United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2009_register executive 2010-09-23 article Proposed Rules D09002ee1c80766e2 D09002ee1c8076765 United States Federal Reserve System originator org United States Government Agency or Subagency The Board is requesting public comment on proposed amendments to Regulation D, Reserve Requirements of Depository Institutions, to authorize the establishment of limited-purpose accounts at Federal Reserve Banks ("Reserve Banks") for the maintenance of excess balances of eligible institutions (both as defined in Regulation D). These excess balance accounts ("EBAs") would contain only the excess balances of the eligible institutions participating in such accounts, although the participating eligible institutions ("EBA Participants") would authorize another institution ("EBA Agent") to manage the EBA on their behalf. The authorization of EBAs is intended to allow eligible institutions to earn interest on their excess balances at the excess balance rate in an account relationship directly with the Federal Reserve Bank as counterparty without disrupting established business relationships with their correspondents. Continuing strains in financial markets and the configuration of interest rates support the implementation of EBAs; however, the Board will evaluate the continuing need for EBAs when more normal market functioning is restored. The Board seeks comment on all aspects of the proposal. 74 FR 5628 https://www.govinfo.gov/app/details/FR-2009-01-30/E9-1996 E9-1996 FR30JA09-14 6210-01-P Regulation D Docket No. R-1350 https://www.govinfo.gov/app/details/FR-2009-01-30/E9-1996 https://www.govinfo.gov/content/pkg/FR-2009-01-30/html/E9-1996.htm https://www.govinfo.gov/content/pkg/FR-2009-01-30/pdf/E9-1996.pdf Banks Banking Reporting and Recordkeeping Requirements 4 p. 5628 5631 74 FR 5628 Title 12 Part 204 12 CFR Part 204 Reserve Requirements of Depository Institutions; Federal Register Vol. 74, Issue PRORULE E9-1996 FEDERAL RESERVE SYSTEM 2009-03-02 Regulation D Docket No. R-1350 6210-01-P E9-1996 Notice of proposed rulemaking; request for public comment.

The Board is requesting public comment on proposed amendments to Regulation D, Reserve Requirements of Depository Institutions, to authorize the establishment of limited-purpose accounts at Federal Reserve Banks ("Reserve Banks") for the maintenance of excess balances of eligible institutions (both as defined in Regulation D). These excess balance accounts ("EBAs") would contain only the excess balances of the eligible institutions participating in such accounts, although the participating eligible institutions ("EBA Participants") would authorize another institution ("EBA Agent") to manage the EBA on their behalf. The authorization of EBAs is intended to allow eligible institutions to earn interest on their excess balances at the excess balance rate in an account relationship directly with the Federal Reserve Bank as counterparty without disrupting established business relationships with their correspondents. Continuing strains in financial markets and the configuration of interest rates support the implementation of EBAs; however, the Board will evaluate the continuing need for EBAs when more normal market functioning is restored. The Board seeks comment on all aspects of the proposal.

Comments must be submitted by March 2, 2009. Sophia H. Allison, Senior Counsel (202/452-3565), or Dena L. Milligan, Staff Attorney (202/452-3900), Legal Division, or Seth Carpenter, Deputy Associate Director (202/452- 2385), or Margaret Gillis DeBoer, Section Chief (202/452-3139), Division of Monetary Affairs; for users of Telecommunications Device for the Deaf (TDD) only, contact (202/263-4869); Board of Governors of the Federal Reserve System, 20th and C Streets, NW., Washington, DC 20551. Banks Banking Reporting and Recordkeeping Requirements Reserve Requirements of Depository Institutions , regs.comments@federalreserve.gov http://www.federalreserve.gov http://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm http://www.regulations.gov Vol. 74, no. 19 Office of the Federal Register, National Archives and Records Administration 2009-01-30 continuing daily deposited born digital 203 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2009-01-30 P0b002ee1809aae31 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:FR30JA09 https://www.govinfo.gov/app/details/FR-2009-01-30 https://www.govinfo.gov/content/pkg/FR-2009-01-30/pdf/FR-2009-01-30.pdf https://www.govinfo.gov/content/pkg/FR-2009-01-30/xml/FR-2009-01-30.xml fdlp 5595 5796 DGPO 2010-09-23 2024-06-05 FR-2009-01-30 machine generated eng FR FR-2009-01-30 74 19