Browsing: Municipal finance

Banks and the Economy

The American Bankers Association yesterday wrote to the Federal Reserve, FDIC and OCC in support of an interim final rule the agencies issued recently implementing an ABA-advocated provision of S. 2155 that expands the pool of what counts as high-quality liquid assets under the Liquidity Coverage Ratio.


In comments filed with the Municipal Securities Rulemaking Board this week, ABA welcomed the MSRB’s acknowledgement of ABA concerns about its Rule G-34(a) amendment and reiterated the need for specific regulatory language.


ABA today commented on the Municipal Securities Rulemaking Board’s Rule 34-G proposal to require muni dealers to obtain CUSIP numbers for new issue securities sold in private placement transactions.

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