Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal

<!DOCTYPE html> <html lang="en"> <head> <meta charset="utf-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <script type="text/javascript"> /* <![CDATA[ */ var gform;gform||(document.addEventListener("gform_main_scripts_loaded",function(){gform.scriptsLoaded=!0}),document.addEventListener("gform/theme/scripts_loaded",function(){gform.themeScriptsLoaded=!0}),window.addEventListener("DOMContentLoaded",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>"function"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn("The use of gform.initializeOnLoaded() is deprecated in the form editor context and will be removed in Gravity Forms 3.1."),o(),0))},initializeOnLoaded:function(o){gform.callIfLoaded(o)||(document.addEventListener("gform_main_scripts_loaded",()=>{gform.scriptsLoaded=!0,gform.callIfLoaded(o)}),document.addEventListener("gform/theme/scripts_loaded",()=>{gform.themeScriptsLoaded=!0,gform.callIfLoaded(o)}),window.addEventListener("DOMContentLoaded",()=>{gform.domLoaded=!0,gform.callIfLoaded(o)}))},hooks:{action:{},filter:{}},addAction:function(o,r,e,t){gform.addHook("action",o,r,e,t)},addFilter:function(o,r,e,t){gform.addHook("filter",o,r,e,t)},doAction:function(o){gform.doHook("action",o,arguments)},applyFilters:function(o){return gform.doHook("filter",o,arguments)},removeAction:function(o,r){gform.removeHook("action",o,r)},removeFilter:function(o,r,e){gform.removeHook("filter",o,r,e)},addHook:function(o,r,e,t,n){null==gform.hooks[o][r]&&(gform.hooks[o][r]=[]);var d=gform.hooks[o][r];null==n&&(n=r+"_"+d.length),gform.hooks[o][r].push({tag:n,callable:e,priority:t=null==t?10:t})},doHook:function(r,o,e){var t;if(e=Array.prototype.slice.call(e,1),null!=gform.hooks[r][o]&&((o=gform.hooks[r][o]).sort(function(o,r){return o.priority-r.priority}),o.forEach(function(o){"function"!=typeof(t=o.callable)&&(t=window[t]),"action"==r?t.apply(null,e):e[0]=t.apply(null,e)})),"filter"==r)return e[0]},removeHook:function(o,r,t,n){var e;null!=gform.hooks[o][r]&&(e=(e=gform.hooks[o][r]).filter(function(o,r,e){return!!(null!=n&&n!=o.tag||null!=t&&t!=o.priority)}),gform.hooks[o][r]=e)}}); /* ]]> */ </script> <meta name="viewport" content="width=device-width, initial-scale=1"> <link rel="shortcut icon" href="https://bpi.com/wp-content/themes/bpi/favicon.ico"/> <script> window.placeholderImage = "https://bpi.com/wp-content/uploads/2020/10/bpi-default-post-thumbnail.png"; </script> <script> (function(d){ var js, id = 'powr-js', ref = d.getElementsByTagName('script')[0]; if (d.getElementById(id)) {return;} js = d.createElement('script'); js.id = id; js.async = true; js.src = '//www.powr.io/powr.js?external-type=wordpress'; js.setAttribute('powr-token','jsoD10XTpD1636380391'); ref.parentNode.insertBefore(js, ref); }(document)); </script> <meta name='robots' content='index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1' /> <style>img:is([sizes="auto" i], [sizes^="auto," i]) { contain-intrinsic-size: 3000px 1500px }</style>  <title>Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal - Bank Policy Institute</title> <meta name="description" content="Ladies and Gentlemen: The Bank Policy Institute, the American Bankers Association, the Financial Services Forum, the Institute of International Bankers," /> <link rel="canonical" href="https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/" /> <meta property="og:locale" content="en_US" /> <meta property="og:type" content="article" /> <meta property="og:title" content="Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal - Bank Policy Institute" /> <meta property="og:description" content="Ladies and Gentlemen: The Bank Policy Institute, the American Bankers Association, the