What's the best brokerage firm to buy federal reserve stock? The federal reserve seems to be a really solid company imo, thinking of getting in on the action.
>>1240582
Top kek 11/22
Are you a sovereign nation or a "too big to fail" bank?
If yes, why don't you have a broker?
If no, try again next time.
>>1240582
Sure, bro. You are restricted to $25 grand worth, though. Walk in to the St. Louis Fed and tell them you want to buy $25k worth of stock. Cite the US code below. Record it on Youtube and then report back here.
>12 U.S. Code § 283 - Public subscription to capital stock
>No individual, copartnership, or corporation other than a member bank of its district shall be permitted to subscribe for or to hold at any time more than $25,000 par value of stock in any Federal reserve bank. Such stock shall be known as public stock and may be transferred on the books of the Federal reserve bank by the chairman of the board of directors of such bank.
>(Dec. 23, 1913, ch. 6, §2 (par.), 38 Stat. 253.)
>>1240582
WFC, JPM, C tickers are a few
>>1241544
Wot.