97-8358. Government Securities Sales Practices; Correction  

  • [Federal Register Volume 62, Number 63 (Wednesday, April 2, 1997)]
    [Rules and Regulations]
    [Pages 15600-15601]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 97-8358]
    
    
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    FEDERAL RESERVE SYSTEM
    
    12 CFR Part 208
    
    [Regulations H and K, Docket No. R-0921]
    
    
    Government Securities Sales Practices; Correction
    
    AGENCY: Board of Governors of the Federal Reserve System.
    
    ACTION: Joint final rule; correction.
    
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    SUMMARY: The Office of the Comptroller of the Currency (OCC), Federal 
    Reserve System (Board), and the Federal Deposit Insurance Corporation 
    (FDIC) published in the Federal Register of March 19, 1997, a document 
    regarding sales practices concerning government securities by 
    depository institutions within their respective jurisdictions. This 
    document corrects two inadvertent errors regarding the Board's 
    interpretation entitled ``Obligations concerning institutional 
    customers.''
    
    DATES: Effective on July 1, 1997.
    
    FOR FURTHER INFORMATION CONTACT: Lawranne Stewart, Senior Attorney 
    (202-452-3513), Legal Division, Board of Governors of the Federal 
    Reserve System, 20th and C Streets, NW, Washington, D.C. 20551. For the 
    hearing impaired only, Telecommunications Device for the Deaf (TDD), 
    Diane Jenkins (202-452-3544).
    
    SUPPLEMENTARY INFORMATION: The OCC, Board and FDIC published their 
    joint
    
    [[Page 15601]]
    
    final rule on March 19, 1997 (62 FR 13276) in which the Board added 
    Secs. 208.25 and 208.129 to Regulation H (12 CFR part 208). The Board's 
    amendatory instruction number 3. ``Sec. 208.129 is added to subpart B'' 
    will be corrected to read ``Sec. 208.129 is added to subpart E''. In 
    Sec. 208.129, paragraph (b), in the first sentence, the cite 
    ``Sec. 208.25(b)'' will be corrected to read ``Sec. 208.25(d).''
        In final rule FR Doc. 97-6803, published on March 19, 1997 (62 FR 
    13276), make the following corrections:
        1. On page 13285, in the third column, instruction 3., remove 
    ``subpart B'' and add in its place ``subpart E.''
        2. On page 13285, in the third column, under Sec. 208.129, 
    paragraph (b), in the first sentence, remove ``Sec. 208.25(b)'' and add 
    in its place ``Sec. 208.25(d).''
    
        By order of the Board of Governors of the Federal Reserve 
    System, March 28, 1997.
    Jennifer J. Johnson,
    Deputy Secretary of the Board.
    [FR Doc. 97-8358 Filed 4-1-97; 8:45 am]
    BILLING CODE 6210-01-P
    
    
    

Document Information

Effective Date:
7/1/1997
Published:
04/02/1997
Department:
Federal Reserve System
Entry Type:
Rule
Action:
Joint final rule; correction.
Document Number:
97-8358
Dates:
Effective on July 1, 1997.
Pages:
15600-15601 (2 pages)
Docket Numbers:
Regulations H and K, Docket No. R-0921
PDF File:
97-8358.pdf
CFR: (1)
12 CFR 208.129