LIST of FOREIGN MARGIN STOCKS March 1, 1999
Total Page:16
File Type:pdf, Size:1020Kb
LIST OF FOREIGN MARGIN STOCKS ASOF March 1, 1999 The List of Foreign Margin Stocks is published semi-annually by the Board of Governors of the Federal Reserve System (the Board). The List of Foreign Margin Stocks is composed of foreign equity securities that have met the Board's eligibility criteria, pursuant to Regulation T, Section 220. 11. These foreign equity securities are eligible for margin treatment at broker-dealers on the same basis as domestic margin securities, as are foreign equity securities that are deemed to have a "ready market" under SEC Rule 15c3-1 (17 CFR 240.15c3-1) or a "no-action" position issued thereunder. This list supersedes the previous List of Foreign Margin Stocks published effective November 9, 1998. CAUTION: It is unlawful for any person to cause any representation to be made that inclusion of a security on the List of Foreign Margin Stocks indicates that the Board or the Securities and Exchange Commission has in any way approved such security or transaction therein. Also, any reference to the Board in connection with the List of Foreign Margin Stocks or any securities thereon in an advertisement or similar communication is unlawful. Any inquiry relating to the List of Foreign Margin Stocks or to Regulations T or X should be addressed to the nearest Federal Reserve Bank. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis List of Foreign Margin Stocks Germany HITACHI CONSTRUCTION MACHINERY MAX CO., LTD. CO., LTD. ¥50 par common ¥50 par common GEHEAG MEIDENSHA CORPORATION Ordinary shares, par DM 50 HITACHI SOFTWARE ENGNEERING CO., ¥50 par common LTD. HOECHSTAG MICHINOKU BANK, LTD. ¥50 par common OrdinlW shares, par OM 50 ¥50 par common HITACHI TRANSPORT SYSTEM, LTD. MUSASHINO BANK, LTD. ¥50 par common Hong Kong ¥500 par common HOKKOKU BANK, LTD. NAMCO, LTD. PEREGRINE INVESTMENT HOLDINGS ¥50 par common LTD. ¥50 par common Ordinary, par HK $0.60 HOKUETSU BANK, LTD NICHICON CORP. ¥50 par common ¥50 par common HOKUETSU PAPER MILLS, LTD. Japan NICHIMEN CORP. ¥50 par common ¥50 par common AIWA CO., LTD. IYO BANK, LTD. NIHON UNISYS, LTD. \150 par common ¥50 par common ¥50 par common AKITA BANK, LTD. JACCS CO., LTD. NIPPON COMSYS CORP. \150 par common ¥50 par common ¥50 par common AOMORI BANK, LTD. JAPAN AIRPORT TERMINAL CO., LTD. NIPPON TRUST BANK, LTD. \150 par common ¥50 par common ¥50 par common ASATSU INC. JAPAN SECURITIES FINANCE CO., LTD. NISHI-NIPPON BANK, LTD. ¥50 par common ¥50 par common \150 par common SANDAl CO., LTD. JUROKU BANK, LTD NISHI-NIPPON RAILROAD CO., LTD. ¥50 par common ¥50 par common ¥50 par common BANK OF KINKI, LTD. KAGOSHIMA BANK, LTD. NISSAN CHEMICAL INDUSTRIES, LTD. ¥50 par common ¥50 par common ¥50 par common BANK OF NAGOYA, LTD. KAMIGUMI CO., LTD. NISSAN FIRE & MARINE INSURANCE CO., ¥50 par common ¥50 par common LTD. ¥50 par common CHUDENKO CORP. KATOKICHI CO., LTD. OGAKI KYORITSU BANK, LTD. ¥50 par common ¥50 par common ¥50 par common CHUGOKU BANK, LTD. KEISEI ELECTRIC RAILWAY CO., LTD. \150 par common Q.P. CORP. ¥50 par common ¥50 par common CLARION CO., LTD. KEIYO BANK, LTD. ¥50 par common RINNAI CORPORATION ¥50 par common ¥50 par common DAIHATSU MOTOR CO., LTD. KIYO BANK, LTD. ¥50 par common RYOSAN CO., LTD. ¥50 par common ¥50 par common DAINIPPON SCREEN MFG. CO., LTD. KOMORI CORP. ¥50 par common SAGAMI RAILWAY CO., LTD. ¥50 par common ¥50 par common DAIWA KOSHO LEASE CO., LTD. KONAMI CO., LTD. SAIBU GAS CO., LTD. ¥50 par common ¥50 par common ¥50 par common DENKI KAGAKU KOGYO KURIMOTO, LTD. SAKATA SEED CORP. \150 par common ¥50 par common ¥50 par common EIGHTEENTH BANK, LTD. KYOWA EXEO CORP. SANKI ENGINEERING CO., LTD. \150 par common ¥50 par common ¥50 par common FUTABA CORP. KYUDENKO CORP. SANTEN PHARMACEUTICAL CO., LTD. ¥50 par common ¥50 par common ¥50 par common FUTABA INDUSTRIAL CO., LTD. MAEDA ROAD CONSTRUCTION CO., LTD. SANYO SECURITIES CO., LTD. \150 par common ¥50 par common ¥50 par common HIGO BANK, LTD. MATSUSHITA SEIKO CO., LTD. SHIMADZU CORP. ¥50 par common ¥50 par common ¥50 par common -1- Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis • SHIMAMURA CO., LTD. TOHO BANK, LTD. UNI-CHARM CORP. ¥50 par common ¥50 par common ¥50 par common SUMITOMO RUBBER INDUSTRIES, LTD. TOHO GAS CO., LTD. ¥50 par common ¥50 par common USHIO, INC. ¥50 par common SURUGA BANK, LTD. TOKYO OHKA KOGYO CO., LTD. • ¥50 par common ¥50 par common YAMAHA MOTOR CO., LTD. TAIYO YUDEN CO., LTD. TOKYO SOWA BANK, LTD. ¥50 par common ¥50 par common ¥50 par common YAMANASHI CHUO BANK, LTD. TAKARA STANDARD CO., LTD. TOKYO TATEMONO CO., LTD. ¥50 par common ¥50 par common ¥50 par common TAKASAGO THERMAL ENGINEERING CO. TOKYO TOMIN