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FEDERAL R ESE R V E BANK OF DALLAS Station K, Dallas, Texas 7 5 2 2 2 C i r c u l a r No. 84-17 J an u ary 26, 1984 TO: All member banks and o t h e r s concerned in t h e Eleventh Federal Reserve D i s t r i c t ATTENTION: C hie f Execu tive O f f i c e r SUBJECT: Comparison chart for Regulation X — Securities Credit SUMMARY: The Board o f Governors o f t h e F ed eral Reserve System r e c e n t l y announced, e f f e c t i v e J an u ary 23, 1984, a complete revision and simplification of its R egulat i o n X. This new r e g u l a t i o n was t r a n s m i t t e d t o you in C i r c u l a r No. 84-7 d at ed J an u ary 19, 1984. For your con veni ence, t h e Board has now r e l e a s e d a c r o s s - r e f e r e n c e o f s e c t i o n numbers in t h e o l d and new regulation. ATTACHMENTS: M at e ri al as s u bmi tt ed f o r p u b l i c a t i o n in t h e F e de r a l R e g i s t e r , i n c l u d i n g a c r o s s - r e f e r e n c e comparison c h a r t MORE INFORMATION: Legal Department, E xt ens i on 6171 ADDITIONAL COPIES: Pu bli c A f f a i r s Department, Ext en sio n 6289 Borrowers of Banks and others are encouraged to use the following incoming WATS numbers in contacting this Bank: 1-800-442-7140 {intrastate) and 1-800-527-9200 (interstate). For calls placed locally, please use 651 plus the extension referred to above. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) FEDERAL RESERVE SYSTEM R egul ati on X [12 CFR 224] BORROWERS OF SECURITIES CREDIT Comparison Chart of Old and New Reg ul at i on X S ect i o n s AGENCY: Board of Governors of t h e Federal Reserve System. ACTION: Regulation X Comparison C h ar t . SUMMARY: On December 16, 1983, t h e Board approved a compl et el y r e v i s ed and s i m p l i f i e d Regulation X. J anuary 23, 1984. The new r e g u l a t i o n i s e f f e c t i v e as of To f a c i l i t a t e an u n d ers t an di n g of t h e new r e g u l a t i o n , t h i s c h a r t provides a c r o s s - r e f e r e n c e of s e c t i o n numbers in t h e old Regulation X to t h e i r correspo n d i n g s e c t i o n numbers in t h e new r e g u l a t i o n and vice v e r s a . This c h a r t w i l l s erv e as an ai d t o persons t r a c i n g t h e r e g u l a t o r y tre a tm e n t of s p e c i f i c i s s u e s add ress ed in Reg u lati o n X. FOR FURTHER INFORMATION CONTACT: Douglas B l a s s , At t o r n e y , Di v i s i o n of Banking Supervision and R e g u la t i o n , Board of Governors of t h e Federal Reserve System, Washington, D.C., 20551, (202) 452-2781. SUPPLEMENTARY INFORMATION: The fol l owi n g comparison c h a r t i s being p u bl i s h e d as an aid t o unde rsta nding t h e comp letely r e v i s ed R eg ul at i on X. Comparison Chart Comparison of Old with New Section Numbers Compari son Old S ecti on Numbers Old with New New with 01 224.1 224.1 f i r s t part (a) (b) 224.1 (a) and se nt en ce ) 224.1 (a) and se nten c e) 224.1 ( a ) , ( b ) sentence), (b) ( f i r s t (a) (b) ( f i r s t (b) (first 2(a) and (c) (1) (2) (3) 224.1 ( f i r s t p a r t ) , (a) and (b) 224.1 ( f i r s t p a r t ) , (a) and (b) added 2 2 4 . 3(a) (modi f i e d ) 2 2 4. 3(c) 224.2 224.2 (a) (1) (2) (3) (b)(1) (i) (ii) (iii) (iv) (2) (3) 22 4 .1 (b ) (1 ) and 3(b) (with modi f i c a t i o n ) 22 4 .1 (b ) (1 ) and 3(b) (with modi f i c a t i o n ) 22 4 .1 (b ) (1 ) and 3(b) (with modi f i c a t i o n ) 22 4 . 1 (b ) (1 ) and 3(b) (with modi f i c a t i o n ) 2 2 4 . 3 ( a ) ( f i r s t s en t en ce) 2 2 4 .3 ( a ) ( 3 ) 2 2 4 . 3 ( a ) ( 1 ) (with modi f i c a t i o n ) 2 2 4 .3 ( a ) ( 2 ) 2 2 4 .3 ( a ) ( 3 ) d e le te d d e le te d 224.3 f i r s t s entence (a) (b) (c) 224.1(b) 2 2 4 .1 ( b ) ( 2 ) (with modi f i c a t i o n ) d e le te d 22 4 .1 (b )( 3) 224.4 deleted 224.5 opening s ent en ces (a) (b) (c) (d) (e) 224.2(opening s en t e n c es ) deleted deleted del etec’ de le te d deleted opening s en t en ces (a) (b) (c) 224.5(opening s e n t e n c e s ) added added added 224.3 (a) (1) (2) (3) (b) (c) 2 2 4 . 2 ( b ) (1) 2 2 4 . 2 ( b ) ( 1 ) ( i i ) (modi f i e d ) 2 2 4 . 2 ( b ) ( 1 ) (i i i ) 2 2 4 . 2 ( b ) ( 1 ) ( i ) and ( i v ) 22 4. 2(a) (mod ifi ed ) 224. 6(a) - 2 Old with New 224.5 ( c ontinued) (f) (1) {2) (3) (g) (h) (i) (j) (1) (2) (3) (4) (k) ( 1) deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted deleted 224.6 (a) (b) 2 2 4 . 1 ( b ) ( 1 ) and 3{c) deleted Board o f Governors o f t h e Federal Reserve System, December 21* 1983. (signed) William W. Wiles William W. Wiles S e c r e t a r y o f t h e Board