Specifically, I want to emphasize that you should not wait until the end of the comment period to submit comments; our staffs are working diligently to review them even now so that we will be ready to proceed in the development of a final rule.
Many other central banks limit their dealing to banks or selected groups of primary dealers. The daily routine in market operations is fairly straightforward. The Bank’s dealing intentions are announced at 9.30 am each morning, dealing is completed over the subsequent half hour, and details of dealings are published at around 10.15 am.