Read the Full Letter [PDF]

The Conference of State Bank Supervisors (“CSBS”) respectfully requests that the Federal Reserve Board (the “Board”) and the Office of Comptroller of the Currency (the “OCC”) (collectively, the “Agencies”) extend by 30 days from May 21 to June 20 the deadline for the comment period on the Notice of Proposed Rulemaking titled “Regulatory Capital Rules: Regulatory Capital, Enhanced Supplementary Leverage Ratio Standards for U.S. Global Systemically Important Bank Holding Companies and Certain of Their Subsidiary Insured Depository Institutions; Total Loss-Absorbing Capacity Requirements for U.S. Global Systemically Important Bank Holding Companies” (the “proposed rule”).