATACOMM NETWORKS, INC.
        $.01 par common
    PEOPLES TELEPHONE COMPANY, INC.
        $.01 par common
    PET FOOD WAREHOUSE, INC.
        $.01 par common
    PHYSICIANS INSURANCE COMPANY OF OHIO
        Class A, $1.00 par common
    PXRE CORPORATION
        $.01 par common
    READICARE, INC.
        $.01 par common
    REDMAN INDUSTRIES INC.
        $.01 par common
    RICHFOOD HOLDINGS, INC.
        No par common
    ROCK-TENN COMPANY
        Class A, $.01 par common
    ROPER INDUSTRIES, INC.
        $.01 par common
    SAVOY PICTURES ENTERTAINMENT, INC.
        $.01 par common
    SEACOR HOLDINGS, INC.
        $.01 par common
    SITEL CORPORATION
        $.001 par common
    SKYLINE CHILI, INC.
        No par common
    SOFTWARE PUBLISHING CORPORATION
        No par common
    ST. JUDE MEDICAL, INC.
        $.10 par common
    STAT HEALTHCARE, INC.
        $.01 par common
    STERLING HEALTHCARE GROUP, INC.
        $.0001 par common
    SUDBURY, INC.
        $.01 par common
    SUNCOAST SAVINGS & LOAN ASSOCIATION (Florida)
        $1.10 par common
        Series A, $5.00 par non-cumulative convertible preferred
    SUNRISE BANCORP (California)
        No par common
    SUPERCUTS, INC.
        $.01 par common
    TELEBIT CORPORATION
        No par common
    TODAY'S BANCORP, INC.
        $5.00 par common
    TRANSNATIONAL RE CORPORATION
        Class A, $.01 par common
    TRANSPORT HOLDINGS, INC.
        Class A, $.01 par common
    UNION SWITCH & SIGNAL INC.
        $.01 par common
    US FACILITIES CORPORATION
        $.01 par common
    US ORDER, INC.
        $.001 par common
    UTAH MEDICAL PRODUCTS, INC.
        $.01 par common
    WALDEN BANCORP, INC.
        $1.00 par common
    WESTPORT BANCORP, INC. (Connecticut)
        $.01 par common
    WILLAMETTE INDUSTRIES, INC.
        $.50 par common
    WORKINGMENS CAPITAL HOLDINGS, INC.
        No par common
    ZYCON CORPORATION
        $.001 par common
    
