Full text of District Notices (Federal Reserve Bank of Dallas) : Extension of Comment Period -- Proposed Amendment to Regulation T, Circular No. 78-86

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F ederal Reserve Ban k of Dallas
DALLAS, TEXAS

75222

C irc u la r No. 78-86
June 22, 1978

EXTENSION OF COMMENT PERIOD—
PROPOSED AMENDMENT TO REGULATION T

TO ALL BANKS, BROKERS/DEALERS,
REGULATION G REGISTRANTS, AND
OTHERS CONCERNED IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
T h e Board of G o v e rn o rs of th e F e d e ra l R e s e rv e Syste m has e x te n d ed
the comment p e rio d to J u ly 7, 1978 on a p r o p o s e d am end m en t to Regulation T ,
" C r e d i t by B r o k e r s a nd D e a l e r s , " th a t would p e r m it b r o k e r s a n d d e a l e r s to e x ­
te n d a n d maintain c r e d i t on u n lis te d n o n c o n v e r tib le c o r p o r a t e b o n d s .
T h e o rig in a l p rop osa l w as s e n t to you u n d e r C i r c u l a r No. 78-63 dated
May 19, 1978.
P r in te d on the r e v e r s e of th is c i r c u l a r is a copy of the B o a r d 's o r d e r
as su bm itte d for public a tion in th e F e d e r a l R e g i s t e r .
S in c e r e ly y o u r s ,
R obert H . Boykin
F irs t Vice President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

Federal Reserve System
[12 CFR Part 220]
[Reg. T, Docket No. R-0080]
AGENCY:

Board of Governors of the Federal Reserve System.

ACTION:

Extension of time for proposed rulemaking.

SUMMARY:

The Board has received a request for an extension of time

for comments on a proposed amendment to Regulation T, "Credit by
Brokers and Dealers", that would permit brokers and dealers to
extend and maintain credit on unlisted nonconvertible corporate
bonds (43 F.R. 21008).

In light of the Board's desire to encourage

public participation, the comment period is extended to July 7,
1978.
DATE:

Comments should be received by July 7, 1978.

FOR INFORMATION CONTACT:

Laura M. Homer, Chief Attorney, Securities

Regulation, Division of Banking Supervision and Regulation, Board of
Governors of the Federal Reserve System, Washington, D. C. 20551
(202-452-2786).
SUPPLEMENTARY INFORMATION:

Comments should be sent to Secretary,

Board of Governors of the Federal Reserve System, Washington, D. C.
20551 and should include the docket number R-0080.
Board of Governors of the Federal Reserve System,
June 14, 1978.
(Signed) Theodore E. Allison

Theodore E. Allison
Secretary of the Board
(SEAL)