Committee Submits Comment Letter To Board of Governors of the Federal Reserve System
April 26, 2013CAMBRIDGE, Mass., April 25, 2013 —The Committee on Capital Markets Regulation yesterday submitted a comment letter to the Federal Reserve regarding its proposed rule that would, among other things, require foreign banks with U.S. operations to “ring-fence” additional capital and liquid assets in the United States, in large part at U.S.
CCMR Submits Comment Letters To Financial Stability Oversight Council
February 21, 2013CAMBRIDGE, Mass., February 15, 2013—The Committee on Capital Markets Regulation today submitted two comment letters to the Financial Stability Oversight Council (“FSOC”). The first letter argues that certain financial institutions, including asset managers and traditional insurers, should not be designated as “non-bank systemically important financial institutions,” or “non-bank SIFIs,” because
