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FEDERAL RESERVE BANK OF NEW YORK Circular No. 10684 January 20, 1994 TRUTH IN SAVINGS Proposed Amendments to Regulation DD Extension o f Comment Period to February 14 To A ll D epository Institutions in the Second Federal Reserve District, and Others Concerned: The Board of Governors of the Federal Reserve System has extended for 30 days the comment period on a proposal to amend its Regulation DD, "Truth in Savings," dealing with the calculation of the annual percentage yield for certain deposit accounts. The proposal was sent to you with our Circular No. 10677, dated December 16, 1993. Printed on the reverse side is the text of the Board’s notice extending the comment period. Comments should be submitted by February 14, and may be sent to the Board of Governors, as specified in the notice, or to our Compliance Examinations Department. W il l ia m J. M c D o n o u g h , President. (Over) FEDERAL RESERVE SYSTEM [Docket No. R-0812] Proposal to Amend Regulation DD (Truth in Savings) AGENCY: B oard o f G overnors o f the Federal Reserve System. ACTION: N otice; Extension o f com m ent period. SUMMARY: On D ecem ber 6, 1993, the B oard requested com m ent on a proposal to am end R egulation D D (Truth in Savings) dealing w ith the calculation o f the annual percentage yield (58 Fed. Reg. 64190). The Secretary o f the Board, acting pursuant to delegated authority, has extended the com m ent period for 30 days to give the public additional tim e to provide com m ents. DATES: C om m ents m ust be received by February 14, 1994. ADDRESSES: C om m ents, which should refer to D ocket N o. R-0812, m ay be m ailed to M r. W illiam W. W iles, Secretary, Board o f G overnors o f the Federal R eserve System , 20th Street and C onstitution A venue, N .W ., W ashington, DC 20551. C om m ents addressed to M r. W iles also m ay be delivered to the B oard’s m ail room betw een 8:45 a.m. and 5:15 p.m . and to the security control room outside o f those hours. B oth the m ail room and the security control room are accessible from the courtyard entrance on 20th Street between C onstitution A venue and C Street, N .W . C om m ents m ay be inspected in Room M P-500 o f the M artin B uilding betw een 9:00 a.m . and 5:00 p.m. w eekdays. FOR FURTHER INFORMATION CONTACT: Jane Ahrens, Kyung Cho, K urt Schum acher or M ary Jane Seebach, S taff A ttorneys, D ivision o f C onsum er and C om m unity Affairs, B oard o f G overnors o f the Federal R eserve System , at (202) 452-3667 or 452-2412. For the hearing im paired only, Telecom m unications D evice for the Deaf, D orothea Thom pson (202) 452-3544. SUPPLEMENTARY INFORMATION: The B oard is extending the com m ent period on the proposed am endm ents to R egulation DD (Truth In Savings), to give the public additional tim e to com m ent on the proposal. B y order o f the Secretary o f the Board, acting pursuant to delegated authority for the B oard o f G overnors o f the Federal Reserve System , January 7, 1994. W illiam W. W iles, Secretary o f the Board.
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