Request for Public Comment on Lower Risk Weighting for Bank Claims on Securities Firms - District Notice

Federal Reserve Bankll★Kof DallasDALLAS, TEXAS 75265-5906December 21, 2000Notice 00-80TO: The Chief Executive Officer of eachfinancial institution and others concernedin the Eleventh Federal Reserve DistrictSUBJECTRequest for Public Comment onLower Risk Weighting for Bank Claims onSecurities FirmsDETAILSThe Board of Governors of the Federal Reserve System, the Federal Deposit InsuranceCorporation, the Office of the Comptroller of the Currency, and the Office of Thrift Supervision haverequested public comment on a proposal to amend their capital standards for banks, bank holdingcompanies, and savings associations. The amendment would reduce the risk weight applied to claimson, or guaranteed by, qualifying securities firms incorporated in countries that are members of theOrganization for Economic Cooperation and Development from 100 percent to 20 percent.The Board must receive comments by January 22, 2001. Please address comments toJennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street andConstitution Avenue, N.W., Washington, DC 20551. Also, you may mail comments electronically toregs.comments@federalreserve.gov. All comments should refer to Docket No. R-1085.AT TACHMENTA copy of the agencies’ notice as it appears on pages 76180–84, Vol. 65, No. 235 of theFederal Register dated December 6, 2000, is attached.MORE INFORMATIONFor more information, please contact Dorsey Davis, (214) 922-6051, in theBanking ...