H.R. 2121 · 115th Congress
Pension, Endowment, and Mutual Fund Access to Banking Act
- Stage
- Reported from committee
- Sponsor
- Keith Rothfus
- Introduced
- 2017-04-25
- Latest action
- 2018-04-26 · Reported (Amended) by the Committee on Financial Services. H. Rept. 115-656.
Summary
Pension, Endowment, and Mutual Fund Access to Banking Act
This bill excludes, for purposes of calculating a custodial bank's supplementary leverage ratio, funds of a custodial bank that are deposited with certain central banks. ("Supplementary leverage ratio" is a capital adequacy measure that refers to the ratio of a banking organization's tier-one capital to its leverage exposure.) The amount of such funds shall be limited, as specified by the bill.