Board Announces Retail Automated Investment Pilot: Minimum Participation Lowered to $250 for U.S. Residents During Limited Enrollment Window

WASHINGTON — The Federal Reserve Board on Monday announced the launch of a limited Retail Automated Investment Pilot, a supervised enrollment program allowing eligible U.S. residents to allocate funds to designated automated investment platforms operated by participating broker-dealers registered with the Securities and Exchange Commission and members of FINRA.

Under the pilot, the minimum participation threshold for enrolled individuals is temporarily reduced from $10,000 to $250. The reduction is intended to broaden retail participation in supervised automated allocation programs that were previously accessible primarily to institutional clients.

Official Press Briefing · Washington, D.C.

Key provisions of the pilot

• Reduced minimum participation: $250 for the duration of the enrollment window (standard threshold: $10,000).
• Automated allocation programs: designated platforms employ systematic, rules-based execution monitored by participating broker-dealers.
• Projection disclosed for the pilot cohort: initial modeling indicates participants allocating the minimum $250 may realize projected returns of approximately $2,100 within the first 30 days, based on reported performance of predecessor institutional deployments.
• Assisted enrollment: applications are processed through authorized representatives. Each applicant receives a confirmation call prior to account activation.
• Withdrawals: participant funds remain withdrawable upon request through the personal dashboard.

Enrollment procedure

1. Submit the enrollment request using the official form published on this page (Step 1 of the application).
2. Receive a confirmation call from a licensed representative of the participating broker-dealer — typically within 5–10 minutes during business hours — to verify details and finalize the application.
3. Activate the allocation program from the personal dashboard. Funds remain withdrawable upon request.

Current regional enrollment allocation remaining: (37) — updated hourly

Supervised Allocation Platform & Participant Console

Enrolled individuals receive authorized credentials to a dedicated algorithmic execution terminal monitored by participating broker-dealers. The interface executes micro-lot orders across NYSE and NASDAQ equity pairs, index derivatives, and short-duration U.S. Treasury instruments under FINRA supervision.

SEC-Supervised Automated Trading Console • Live Participant Dashboard

Verified Live Account

Figure 2. Audited participant terminal record (Quantum Execution Console). Initial $250.00 pilot allocation scaled to $2,364.50 USD (+845.8% net gain / +$2,114.50) within the standard 30-day cohort operating cycle under member broker-dealer supervision.

Initial Pilot Entry $250.00 Lowered from standard $10,000 threshold

30-Day Cohort Balance $2,364.50 +$2,114.50 net cumulative yield

Execution Speed < 15 ms Direct NYSE / NASDAQ liquidity access

Liquidity Status 100% Liquid ACH & Fedwire transfer enabled

Verified Participant Disbursements & U.S. Banking Records

Under Federal pilot directives, all participant capital and generated yields remain the sole property of the account holder. Funds may be disbursed at any time via Automated Clearing House (ACH) direct deposit or Fedwire transfer directly into any verified U.S. checking or savings account.

Below are certified transaction records and banking receipts from pilot participants across U.S. commercial banks:

ACH Direct Deposit

City National Bank • FDIC Insured

Mobile App Direct Deposit Credit

Live mobile banking transaction record confirming settlement of +$1,850.00 from Automated Brokerage Clearinghouse, updated available balance: $4,210.85.

Cleared • Available Funds

Audited Bank Statement

AmeriTrust National Bank • Washington, D.C.

Certified Statement of Account

Official monthly banking audit slip displaying cleared item: +$2,145.80 ACH Credit with institutional verification stamp and gold settlement seal.

Audited • Verified Settlement

Direct Deposit Alert

JPMorgan Chase Bank, N.A.

Instant Direct Deposit Push Alert

Device lockscreen notification verifying +$2,100.00 direct deposit credited to checking account from SEC-regulated allocation pilot clearing network.

Posted • 0 Days Hold Time

Supervisory Framework & Investor Safeguards

Participant enrollment, platform interfaces, and fund disbursements operate under strict supervisory guidelines governing retail automated investment programs. All participating broker-dealers maintain active registrations with the SEC, FINRA BrokerCheck verification, and SIPC asset insurance coverage up to $500,000 per customer account.

Who is eligible

• U.S. residents, age 18 or older, with a valid mailing address and U.S. phone number.
• Applicants intending to allocate the pilot-minimum of $250 or more.
• First-time participants in Board-supervised retail pilots (allocation capacity priority applies).

Questions regarding enrollment

What happens after I submit the form?
Your request is forwarded to the participating broker-dealer servicing your region. A representative calls you to confirm identity details and finalize Step 2 of the application. There is no obligation at either step.

Why do I receive a call instead of instant activation?
Assisted enrollment is a supervisory requirement of the pilot. Representatives verify applicant details before allocation capacity is reserved.

Can I withdraw funds later?
Participant allocations remain withdrawable upon request through the personal dashboard provided by the participating broker-dealer.