Reg. D IFR 2020 Apr – Q.9. May depository institutions suspend enforcement of the six transfer limit on a temporary basis, such as for six months?

Compliance > Regulation D - Reserve Requirements
Q:   May depository institutions suspend enforcement of the six transfer limit on a temporary basis, such as for six months?
 
A:  Yes.
 
 
This information can be found in the FRB’s Reg. D Interim Final Rule that was published on April 28, 2020 with a stated effective date of April 24, 2020, here - https://www.federalregister.gov/documents/2020/04/28/2020-09044/regulation-d-reserve-requirements-of-depository-institutions
 

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