{"id":23419,"date":"2026-06-19T02:24:00","date_gmt":"2026-06-19T00:24:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=d173581a78d77e7a2e7c1cbe82ec203a"},"modified":"2026-06-19T02:24:00","modified_gmt":"2026-06-19T00:24:00","slug":"elfa-and-secured-finance-network-joint-statement-on-proposed-basel-iii-regulatory-capital-rule","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=23419","title":{"rendered":"ELFA and Secured Finance Network Joint Statement on Proposed Basel III Regulatory Capital Rule"},"content":{"rendered":"

WASHINGTON, D.C.--(BUSINESS WIRE)--In separate comment letters submitted this week to Federal bank regulatory agencies, the Equipment Leasing & Finance Association<\/a> (ELFA) and the Secured Finance Network<\/a> (SFNet) urged the agencies to consider additional recommendations to the proposed Basel III rulemaking to preserve the critical role of asset-based lending in financing businesses and driving U.S. economic activity.<\/p>

\nThe comments were submitted to the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC), in response to the jointly proposed revised rulemaking modernizing regulatory capital requirements.<\/p>

\nAs organizations representing a broad range of financial institutions, including banks, specialty finance providers, and other commercial finance market participants, ELFA<\/a> and SFNet<\/a> share a commitment to maintaining a safe and sound banking system. Both associations expressed appreciation for the agencies\u2019 work on this revised proposal and the extended comment period, while advocating for the agencies to address three primary areas of concern to preserve asset-based loans that provide vital working capital to U.S. small and medium-sized businesses:<\/p>