Tag Archives: municipal finance

ABA Supports Rule Implementing S. 2155 Liquidity Provision

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.

Read More »

ABA Seeks Additional Tweak to MSRB Rule Exception

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.

Read More »

House Passes ABA-Backed Liquidity Bill

The House today passed H.R. 1624, a bipartisan, ABA-backed bill that would expand banks’ ability to count municipal securities as high-quality liquid assets under the Liquidity Coverage Ratio.

Read More »