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X-9344 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM STATEMENT FOR THE PRESS For release in morning papers on Monday, October 21, 193$. October 19, 1935 AMENDMENT OF REGULATION T Amendment No. 6 of Regulation T - Effective October 29. 1955. Section 3 of Regulation T is hereby amended by adding at the end thereof a new subsection reading as follows: "(i) Warrants. - Notwithstanding any other provision of this regulation, the maximum loan value of any warrant or certificate which evidences a right to subscribe to or otherwise acquire any security and which by its terms expires within ninety days of issuance shall be nothing: Provided. That in any $ase in which an account contains, in addition to such warrant or certificate, the security in respect of which such warrant or certificate has been issued, the Current market value of such security shall, for the purpose of calculating its maximum loan value, be increased by the current market value of such warrant or certificate."
@FedFRASER