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F ederal R eserve Bank
OF DALLAS
ROBERT

D. M c T E E R , J R .
DALLAS, TE X A S

P R E S ID E N T
A N D C H IE F E X E C U T I V E O F F I C E R

August 19, 1994

75265-5906

Notice 94-87
TO:

The Chief Executive Officer of each
member bank and others concerned in
the Eleventh Federal Reserve District
SUBJECT
Extension of Comment Period
on an Alternative Test for
Section 20 Subsidiaries
DETAILS

The Board of Governors of the Federal Reserve System has extended
the comment period on a proposal to provide an alternative to the current test
used to measure whether a section 20 subsidiary is in compliance with the
"engaged principally" criterion of section 20 of the G1ass-Steagal1 Act.
The Board must now receive comments by September 9, 1994. Comments
should be addressed to William W. Wiles, Secretary, Board of Governors of the
Federal Reserve System, 20th Street and Constitution Avenue, N.W., Washington,
D.C. 20551. All comments should refer to Docket No. R-0841.
MORE INFORMATION

For more information, please contact Marion White at (214) 922-6155.
For additional copies of this Bank’s notice, please contact the Public Affairs
Department at (214) 922-5254.
Sincerely yours,

For additional copies, bankers and others are encouraged to use one of the following toll-free numbers in contacting the Federal Reserve Bank of Dallas:
Dallas Office (800) 333-4460; El Paso Branch Intrastate (800) 592-1631, Interstate (800) 351-1012; Houston Branch Intrastate (800) 392-4162,
Interstate (800) 221-0363; San Antonio Branch Intrastate (800) 292-5810.

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