# Netting Eligibility for Financial Institutions
> **US Federal Reserve System** · Final rule. · Published 1996-01-19 · Effective 1996-02-20 · 61 FR 1273
## Document
- **Document number:** 96-506
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 61 FR 1273
- **CFR reference:** 12 CFR 231
- **Publication date:** 1996-01-19
- **Effective date:** 1996-02-20
- **Docket:** Regulation EE
## Abstract

The Board has amended Regulation EE to clarify that, for purposes of qualifying as a financial institution under Regulation EE, a person may represent that it is a financial market intermediary either orally or in writing. This amendment is intended to remove uncertainty in the financial markets as to the form of such representations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1996/01/19/96-506/netting-eligibility-for-financial-institutions)
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