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F E D E R AL R E S E R V E B ANK O F N E W YORK March 7, 1963 To All Member and Nonmember Clearing Banks, and Others Concerned, in the Second Federal Reserve D istrict: On the reverse side of this letter there are set forth lists showing (1) the currently effective Operating Circulars of this Bank, and the supplements thereto, and (2) the currently effective Regulations of the Board of Governors of the Federal Reserve System, and the amend ments and supplements thereto. The lists will enable you to determine whether your sets of those documents are complete. W e shall be pleased to furnish copies of any you do not have, upon request addressed to our Circulars Division. W e transmit herewith a revised table of contents of the Regula tions to replace the one now in your binder. A lfred H ayes, President. ( over) CURRENTLY EFFECTIVE OPERATING CIRCULARS OF FEDERAL RESERVE BANK OF NEW YORK and REGULATIONS OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM March 7, 1963 Operating Circulars Operating Circular No. 1 F irst Supplement . . Regulations . . January 4 1963 February 13 1963 Operating Circular No. 2 . . . Operating Circular No. 3 F irst Supplement . . . . . . . . A p ril . July Operating Circular No. 4 F irst Supplement . . . . . . . Operating Circular No. 5 . Operating Circular No. 6 . Regulation A ................................ February 15,1955 Regulation B ................................ . . Regulation C ................................ . August 31, 1946 . . August 10 1960 August 1 1961 Regulation D ................................ Supplement, effective as t o : Reserve city banks . . . Other banks ...................... . October 31 1960 Regulation E ................................ August 21,1959 . . . 1 1959 Regulation G ................................ A ugust 21,1959 Operating Circular No. 7 . . October 28 1957 Operating Circular No. 8 F irst Supplement . . Second Supplement . . . . . . . August 18 1960 November 1 1961 . March 28 1962 Operating Circular No. 10 . Operating Circular No. 11 . Operating Circular No. 12 . Operating Circular No. 13 . . . Operating Circular No. 14 First Supplement . . . . , . . March 9 1959 . January 25 1962 Operating Circular No. 15 . . . . A p ril Operating Circular No. 16 . . . . June 25 1951 July 28 1962 July 4 1956 2 1957 Regulation H ................................ Regulation I J u ly 10,1923 July 28,1962 . October 25,1962 November 1,1962 . ................................ A ugust 21,1959 February 1,1963 Regulation J ................................ A m e n d m e n t ........................... . August 10.1960 September 27,1962 . September 11 1961 Regulation K ................................ November 12,1958 . Regulation L ................................ . August 21,1959 Regulation M ................................ . August 14,1937 . October 29 1962 February 15 1955 A ugust 12 1960 Regulation N ................................ February 13,1962 Regulation O ................................ February February Operating Circular No. 17 . A p p e n d ix ........................... 2 1962 9 1962 6 1963 Regulation P ................................ . January 9,1959 Regulation Q ................................ A m e n d m e n t........................... A m e n d m e n t........................... S u p p le m e n t........................... . January 15,1962 October 15, 1962 . January 1,1962 Regulation R . October 23,1959 ................................ Operating Circular No. 18 First Supplement . . . . . . . . July 28 1953 . October 7 1954 Regulation T ................................ S u p p le m e n t ........................... . August 7,1961 . July 10,1962 Operating Circular No. 19 F irst Supplement . . . . . . . . A p ril 13 1960 November 17 1960 Regulation U ................................ S u p p le m e n t........................... . . May 1,1962 • J u ly 10,1962 Operating Circular No. 20 F irst Supplement . . . . November 12.1959 Regulation V ................................ September 27,1950 . . . Regulation Y ................................ . . June 27,1962 . J u ly 1.1960 Federal of R eserve New Bank York B O A R D OF GOVERN O RS OF TH E FE D E R A L RE SER V E SYSTEM RULES Rules of Organization and Procedure REGULATIONS Advances and Discounts by Federal Reserve Banks............................. A Open Market Purchases of Bills of Exchange, Trade Acceptances, Bankers’ Acceptances ........................................................................... B Acceptance by Member Banks of Drafts or Bills of Exchange.......... C Reserves of Member Banks....................................................................... D Purchase of Warrants............................................................................... E Collection of Noncash Items...................................................................... Membership of State Banking Institutions in the Federal Reserve System......................................................................... G H Issue and Cancellation of Capital Stock of Federal Reserve Banks . . . I Check Clearing and Collection.................................................................. J Corporations Doing Foreign Banking or Other Foreign Financing Under the Federal Reserve A ct............................................................ Interlocking Bank Directorates Under the Clayton A ct......................... K L Foreign Branches of National Banks and of Corporations Organized Under the Provisions of Section 25(a) of the Federal Reserve A c t .. M Relations with Foreign Banks and Bankers............................................ N Loans to Executive Officers of Member Banks......................................... 0 Holding Company Affiliates—Voting Permits......................................... P Payment of Interest on Deposits............................................................ Q Relationships with Dealers in Securities Under Section 32 of the Bank ing Act of 1933....................................................................................... R Credit by Brokers, Dealers, and Members of National Securities Exchanges ............................................................................. T Loans by Banks for the Purpose of Purchasing or Carrying Registered Stocks................................................................................... U Loan Guarantees for Defense Production................................................ V Bank Holding Companies......................................................................... Y (R ev. 3-7-63)