Full text of Federal Reserve Bank of New York Circulars : 10476. Definition of Highly Leveraged Transactions

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FEDERAL RESERVE BANK
OF NEW YORK
Circular No. 10476 ~|
September 6, 1991

[

DEFINITION OF HIGHLY LEVERAGED TRANSACTIONS
Comment Period Extended to Septem ber 23
To All Depository Institutions, and Others
Concerned, in the Second Federal Reserve District:

The Comptroller of the Currency, the Federal Deposit Insurance Corporation,
and the Board of Governors of the Federal Reserve System have extended the com­
ment period on the supervisory definition of highly leveraged transactions (HLTs),
in response to inquiries from potential commenters requesting additional time to
submit views. The original request for comment was contained in our Circular No.
10469, dated July 12, 1991.
Comments may now be submitted by September 23, 1991.
E. G er a l d C o r r ig a n ,

President.