A grand total of 14 US banks are set to benefit from a revision of the market risk rule announced yesterday by the Fed's vice-chair for supervision Michael Barr. A remarkable lobbying victory for US regional banks against the Fed's Basel III endgame proposal. www.risk.net/risk-quantum...

Fourteen US banks poised to benefit from curtailed market risk rule - Risk.net

Fed’s changes to Basel III endgame proposal would keep regional banks with limited trading activity exempt from costly FRTB requirements