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F E D E R A L R E S E R V E B A N K OF D A L L A S Station K, Dallas, Texas 7 5 2 2 2 Circular No. 84-67 June 25, 1984 TO: All depository Reserve District ATTENTION: Chief Executive Officer SUBJECT: Proposals to reduce transfer systems SUMMARY: The Board of Governors of the Federal Reserve System has announced an extension until October 29, 1984 of the public comment period regarding proposals to reduce risks on large dollar wire transfer systems. The original request for public comment was made in the Federal Reserve Bank of Dallas Circular No. 84-55, dated April 23, 1984. All correspondence should be addressed to Mr. William W. Wiles, Secretary, Board of Governors of the Federal Reserve System, Washington, D.C., 20551 and should refer to Docket No. R-20551. ATTACHMENTS: Board's press release and material as publication in the Federal Register MORE INFORMATION: Larry Ripley, Extension 6190 ADDITIONAL COPIES: Public Affairs Department, Extension 6289 institutions risks Extension in the Eleventh Federal on 6118 large or dollar wire submitted for Jonnie Miller, Banks and others are encouraged to use the follow ing in coming W A T S numbers in contacting this Bank: 1-800-442-7140 (in trastate) 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 press release For immediate release June 8, 1984 The Federal Reserve Board announced today extension until October 29, 1984 of the period for comment on proposals published in March concerning reduction of risks on large-dollar wire transfers. The Board's notice is overleaf. (OVER) FEDERAL RESERVE SYSTEM [Docket No. R-0515] Proposals to Reduce Risk on Large-Dollar Transfer Systems AGENCY: Board of Governors of the Federal Reserve System. ACTION: Extension of comment period. SUMMARY: number On March 29, of proposals transfer networks. 1984, to the Board requested comment on a reduce risks on large-dollar Comments were due by July 27, pursuant to delegated authority, 12 C.F.R. wire 1984. Acting § 265.2(a)(6), the Secretary of the Board has extended the comment period for 90 days. DATE: FOR Comments must be received by October 29, 1984. FURTHER Director, INFORMATION Division of Board of Governors of D.C. CONTACT: Edward C. Ettin, Research and Statistics the Federal Deputy (202/452-3368), Reserve System, Washington, 20551. By pursuant order to of delegated the Secretary authority, of 12 the C.F.R. Board, acting § 265.2(a)(6), June 8, 1984. (signed) William w. Wiles William W. Wiles Secretary of the Board