Securities Industry and Financial Markets Association Asset Management Group
Securities Industry and Financial Markets Association Asset Management GroupOpposeAdvocacy
Summary: The Securities Industry and Financial Markets Association Asset Management Group (SIFMA AMG) opposes several components of the proposed Basel III capital standards. They argue that the proposal's CVA capital requirements, FRTB DRC treatment of equity derivatives, and GSIB surcharge treatment of ETFs will increase costs, reduce liquidity, and harm retail and institutional investors.
Docket ID OCC-2026-0034. SIFMA AMG is respectfully submitting comment letter regarding OCC-2026-0034.