Regulation I: Issue and Cancellation of Capital Stock
Seat Time: 0.25hrs
This course will introduce the learner to Regulation I's relation to the issue and cancellation of capital stock. The course will discuss for the learner the requirements of Federal Reserve member banks. After completing this program, the learner will understand:
- Actions established by Regulation I.
- What a member bank must do when increasing or decreasing its permanent capitalization.
- Reasons for cancellation of member bank's ownership of Reserve Bank stock.
T1. Regulation I: This topic will present to the learner Regulation I, which provides the procedures that Federal Reserve System member banks must follow to purchase or redeem Federal Reserve Bank capital stock.