Financial Services Forum, the Institute of International Bankers," /> <meta property="og:url" content="https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/" /> <meta property="og:site_name" content="Bank Policy Institute" /> <meta property="article:published_time" content="2023-10-06T04:50:00+00:00" /> <meta property="article:modified_time" content="2024-01-09T21:00:14+00:00" /> <meta property="og:image" content="https://bpi.com/wp-content/uploads/2020/09/man-signing-legal-doc.jpg" /> <meta property="og:image:width" content="1000" /> <meta property="og:image:height" content="416" /> <meta property="og:image:type" content="image/jpeg" /> <meta name="author" content="Will Bonner" /> <meta name="twitter:card" content="summary_large_image" /> <meta name="twitter:label1" content="Written by" /> <meta name="twitter:data1" content="Will Bonner" /> <meta name="twitter:label2" content="Est. reading time" /> <meta name="twitter:data2" content="3 minutes" /> <script type="application/ld+json" class="yoast-schema-graph">{"@context":"https://schema.org","@graph":[{"@type":"Article","@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#article","isPartOf":{"@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/"},"author":{"name":"Will Bonner","@id":"https://bpi.com/#/schema/person/c4addcb62d310967231feb98c182fea1"},"headline":"Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal","datePublished":"2023-10-06T04:50:00+00:00","dateModified":"2024-01-09T21:00:14+00:00","mainEntityOfPage":{"@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/"},"wordCount":582,"commentCount":0,"publisher":{"@id":"https://bpi.com/#organization"},"image":{"@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#primaryimage"},"thumbnailUrl":"https://bpi.com/wp-content/uploads/2020/09/man-signing-legal-doc.jpg","articleSection":["Bank Liquidity","Basel Finalization"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#respond"]}]},{"@type":"WebPage","@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/","url":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/","name":"Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal - Bank Policy Institute","isPartOf":{"@id":"https://bpi.com/#website"},"primaryImageOfPage":{"@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#primaryimage"},"image":{"@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#primaryimage"},"thumbnailUrl":"https://bpi.com/wp-content/uploads/2020/09/man-signing-legal-doc.jpg","datePublished":"2023-10-06T04:50:00+00:00","dateModified":"2024-01-09T21:00:14+00:00","description":"Ladies and Gentlemen: The Bank Policy Institute, the American Bankers Association, the Financial Services Forum, the Institute of International Bankers,","breadcrumb":{"@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#primaryimage","url":"https://bpi.com/wp-content/uploads/2020/09/man-signing-legal-doc.jpg","contentUrl":"https://bpi.com/wp-content/uploads/2020/09/man-signing-legal-doc.jpg","width":1000,"height":416,"caption":"Hand signing legal document"},{"@type":"BreadcrumbList","@id":"https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://bpi.com/"},{"@type":"ListItem","position":2,"name":"Blog","item":"https://bpi.com/blog/"},{"@type":"ListItem","position":3,"name":"Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal"}]},{"@type":"WebSite","@id":"https://bpi.com/#website","url":"https://bpi.com/","name":"Bank Policy Institute","description":"","publisher":{"@id":"https://bpi.com/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://bpi.com/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https://bpi.com/#organization","name":"Bank Policy