A letter from a bank regulatory agency and other administrator that interprets the law for individual parties or issues. An interpretive letter is in effect once it is issued, but it is not binding. The 1989 ruling by the Federal Reserve to grant banks the right to underwrite corporate bonds is an example of an interpretive letter.

Related information about interpretive letter:

1. Interpretive Letter Definition | Investopedia
   A letter issued by banking regulators that interprets the banking law for a specific issue or party. Interpretive letters become effective immediately upon issuance.
    
2. Interpretive Letter 1116 - Office of the Comptroller of the Currency
   O. Comptroller of the Currency. Administrator of National Banks. Washington, DC 20219. Interpretive Letter #1116. May 6, 2009. May 2009. 12 CFR 3. Dear [. ] ...
    
3. OCC: Capital Policy: Interpretive Letters
   Home Equity Lines of Credit: Securitization (Interpretive Letter 1035, August 2005 ) ... Loans for Margin Stock (Interpretive Letter 1104, December 2008) ...
    
4. Interpretive Letter 1051 - Office of the Comptroller of the Currency
   O. Comptroller of the Currency. Administrator of National Banks. Washington, DC 20219. Interpretive Letter #1051. March 2006. February 15, 2006. 12 USC 24(7) ...
    
5. Interpretive Letter 1134 - Office of the Comptroller of the Currency
   Interpretive Letter #1134. August 2, 2011. December 2011. 12 CFR 32.2(k)(2)(vi). Ms. Rose Oswald Poels. President/CEO. Wisconsin Bankers Association ...
    
6. Interpretive Letter 1048 - Office of the Comptroller of the Currency
   Comptroller of the Currency. Administrator of National Banks. Washington, DC 20219. Interpretive Letter #1048. December 21, 2005. January 2006. 12 USC 29 ...
    
7. Interpretive Letter 1106 - Office of the Comptroller of the Currency
   Comptroller of the Currency. Administrator of National Banks. Washington, DC 20219. October 10, 2008. Interpretive Letter #1106. December 2008. 12 USC 92a ...
    
8. Interpretive Letter 1014 - Office of the Comptroller of the Currency
   O. Comptroller of the Currency. Administrator of National Banks. Washington, DC 20219. January 10, 2005. Interpretive Letter #1014. February 2005. 12 USC ...