Code · CFR · Title 12 — Banks and Banking · Part 270 — Open Market Operations of Federal Reserve Banks · § 270.1

§ 270.1. Authority.

32 words·~1 min read·/us/cfr/t12/s§ 270.1·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

This part is issued by the Federal Open Market Committee (the “Committee”) pursuant to authority conferred upon it by sections 12A and 14 of the Federal Reserve Act (12 U.S.C. 263, 355).

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U.S. Code

Federal Open Market Committee; creation; membership; regulations governing open-market transactions
§ 263

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§ 270.1

Authority.

U.S.C.§ 263

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