Fed, FDIC, Comptroller of Currency & OPEN Comment Alert! Proposed 944 page rule "that would substantially revise the capital requirements applicable to large banking organizations and to banking organizations with significant trading activity."
TLDRS:
- New proposed 944 page rule "that would substantially revise the capital requirements applicable to large banking organizations and to banking organizations with significant trading activity."
- Comments due by 11/30/23.
- "Historical experience has demonstrated the impact individual banking organizations can have on the stability of the U.S. banking system, in particular banking organizations that would have been subject to the proposal."
https://public-inspection.federalregister.gov/2023-19200.pdf
No more just making it up?
subjectively modeled assumptions, you don't say!
Areas to dive deeper into
How to Comment:
To the Fed:
You may submit comments, identified by Docket No. R-1813, RIN 7100-AG64 by any of the following methods: Agency Web Site: https://www.federalreserve.gov. Follow the instructions for submitting comments at https://www.federalreserve.gov/generalinfo/foia/ProposedRegs.cfm. Federal eRulemaking Portal: https://www.regulations.gov. Follow the instructions for submitting comments. E-mail: [email protected]. Include the docket number and RIN in the subject line of the message.
FDIC:
Agency Web Site: https://www.fdic.gov/resources/regulations/federal-register-publications. Follow instructions for submitting comments on the FDIC’s website. Mail: James P. Sheesley, Assistant Executive Secretary, Attention: Comments/Legal OES (RIN 3064–AF29), Federal Deposit Insurance Corporation, 550 17th Street, NW, Washington, DC 20429. Hand Delivered/Courier: Comments may be hand-delivered to the guard station at the rear of the 550 17th Street, NW, building (located on F Street NW) on business days between 7 a.m. and 5 p.m. E-mail: [email protected]. Include the RIN 3064-AF29 on the subject line of the message.
