How Long to Read Back to the Future: The Nature of Regulatory Capital Requirements

By Mr.Ralph Chami

How Long Does it Take to Read Back to the Future: The Nature of Regulatory Capital Requirements?

It takes the average reader and 20 minutes to read Back to the Future: The Nature of Regulatory Capital Requirements by Mr.Ralph Chami

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper compares the current regulatory capital requirements under the Dodd-Frank Act (DFA) and the 10-percent leverage ratio, as proposed by the U.S. Treasury and the U.S. House of Representatives' Financial CHOICE Act (FCA). We find that the majority of U.S. banks would not qualify for an "off-ramp"option—where regulatory relief is offered to FCA qualifying banks (QBOs)—unless considerable amounts of capital are added, and that large banks are much closer to the proposed leverage threshold and, therefore, are more likely to stand to gain from regulatory relief. The paper identifies an important moral hazard problem that arises due to the QBO optionality, where banks are likely to increase the riskiness of their asset portfolio and qualify for the FCA “off-ramp” relief with unintended effects on financial stability.

How long is Back to the Future: The Nature of Regulatory Capital Requirements?

Back to the Future: The Nature of Regulatory Capital Requirements by Mr.Ralph Chami is 20 pages long, and a total of 5,000 words.

This makes it 7% the length of the average book. It also has 6% more words than the average book.

How Long Does it Take to Read Back to the Future: The Nature of Regulatory Capital Requirements Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 27 minutes to read Back to the Future: The Nature of Regulatory Capital Requirements aloud.

What Reading Level is Back to the Future: The Nature of Regulatory Capital Requirements?

Back to the Future: The Nature of Regulatory Capital Requirements is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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