On June 25th, the Federal Reserve Board proposed new data collection requirements related to selected money market instruments. To assist the Federal Reserve in monitoring money market conditions, the proposal would require insured depository institutions with total assets of $26 billion or more, and U.S. branches and agencies of foreign banks with third party assets of $900 million or more, to report daily to the Federal Reserve on their federal funds transactions, Eurodollar transactions, and certificates of deposit. Comments should be submitted within 60 days after publication in the Federal Register, which is expected shortly. Federal Reserve Board Press Release.