94-32065. Securities Offering Disclosure Rules; Correction  

  • [Federal Register Volume 59, Number 249 (Thursday, December 29, 1994)]
    [Unknown Section]
    [Page 0]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-32065]
    
    
    [[Page Unknown]]
    
    [Federal Register: December 29, 1994]
    
    
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    DEPARTMENT OF THE TREASURY
    
    Office of the Comptroller of the Currency
    
    12 CFR Part 16
    
    [Docket No. 94-17]
    RIN 1557-AA65
    
     
    
    Securities Offering Disclosure Rules; Correction
    
    AGENCY: Office of the Comptroller of the Currency, Treasury.
    
    ACTION: Correction to final rule.
    
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    SUMMARY: This document makes a technical correction to the final rule 
    (Docket No. 94-17) that was published Wednesday, November 2, 1994 (59 
    FR 54789). The final rule governs the disclosure requirements for 
    offers and sales of national bank securities.
    
    EFFECTIVE DATE: April 3, 1995.
    
    FOR FURTHER INFORMATION CONTACT: Elizabeth Malone, Senior Attorney, 
    Securities and Corporate Practices Division, (202) 874-5210, Office of 
    the Comptroller of the Currency, 250 E Street, SW, Washington, DC 
    20219.
    
    SUPPLEMENTARY INFORMATION:
    
    Background
    
        The final rule that is the subject of this correction amends 12 CFR 
    part 16 effective April 3, 1995, to set forth the disclosure 
    requirements for offers and sales of national bank securities.
    
    Need for Correction
    
        As published, the final rule contains two errors that may be 
    confusing and therefore need to be corrected. Section 16.5(e) of the 
    final rule cross-references Securities and Exchange Commission (SEC) 
    Rule 145 (17 CFR 230.145) rather than Rule 148 (17 CFR 230.148) as 
    intended. Section 16.5(f) of the final rule cross-references SEC Rules 
    702T and 703T (17 CFR 230.702T and 230.703T), which are still included 
    in the Code of Federal Regulations but are no longer in effect.
        The reference to Rule 145 is being changed to Rule 148 and the 
    references to Rules 702T and 703T are being deleted.
    
    Correction of Publication
    
        Accordingly, the publication on November 2, 1994 of the final rule 
    (Docket No. 94-17), which was the subject of FR Doc. 94-27082, is 
    corrected as follows:
    
    PART 16--[CORRECTED]
    
    
    Sec. 16.5  [Corrected]
    
        On page 54799, column 1, paragraphs (e) and (f) of Sec. 16.5 are 
    corrected to read as follows:
    * * * * *
        (e) In a transaction that satisfies the requirements of Commission 
    Rule 144, 144A, 148, or 236 (17 CFR 230.144, 230.144A, 230.148, or 
    230.236);
        (f) In a transaction that satisfies the requirements of Commission 
    Rule 701 (17 CFR 230.701); or
    * * * * *
        Dated: December 22, 1994.
    Eugene A. Ludwig
    Comptroller of the Currency.
    [FR Doc. 94-32065 Filed 12-28-94; 8:45 am]
    BILLING CODE 4810-33-P
    
    
    

Document Information

Published:
12/29/1994
Department:
Comptroller of the Currency
Entry Type:
Uncategorized Document
Action:
Correction to final rule.
Document Number:
94-32065
Dates:
April 3, 1995.
Pages:
0-0 (1 pages)
Docket Numbers:
Federal Register: December 29, 1994, Docket No. 94-17
RINs:
1557-AA65
CFR: (1)
12 CFR 16.5