Updated through October 25, 2012
Selected Comment Letters Submitted Regarding Proposed Rulemakings to Implement Basel III and Other Capital Requirements* For more updates and information on implementation of Basel III in the U.S. and other changes to capital regulation, visit S&C’s Financial Services Reform Resource Center.
I. Selected Letters Submitted by Trade and Other Organizations
Page Submitting Entity or Entities:** Dated: Length:
American Bankers Association, Securities Industry and Financial Markets Association (SIFMA) and 10/22/12 181 The Financial Services Roundtable (FSR)
American Bankers Association, SIFMA and FSR – FICC’s Mortgage-Backed Securities Division 10/22/12 8
American Council of Life Insurers (ACLI) 10/12/12 28
Association of Financial Guaranty Insurers 10/22/12 7
Better Markets 10/22/12 17
The Clearing House Association L.L.C. and American Securitization Forum 10/22/12 118
Coalition for Derivatives End-Users 10/22/12 8
Commercial Real Estate Finance Council 10/22/12 25
Conference of State Bank Supervisors (CSBS) – Basel III NPR 10/17/12 6
CSBS – Standardized Approach NPR 10/17/12 8
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 1 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
Page Submitting Entity or Entities:** Dated: Length:
Executive Council of State Community Bankers Associations None 7
FSR and American Bankers Association – SLHCs 10/22/12 16
Florida International Bankers Association 10/19/12 4
Independent Community Bankers of America (ICBA) 10/22/12 19
International Accounting Standards Board (IASB) 9/28/12 3
International Swaps and Derivatives Association, Inc. (ISDA) 10/19/12 13
Investment Company Institute 10/22/12 11
Mortgage Bankers Association 10/17/12 84
Mortgage Bankers Association, Mortgage Insurance Companies of America, National Association of 10/22/12 2 Home Builders, National Association of REALTORS and National Housing Conference
Mortgage Insurance Companies of America 10/22/12 43
National Association of Home Builders 10/22/12 25
National Affordable Housing Management Association 10/22/12 3
National Association of Insurance Commissioners 10/22/12 62
National Association of Mutual Insurance Companies 10/22/12 12
National Association of REALTORS 10/22/12 16
National Bankers Association 9/21/12 9
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 2 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
Page Submitting Entity or Entities:** Dated: Length:
National Mortgage Insurance Corporation 10/22/12 10
Public Citizen’s Congress Watch 10/19/12 10
Risk Management Association 9/28/12 9
Risk Management Association, Committee on Securities Lending 10/19/12 25
Systemic Risk Council (Sheila Bair) 10/4/12 6
U.S. Small Business Administration, Office of Advocacy 10/22/12 7
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 3 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
II. Selected Letters Submitted by Members of Congress
Page Signatory or Signatories:* Dated: Length:
Rep. Shelley Moore Capito (R-WV), Rep. Randy Neugebauer (R-TX), Rep. Spencer Bachus (R-AL) and 10/18/12 2 Rep. Jeb Hensarling (R-TX)
Rep. Tim Griffin (R-AR) 9/18/12 2
Rep. Peter King (R-NY), Rep. Gary Miller (R-CA), Rep. Donald Manzullo (R-IL), Rep. Bill Posey (R- FL), Rep. Bill Huizenga (R-MI), Rep. Nan Hayworth (R-NY), Rep. Jim Renacci (R-OH), Rep. Michael 7/17/12 3 Grimm (R-NY) and Rep. Steve Stivers (R-OH)
Sen. Sherrod Brown (D-OH) et al. (24 signatories) 10/17/12 3
Sen. Sherrod Brown (D-OH) and Sen. David Vitter (R-LA) 10/17/12 6
Sen. Al Franken (D-MN) 10/5/12 1
Sen. James Inhofe (R-OK), Sen. Tom Coburn (R-OK), Rep. Frank Lucas (R-OK), Rep. John Sullivan (R-OK), Rep. Tom Cole (R-OK, Rep. Dan Boren (D-OK) and Rep. James Lankford (R-OK) (Oklahoma 9/25/12 2 Delegation)
Sen. Claire McCaskill (D-MO) 10/10/12 2
Sen. Jerry Moran (R-KS), Sen. Pat Roberts (R-KS), Rep. Tim Huelskamp (R-KS), Rep. Lynn Jenkins 10/22/12 2 (R-KS), Rep. Kevin Yoder (R-KS) and Rep. Mike Pompeo (R-KS) (Kansas Delegation)
Sen. Mark Pryor (D-AR), Sen. John Boozman (R-AR), Rep. Steve Womack (R-AR), Rep. Rick Crawford 10/4/12 2 R-AR), Rep. Tim Griffin (R-AR) and Rep. Mike Ross (D-AR) (Arkansas Delegation)
Sen. Richard Shelby (R-AL) 10/15/12 3
Sen. Mark Udall (D-CO), Sen. Michael Bennet (D-CO), Rep. Ed Perlmutter (D-CO), Rep. Diana DeGette 9/28/12 2
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 4 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
Page Signatory or Signatories:* Dated: Length:
