Letters

Treatment of Unrealized Gains & Losses on US Municipal Debt Securities

Summary

SIFMA provides comments to the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) on the proposed treatment of unrealized gains and losses on US municipal debt securities under Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action.

PDF