by Dismal-Jellyfish
The requirement for these institutions to have total U.S. Treasury, agency debt and agency mortgage-backed securities holdings equal to or greater than $5 billion or total assets equal to or greater than $30 billion is being reduced to $2 billion and $10 billion, respectively.
All other eligibility criteria and expectations remain the same.
This seems like it implies that their assets are drying up. Why else would you lower the requirement? Oh boy…buckle up!
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