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Federal banking regulators extended the comment period on their long-term debt proposed rule for large banks until Jan. 16, 2024. Comments on the proposal were originally due by Nov. 30.
Details: The agencies extended the comment period to allow interested parties more time to analyze the issues and prepare their comments.
ICBA View: ICBA has commended regulators for targeting proposed capital and debt requirements to institutions over $100 billion in assets.
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