WASHINGTON, Nov. 20 -- Federal Reserve System has issued a rule called: Federal Reserve Bank Capital Stock.
The rule was published in the Federal Register on Nov. 20 by Benjamin W. McDonough, Deputy Secretary of the Board.
Summary: The Board of Governors (Board) is publishing a final rule that applies an inflation adjustment to the threshold for total consolidated assets in Regulation I. Federal Reserve Bank (Reserve Bank) stockholders that have total consolidated assets above the threshold receive a different dividend rate on their Reserve Bank stock than stockholders with total consolidated assets at or below the threshold. The Federal Reserve Act requires that the Board annually adjust the total consolidated asset threshold to reflect ...