{"abstract":"In light of the continuing unusual and exigent circumstances in the financial markets, the Board has adopted a regulatory exemption for member banks from certain provisions of section 23A of the Federal Reserve Act and the Board's Regulation W. The exemption increases the capacity of member banks, subject to certain conditions designed to help ensure the safety and soundness of the banks, to enter into securities financing transactions with affiliates.","action":"Final rule.","agencies":[{"raw_name":"FEDERAL RESERVE SYSTEM","name":"Federal Reserve System","id":188,"url":"https://www.federalregister.gov/agencies/federal-reserve-system","json_url":"https://www.federalregister.gov/api/v1/agencies/188","parent_id":null,"slug":"federal-reserve-system"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2009/02/06/E9-2337.html","cfr_references":[{"chapter":null,"citation_url":null,"part":223,"title":12}],"citation":"74 FR 6225","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective January 30, 2009.","disposition_notes":null,"docket_ids":["Regulation W","Docket No. R-1330"],"dockets":[],"document_number":"E9-2337","effective_on":"2009-01-30","end_page":6226,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2009/02/06/E9-2337.xml","html_url":"https://www.federalregister.gov/documents/2009/02/06/E9-2337/transactions-between-member-banks-and-their-affiliates-exemption-for-certain-securities-financing","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/E9-2337?publication_date=2009-02-06","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2009-02-06/E9-2337/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":152,"last_updated":"2026-04-04 20:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2009-02-06/pdf/E9-2337.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2009-02-06","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2009/02/06/E9-2337.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-11-15T12:29:37Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":6225,"subtype":null,"title":"Transactions Between Member Banks and Their Affiliates: Exemption for Certain Securities Financing Transactions Between a Member Bank and an Affiliate","toc_doc":"Exemption for Certain Securities Financing Transactions Between a Member Bank and an Affiliate","toc_subject":"Transactions Between Member Banks and their Affiliates:","topics":["Banks, banking","Banks, banking","Banks, banking","Banks, banking","Federal Reserve System"],"type":"Rule","volume":74}