    Additions to the List of Marginable OTC Stocks
    
    3D LABS INC. LIMITED
        $.01 par common
    3DX TECHNOLOGIES, INC.
        $.01 par common
    ACCELR8 TECHNOLOGY CORPORATION
        No par common
    ACCENT COLOR SCIENCES, INC.
        No par common
    ACCESS BEYOND, INC.
        $.01 par common
    ACTRADE INTERNATIONAL, LTD.
        $.001 par common
    ADVANCED AERODYNAMICS & STRUCTURES, INC.
        $.0001 par common
        Class A, warrants (expire 12-03-2001)
        Class B, warrants (expire 12-03-2001)
    ADVANCED RADIO TELECOM CORPORATION
        $.001 par common
    AFTERMARKET TECHNOLOGY CORPORATION
        $.01 par common
    ALL-COMM MEDIA CORPORATION
        $.01 par common
    ALLEGRO NEW MEDIA, INC.
        $.001 par common
    ALLIN COMMUNICATIONS CORPORATION
        $.01 par common
    ALYN CORPORATION
        $.001 par common
    AMERICAN MATERIALS & TECHNOLOGIES CORPORATION
        $.01 par common
    AMERICAN MEDSERVE CORPORATION
        $.01 par common
    AMSCAN HOLDINGS, INC.
        $.10 par common
    ANDEAN DEVELOPMENT CORPORATION
        Warrants (expire 11-12-2001)
    ANSALDO SIGNAL, NV
        Common shares (par NLS .01)
    APPLIED CELLULAR TECHNOLOGY, INC.
        $.001 par common
    APPLIED IMAGING CORPORATION
        $.001 par common
    AQUILA BIOPHARMACEUTICALS, INC.
        $.05 par common
    ARAMEX INTERNATIONAL LIMITED
        $.01 par common
    ARNOLD PALMER GOLF COMPANY
        $.50 par common
    ASHTON TECHNOLOGY GROUP, INC.
        $.01 par common
    AURUM SOFTWARE, INC.
        $.001 par common
    AUTOBAOND ACCEPTANCE CORPORATION
        No par common
    AVIRON
        $.001 par common
    AWARD SOFTWARE INTERNATIONAL, INC.
        No par common
    AXSYS TECHNOLOGIES, INC.
        $.01 par common
    B.O.S. BETTER ONLINE SOLUTIONS LTD.
        Common stock (NIS 1.00)
    BANKUNITED FINANCIAL CORPORATION (Florida)
        Series 1996, 8% par noncumulative convertible preferred
    BARRINGER TECHNOLOGIES, INC.
        $.01 par common
        Warrants (expire 11-12-99)
    BIACORE INTERNATIONAL AB
        American Depositary Receipts
    BIG FOOT FINANCIAL CORPORATION
        $.01 par common
    BITSTREAM, INC.
        $.01 par common
    BONE CARE INTERNATIONAL, INC.
        No par common
    BOSTON BIOMEDICA, INC.
        $.01 par common
    BOWLIN OUTDOOR ADVERTISING & TRAVEL CENTER, INC.
        $.001 par common
    BRAKE HEADQUARTERS U.S.A.
        $.001 par common
    CAL-MAINE FOODS, INC.
        $.01 par common
    CALIFORNIA FEDERAL BANK, FSB
        Secondary Contingent Litigation Recovery Participation Interests
    CALYPTE BIOMEDICAL CORPORATION
        $.001 par common
    CANDLEWOOD HOTEL COMPANY, INC.
        $.01 par common
    CAROLINA FINCORP, INC.
        No par common
    
    [[Page 3776]]
    
