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Reserve bank DALLAS, TEXAS of Dallas 75222 Circular No. 76-120 August 26, 1976 American Revolution Bicentennial REVISION OF FEDERAL RESERVE FORM U-1 Notice Postponing Effective Date of Adoption of Revised Federal Reserve Form U-1 TO ALL BANKS AND OTHERS CONCERNED IN THE ELEVENTH FEDERAL RESERVE DISTRICT: The Board of Governors of the Federal Reserve System has postponed the effective date of the revised U-1 form, "Statement of Purpose of a StockSecured Extension of Credit by a Bank," sent to you with our Circular No. 76-97 dated July 13, 1976. Please note that the original effective date of September 1 , 1976, has been changed to November 1, 1976, in order for the Board to review possible operational difficulties experienced by some banks in complying with the revised form. Printed on the reverse of this circular i a copy of the Board's order s relating to this matter. Any questions concerning revised form U-1 should be directed to Eugene Coy, Jr., of our Regulations Department, at (214) 651-6319. Sincerely yours, T. W. Plant First Vice President This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org) TITLE 12 - BANKS AND BANKING CHAPTER II - FEDERAL RESERVE SYSTEM SUBCHAPTER A - BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM [Reg. U] Part 221 - Credit by Banks For The Purpose of Purchasing or Carrying Margin Stocks (Docket No. R-0026) Notice postponing effective date of adoption of revised Federal Reserve Form U-l, "Statement of Purpose of a Stock-Secured Extension of Credit by a Bank." 1. Pursuant to the authority of Section 7 of the Securities Exchange Act of 1934 (15 U.S.C. 78g), the Board of Governors, on June 11 1976 (41 Federal Register 23667) published notice of adoption of Federal Reserve Form U-l, "Statement of Purpose of a Stock-Secured Extension of Credit by a Bank," to be effective September 1, 1976. 2. Because some banks have indicated possible operational dif ficulties in complying with certain requirements of the revised Form U-l the Board hereby postpones the effective date of such revision to November 1, 1976 in order that these questions may be reviewed. By order of the Board of Governors, August 18, 1976. (signed) Theodore E. Allison Theodore E. Allison Secretary of the Board (SEAL)
