In this note we consider regular Sturm-Liouville equations with a floa
ting singularity of a special type: the coefficient of the second orde
r derivative contains the eigenvalue parameter. We determine the form
of the boundary conditions which make the problem selfadjoint after li
nearizing. In general the boundary conditions for the linearized syste
m give rise to boundary conditions which involve the eigenvalue parame
ter in the original, non-linearized, problem. The boundary conditions
give rise to a 2 x 2 matrix function, the so - called Titchmarsh-Weyl
coefficient. The characteristic properties of this function are studie
d. The formal aspects of the theory of this class of equations turn ou
t to be quite parallel to those for the usual situation when there is
no floating singularity.