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FEDERAL RESERVE BANK OF DALLAS DALLAS, TEXAS 7 5 2 2 2 Circular No. 70-89 April 14, 1970 AM ENDMENT TO REGULATION A T o A ll M em ber B an k s in th e E leventh F ederal R eserve D istrict: The Board of Governors of the Federal Reserve System amended, effective April 16, 1970, Regulation A by eliminating the requirement that paper offered for discount or as collateral for advances under Section 13 of the Federal Reserve Act be negotiable. Elimination of the regulatory requirement will not, however, preclude a Reserve Bank in individual cases from declining to accept nonnegotiable paper. The amendment is found on the reverse of this circular and should be inserted in the ring binder containing the Regulations of the Board of Governors and the Bulletins of this Bank. Additional copies will be furnished upon request. Yours very truly, P. E. Coldwell President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) A M E N D M E N T TO R E G U L A T IO N A (12 CFR 201) ISSU E D B Y T H E B O A R D O F G O V E R N O R S O F T H E FEDERAL RESERVE SYSTEM P A R T 201 — A D V A N C E S A N D D IS C O U N T S B Y FEDERAL RESERVE BANKS N E G O T IA B IL IT Y O F P A P E R Effective April 16, 1970, Part 201 is amended by deleting the word “negotiable” where it occurs in section 201.3(a) ( 1 ) , 201.3(b), 201.3(d ), and 201.3(e) ; by deleting subparagraph (2 ) of section 201.3(i) ; and by deleting “ ( 1 ) ” immediately after the subtopic of section 201.3( i ) .
@FedFRASER