# Regulations Governing New Treasury Direct System
> **Fiscal Service** · Final rule. · Published 2004-01-16 · Effective 2004-01-16 · 69 FR 2506
## Document
- **Document number:** 04-1039
- **Category:** other
- **Sub-agency:** Fiscal Service
- **Federal Register citation:** 69 FR 2506
- **CFR reference:** 31 CFR 363
- **Publication date:** 2004-01-16
- **Effective date:** 2004-01-16
## Abstract

New Treasury Direct (also referred to as Treasury Direct) is a book-entry, online system for purchasing, holding and conducting transactions in Treasury securities. This rule amends the regulations relating to accounts belonging to minors. This rule also sets forth the rules for custom accounts, which are accounts created for a specific purpose. This rule also removes references to special forms of registration for decedents' and incompetents' estates. Rather than change registrations for these circumstances, we will handle the transactions offline. When we initiated New Treasury Direct, we published but deferred the implementation of several sections dealing with minor accounts. All deferred sections dealing with minor accounts have been deleted or amended in their entirety, and the new sections are effective with this rule.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2004/01/16/04-1039/regulations-governing-new-treasury-direct-system)
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