    CB COMMERCIAL REAL ESTATE SERVICES GROUP, INC.
        $.01 par common
    CD RADIO, INC.
        $.001 par common
    CNS BANCORP, INC. (Missouri)
        $10.00 par common
    COLT TELECOM GROUP PLC
        American Depositary Receipts
    COMPOSITECH LTD.
        $.01 par common
    COMPSCRIPT, INC.
        $.0008 par common
    CONSOLIDATED FREIGHTWAYS CORPORATION
        $.01 par common
    CREDIT MANAGMENT SOLUTIONS, INC.
        $.01 par common
    CUBIST PHARMACEUTICALS, INC.
        $.001 par common
    CV THERAPEUTICS, INC.
        $.001 par common
    CYBERMEDIA, INC.
        $.01 par common
    DANNINGR MEDICAL TECHNOLOGY, INC.
        $.01 par common
    DATA TRANSLATION, INC.
        $.01 par common
    DELGRATIA MINING CORPORATION
        No par common
    DELIA*S INC.
        $.01 par common
    DELPHOS CITIZENS BANCORP, INC.
        $.01 par common
    DONNELLEY ENTERPRISE SOLUTIONS, INCORPORATED
        $.01 par common
    DR. SOLOMON'S GROUP, PLC
        American Depository Receipts
    DYNAMIC MATERIALS CORPORATION
        $.05 par common
    EASTWIND GROUP, INC.
        $.10 par common
    ECSOFT GROUP PLC
        American Depository Receipts
    EDUCATION MANAGEMENT CORPORATION
        $.01 par common
    EDUCATIONAL MEDICAL, INC.
        $.01 par common
    EIDOS PLC
        American Depository Receipts
    ELBIT MEDICAL IMAGING LTD.
        Ordinary shares (1.0 NIS)
    ELBIT SYSTEMS, LTD.
        Ordinary shares (1.0 NIS)
    ELTRAX SYSTEMS, INC.
        $.01 par common
    EMERGENT GROUP, INC.
        $.05 par common
    ENAMELON, INC.
        $.001 par common
    EPITOPE, INCORPORATED
        No par common
    EPL TECHNOLOGIES, INC.
        $.001 par common
    EROX CORPORATION
        No par common
    EXACTECH, INC.
        $.01 par common
    FACTORY CARD OUTLET CORPORATION
        No par common
    FEDERAL AGRICULTURAL MORTGAGE CORPORATION
        Class C, non-voting, $1.00 par common
    FINANCIAL SERVICES ACQUISITION CORPORATION
        $.001 par common
        Series A, warrants (expire 11-30-2001)
        Series B, warrants (expire 11-30-2001)
    FIREARMS TRAINING SYSTEMS, INC.
        No par common
    FIRST COASTAL CORPORATION
        $1.00 par common
    FIRST LANCASTER BANCSHARES, INC. (Kentucky)
        $.01 par common
    FIRST LEESPORT BANCORP, INC. (Pennsylvania)
        $5.00 par common
    FIRST MARINER BANCORP (Maryland)
        $.05 par common
    FIRST REGIONAL BANCORP (California)
        No par common
    FIRST VIRTUAL HOLDINGS INCORPORATED
        $.001 par common
    FLETCHER'S FINE FOODS LIMITED
        No par common
    FLORIDA PANTHERS HOLDINGS, INC.
        Class A, $.01 par common
    FORELAND CORPORATION
        $.001 par common
    FORRESTER RESEARCH, INC.
        $.01 par common
    GEOTEL COMMUNICATIONS CORPORATION
        $.01 par common
    GOLD BANC CORPORATION, INC.
        $1.00 par common
    GOLETA NATIONAL BANK (California)
        $2.50 par common
    GRANITE FINANCIAL, INC.
        $.001 par common
    HEALTHDYNE INFORMATION ENTERPRISES, INC.
        $.01 par common
    HEATLCARE FINANCIAL PARTNERS, INC.
        $.01 par common
    HIGHWAY HOLDINGS LIMITED
        $.01 par common
        Warrants (expire 01-01-2001)
    HOME FINANCIAL BANCORP (Indiana)
        No par common
    HOMEGATE HOSPITALITY, INC.
        $.01 par common
    IA CORPORATION I
        $.01 par common
    INDEPENDENT BANK CORPORATION
        No par cumulative trust preferred securities
    INDIVIDUAL INVESTOR GROUP, INC.
        $.01 par common
    INDUSTRIAL HOLDINGS, INC.
        Class C, warrants (expire 01-14-99)
    INFINITY FINANCIAL TECHNOLOGY, INC.
        No par common
    INFORMATION MANAGEMENT RESOURCES, INC.
        $.10 par common
    INLAND RESOURCES, INC.
        $.001 par common
    INSCI CORPORATION
        $.01 par common
    INSTRUMENTATION LABORATORY SPA
        American Depositary Receipts
    INTEGRATED MEDICAL RESOURCES, INC.
        $.001 par common
    INTELIDATA TECHNOLOGIES CORPORATION
        $.001 par common
    INTERACTIVE FLIGHT TECHNOLOGIES, INC.
        $.01 par common
    INTERNATIONAL SPEEDWAY CORPORATION
        Class A, $.01 par common
    INTERNATIONAL TELECOMMUNICATION DATA SYSTEMS
        $.01 par common
    IRWIN FINANCIAL CORPORATION
        No par cumulative preferred
    K2 DESIGN, INC.
        $.01 par common
    KEVCO, INC.
        $.01 par common
    KIRLIN HOLDING CORPORATION
        $.001 par common
    LARSCOM INCORPORATED
        Class A, $.01 par common
    LB FINANCIAL, INC.
        $.01 par common
    LEADING EDGE PACKAGING, INC.
        $.01 par common
    LITHIA MOTORS, INC.
        Class A, no par common
    LONDON FINANCIAL CORPORATION
        No par common
    MANCHESTER EQUIPMENT CO., INC.
        $.01 par common
    MASTECH CORPORATION
        $.01 par common
    MAZEL STORES, INC.
        No par common
    MDSI MOBILE DATA SOLUTIONS, INC.
        No par common
    MEDCROSS, INC.
        $.007 par common
    MEDWAVE, INC.
        No par common
    MEGO MORTGAGE CORPORATION
        $.01 par common
    
