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FRS RIN: 7100-AF40 Publication ID: Spring 2024 
Title: Regulation D--Reserve Requirements of Depository Institutions (Docket No: R-1652) 
Abstract:

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.

 
Agency: Federal Reserve System(FRS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 12 CFR 204   
Legal Authority: 12 U.S.C. 461    12 U.S.C. 342   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Board Requested Comments  03/12/2019  84 FR 8829   
Board Requested Comment Period End  05/13/2019 
Board Expects Further Action  06/00/2026 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Mary-Frances Styczynski
Lead Fin Inst Policy Analyst
Federal Reserve System
Division of Monetary Affairs,
Washington, DC 20551
Phone:202 452-3303

Marnie DeBoer
Senior Associate Director
Federal Reserve System
Division of Monetary Affairs,
Washington, DC 20551
Phone:202 452-3139

Gavin Smith
Senior Counsel
Federal Reserve System
Legal Division,
Washington, DC 20551
Phone:202 452-3474