[Federal Register Volume 60, Number 40 (Wednesday, March 1, 1995)]
[Proposed Rules]
[Page 11060]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-5068]



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DEPARTMENT OF THE TREASURY
26 CFR Part 1

[FI-42-94]
RIN 1545-AS85


Mark to Market for Dealers in Securities; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Correction to notice of proposed rulemaking.

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SUMMARY: This document contains corrections to the notice of proposed 
rulemaking [FI-42-94], which was published in the Federal Register for 
Wednesday, January 4, 1995 (60 FR 397). The proposed regulations relate 
to the mark-to-market method of accounting for securities that is 
required to be used by a dealer in securities.

FOR FURTHER INFORMATION CONTACT: Concerning Sec. 1.475(c)-2(a)(4), 
Carol A. Schwartz, (202) 622-3920; concerning other sections of the 
regulations, Robert B. Williams, (202) 622-3960, or JoLynn Ricks, (202) 
622-3920; concerning submissions and the hearing, Michael Slaughter, 
(202) 622-7190 (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The proposed regulations that are the subject of these corrections 
are under section 475 of the Internal Revenue Code.

Need for Correction

    As published, the notice of proposed rulemaking contains 
typographical errors that are in need of correction.

Correction of Publication

    Accordingly, the publication of the notice of proposed rulemaking 
which is the subject of FR Doc. 95-13, is corrected as follows:
    1. On page 403, column 3, Sec. 1.475(a)-1, paragraph (h), paragraph 
(ii) of Example., line 7, the word ``taxable'' is corrected to read 
``X''.
    2. On page 405, column 2, Sec. 1.475(c)-2, paragraph (a)(2), line 
3, the regulation section ``Sec. 1275-6(b)'' is corrected to read 
``Sec. 1.1275-6(b)''.
    3. On page 405, column 3, Sec. 1.475(c)-2, in the paragraph heading 
of paragraph (d), line 3, the regulation section ``Sec. 11275-6'' is 
corrected to read ``Sec. 1.1275-6''.
Cynthia E. Grigsby,
Chief, Regulations Unit, Assistant Chief Counsel (Corporate).
[FR Doc. 95-5068 Filed 2-28-95; 8:45 am]
BILLING CODE 4830-01-P