The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
STATEMENT FOR THE PRESS By th e Board o f G overn ors o f the F e d e ra l R eserv e System For im m ediate r e l e a s e F rid a y , F ebru ary 15, 1952 On February 15, 1952, the United States District Court in Baltimore, Maryland, fined Rosen* s Incorporated of Baltimore, Maryland, $>500 and costs, and fined Leonard Rosen $500 and costs for violating Regulation W, Consumer Credit. The violations consisted in not obtaining the down payment required by Regulation W in connection with instalment sales of television sets. The fines followed pleas of guilty by th e d efen d a n ts This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
@FedFRASER