    [[Page 3777]]
    
    METRIS COMPANIES, INC.
        $.01 par common
    METROPOLITAN FINANCIAL CORPORATION
        No par common
    MIAMI COMPUTER SUPPLY CORPORATION
        No par common
    MICROSOFT CORPORATION
        Series A, convertible exchangeable preferred
    MLC HOLDINGS, INC.
        $.01 par common
    MONEY STORE, INC., THE
        No par mandatory convertible preferred
    MULTICANANL PARTICIPACOES, S.A.
        American Depositary Receipts
    MULTIMEDIA CONCEPTS INTERNATIONAL, INC.
        $.001 par common
    N-VISION, INC.
        $.01 par common
    NATIONAL SECURITIES CORPORATION
        $.02 par common
    NATIONSBANK CORPORATION
        Depositary Shares
    NATURAL ALTERNATIVES INTERNATIONAL
        $.01 par common
    NCO GROUP, INC.
        No par common
    NORTH PITTSBURGH SYSTEMS, INC.
        $.1562 par common
    NUWAVE TECHNOLOGIES, INC.
        $.01 par common
    O'GARA COMPANY, THE
        $.01 par common
    OFFSHORE ENERGY DEVELOPMENT CORPORATION
        $.01 par common
    ON COMMAND CORPORATION
        Warrants (expire 10-08-2003)
        Class B, warrants (expire 10-08-2003)
    ONTRACK DATA INTERNATIONAL, INC.
        $.01 par common
    OPTIMAL ROBOTICS CORPORATION
        Class A, no par common
    PACIFIC CAPITAL BANCORP
        No par common
    PATIENT INFOSYSTEMS, INC.
        $.01 par common
    PJ AMERICA, INC.
        $.01 par common
    POWERWAVE TECHNOLOGIES, INC.
        $.0001 par common
    PRIMEX TECHNOLOGIES, INC.
        $1.00 par common
    PRIMUS TELECOMMUNICATIONS GROUP, INC.
        $.01 par common
    PROCOM TECHNOLOGY INCORPORATED
        No par common
    PROSOURCE, INC.
        Class A, $.01 par common
    PS FINANCIAL, INC.
        $.01 par common
    PUMA TECHNOLOGY, INC.
        $.001 par common
    RANKIN AUTOMOTIVE GROUP, INC.
        $.01 par common
    REAL GOODS TRADING CORPORATION
        No par common
    RIDGEVIEW, INC.
        $.01 par common
    ROADHOUSE GRILL, INC.
        $.01 par common
    ROGUE WAVE SOFTWARE, INC.
        $.01 par common
    ROSLYN BANCORP, INC. (New York)
        $.01 par common
    SANCHEZ COMPUTER ASSOCIATES, INC.
        No par common
    SEACHANGE INTERNATIONAL, INC.
        $.01 par common
    SEAMED CORPORATION
        No par common
    SECURITY BANK CORPORATION (Virginia)
        $5.00 par common
    SELECT APPOINTMENTS (HOLDINGS) PLC
        American Depositary Receipts
    SIBIA NEUROSCIENCES, INC.
        $.001 par common
    SIMULATION SCIENCES, INC.
        $.001 par common
    SKYMALL, INC.
        $.001 par common
    SMALLWORLDWIDE PLC
        American Depositary Receipts
    SMARTALK TELESERVICES, INC.
        No par common
    SOBIESKI BANCORP, INC. (Indiana)
        $.01 par common
    STAGE STORES, INC.
        $.01 par common
    STEEL DYNAMICS, INC.
        $.01 par common
