Thursday, June 07, 2012 3:10:25 PM (US) Fed Staff releases draft guidance on Basel III compliance for firms with at least $500M in assets, to vote on proposals later today- To require minimum tier 1 common equity ratio of 4.5%, buffer tier 1 common equity ratio of 2.5% - New proposals to include revised rules for calculating risk assets, remove references to credit ratings or meeting Dodd-Frank requirements. - Fed to allow three-month comment period on Basel III rules, to phase in compliance for components of bank rules beginning in January 2013.
ES Journal - 2012
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Thursday, June 07, 2012 3:10:25 PM (US) Fed Staff releases draft guidance on Basel III compliance for firms with at least $500M in assets, to vote on proposals later today- To require minimum tier 1 common equity ratio of 4.5%, buffer tier 1 common equity ratio of 2.5% - New proposals to include revised rules for calculating risk assets, remove references to credit ratings or meeting Dodd-Frank requirements. - Fed to allow three-month comment period on Basel III rules, to phase in compliance for components of bank rules beginning in January 2013.
sold 1310 weekly puts on other half...still holding the calls short that expire tomorrow just in case.
Quote from Pekelo:
Has the gap just closed??? I wish somebody would have told me in advance....
lol, it has just now at 13.75
lol
great job on managing your position. i obviously have some work to do after this go around. :eek:
maybe china should have cut 50 basis pts. i guess they did not get the memo 
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