Basel III LCR Rule
Published on:
October 10, 2014
Committee:
SIFMA submitted supplemental comments to the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve and the Federal Deposit Insurance Corporation (the agencies) regarding the treatment of municipal securities under the Basel III Liquidity Coverage Ratio Rule. The agencies are considering an amendment to the rule to provide High Quality Liquid Asset treatment to certain municipal securities.