Movement to Study Effectiveness of Regulation D Pushes Forward
Finally, someone is asking the important question of whether the burdensome Regulation D is really serving a useful purpose. The House Financial Services Committee will begin markup of a bill on Tuesday that calls for a study of the effectiveness of Regulation D. The study is to look at how Reg. D has been used to conduct U.S. monetary policy, its impact on reserves at financial institutions, the impact on consumers, and what alternative approaches there may be. [7/28/14]
