Full text of Federal Reserve Bank of New York Circulars : 9555. Elimination of DIDC Telephone Recording Service

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FEDERAL RESERVE BANK
OF NEW YORK

[

Circular No. 9555
September 26, 1983

Elimination of DIDC Telephone Recording Service
To All Depository Institutions, and Others Concerned,
in the Second Federal Reserve District:

As you are aware, effective October 1, 1983, the Depository Institutions
Deregulation Committee (DIDC) has eliminated most remaining interest rate ceil­
ings on time deposits. Accordingly, the Regulations Division will discontinue its
recorded telephone message services that have provided information on ceiling
interest rates on deposits, information on recent actions by the DIDC, and summa­
ries of proposals published for public comment (Tel. Nos. 212-791-5927,
212-791-6800, 212-791-6125, and 716-849-5099).
Questions on matters relating to the DIDC and Regulation Q may be directed
to our Regulations Division (Tel. No. 212-791-5914), during normal business
hours.

Anthony M. Solomon,
P re s id e n t.