On April 26, 2016, the FDIC and OCC released a draft proposal for a new, additional, liquidity regulation – the net stable funding ratio (NSFR) – and requested public comment. On May 3, 2016, the Federal Reserve Board held an open meeting at which they discussed and considered the same NSFR proposal. Open Board meetings are open to the public, but the public doesn’t get to ask questions. There were definitely a few worth asking. The accompanying document offers four.
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