The
reserve amount is specified
by the Federal
Reserve Board's Regulation D. Regulation D created a set of uniform
reserve requirements for all
depository institutions with transaction accounts, and requires banks to provide regular reports to the Federal
Reserve.
The
reserve amount is specified
by the Federal
Reserve Board's Regulation D. Regulation D created a set of uniform
reserve requirements for all
depository institutions with transaction accounts, and requires banks to provide regular reports to the Federal
Reserve.