Institute","url":"https://bpi.com/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https://bpi.com/#/schema/logo/image/","url":"https://bpi.com/wp-content/uploads/2019/05/cropped-bpi-favicon-1.png","contentUrl":"https://bpi.com/wp-content/uploads/2019/05/cropped-bpi-favicon-1.png","width":512,"height":512,"caption":"Bank Policy Institute"},"image":{"@id":"https://bpi.com/#/schema/logo/image/"}},{"@type":"Person","@id":"https://bpi.com/#/schema/person/c4addcb62d310967231feb98c182fea1","name":"Will Bonner","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https://bpi.com/#/schema/person/image/","url":"https://secure.gravatar.com/avatar/08f08b6688d0a3577f5a84f7019a907f?s=96&d=mm&r=g","contentUrl":"https://secure.gravatar.com/avatar/08f08b6688d0a3577f5a84f7019a907f?s=96&d=mm&r=g","caption":"Will Bonner"},"url":"https://bpi.com/author/will-bonnerbpi-com/"}]}</script>  <link rel='dns-prefetch' href='//www.powr.io' /> <link rel='dns-prefetch' href='//cdn.jsdelivr.net' /> <link rel='dns-prefetch' href='//kit.fontawesome.com' /> <link rel='dns-prefetch' href='//fonts.googleapis.com' /> <link rel="alternate" type="application/rss+xml" title="Bank Policy Institute » Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal Comments Feed" href="https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/feed/" /> <script type="text/javascript"> /* <![CDATA[ */ window._wpemojiSettings = {"baseUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/","ext":".png","svgUrl":"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/bpi.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=6.7.1"}}; /*! This file is auto-generated */ !function(i,n){var o,s,e;function c(e){try{var t={supportTests:e,timestamp:(new Date).valueOf()};sessionStorage.setItem(o,JSON.stringify(t))}catch(e){}}function p(e,t,n){e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(t,0,0);var t=new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data),r=(e.clearRect(0,0,e.canvas.width,e.canvas.height),e.fillText(n,0,0),new Uint32Array(e.getImageData(0,0,e.canvas.width,e.canvas.height).data));return t.every(function(e,t){return e===r[t]})}function u(e,t,n){switch(t){case"flag":return n(e,"\ud83c\udff3\ufe0f\u200d\u26a7\ufe0f","\ud83c\udff3\ufe0f\u200b\u26a7\ufe0f")?!1:!n(e,"\ud83c\uddfa\ud83c\uddf3","\ud83c\uddfa\u200b\ud83c\uddf3")&&!n(e,"\ud83c\udff4\udb40\udc67\udb40\udc62\udb40\udc65\udb40\udc6e\udb40\udc67\udb40\udc7f","\ud83c\udff4\u200b\udb40\udc67\u200b\udb40\udc62\u200b\udb40\udc65\u200b\udb40\udc6e\u200b\udb40\udc67\u200b\udb40\udc7f");case"emoji":return!n(e,"\ud83d\udc26\u200d\u2b1b","\ud83d\udc26\u200b\u2b1b")}return!1}function f(e,t,n){var r="undefined"!=typeof WorkerGlobalScope&&self instanceof WorkerGlobalScope?new OffscreenCanvas(300,150):i.createElement("canvas"),a=r.getContext("2d",{willReadFrequently:!0}),o=(a.textBaseline="top",a.font="600 32px Arial",{});return e.forEach(function(e){o[e]=t(a,e,n)}),o}function t(e){var t=i.createElement("script");t.src=e,t.defer=!0,i.head.appendChild(t)}"undefined"!=typeof Promise&&(o="wpEmojiSettingsSupports",s=["flag","emoji"],n.supports={everything:!0,everythingExceptFlag:!0},e=new Promise(function(e){i.addEventListener("DOMContentLoaded",e,{once:!0})}),new Promise(function(t){var n=function(){try{var e=JSON.parse(sessionStorage.getItem(o));if("object"==typeof e&&"number"==typeof e.timestamp&&(new Date).valueOf()<e.timestamp+604800&&"object"==typeof e.supportTests)return e.supportTests}catch(e){}return null}();if(!n){if("undefined"!=typeof Worker&&"undefined"!=typeof OffscreenCanvas&&"undefined"!=typeof URL&&URL.createObjectURL&&"undefined"!