Mutilated currency rules amended

The Bureau of Engraving and Printing has published [79 FR 30724] an Interim Final Rule amending its regulations on exchange of mutilated paper currency in order to update mutilated currency procedures and eliminate references to obsolete practices and terms. The amendments will also serve to deter fraud and abuse in the mutilated currency redemption process. The rule is effective immediately, with comments accepted through July 28, 2014.