Federal Reserve System April 9, 2013 – Federal Register Recent Federal Regulation Documents

Retail Foreign Exchange Transactions (Regulation NN)
Document Number: 2013-08163
Type: Rule
Date: 2013-04-09
Agency: Federal Reserve System, Agencies and Commissions
The Board of Governors of the Federal Reserve System (``Board'') is adopting a final rule to permit banking organizations under its supervision to engage in off-exchange transactions in foreign currency with retail customers. The final rule also describes various requirements with which banking organizations must comply to conduct such transactions.