[Federal Register Volume 62, Number 63 (Wednesday, April 2, 1997)]
[Rules and Regulations]
[Pages 15600-15601]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-8358]


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FEDERAL RESERVE SYSTEM

12 CFR Part 208

[Regulations H and K, Docket No. R-0921]


Government Securities Sales Practices; Correction

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Joint final rule; correction.

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SUMMARY: The Office of the Comptroller of the Currency (OCC), Federal 
Reserve System (Board), and the Federal Deposit Insurance Corporation 
(FDIC) published in the Federal Register of March 19, 1997, a document 
regarding sales practices concerning government securities by 
depository institutions within their respective jurisdictions. This 
document corrects two inadvertent errors regarding the Board's 
interpretation entitled ``Obligations concerning institutional 
customers.''

DATES: Effective on July 1, 1997.

FOR FURTHER INFORMATION CONTACT: Lawranne Stewart, Senior Attorney 
(202-452-3513), Legal Division, Board of Governors of the Federal 
Reserve System, 20th and C Streets, NW, Washington, D.C. 20551. For the 
hearing impaired only, Telecommunications Device for the Deaf (TDD), 
Diane Jenkins (202-452-3544).

SUPPLEMENTARY INFORMATION: The OCC, Board and FDIC published their 
joint

[[Page 15601]]

final rule on March 19, 1997 (62 FR 13276) in which the Board added 
Secs. 208.25 and 208.129 to Regulation H (12 CFR part 208). The Board's 
amendatory instruction number 3. ``Sec. 208.129 is added to subpart B'' 
will be corrected to read ``Sec. 208.129 is added to subpart E''. In 
Sec. 208.129, paragraph (b), in the first sentence, the cite 
``Sec. 208.25(b)'' will be corrected to read ``Sec. 208.25(d).''
    In final rule FR Doc. 97-6803, published on March 19, 1997 (62 FR 
13276), make the following corrections:
    1. On page 13285, in the third column, instruction 3., remove 
``subpart B'' and add in its place ``subpart E.''
    2. On page 13285, in the third column, under Sec. 208.129, 
paragraph (b), in the first sentence, remove ``Sec. 208.25(b)'' and add 
in its place ``Sec. 208.25(d).''

    By order of the Board of Governors of the Federal Reserve 
System, March 28, 1997.
Jennifer J. Johnson,
Deputy Secretary of the Board.
[FR Doc. 97-8358 Filed 4-1-97; 8:45 am]
BILLING CODE 6210-01-P