Federal Reserve Content

ICI has submitted a comment letter to the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency on a joint proposal to modify the enhanced supplementary leverage ratio (eSLR) standards for US bank...

Washington, DC; June 25, 2025—Today, Investment Company Institute (ICI) President and CEO Eric Pan released the following statement regarding the Federal Reserve Board’s proposal to change the enhanced supplementary leverage ratio (eSLR) for banks. “We welcome today’s announcement...

Halloween season is well past, but some banking authorities seem happy to continue chasing the perceived “ghoul” of bond fund stress amplification. In trying to make the case that bond funds amplify market shocks, systemic risk regulators have for years twisted and contorted the data...

In a series of recent blog posts, economists at the Federal Reserve Bank of New York have discussed new research assessing the potential for bond mutual funds to pose systemic risks. These economists posit that a downturn in the bond market might lead to large-scale redemptions from...