US regulators uneasy with Collins amendment

Bank supervisors echo industry concerns about Dodd-Frank capital and leverage rules

Capitol Hill in Washington DC
Washington, DC

Industry worries about new minimum capital standards built into the Dodd-Frank Act are justified, say senior US regulators.

In a measure originally proposed by Republican senator Susan Collins of Maine, section 171 of Dodd-Frank sets a minimum leverage capital and risk-based capital floor for US banks.

The rules say minimum leverage capital and risk-based capital requirements cannot be less than the generally applicable risk-based capital and leverage capital requirements. Meanwhile, minimum

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