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  The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
  
  The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
  
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Circular

Revisions to Operating Circulars 6 and 7

September 29, 2017

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Effective October 29, 2017, the Federal Reserve Banks are amending Operating Circular 6, Funds Transfers Through the Fedwire® Funds Service, and Operating Circular 7, Book-Entry Securities Account Maintenance and Transfer Services.

See the link below on the Federal Reserve Bank Services website for the official version of each amended operating circular. A summary of key changes and redlined excerpts of the two operating circulars showing changes from the June 30, 2016, versions are also available at the link below. To request a paper copy of any operating circular, contact your Customer Contact Center.

Your continued use of the Fedwire Funds Service or Fedwire Securities Service on or after October 29, 2017, constitutes agreement to the revised terms of the operating circulars.

Operating Circulars

“Fedwire” is a registered service mark of the Federal Reserve Banks.

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