Federal Reserve System April 17, 2012 – Federal Register Recent Federal Regulation Documents
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Payment System Risk Policy; Daylight Overdraft Posting Rules
The Board of Governors of the Federal Reserve System (Board) has revised its Policy on Payment System Risk (PSR Policy) to modify the posting rules to conform with procedural changes to the redemption of separately-sorted savings bonds and to eliminate a reference to the contractual clearing balance program.
Definition of “Predominantly Engaged in Financial Activities”; Correction
On April 10, 2012, the Board published in the Federal Register a supplemental notice of proposed rulemaking and request for comment that would establish the criteria for determining whether a company is ``predominantly engaged in financial activities'' for purposes of Title I of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. That Federal Register notice omitted the instructions for submitting comments. This document corrects that omission.
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