(D-CO), Rep. Doug Lamborn (R-CO), Rep. Mike Coffman (R-CO), Rep. Jared Polis (D-CO), Rep. Cory Gardner (R-CO) and Rep. Scott Tipton (R-CO) (Colorado Delegation)
Sen. Mark Warner (D-VA) et al. (53 signatories) 9/27/12 5
Sen. Roger Wicker (R-MS), Sen. Thad Cochran (R-MS), Rep. Bennie Thompson (D-MS), Rep. Gregg 9/28/12 2 Harper (R-MS), Rep. Alan Nunnelee (R-MS) and Rep. Steven Palazzo (R-MS) (Mississippi Delegation)
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 5 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
III. Selected Letters Submitted by State Governments, Officials and Associations
Page Signatory or Signatories:* Dated: Length:
Colorado Governor John Hickenlooper 10/22/12 1
Community Bankers Association of Illinois 9/5/12 3
Connecticut Department of Banking 10/19/12 5
Florida Bankers Association 9/24/12 3
Georgia Bankers Association 10/12/12 16
Illinois Bankers Association 10/11/12 4
Illinois League of Financial Institutions 10/19/12 5
Independent Bankers Association of Texas 9/13/12 6
Iowa Governor Terry Branstad and Iowa Superintendent of Banking James Schipper 10/19/12 2
Kentucky Bankers Association 10/15/12 3
Louisiana Bankers Association 10/18/12 3
Michigan Bankers Association 10/3/12 3
Minnesota Bankers Association 10/2/12 6
Mississippi Bankers Association 10/18/12 5
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 6 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
Page Signatory or Signatories:* Dated: Length:
Mississippi Secretary of State Delbert Hosemann 10/19/12 2
New Jersey Bankers Association 10/19/12 2
New York Bankers Association 10/18/12 5
New York State Department of Financial Services 10/22/12 11
North Carolina Bankers Association 10/3/12 2
North Carolina Office of the Commissioner of Banks 10/18/12 3
North Dakota Bankers Association 10/15/12 5
New Mexico Bankers Association 10/19/12 3
Oklahoma Bankers Association 10/12/12 9
Oklahoma State Banking Department 10/17/12 3
Oregon Bankers Association 10/22/12 5
Tennessee Bankers Association 10/22/12 2
Texas Bankers Association 10/17/12 3
Vermont Bankers Association 10/16/12 2
Virginia Bankers Association 10/19/12 17
Washington State Senate 10/22/12 1
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 7 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
Page Signatory or Signatories:* Dated: Length:
Wisconsin Bankers Association 10/17/12 7
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 8 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
IV. Selected Letters Submitted by Industry Participants
Page Submitting Entity or Entities:* Dated: Length:
American International Group, Inc. (AIG) 10/22/12 88
BB&T Corporation 10/22/12 17
BOK Financial 9/12/12 13
BNY Mellon 6/28/12 3
Chief Financial Officers of COUNTRY Financial, Mutual of Omaha, Nationwide Mutual Insurance Company, Principal Financial Group, Prudential Financial, TIAA-CREF, United Services Automobile 10/22/12 7 Association (USAA) and Westfield Group
CME Group Inc. 10/22/12 9
Covington & Burling LLP (on behalf of client) 10/22/12 9
Essent Guaranty Inc., Genworth Financial, Mortgage Guaranty Insurance Corporation, National 10/22/12 3 Mortgage Insurance Corporation and Radian Guaranty Inc.
First Niagara Financial Group, Inc. 10/22/12 7
Genworth Mortgage Insurance 10/22/12 180
Goldman Sachs Group, Inc. 10/22/12 15
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 9 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
Page Submitting Entity or Entities:* Dated: Length:
HSBC Holdings Plc, HSBC North America Holdings Inc. and HSBC Bank USA, N.A. 10/22/12 5
JPMorgan Chase & Co. 10/22/12 65
LCH.Clearnet Group Limited 10/18/12 8
Midsize Bank Coalition of America 10/22/12 16
Macy’s, Inc. 10/22/12 7
MetLife 10/22/12 19
Mutual of Omaha 10/22/12 7
Nationwide Mutual Insurance Company 10/17/12 24
Paul Hastings LLP (on behalf of client) 10/22/12 8
PNC Financial Services Group, Inc. 10/22/12 52
Principal Financial Group 10/22/12 22
Prudential Financial, Inc. 10/22/12 30
Regions Financial Corporation 10/22/12 16
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 10 sullcrom.com/FinancialServicesReformResourceCenter/ Updated through October 25, 2012
Page Submitting Entity or Entities:* Dated: Length:
State Farm Mutual Automobile Insurance Company 10/19/12 26
TD Bank 10/22/12 10
TIAA-CREF 10/22/12 35
USAA 10/22/12 10
*Comment deadline was October 22. Some letters are not yet available. **Letters included as available on various agency and public websites. 11 sullcrom.com/FinancialServicesReformResourceCenter/