Comment from Julia O'Neal

Document ID: TREAS-DO-2012-0001-0018
Document Type: Public Submission
Agency: Department Of The Treasury
Received Date: July 22 2012, at 12:00 AM Eastern Daylight Time
Date Posted: July 26 2012, at 12:00 AM Eastern Standard Time
Comment Start Date: May 21 2012, at 12:00 AM Eastern Standard Time
Comment Due Date: September 18 2012, at 11:59 PM Eastern Standard Time
Tracking Number: 810a95de
View Document:

This is comment on Rule

Financial Research Fund: Assessment of Fees on Large Bank Holding Companies and Nonbank Financial Companies

View Comment

3% is a crazy low capital requirement. That's what Bear & Lehman had when they went down. 10% (the old standard) is too low. Now that U.S. banks do not have Glass-Steagall to separate commercial from investment banks this is even more sensitive. Don't do it.

Related Comments

Total: 5

Comment from Julia O'Neal
Public Submission Posted: 07/26/2012 ID: TREAS-DO-2012-0001-0018