News for hackers. Stuff that matters.

A comment on SVB lobbied the government to relax some Dodd-Frank provisions. Parent comment

Re:SVB lobbied the government to relax some Dodd-Frank provi... by davidgerard on Sunday March 12, 2023 @08:37AM (#35119370)
This was indeed the specific regulation that would have stopped SVB's books from being allowed to get into its present state, yes. It was a Basel III requirement after the 2008 financial crisis.
[ Parent | on HN ]
Re:SVB lobbied the government to relax some Dodd-Frank provi... by egberts1 on Sunday March 12, 2023 @03:00PM (#35124615)
Except that SVB is considered a "nonbank" by Federal Reserve, no?
[ Parent | on HN ]
Re:SVB lobbied the government to relax some Dodd-Frank provi... by davidgerard on Sunday March 12, 2023 @06:01PM (#35126869)
no? in what way?
[ Parent | on HN ]