Presidential Memorandum for the Secretary of the Treasury MEMORANDUM FOR THE SECRETARY OF THE TREASURY SUBJECT: Financial Stability Oversight Council The Dodd-Frank…Read More
Republican lawmakers on Tuesday asked the U.S. Treasury secretary to review the process a government council uses to label non-bank institutions “too big to fail,” saying the additional capital requirements…Read More
Fed releases request for public comment on regulating GE Capital. These rules will keep GECC busy for a while.
The Federal Reserve just came out with a request for public comment on the regulation of General Electric Capital Corp (GECC) as a Sifi, “Application of Enhanced Prudential Standards and…Read More
Some time ago we posted Now Everyone Can Be a SIFI, a look at new FSB proposals expanding the definition of a Significant Financial Institution. That’s the regulatory part. Now…Read More
A post at www.soberlook.com caught our eye. They look at the impact of SIFI 5% minimum capital ratios on repo. They make some good points but there are some problems…Read More
A paper from IMF Economist Manmohan Singh entitled “Puts in the Shadow” was published earlier this month. It is thought provoking and worth a read. We want to focus in…Read More