Marginable OTC and Foreign Margin Stocks
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LIST OF MARGINABLE OTC STOCKS 1 AND LIST OF FOREIGN MARGIN STOCKS 2 AS OF 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 (OTC) that have been determined by the Board to be subject to margin requirements as of February 9, 1998, 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 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. 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) AB SKF 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 of 1st Source Capital ABAXIS, INC. ACE*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, INC. $1.00 par common $.01 par common $.01 par common ABC DISPENSING TECHNOLOGIES, INC. ACMAT CORPORATION 3-D SYSTEMS CORPORATION $.01 par common Class A, no par common $.001 par common ABC RAIL PRODUCTS CORPORATION ACORN PRODUCTS, INC. 3COM CORPORATION $.01 par common $.001 par common No par common ABER RESOURCES LTD. ACRES GAMING INCORPORATED 3D LABS INC. LIMITED No par common $.01 par common $.01 par common ABIGAIL ADAMS NATIONAL BANCORP, INC. ACRODYNE COMMUNICATIONS, INC. 3DFX INTERACTIVE, INC. $.01 par common $.01 par common No par common ABINGTON BANCORP, INC. (Massachusetts) ACT MANUFACTURING, INC. 3DO COMPANY, THE $.10 par common $.01 par common $.01 par common ABIOMED, INC. ACT NETWORKS, INC. 3DX TECHNOLOGIES, INC. $.01 par common $.01 par common $.01 par common ABLE TELCOM HOLDING CORPORATION * ACT TELECONFERENCING, INC. 4 KIDS ENTERTAINMENT, INC. $.001 par common No par common $.01 par common ABR INFORMATION SERVICES INC. ACTEL CORPORATION 4FRONT TECHNOLOGIES, INC. $.01 par common $.001 par common No par common ABRAMS INDUSTRIES, INC. ACTION PERFORMANCE COMPANIES, INC. 4HEALTH, INC. $1.00 par common $.01 par common $.01 par common Warrants (expire 01-15-1998) ABRAXAS PETROLEUM CORPORATION ACTIVE APPAREL GROUP, INC. $.01 par common $.002 par common 7TH LEVEL, INC. $.01 par common ABT BUILDING PRODUCTS CORPORATION ACTIVE VOICE CORPORATION $.01 par common No par common 800-JR CIGAR, INC. $.01 par common ACACIA RESEARCH CORPORATION ACTIVISION, INC. 8X8, INC. No par common $.0001 par common $.001 par common ACC CORPORATION ACTRADE INTERNATIONAL, LTD. A B ELECTROLUX $.015 par common $.001 par common Class B, American Depositary Receipts ACCEL INTERNATIONAL CORPORATION ACXIOM CORPORATION A.C. MOORE ARTS & CRAFTS, INC. $.10 par common $.10 par common No par common ACCELGRAPHICS, INC. ADAC LABORATORIES A.D.A.M. SOFTWARE, INC. $.001 par common No par common $.01 par common ACCELR8 TECHNOLOGY CORPORATION ADAGE, INC. A.S.V., INC. No par common $.60 par common $.01 par common ACCENT COLOR SCIENCES, INC. ADAPTEC, INC. AAON, INC. No par common $.001 par common $.001 par common ACCENT SOFTWARE INTERNATIONAL ADAPTIVE SOLUTIONS, INC. AARON RENTS, INC. Ordinary shares (par NIS .01) No par common $.50 par common $1.00 par common ACCESS ANYTIME BANCORP, INC. ADC TELECOMMUNICATIONS, INC. $.01 par common $.20 par common AASCHE TRANSPORTATION SERVICES, INC. $.0001 par common ACCESS HEALTH, INC. ADE CORPORATION Warrants (expire 02-09-2000) $.001 par common $.01 par