The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
F ederal r e ser v e Bank o f Dallas DALLAS. TEX A S 75222 C i r c u l a r No. 78-114 A u g u s t 22, 1978 REGULATION Y —BANK HOLDING COMPANIES TO ALL MEMBER BANKS, BANK HOLDING COMPANIES, AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: On J u l y 20, 1978, th is R e s e rv e Bank is s u e d C ir c u la r No. 78-97 in v iting comment on a p r o p o s e d a m e n d m en t to Regulation Y w hich would make c h e c k v e rifica tio n an a c tiv ity p e r m is s i b le fo r b a n k holding company s u b s i d i a r i e s . T h e p e rio d fo r comment h a s now b e en e x te n d e d . P r in te d on th e r e v e r s e of th is c i r c u l a r is th e te x t of the B o a r d 's o r d e r as s u b m itte d to the F e d e r a l R e g i s t e r e x te n d in g th e time until S e p te m b e r 13, 1978 in w h ic h comments r e g a r d i n g th is p r o p o s e d am endm ent may be r e c e iv e d . All m a te ria ls s ub m itted should be a d d r e s s e d to the S e c r e t a r y , Board of G o v e rn o rs of th e Federal R e s e rv e S y stem , W ashington, D .C . 20551, a n d should in c lu d e th e d o c k e t n u m b e r R-0171. S in c e re ly y o u r s , R o b ert H . Boykin F ir s t Vice P r e s id e n t This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) FEDERAL RESERVE SYSTEM [12 C.F.R. Part 225] [Reg. Y, Docket No. R-0171] 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 Y, "Bank Holding Companies,” relating to a proposal to add the activity of check verifica tion to those that the Board has determined by regulation to be permissiiiBe for bank holding companies to engage in (43 F.R. 31936). In light of the Board's desire to encourage public participation, the comment period is extended to September 13, 1978. DATE: Comments should be received by September 13, 1978. FOR INFORMATION CONTACT: Harry Jorgenson, Attorney (202-452-3778), or Julius L. Loeser, Senior Attorney (202-452-3236), Legal Division, Board of Governors of the Federal Reserve System, Washington, D.C. 20551. SUPPLEMENTARY INFORMATION: Comments should be sent to the Secretary, Board of Governors of the Federal Reserve System, Washington, D.C. 20551, and should include the Docket Number R-0171. Board of Governors of the Federal Reserve System, August 11, 1978. (signed) Theodore E. Allison Theodore E. Allison Secretary of the Board [SEAL]