Capital Rules Will Ease Up On Small Banks, Regulators Say

Law360, New York (November 14, 2012, 6:11 PM EST) -- Federal banking regulators on Wednesday told skeptical lawmakers that they would take community bankers' concerns regarding the treatment of mortgages and securities into account when they write final rules requiring banks to raise the quality and quantity of capital they hold.

In a hearing before members of the Senate Banking Committee, top officials from the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency said they would take the concerns of community bankers into account as they work to...
To view the full article, register now.