    STEINER LEISURE LIMITED
        $.01 par common
    STEVEN MADDEN, LTD.
        Class B, warrants (expire 02-13-98)
    STYLING TECHNOLOGY CORPORATION
        $.0001 par common
    SUN HYDRAULICS CORPORATION
        $.001 par common
    SYMONS INTERNATIONAL GROUP, INC.
        No par common
    SYNTHETIC INDUSTRIES, INC.
        $1.00 par common
    T HQ, INC.
        $.0001 par common
    TCI SATELLITE ENTERTAINMENT, INC.
        Series A, $1.00 par common
        Series B, $1.00 par common
    TEAM AMERICA CORPORATION
        No par common
    TECHDYNE, INC.
        Warrants (expire 09-13-98)
    TESCO CORPORATION
        No par common
    THINK NEW IDEAS, INC.
        $.0001 par common
    TICKETMASTER GROUP, INC.
        No par common
    TITAN EXPLORATION, INC.
        $.01 par common
    TITAN PHARMACEUTICALS, INC.
        $.001 par common
    TMP WORLDWIDE, INC.
        No par common
    TOWER TECH, INC.
        $.001 par common
    TRAMFORD INTERNATIONAL, LTD.
        $.01 par common
        Warrants (expire 12-13-99)
    TRIANGLE PHARMACEUTICALS, INC.
        $.001 par common
    TTI TEAM TELECOM INTERNATIONAL, LTD.
        Ordinary shares (NIS .5)
    TWINLAB CORPORATION
        $1.00 par common
    TYSONS FINANCIAL CORPORATION
        $5.00 par common
    U.S. FRANCHISE SYSTEMS, INC.
        $.01 par common
    UNITED NATURAL FOODS, INC.
        $.01 par common
    UOL PUBLISHING, INC.
        $.01 par common
    UROHEALTH SYSTEMS, INC.
        $.001 par common
        Warrants (expire 03-20-97)
    UROQUEST MEDICAL CORPORATION
        $.001 par common
    USTEL, INC.
        $.01 par common
    V-ONE CORPORATION
        $.001 par common
    VERSATILITY INC.
        $.01 par common
    VIASAT, INC.
        $.01 par common
    VIISAGE TECHNOLOGY, INC.
        $.001 par common
    VIMRX PHARMACEUTICALS, INC.
        $.001 par common
    VIRAGEN, INC.
        $.01 par common
    VIROPHARM, INC.
        $.002 par common
    VISUAL EDGE SYSTEMS, INC.
        $.01 par common
    VITECH AMERICA, INC.
        No par common
    VIVID TECHNOLOGIES, INC.
        $.01 par common
    VOXWARE, INC.
        $.001 par common
    WEST TELESERVICES CORPORATION
        $.01 par common
    WILD OATS MARKETS, INC.
        $.001 par common
    WILSHIRE FINANCIAL SERVICES GROUP, INC.
        $.01 par common
    WOODROAST SYSTEMS, INC.
    
    [[Page 3778]]
    
        $.005 par common
    WOODWARD GOVERNOR COMPANY
        $.0625 par common
    WORLD HEART CORPORATION
        No par common
    WORLDCOM INC.
        Depositary Shares
    ZAG INDUSTRIES LIMITED
        Ordinary shares (NIS .01)
    
    Deletions From the Foreign Margin List
    
    AUSTRALIA
    
    PUBLISHING AND BROADCASTING LIMITED
        Preferred, par A$1.00
    TNT LIMITED
        Ordinary shares, par A$0.50
    
