SIFMA provides comments to the Federal Reserve System on their proposed change to the Liquidity Coverage Ratio Rule to provide High Quality Liquid Asset treatment for certain municipal securities. SIFMA raises several concerns regarding the narrow scope of the proposal.
SIFMA, SIFMA AMG, American Bankers Association (ABA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), Insured Retirement Institute (IRI),…