Regulacje i polityka gospodarcza · 19/12/1996

Resolution Funding Corporation; Book-Entry Procedure

The Thrift Depositor Protection Oversight Board is publishing final regulations to govern Resolution Funding Corporation book-entry securities. This action is being taken in conjunction with similar amendments being made by the Department of the Treasury to the regulations governing book-entry Treasury securities, and by other government-sponsored enterprises (GSEs) for securities that are maintained on the book-entry system operated by the Federal Reserve Banks. The rules incorporate recent and significant changes in commercial law addressing the holding of securities in book-entry form through financial intermediaries.