Letters

Liquidity Coverage Ratio Rule

Summary

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.

See also:
Liquidity Coverage Ratio: Treatment of U.S. Municipal Securities as High-Quality Liquid Assets

PDF

Committee

Equity Market Structure Committee, Equity Capital Markets, Municipal Securities Division

Date

24

July

2015