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F E D E R A L R E S E R V E BANK O F NEW YORK Om . )hr^^ November 15, 1977 FEDERAL RESERVE ACT As Amended Through December 31, 1976 To All Member Banks in the Second Federal Reserve District: Under separate cover, we are sending you a copy of a revised edition of the Federal Reserve Act, which incorporates all amendments to the Act through December 31, 1976, with an Appendix containing provisions of certain other Acts of Congress that affect the Federal Reserve System. This revised edition was compiled under the direction of the Board of Governors of the Federal Reserve System and supersedes the edition published in 1971* Amendments to the Federal Reserve Act are published in the Board’s Federal Reserve Bulletin, thereby enabling you to maintain your copy of the Act on a current basis. Additional copies of the revised edition of the Federal Reserve Act are available from this Bank at $2.50 each. Requests for additional copies should be addressed to our Public Information Department and should be accompanied by a check payable to the Federal Reserve Bank of New York or an authorization to charge your bank’s reserve account. P au l A. V olcker , President.