=typeof Blob)try{var e="postMessage("+f.toString()+"("+[JSON.stringify(s),u.toString(),p.toString()].join(",")+"));",r=new Blob([e],{type:"text/javascript"}),a=new Worker(URL.createObjectURL(r),{name:"wpTestEmojiSupports"});return void(a.onmessage=function(e){c(n=e.data),a.terminate(),t(n)})}catch(e){}c(n=f(s,u,p))}t(n)}).then(function(e){for(var t in e)n.supports[t]=e[t],n.supports.everything=n.supports.everything&&n.supports[t],"flag"!==t&&(n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&n.supports[t]);n.supports.everythingExceptFlag=n.supports.everythingExceptFlag&&!n.supports.flag,n.DOMReady=!1,n.readyCallback=function(){n.DOMReady=!0}}).then(function(){return e}).then(function(){var e;n.supports.everything||(n.readyCallback(),(e=n.source||{}).concatemoji?t(e.concatemoji):e.wpemoji&&e.twemoji&&(t(e.twemoji),t(e.wpemoji)))}))}((window,document),window._wpemojiSettings); /* ]]> */ </script> <link rel='stylesheet' id='sdm-styles-css' href='https://bpi.com/wp-content/plugins/simple-download-monitor/css/sdm_wp_styles.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='wp-quicklatex-format-css' href='https://bpi.com/wp-content/plugins/wp-quicklatex/css/quicklatex-format.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='twb-open-sans-css' href='https://fonts.googleapis.com/css?family=Open+Sans%3A300%2C400%2C500%2C600%2C700%2C800&display=swap&ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='twbbwg-global-css' href='https://bpi.com/wp-content/plugins/photo-gallery/booster/assets/css/global.css?ver=1.0.0' type='text/css' media='all' /> <style id='wp-emoji-styles-inline-css' type='text/css'> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 0.07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <link rel='stylesheet' id='wp-block-library-css' href='https://bpi.com/wp-includes/css/dist/block-library/style.min.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='wp-components-css' href='https://bpi.com/wp-includes/css/dist/components/style.min.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='wp-preferences-css' href='https://bpi.com/wp-includes/css/dist/preferences/style.min.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='wp-block-editor-css' href='https://bpi.com/wp-includes/css/dist/block-editor/style.min.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='wp-reusable-blocks-css' href='https://bpi.com/wp-includes/css/dist/reusable-blocks/style.min.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='wp-patterns-css' href='https://bpi.com/wp-includes/css/dist/patterns/style.min.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='wp-editor-css' href='https://bpi.com/wp-includes/css/dist/editor/style.min.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='powrful_pack-style-css-css' href='https://bpi.com/wp-content/plugins/powr-pack/dist/blocks.style.build.css?ver=6.7.1' type='text/css' media='all' /> <style id='classic-theme-styles-inline-css' type='text/css'> /*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} </style> <style id='global-styles-inline-css' type='text/css'> :root{--wp--preset--aspect-ratio--square: 1;--wp--preset--aspect-ratio--4-3: 4/3;--wp--preset--aspect-ratio--3-4: 3/4;--wp--preset--aspect-ratio--3-2: 3/2;--wp--preset--aspect-ratio--2-3: 2/3;--wp--preset--aspect-ratio--16-9: 16/9;--wp--preset--aspect-ratio--9-16: 9/16;--wp--preset--color--black: #000000;--wp--preset--color--cyan-bluish-gray: #abb8c3;--wp--preset--color--white: #ffffff;--wp--preset--color--pale-pink: #f78da7;--wp--preset--color--vivid-red: #cf2e2e;--wp--preset--color--luminous-vivid-orange: #ff6900;--wp--preset--color--luminous-vivid-amber: #fcb900;--wp--preset--color--light-green-cyan: #7bdcb5;--wp--preset--color--vivid-green-cyan: #00d084;--wp--preset--color--pale-cyan-blue: #8ed1fc;--wp--preset--color--vivid-cyan-blue: #0693e3;--wp--preset--color--vivid-purple: #9b51e0;--wp--preset--color--dark-purple: #480081;--wp--preset--color--light-purple: #F7EFFF;--wp--preset--color--orange: #FF5C00;--wp--preset--color--yellow-orange: #FF9B00;--wp--preset--color--cool-gray: #CFCFCF;--wp--preset--color--light-gray: #F8F8F8;--wp--preset--color--written-text: #6B6A71;--wp--preset--color--bright-purple: #681E9C;--wp--preset--color--dark-gray: #8C8C8C;--wp--preset--color--light-orange: #FFF5E6;--wp--preset--color--meta-gray: #8C8C8C;--wp--preset--color--status-error: #F8333C;--wp--preset--color--status-accepted: #00D4A0;--wp--preset--color--dark-metal: #1D1A31;--wp--preset--color--tirian-purple: #5F0F40;--wp--preset--color--middle-red-purple: #2C0735;--wp--preset--color--chalk: #F4F4ED;--wp--preset--color--wild-blue-yonder: #9EB3C2;--wp--preset--color--papaya-whip: #FFF1D0;--wp--preset--color--spilled-juice: #D2CBD8;--wp--preset--color--sunglow: #FFBE3F;--wp--preset--color--status-alert: #97DFFC;--wp--preset--color--not-pastel-purple: #868CA9;--wp--preset--color--independence: #444B6E;--wp--preset--color--barely-purple: #F3F5FB;--wp--preset--color--timberwolf: #DBD5B5;--wp--preset--color--light-grey-purple: #F4F5F7;--wp--preset--color--written-text-2-on-grey: #4E4D53;--wp--preset--color--wireframe-2: #676B73;--wp--preset--color--wireframe-4: #B4B6BF;--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple: linear-gradient(135deg,rgba(6,147,227,1) 0%,rgb(155,81,224) 100%);--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan: linear-gradient(135deg,rgb(122,220,180) 0%,rgb(0,208,130) 100%);--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange: linear-gradient(135deg,rgba(252,185,0,1) 0%,rgba(255,105,0,1) 100%);--wp--preset--gradient--luminous-vivid-orange-to-vivid-red: linear-gradient(135deg,rgba(255,105,0,1) 0%,rgb(207,46,46) 100%);--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray: linear-gradient(135deg,rgb(238,238,238) 0%,rgb(169,184,195) 100%);--wp--preset--gradient--cool-to-warm-spectrum: linear-gradient(135deg,rgb(74,234,220) 0%,rgb(151,120,209) 20%,rgb(207,42,186) 40%,rgb(238,44,130) 60%,rgb(251,105,98) 80%,rgb(254,248,76) 100%);--wp--preset--gradient--blush-light-purple: linear-gradient(135deg,rgb(255,206,236) 0%,rgb(152,150,240) 100%);--wp--preset--gradient--blush-bordeaux: linear-gradient(135deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);--wp--preset--gradient--luminous-dusk: linear-gradient(135deg,rgb(255,203,112) 0%,rgb(199,81,192) 50%,rgb(65,88,208) 100%);--wp--preset--gradient--pale-ocean: linear-gradient(135deg,rgb(255,245,203) 0%,rgb(182,227,212) 50%,rgb(51,167,181) 100%);--wp--preset--gradient--electric-grass: linear-gradient(135deg,rgb(202,248,128) 0%,rgb(113,206,126) 100%);--wp--preset--gradient--midnight: linear-gradient(135deg,rgb(2,3,129) 0%,rgb(40,116,252) 100%);--wp--preset--font-size--small: 16px;--wp--preset--font-size--medium: 20px;--wp--preset--font-size--large: 24px;--wp--preset--font-size--x-large: 42px;--wp--preset--font-size--xsmall: 14px;--wp--preset--font-size--regular: 20px;--wp--preset--spacing--20: 0.44rem;--wp--preset--spacing--30: 0.67rem;--wp--preset--spacing--40: 1rem;--wp--preset--spacing--50: 1.5rem;--wp--preset--spacing--60: 2.25rem;--wp--preset--spacing--70: 3.38rem;--wp--preset--spacing--80: 5.06rem;--wp--preset--shadow--natural: 6px 6px 9px rgba(0, 0, 0, 0.2);--wp--preset--shadow--deep: 12px 12px 50px rgba(0, 0, 0, 0.4);--wp--preset--shadow--sharp: 6px 6px 0px rgba(0, 0, 0, 0.2);--wp--preset--shadow--outlined: 6px 6px 0px -3px rgba(255, 255, 255, 1), 6px 6px rgba(0, 0, 0, 1);--wp--preset--shadow--crisp: 6px 6px 0px rgba(0, 0, 0, 1);}:where(.is-layout-flex){gap: 0.5em;}:where(.is-layout-grid){gap: 0.5em;}body .is-layout-flex{display: flex;}.is-layout-flex{flex-wrap: wrap;align-items: center;}.is-layout-flex > :is(*, div){margin: 