94-215. First Security Corporation; Application to Engage de novo in Permissible Nonbanking Activities

[Federal Register Volume 59, Number 4 (Thursday, January 6, 1994)]
[Notices]
[Page 749]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-215]


[[Page Unknown]]

[Federal Register: January 6, 1994]


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FEDERAL RESERVE SYSTEM
 

First Security Corporation; Application to Engage de novo in 
Permissible Nonbanking Activities

    This notice corrects a notice (FR Doc. 93-31063) published on page 
67412 of the issue for Tuesday, December 21, 1993.
    In the third column, under the Federal Reserve Bank of San 
Francisco heading, the entry for First Security Corporation is revised 
to read as follows:
    1. First Security Corporation, Salt Lake City, Utah; to engage de 
novo through its subsidiary, First Security Investor Services, Inc., 
Salt Lake City, Utah, in the purchase and sale, on the order of 
investors as a ``riskless principal'', of obligations of the United 
States, general obligations of states and their political subdivisions 
and other obligations that state member banks of the Federal Reserve 
System may be authorized to underwrite and deal in under 12 U.S.C. 24 
and 335, including bankers' acceptances and certificates of deposit, 
under the same limitations as would be applicable if the activity were 
performed by Applicant's subsidiary state member banks or its 
subsidiary nonmember banks as if they were member banks, pursuant to 
Sec.  225.25(b)(16) of the Board's Regulation Y.
    Comments on this applicatio must be received by January 10, 1994.

    Board of Governors of the Federal Reserve System, December 30, 
1993.
Jennifer J. Johnson,
Associate Secretary of the Board.
[FR Doc. 94-215 Filed 1-5-94; 8:45 am]
BILLING CODE 6210-01-F