Tuesday, May 7, 2013

the fed just put in place new rules for cashing in foreign currency,


Subject: the fed just put in place new rules for cashing in foreign currency,
the new rules start may 13, 2013,  can you say RV.


FRB: Press Release--Federal Reserve Board announces the finalization of standards for banking organizations regulated by the F

5 comments:

Anonymous said...

Ya just gotta love people who can't READ!

The types of transactions covered by the rule include foreign exchange transactions that are futures or options on futures, over-the-counter options on foreign currency, and so-called rolling spot transactions. The rule covers entities regulated by the Federal Reserve including state-chartered banks that are members of the Federal Reserve System, bank and savings and loan holding companies, Edge Act and agreement corporations, and uninsured, state-licensed branches and agencies of foreign banks.

It has NOTHING to do with cashing in foreign currency. It has to do with foreign exchange transactions that are futures or options on futures, over-the-counter options on foreign currency, and so-called rolling spot transactions.

Cashing in foreign currency is not part of this!

Anonymous said...

The Federal Reserve shouldn't be making any rules at this point. These decisions should now be in the hands of Jack Lew and the US Treasury. Hasta La Vista, baby!

Anonymous said...

Look up in the SKY, Charlie Brown...it's...it's the GREAT PUMPKIN!!!

Anonymous said...

after the rv and nesara is announced there will be no federal reserve so dont worry about them making rules three trying to save there butts

Anonymous said...

I SAY GET A ROPE.... THESE AHO'S NEED TO DANGLE AND SQUIRM.... BENNY BABY YOUR NEW TIE AROUND YOUR NECK ALONG WITH YOUR PREDECESSOR ALAN WILL LOOK GOOD SIDE BY SIDE.... WE CAN ARRANGE IT SO YOU CAN BE LOOKING AT EACH OTHER WHEN THE TRAP DOOR UNDER YOUR FEET OPENS....