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FEDERAL RESERVE BANK
OF NEW YORK
Fiscal Agent of the United States

Circular No. 2 3 5 5 , January 10, 1942

Executive Order No. 8389, as Amended, and Regulations Issued Pursuant Thereto,
Relating to Transactions in Foreign Exchange, Etc.

To Member and Nonmember Banks
in the Second Federal Reserve District:

For your information we are advised by the Treasury Department
that henceforth it will not require the notarization of applications for
licenses under Executive Order No. 8389, as amended, or reports in
connection therewith, when such documents are filed by domestic banks.
We are further advised by the Treasury Department that the foregoing shall of course not be construed as indicating that the Treasury
Department waives any other requirement relating to the signing or
executing of license applications or reports and such documents when
filed by domestic banks should be signed or executed by responsible
officers of such institutions. Neither shall it be deemed to be a waiver
of any of the applicable provisions of the penal laws of the United
States.
Additional copies of this circular will be furnished upon request.




ALLAN SPROUL,

President.