    DENMARK
    
    A/S TH. WESSEL & VETT, MAGASIN DU NORD
        C Shares, par 100 Danish krone
    AARHUS OLIEFABRIK A/S
        A Shares, par 100 Danish krone
    ICOPAL A/S
        Share Capital, par 100 Danish krone
    
    FINLAND
    
    KONE OY
        B Shares, par 50 Finnish markka
    MERITA LTD
        A Shares, par 5 Finnish markka
    METSA-SERLA OY
        A Ordinary Shares, par 10 Finnish markka
    
    FRANCE
    
    CREDIT LOCAL DE FRANCE SA
        Ordinary shares, par 100 French francs
    
    HONG KONG
    
    DAIRY FARM INTERNATIONAL HOLDINGS LTD.
        Ordinary shares, HK$1.00 par
    HONG KONG LAND HOLDINGS, LTD.
        Ordinary Shares, $.10 par
    JARDINE MATHESON HOLDINGS LIMITED
        Ordinary shares, $0.25 par
    JARDINE STRATEGIC HOLDINGS LIMITED
        Ordinary shares, $.05 par
    MANDARIN ORIENTAL INTERNATIONAL LIMITED
        Ordinary shares, $.05 par
    
    ITALY
    
    FIDIS FINANZIARIA DI SVILUPPO SPA
        Ordinary shares, par 1000 lira
    
    JAPAN
    
    NICHII CO., LTD.
        Y 50 par common
    
    MEXICO
    
    GRUPO FINANCIERO BANCOMER S.A.
        Series A, no par common
    
    NORWAY
    
    WILH. WILHELMSEN LIMITED AS
        B Common Shares, par Norwegian krone
    
    PHILIPPINES
    
    SAN MIGEUEL CORPORATION
        Common Shares, par 10 Philippine pesos
    
    SWEDEN
    
    MO OCH DOMSJO AB
        A Free shares, par 50 Swedish krona
    TIDNINGS AB MARIEBERG
        A Free shares, par 10 Swedish krona
    
    SWITZERLAND
    
    CIBA-GEIGY AG
        Bearer shares, par 20 Swiss francs
    CIBA-GEIGY AG
        Registered shares, par 20 Swiss francs
    SANDOZ AG
        Bearer shares, par 20 Swiss francs
    SANDOZ AG
        Registered shares, par 20 Swiss francs
    WINTERTHUR SCHWEIZER. VERSICHERUNGS GES.
        Registered shares, par 20 Swiss francs
    
    THAILAND
    
    FIRST BANGKOK CITY BANK PUBLIC CO. LTD.
        Ordinary shares, par 15 Thai baht
    
    UNITED KINGDOM
    
    RANK ORGANISATION PLC
        Ordinary shares, par 10 p
    REFUGE GROUP PLC
        Ordinary shares, par 5 p
    RENTOKIL GROUP PLC
        Ordinary shares, par 2 p
    THORN EMI PLC
        Ordinary shares, par 25 p
    
    Additions to the Foreign Margin List
    
    AUSTRALIA
    
    NATIONAL MUTUAL HOLDINGS, LTD.
        Ordinary shares, par A$.50
    
    DENMARK
    
    CHEMINOVA HOLDINGS A/S
        B ordinary shares, par 100 Danish krone
    CODAN FORSIKRING A/S
        Ordinary shares, par 100 Danish krone
    FALCK A/S
        Ordinary shares, par 100 Danish krone
    MICRO MATIC HOLDINGS A/S
        Ordinary shares, par 100 Danish krone
    OSTASIATISKE KOMPAGNI (EAST ASIATIC CO., LTD.)
        Ordinary shares, par 100 Danish krone
    OTICON HOLDING A/S
        Ordinary shares, par 20 Danish krone
    TRYG-BALTICA FORSKIRING A/S
        Registered shares, par 20 Danish krone
    
