FDIC's estimates of Dodd-Frank costs are accurate, IG says

06/16/2011 | Bloomberg

The Federal Deposit Insurance Corp. inspector general said the agency is properly estimating the costs associated with new derivatives rules and capital requirements. "We found that the FDIC assigned highly qualified subject matter experts to develop the technical aspects of the proposed rules and to conduct economic analysis, where appropriate," the inspector general said in a report. The analysis covered the FDIC's proposed rules for margin requirements in derivatives trades, risk-retention rules and higher capital standards.

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