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233
R-461

BOARD O F G O V E R N O R S
OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON
•

a d d r e s s

o f f i c i a l c o r r e s p o n d e n c e
t o t h e b o a r d

May 10, 1939

Dear Sir:
The Board has adopted amendment No. 2 of
Regulation T to become effective May 22, 1939.

The

amendment and accompanying press release, in the form
attached, are being released for publication in the
morning papers of Monday, May 15, 1939.

It will be

appreciated if your bank will send copies of each to
interested persons in your district to reach them on
that date or as soon thereafter as possible.
Very truly yours

L. P. Bethea,
Assistant Secretary.

Enclosures 2

TO PRESIDENTS OF ALL FEDERAL RESERVE BANKS