SIFMA Submits Comments to Multiple Federal Agencies on the Treatment of Unrealized Gains and Losses on U.S. Municipal Debt Securities

SIFMA submitted the attached comments to the Federal Reserve Board, the FDIC, and the OCC on the proposed treatment of unrealized gains and losses on U.S. municipal debt securities under Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Minimum Regulatory Capital Ratios, Capital Adequacy, Transition Provisions, and Prompt Corrective Action.

View comment letter here (links externally to SIFMA website).