Regulations last checked for updates: Dec 16, 2025

Title 12 - Banks and Banking last revised: Dec 04, 2025
§ 270.1 - Authority.

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.

authority: Sec. 8, 48 Stat. 168, as amended (12 U.S.C. 263)
source: 38 FR 2753, Jan. 30, 1973, unless otherwise noted.
cite as: 12 CFR 270.1