TRUTH-IN-LENDING II: The Fed gave lenders more flexibility in disclosing rates for variable rate loans of more than one year that are secured by a principal dwelling. Expected to be published shortly. Effective immediately, but compliance is optional until Oct. 1, 1998.
COMPUTER SECURITY: The Fed issued guidelines Monday designed to help banks ensure the integrity, availability, and confidentiality of information moved electronically. For example, the Fed advised banks to establish comprehensive information security programs, paying special attention to internal network security. Effective immediately.