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FED ER A L RESERVE BANK
O F NEW YORK

r C ircu lar
L

N o . 7 1 6 4 "1
June 14, 1973
J

Amendment to Rules Regarding Delegation of Authority

To All Member Banks, and Others Concerned,
in the Second Federal Reserve District:

Enclosed is a copy o f an amendment, effective May 31, 1973, to section
2 6 5 .2 (c) o f the Rules Regarding Delegation o f Authority o f the Board of
Governors o f the Federal Reserve System. The purpose of the amendment is to
delegate to the Director o f the Board o f Governors’ Division of Supervision and
Regulation authority to make available to the public reports and other inform a­
tion relating to the Board's margin Regulations G, T, U, and X.




Additional copies o f the enclosure will be furnished upon request.

A

lfr ed

H ayes,

President.




Board of Governors of the Federal Reserve System
RULES REGARDING DELEGATION OF AUTHORITY

AMENDMENT
Effective May 31, 1973, § 265.2(c) is amend­
ed by adding a new subparagraph (19), to
read as follows:
SECTION 265.2— SPECIFIC FUNCTIONS
DELEGATED TO BOARD EMPLOYEES
AND FE D E R A L RESERVE BANKS
#

(c)

*

#

The Director of the Division of Super­

vision and Regulation (or, in his absence, the

Acting Director) is authorized:
*

#

#

(19) Pursuant to the provisions of Part
261 of this chapter, to make available reports
and other information of the Board acquired
pursuant to Parts 207, 220, 221, and 224
(Regulations G, T, U, and X ) of the na­
ture and in the circumstances described in
§ 261.6(a) (2) and (3) of Part 261.

P R IN T E D

IX

NEW

YORK