Risk-Based Capital Standards: Claims on Securities Firms
April 10, 2002
Circular No. 11433

To All State Member Banks and Bank Holding Companies in the Second Federal Reserve District:

In a Federal Register notice (pdf - 78kb), the Federal Reserve Board, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision announce a final rule, effective July 1, 2002, regarding the risk weights banking organizations apply under the Agencies' risk-based capital rules for claims on, and claims guaranteed by, qualifying securities firms.

Questions on the matter may be directed, at this Bank, to Dianne Dobbeck, Staff Director, Policy and Analysis.