Request for Public Comment on Revisions Regarding Tying Restrictions - District Notice 00-10 - Dallas

Federal Reserve Bankll★Kof DallasDALLAS, TEXASFebruary 17, 2000 75265-5906Notice 2000-10TO: The Chief Executive Officer of eachfinancial institution and others concernedin the Eleventh Federal Reserve DistrictSUBJECTRequest for Public Comment onRevisions Regarding Tying RestrictionsDETAILSThe Board of Governors of the Federal Reserve System has requested public com-ment on a proposed exception to the anti-tying restrictions of section 106 of the Bank HoldingCompany Act Amendments of 1970 and the Board’s Regulation Y. The proposed amendmentwould establish a “safe harbor” permitting a bank to offer a credit card that can be used to makepurchases from a retailer affiliated with the bank.The Board must receive comments by March 13, 2000. Please address comments toJennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Streetand Constitution Avenue, N.W., Washington, DC 20551. All comments should refer to DocketNo. R-1060.AT TACHMENTA copy of the Board’s notice as it appears on pages 6924–25, Vol. 65, No. 29 of theFederal Register dated February 11, 2000, is attached.MORE INFORMATIONFor more information, please contact Jane Anne Schmoker, Legal Department, at(214) 922-5101. For additional copies of this Bank’s notice, contact the Public Affairs Departmentat (214) 922-5254 or access our web site at http://www.dallasfed.org/banking/notices/index.html.For additional copies, bankers and others are encouraged to use one ...