Regulation D: Reserve Requirements of Depository Institutions
The Board of Governors of the Federal Reserve System (Board) is requesting comment on whether it should propose amendments to its Regulation D (Reserve Requirements of Depository Institutions, to lower the rate of interest paid on excess balances (“IOER”) maintained at Federal Reserve Banks (Reserve Banks) by eligible institutions that hold a very large proportion of their assets in the form of balances at Reserve Banks.
|Date proposed:||March 6, 2019|
|Comments due date:||May 13, 2019|
|Final rule effective date:||
|Rule compliance date:|
|Agency release:||Federal Reserve Board issues advance notice of proposed rulemaking seeking public comment on whether to amend Regulation D to lower certain interest rates paid on balances at Federal Reserve Banks|
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