Description
Although most of Regulation D’s provisions no longer apply, this course explains the provisions that remain: Those applicable to certificates of deposit (time deposits) and negotiable orders of withdrawal (NOW) accounts. It also covers important Regulation D definitions (e.g., demand deposit accounts, savings accounts, time deposits and others) that are used in other regulations and contexts.
What You’ll Learn
After completing this course, students will be able to:
- Explain the purpose of Regulation D and its current status
- Describe the characteristics of transaction accounts, savings accounts, and time deposits and how they differ
