Federal Reserve System publishes rule on March 8

The US Federal Reserve System published a two page rule on March 8, according to the U.S. Government Publishing Office.

The rule is focused on Availability of Funds and Collection of Checks.

The Federal Reserve is the US's central bank, expanding many times during great financial uncertainty and panic. It has faced numerous criticisms since its creation in 1913, such as making the Great Depression worse and for lacking transparency and audits.

Notices are required documents detailing rules and regulations being proposed by each federal department. This allows the public to see what issues legislators and federal departments are focusing on.

Any person or organization can comment on the proposed rules. Departments and agencies must then address “significant issues raised in comments and discuss any changes made,” the Federal Register says.

Notices published by the Federal Reserve System on March 8

Title
Credit by Brokers and Dealers; List of Foreign Margin Stocks
Availability of Funds and Collection of Checks
Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies
Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities
Formations of, Acquisitions by, and Mergers of Bank Holding Companies