This Federal Reserve regulation requires banks to maintain adequate reserves for the funds they have on deposit.

Name: This Federal Reserve regulation requires banks to maintain adequate reserves for the funds they have on deposit.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Regulation D requires banks to maintain adequate reserves for their deposits. Regulations C and DD relate to reporting requirements for certain types of transactions, while Regulation CC pertains to funds availability and check processing.

This Federal Reserve Regulation Requires Banks to Maintain Adequate Reserves