Truth in Savings; Proposed Regulatory Amendment

FEDERAL RESERVE SYSTEM

12 CFR Part 230

[Regulation DD; Docket No. R-0812]

Truth in Savings; Proposed Regulatory Amendment

AGENCY: Board of Governors of the Federal Reserve System.

ACTION: Proposed rule; Extension of comment period.

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SUMMARY: On December 6, 1993, the Board requested comment on a proposal

to amend Regulation DD (Truth in Savings) dealing with the calculation

of the annual percentage yield (58 FR 64190). The Secretary of the

Board, acting pursuant to delegated authority, has extended the comment

period for 30 days to give the public additional time to provide

comments.

DATES: Comments must be received by February 14, 1994.

ADDRESSES: Comments, which should refer to Docket No. R-0812, may be

mailed to Mr. William W. Wiles, Secretary, Board of Governors of the

Federal Reserve System, 20th Street and Constitution Avenue NW.,

Washington, DC 20551. Comments addressed to Mr. Wiles also may be

delivered to the Board's mail room between 8:45 a.m. and 5:15 p.m. and

to the security control room outside of those hours. Both the mail room

and the security control room are accessible from the courtyard

entrance on 20th Street between Constitution Avenue and C Street, NW.

Comments may be inspected in room MP-500 of the Martin Building between

9 a.m. and 5 p.m. weekdays.

FOR FURTHER INFORMATION CONTACT: Jane Ahrens, Kyung Cho, Kurt

Schumacher or Mary Jane Seebach, Staff Attorneys, Division of Consumer

and Community Affairs, Board of Governors of the Federal Reserve

System, at (202) 452-3667 or 452-2412. For the hearing impaired only

Telecommunications Device for the Deaf Dorothea Thompson (202) 452-

3544.

SUPPLEMENTARY INFORMATION: The Board is extending the comment period on

the proposed amendments to Regulation DD (Truth In Savings), to give

the public additional time to comment on the proposal.

By order of the Secretary of the Board, acting pursuant to

delegated authority for the Board of Governors of the Federal

Reserve System, January 7, 1994.

William W. Wiles,

Secretary of the Board.

[FR Doc. 94-842 Filed 1-12-94; 8:45 am]

BILLING CODE 6210-01-P