Full text of Federal Reserve Bank of New York Circulars : Elimination of Reports on Loans to Purchase Securities

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FEDERAL RESERVE BANK
OF NEW YORK

June 19, 19T8

ELIMINATION OF REPORTS
ON LOANS TO PURCHASE SECURITIES

To the Chief E x ecu tive Officer of
the Banking Organization A d d ressed :

The Board of Governors has approved the discontinuance of reports FR U-UA
(Annual Report of Outstanding Loans to Purchase or Carry Securities) and FR U-i+M
(Monthly Report of Outstanding Loans to Purchase or Carry Securities), effective
immediately.

Reports as of May 31, 1978 for monthly reporting hanks and as of

June 30, 1978 for annually reporting hanks need not he submitted.
The elimination of these series reflects the awareness of the Federal
Reserve System of the burden of reports that must he filed by hanking organizations
We wish to express our appreciation for your past cooperation in providing us with
these reports.
Any questions regarding this matter should he directed to our Consumer
Affairs and Bank Regulations Department' (Tel. No. 212-791-591^)•




P aul A. V olcker ,

President.