Federal Reserve and Office of the Comptroller of the Currency extend comment period for proposed rule tailoring leverage ratio requirements

The following press release was published by the Board of Governors of the Federal Reserve System on May 18, 2018. It is reproduced in full below.

The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) on Friday extended until June 25, 2018, the comment period for their proposed rule that would tailor leverage ratio requirements to the business activities and risk profiles of the largest domestic firms.

The agencies extended the comment period to allow interested persons more time to prepare their comments, which were originally due on May 21.

Source: Board of Governors of the Federal Reserve System