    FINLAND
    
    FINNAIR OY
        Ordinary shares, par 50 Finnish markka
    KEMIRA OY
        Ordinary shares, par 50 Finnish markka
    ORION-YHTYMA OY
        A Series, par 10 Finnish markka
    ORION-YHTYMA OY
        B Series, par 10 Finnish markka
    RAISON TEHTAAT VAIH OS OY AB
        K Series common, par 10 Finnish markka
    SAMPO INSURANCE CO., LTD.
        A Ordinary Shares, par 20 Finnish markka
    STOCKMANN OY AB
        B Free Shares, par 20 Finnish markka
    TAMRO OY AB
        Ordinary shares, par 10 Finnish markka
    
    FRANCE
    
    CLF-DEXIA FRANCE SA
        Ordinary Shares, par 100 French francs
    
    GERMANY
    
    DEUTSCHE TELEKOM
        Ordinary shares, par DM 5
    
    NORWAY
    
    BONHEUR AS
        Free Shares, par 5 Norwegian krone
    FOKUS BANK AS
        Registered Shares, par 11 Norwegian krone
    HELIKOPTER SERVICES GROUP AS
        Ordinary Shares, par 11.50 Norwegian krone
    NARVESEN AS
        A Common Shares, par 5 Norwegian krone
    NCL HOLDINGS AS
        Free Shares, par 2.3 Norwegian krone
    NERA AS
        Ordinary Shares, par 10 Norwegian krone
    NET COM AS
        A Free Shares, par 50 Norwegian krone
    
    PHILIPPINES
    
    SAN MIGEUEL CORPORATION
        Class B Common Shares, par 10 Philippine pesos
    
    SINGAPORE
    
    DAIRY FARM INTERNATIONAL HOLDINGS, LTD.
        Ordinary Shares, par $.05
    HONG KONG LAND HOLDINGS, LTD.
        Ordinary Shares, par $.10
    JARDINE MALLIESON HOLDINGS, LTD.
        Ordinary Shares, par $.25
    
    [[Page 3779]]
    
    JARDINE STRATEGIC HOLDINGS, LTD.
        Ordinary Shares, par $.05
    MANDARIN ORIENTAL INTERNATIONAL, LTD.
        Ordinary Shares, $.05 par
    
    SWEDEN
    
    ASSI DOMAN AB
        Free Shares, par 10 Swedish krona
    AVESTA SHEFFIELD AB
        Free Shares, par 10 Swedish krona
    SPARBANKEN SVERIGE AB (Swedbank)
        Series A, par 10 Swedish krona
    STADSHYPOTEK AB
        A Free Shares, par 10 Swedish krona
    
    SWITZERLAND
    
    NOVARTIS AG
        Bearer shares, par 20 Swiss francs
    NOVARTIS AG
        Registered shares, par 20 Swiss francs
    
    UNITED KINGDOM
    
    RANK GROUP PLC
        Ordinary shares, par 10 p
    RENTOKIL INITIAL (UK) PLC
        Ordinary shares, par 2 p
    UNITED ASSURANCE GROUP PLC
        Ordinary shares, par 5 p
    
        By order of the Board of Governors of the Federal Reserve 
    System, acting by its Director of the Division of Banking 
    Supervision and Regulation pursuant to delegated authority (12 CFR 
    265.7(f)(10)), January 21, 1997.
    William W. Wiles,
    Secretary of the Board.
    [FR Doc. 97-1862 Filed 1-24-97; 8:45 am]
    BILLING CODE 6210-01-P
    
    
    

Document Information

Effective Date:
2/10/1997
Published:
01/27/1997
Department:
Federal Reserve System
Entry Type:
Rule
Action:
Final rule; determination of applicability of regulations.
Document Number:
97-1862
Dates:
February 10, 1997.
Pages:
3773-3779 (7 pages)
Docket Numbers:
Regulations G, T, U and X
PDF File:
97-1862.pdf
CFR: (4)
12 CFR 207
12 CFR 220
12 CFR 221
12 CFR 224