A stock company furnishing evidence that it is authorized to write
workmen's compensation insurance under the laws of the United States or
of any State, which holds a certificate of authority from the Secretary
of the Treasury as an acceptable surety on Federal bonds, unless
requested to do so, need not transmit to the Office with its application
copies of such financial reports as are on file in the Department of the
Treasury. The acceptance by that Department of such a company will be
considered by the Office in conjunction with the application of such
company, provided there has been compliance with the other requirements
of the regulations in this part.