Letters to Congress

Letter re: Enhanced Prudential Standards and Early Remediation Requirements for FBOs, 4/30/13

April 30, 2013

The Financial Services Roundtable (the “Roundtable”) welcomes the opportunity to provide the Board of Governors of the Federal Reserve System (the “Board”) with comments on the proposed rule (the “Proposed Rule”) implementing section 165 and section 166 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) with respect to foreign banking organizations (“FBOs”) and foreign nonbank financial companies (“Foreign NFCs”).