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Industry says Basel rule violates law if it isn’t revised

Jan 25, 2024 | Uncategorized | 0 comments

A coalition of financial trade groups issued a joint comment letter asserting that the federal bank regulators’ proposed capital rule lacked justification and evidence required by the Administrative Procedure Act, threatening legal action if regulators don’t delay and significantly amend the rule.
https://www.nationalmortgagenews.com/news/industry-says-basel-rule-violates-law-if-it-isnt-revised

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