common AASTROM BIOSCIENCES, INC. ACCLAIM ENTERTAINMENT, INC. ADECCO S.A. No par common $.02 par common American Depositary Receipts *Addition to List under Board criteria —1— †Addition to List under NMS designation ADELPHIA COMMUNICATIONS CORPORATION AER ENERGY RESOURCES, INC. ALARIS MEDICAL, INC. Class A, $.01 par common No par common $.01 par common ADEPT TECHNOLOGY, INC. AERIAL COMMUNICATIONS, INC. ALBANK FINANCIAL CORPORATION No par common $1.00 par common $.01 par common ADFLEX SOLUTIONS, INC. AEROVOX INCORPORATED ALCIDE CORPORATION $.01 par common $1.00 par common $.01 par common ADOBE SYSTEMS INCORPORATED AES CORPORATION, THE ALDILA, INC. No par common Warrants expire 2001 $.01 par common ADTRAN, INC. AETRIUM INCORPORATED ALEXANDER & BALDWIN, INC. $.01 par common $.001 par common No par common ADVANCE PARADIGM, INC. AFC CABLE SYSTEMS, INC. ALEXION PHARMACEUTICALS, INC. $.01 par common $.01 par common $.0001 par common ADVANCED AERODYNAMICS & STRUCTURES, AFFILIATED COMMUNITY BANCORP, INC. ALFA CORPORATION INC. $.01 par common $1.00 par common $.0001 par common ALFACELL CORPORATION Class A, warrants (expire 12-03-2001) AFFINITY TECHNOLOGY GROUP, INC. $.001 par common Class B, warrants (expire 12-03-2001) $.0001 par common ALGOMA STEEL, INC. ADVANCED COMMUNICATION SYSTEMS, INC. AFFINITY TELEPRODUCTIONS, INC. No par common $.01 par common $.01 par common ALGOS PHARMACEUTICAL CORPORATION ADVANCED DEPOSITION TECHNOLOGIES, INC. AFFYMETRIX, INC. $.01 par common $.01 par common No par common ADVANCED DIGITAL INFORMATION ALIANT COMMUNICATIONS, INC. AFSALA BANCORP, INC. (New York) $.25 par common CORPORATION $.01 par common No par common ALICO, INC. AFTERMARKET TECHNOLOGY CORPORATION $1.00 par common ADVANCED ELECTRONIC SUPPORT $.01 par common PRODUCTS, INC. ALIGN-RITE INTERNATIONAL, INC. $.001 par common AG ASSOCIATES, INC. $.01 par common No par common ADVANCED ENERGY INDUSTRIES, INC. ALKERMES, INC. $.001 par common AG-CHEM EQUIPMENT CO., INC. $.01 par common $.01 par common ADVANCED FIBRE COMMUNICATIONS ALL AMERICAN SEMICONDUCTOR, INC. $.01 par common AGOURON PHARMACEUTICALS, INC. $.01 par common ADVANCED HEALTH CORPORATION No par common ALLCITY INSURANCE COMPANY $.01 par common AGRI-NUTRITION GROUP LIMITED $1.00 par common ADVANCED LIGHTING TECHNOLOGIES, INC. $.01 par common ALLEGIANT BANCORP, INC. $.001 par common AGRIBIOTECH, INC. $.01 par common ADVANCED MARKETING SERVICES, INC. $.001 par common ALLEN ORGAN COMPANY $.001 par common AHL SERVICES, INC. Class B, $1.00 par common ADVANCED POLYMER SYSTEMS, INC. $.01 par common ALLIANCE BANCORP, INC. $.01 par common AIR CANADA CORPORATION $.01 par common Class A, non-voting par common ADVANCED RADIO TELECOM CORPORATION ALLIANCE COMMUNICATIONS CORPORATION $.001 par common AIR EXPRESS INTERNATIONAL CORPORATION Class B, non-voting, no par common $.01 par common ADVANCED TISSUE SCIENCES, INC. ALLIANCE GAMING CORPORATION $.01 par common AIR METHODS CORPORATION $.10 par common $.06 par common ADVANTA CORP. ALLIANCE PHARMACEUTICAL CORP. Class A, $.01 par common $.01 par common Class B, non-voting, $.01 par common AIRPORT SYSTEMS INTERNATIONAL, INC.