0;}body .is-layout-grid{display: grid;}.is-layout-grid > :is(*, div){margin: 0;}:where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;}:where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;}.has-black-color{color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-color{color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-color{color: var(--wp--preset--color--white) !important;}.has-pale-pink-color{color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-color{color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-color{color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-color{color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-color{color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-color{color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-color{color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-color{color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-color{color: var(--wp--preset--color--vivid-purple) !important;}.has-black-background-color{background-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-background-color{background-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-background-color{background-color: var(--wp--preset--color--white) !important;}.has-pale-pink-background-color{background-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-background-color{background-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-background-color{background-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-background-color{background-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-background-color{background-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-background-color{background-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-background-color{background-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-background-color{background-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-background-color{background-color: var(--wp--preset--color--vivid-purple) !important;}.has-black-border-color{border-color: var(--wp--preset--color--black) !important;}.has-cyan-bluish-gray-border-color{border-color: var(--wp--preset--color--cyan-bluish-gray) !important;}.has-white-border-color{border-color: var(--wp--preset--color--white) !important;}.has-pale-pink-border-color{border-color: var(--wp--preset--color--pale-pink) !important;}.has-vivid-red-border-color{border-color: var(--wp--preset--color--vivid-red) !important;}.has-luminous-vivid-orange-border-color{border-color: var(--wp--preset--color--luminous-vivid-orange) !important;}.has-luminous-vivid-amber-border-color{border-color: var(--wp--preset--color--luminous-vivid-amber) !important;}.has-light-green-cyan-border-color{border-color: var(--wp--preset--color--light-green-cyan) !important;}.has-vivid-green-cyan-border-color{border-color: var(--wp--preset--color--vivid-green-cyan) !important;}.has-pale-cyan-blue-border-color{border-color: var(--wp--preset--color--pale-cyan-blue) !important;}.has-vivid-cyan-blue-border-color{border-color: var(--wp--preset--color--vivid-cyan-blue) !important;}.has-vivid-purple-border-color{border-color: var(--wp--preset--color--vivid-purple) !important;}.has-vivid-cyan-blue-to-vivid-purple-gradient-background{background: var(--wp--preset--gradient--vivid-cyan-blue-to-vivid-purple) !important;}.has-light-green-cyan-to-vivid-green-cyan-gradient-background{background: var(--wp--preset--gradient--light-green-cyan-to-vivid-green-cyan) !important;}.has-luminous-vivid-amber-to-luminous-vivid-orange-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-amber-to-luminous-vivid-orange) !important;}.has-luminous-vivid-orange-to-vivid-red-gradient-background{background: