Banks argue that rule to set aside US$6 of capital for every US$100 of assets on their books unnecessarily burdens short-term financing
Tue, Oct 25, 2016 - 5:50 AM
The Fed and other US bank supervisors acknowledge that some short-term lending has disappeared since the rule's introduction. They differ, though, over how much SLR should be blamed and whether any adjustments are needed.
JUST as memories of the financial crisis are fading and tough new banking regulations are beginning to bite, some current and former regulators wonder whether one of the rules is too much of a burden for markets and taxpayers.