ELFA and SFNet Create Joint Statement on Proposed Basel III Regulatory Capital Rule
In separate comment letters submitted this week to Federal bank regulatory agencies, the Equipment Leasing & Finance Association (ELFA) and the Secured Finance Network (SFNet) urged the agencies to consider additional recommendations to the proposed Basel III rulemaking to preserve the critical role of asset-based lending in financing businesses and driving U.S. economic activity. The comments were submitted to the board of governors of the Federal Reserve System, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), in...
Read moreDetails
