Fed Raises Reg D Reserve Tranche Limits
The Federal Reserve Board is raising the top of the low-reserve tranche (the amount of net transactions subject to the 3% reserve requirement) from $103.6 million to $110.1 million for 2016. In addition, the limit for the amount of net transactions that will be exempt from Reg. D reserve requirements will increase from $14.5 million to $15.2 million. [11/13/15]