1937 - Complete Issue (53.5M) - Fraser - Federal Reserve Bank of ...

C ir c u la r s : (C ontinued) .
Board o f G overn ors: i n c l o s i n g
Digitized for FRASER
Federal Reserve Bank of St. Louis
S t a t i o n ^ r e q u e s tin g c o ^ e n t s and ^
D i ^ ^ i ^ f t ^ L t i o n s and . r l t i . i - . a d o b y
sent t o FRBanks +t. . . . ^ ^
n i.+ in n F l e t t e r s sen t FRBanks, A .B .A ., and o t h e r s ,
R egu la tion p r o s e d amendment on conmon t r u s t
9 /2 0
p e c u la tio n Kf^amendment t o s e c t io n on r e s e r v e r e q u ir e m e n ts 7 /3 0
R e l a t i o n T! d r a ft o f r e v i s i o n , l e t t e r sen d in g t o FRBanks
f o r t h e i r comments and comments o f s e c u r i t i e s
exchanges 7 /^ ?
T r a n s itio n from o ld t o r e v is e d fo n n , member s own
sign ed sta tem en t th a t h e b e l i e v e s f a c t s t o b e
as r e q u ir e d u n d er r e v is e d r e g u la t io n may be
used t o f a c i l i t a t e m a tte r s u n t i l M arch 1 , 1 9 3 8 ,
l e t t e r t o FRBanks 1 2 /2 8
Ranbrances f o r r e t i r i n g em p loyees, l e t t e r t o a l l p r e s i d e n t s
n o t in g th a t P r e s id e n t s ' C o n fe re n c e i n c o n s i d e r ­
in g m a tte r l e f t i t s d e c is io n t o ea ch FRBank,
Board assumes i t s a p p ro v a l w i l l b e sou g h t b e ­
f o r e i n i t i a t i n g p r a c t i c e 2 /1 9
R eportin g o f e x c e s s o r m argin al c o l l a t e r a l b y FRBanks,
req u irem en ts o f Board u n d er R e g u la tio n A,
c l a r i f i c a t i o n o f c e r t a in p o in t s s e n t t o FRBanks 1 1 / 5
R eports o f v i o l a t i o n s o f law by FRBanks t o U . S . o f f i c i a l s ,
r e c o n s id e r a tio n o f p o l i c y and banks t o d e te r m in e
a d v i s a b i l i t y o f r e p o r t in g m isdem eanors 7 / 8
R etirem ent o f o f f i c e r s at age 65, l e t t e r in c i r c u l a t i o n
t o a d v is e FRBanks th a t B oard , in a b s e n c e o f
s p e c ia l circu m sta n ce s, w i l l n o t a p p ro v e s a l ­
a r ie s f o r 1 /1 5
R u lin g s, in t e r p r e t a t io n s and i n s t r u c t i o n s o f B o a rd , r e p l y
t o Chairman H a r r is o n , P r e s i d e n t s ' C o n fe r e n c e
r e s u g g e s tio n o f M r. P e y to n f o r in d e x o f , and
naming M r. B ethea t o s i t w ith com m ittee on 4 /1 3
R u lin gs in t e r p r e t in g B o a r d 's r e g u la t io n s , d e c l i n e t o i s s u e
excep t when re q u e st c o n ta in s d e f i n i t e s ta te m e n t
o f f a c t s o f ca se 1 0 / 8
R u lin gs on a b s tra c t o r h y p o th e tic a l q u e s t io n s , B oard r e ­
fu s e s t o is s u e in fu t u r e w ith e x c e p t io n o f
c le a r ly s ta te d a c tu a l c a s e s o r t h o s e c e r t a i n
. - 1 0 /2 5
a r ie s o . o f f i c e r s o f FRBanks, re q u e s t t h a t FRBanks
. fo llo w u su al p ro ce d u re in s u b m ittin g 1 1 /2 9
d ip p in g Expense and Movement o f C u rren cy and C o in " , l e t ­
t e r to P r e s id e n ts th a t B oard c o n c u r s I n recom ­
m endations in r e p o r t o f P r e s i d e n t s ' C o n fe r e n c e
Committee on F ree S e r v ic e s r e 7 / 1
1073
1416
1305
1067
1042
1737
327
1511
939
88
550
1381
1442
157?
91?