The Federal Reserve Board amended regulations to “lower reserve requirement ratios on transaction accounts maintained at depository institutions to zero percent.” The FRB also proposed amendments to (i) create a new single "interest on reserve balances" rate and (ii) simplify the formula for payment of interest on balances.
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21984 News Results
The CFTC Division of Market Oversight released a "workbook" for market participants to clarify which exchange-traded futures contracts would be subject to the new position limits rule.
OFAC authorized certain transactions related to the Petróleos de Venezuela, S.A. 2020 8.5 Percent Bond, which otherwise would be prohibited by Executive Order.
The SEC proposed amendments to rules and forms to “mitigate the risk of unregistered distributions in connection with sales of market-adjustable securities.”
The SEC Division of Corporation Finance provided disclosure guidance for "special purpose acquisition companies" conducting initial public offerings and related business combination transactions.