Banking supervisors use existing authority to tighten rules

01/22/2010 | Bloomberg

The Federal Reserve, Office of the Comptroller of the Currency and other banking supervisors are planning to use existing authority to toughen standards for liquidity, capital and risk management. The moves come as the Obama administration and Congress are debating a sweeping overhaul of the financial-regulatory structure. The regulators' changes would follow recommendations outlined by the Basel Committee.

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