BANK, LTD. YODOGAWA STEEL WORKS, LTD. ¥50 par common ¥500 par common ¥50 par common • TAKUMA CO., LTD. TOSHIBA CERAMICS CO., LTD. ¥50 par common ¥50 par common • • • • • • • -2- • Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis • LIST OF MARGINABLE OTC STOCKS 1 AND LIST OF FOREIGN MARGIN STOCKS 2 • ASOF February 9, 1998 - March 31, 1998 (Regulations G and U) February 9, 1998 - January 1, 1999 (Regulations T and X) The List of Marginable OTC Stocks and the List of Foreign Margin Stocks are published quarterly by the Board of Governors of the Federal Reserve System (the Board). The List of Marginable OTC Stocks is composed of stocks traded in the United States over-the-counter r• (OTC) that have been determined by the Board to be subject to margin requirements as of February 9, 1998, I pursuant to Section 207.6 of Federal Reserve Regulation G, "Securities Credit by Persons Other Than Banks, Brokers, or Dealers," Section 220.17 of Regulation T, "Credit by Brokers and Dealers," and Section 221.7 of I Regulation U, "Credit by Banks for the Purpose of Purchasing or Carrying Margin Stocks." It also includes all OTC stocks designated as National Market System (NMS) securities. Additional NMS securities may be added in the interim between Board quarterly publications; these securities are immediately marginable upon designation as NMS securities. The names of these securities are available at the National Association of Securities Dealers, Inc. and at the Securities and Exchange Commission. This List supersedes the previous List of Marginable OTC • Stocks published effective November 10, 1997. Pursuant to amendments recently adopted by the Board, lenders subject to Regulation G will become subject to a revised Regulation U on April 1, 1998 and Regulation G will be removed from the Code of Federal Regulations. Also on April 1, 1998, Regulation U will be revised so that lenders other than brokers and dealers will no longer be required to apply the Board's margin requirements to all OTC stocks on the OTC List. Instead, lenders subject to the revised Regulation U will be required to apply the Board's margin requirements only to • those OTC stocks that qualify as NMS securities. The names of these securities are available at the National Association of Securities Dealers, Inc. and at the Securities and Exchange Commission. Lenders subject to Regulation T and borrowers subject to Regulation X who are required under Section 224.3(a) to conform credit they obtain to Regulation T must continue to use the OTC List until publication of the next OTC List, anticipated for May 1998. An amendment to Regulation T that will make all stocks trading in the Nasdaq Stock Market marginable at brokers and dealers will be effective January 1, 1999. The Board will cease • publication of the OTC List at that time. The List of Foreign Margin Stocks is composed of foreign equity securities that have met the Board's eligibility criteria, pursuant to Regulation T, Section 220.17. These foreign equity securities are eligible for margin treatment at broker-dealers on the same basis as domestic margin securities. This list supersedes the previous List of Foreign Margin Stocks published effective November 10, 1997. CAUTION: It is unlawful for any person to cause any representation to be made that inclusion of a security on • the List of Marginable OTC Stocks or the List of Foreign Margin Stocks indicates that the Board or the Securities and Exchange Commission has in any way approved such security or transaction therein. Also, any reference to the Board in connection with these Lists or any securities thereon in an advertisement or similar communication is unlawful. Any inquiry relating to these Lists or to Regulations G, T, U or X should be addressed to the nearest • Federal Reserve Bank. 1 (Prepared for Purposes of Regulations G, T, U and X) • 2(Prepared for Purposes of Regulation T Only) BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis .. • List of Marginable OTC Stocks @ENTERTAINMENT, INC. AAVID THERMAL TECHNOLOGIES. INC. ACCOM,INC. $.01 par common $.01 par common $.001 par common • 1ST BANCORP (Indiana) ABSKF ACCUGRAPH CORPORATION $1.00 par common American Depositary Receipts Class A, No par common 1ST BERGEN BANCORP ABACAN RESOURCE CORPORATION ACCUMED INTERNATIONAL, INC. No par common No par common No par common 1ST SOURCE CORPORATION ABACUS DIRECT CORPORATION ACE CASH EXPRESS, INC. $1.00 par common $.001 par common $.01 par common Fixed rate cumulative trust preferred securities i• of 1st Source Capital ABAXIS, INC. AC~COMM CORPORATION Floating rate cumulative trust preferred No par common $.01 par common securities of 1st Source ABC BANCORP (Georgia) ACETO CORPORATION 3-D GEOPHYSICAL.