var(--wp--preset--gradient--luminous-vivid-orange-to-vivid-red) !important;}.has-very-light-gray-to-cyan-bluish-gray-gradient-background{background: var(--wp--preset--gradient--very-light-gray-to-cyan-bluish-gray) !important;}.has-cool-to-warm-spectrum-gradient-background{background: var(--wp--preset--gradient--cool-to-warm-spectrum) !important;}.has-blush-light-purple-gradient-background{background: var(--wp--preset--gradient--blush-light-purple) !important;}.has-blush-bordeaux-gradient-background{background: var(--wp--preset--gradient--blush-bordeaux) !important;}.has-luminous-dusk-gradient-background{background: var(--wp--preset--gradient--luminous-dusk) !important;}.has-pale-ocean-gradient-background{background: var(--wp--preset--gradient--pale-ocean) !important;}.has-electric-grass-gradient-background{background: var(--wp--preset--gradient--electric-grass) !important;}.has-midnight-gradient-background{background: var(--wp--preset--gradient--midnight) !important;}.has-small-font-size{font-size: var(--wp--preset--font-size--small) !important;}.has-medium-font-size{font-size: var(--wp--preset--font-size--medium) !important;}.has-large-font-size{font-size: var(--wp--preset--font-size--large) !important;}.has-x-large-font-size{font-size: var(--wp--preset--font-size--x-large) !important;} :where(.wp-block-post-template.is-layout-flex){gap: 1.25em;}:where(.wp-block-post-template.is-layout-grid){gap: 1.25em;} :where(.wp-block-columns.is-layout-flex){gap: 2em;}:where(.wp-block-columns.is-layout-grid){gap: 2em;} :root :where(.wp-block-pullquote){font-size: 1.5em;line-height: 1.6;} </style> <link rel='stylesheet' id='bwg_fonts-css' href='https://bpi.com/wp-content/plugins/photo-gallery/css/bwg-fonts/fonts.css?ver=0.0.1' type='text/css' media='all' /> <link rel='stylesheet' id='sumoselect-css' href='https://bpi.com/wp-content/plugins/photo-gallery/css/sumoselect.min.css?ver=3.4.6' type='text/css' media='all' /> <link rel='stylesheet' id='mCustomScrollbar-css' href='https://bpi.com/wp-content/plugins/photo-gallery/css/jquery.mCustomScrollbar.min.css?ver=3.1.5' type='text/css' media='all' /> <link rel='stylesheet' id='bwg_googlefonts-css' href='https://fonts.googleapis.com/css?family=Ubuntu&subset=greek,latin,greek-ext,vietnamese,cyrillic-ext,latin-ext,cyrillic' type='text/css' media='all' /> <link rel='stylesheet' id='bwg_frontend-css' href='https://bpi.com/wp-content/plugins/photo-gallery/css/styles.min.css?ver=1.8.31' type='text/css' media='all' /> <link rel='stylesheet' id='simple-youtube-responsive-css' href='https://bpi.com/wp-content/plugins/simple-youtube-responsive/css/yt-responsive.css?ver=3.2.5' type='text/css' media='all' /> <link rel='stylesheet' id='daterangepicker-css' href='https://cdn.jsdelivr.net/npm/daterangepicker/daterangepicker.css' type='text/css' media='all' /> <link rel='stylesheet' id='slick-css' href='https://cdn.jsdelivr.net/npm/slick-carousel@1.8.1/slick/slick.css?ver=6.7.1' type='text/css' media='all' /> <link rel='stylesheet' id='google-fonts-css' href='//fonts.googleapis.com/css?family=Roboto:i,400,500,600,700|Roboto+Condensed:600,700|Open+Sans:i,400,700|Barlow+Semi+Condensed:600|Barlow:600&subset=latin' type='text/css' media='all' /> <link rel='stylesheet' id='base-styles-css' href='https://bpi.com/wp-content/themes/bpi/assets/css/style.css' type='text/css' media='all' /> <link rel='stylesheet' id='fancybox-css' href='https://bpi.com/wp-content/plugins/easy-fancybox/fancybox/1.5.4/jquery.fancybox.min.css?ver=6.7.1' type='text/css' media='screen' /> <style id='fancybox-inline-css' type='text/css'> #fancybox-content{border-color:#ffffff;}#fancybox-title,#fancybox-title-float-main{color:#fff} </style> <link rel='stylesheet' id='__EPYT__style-css' href='https://bpi.com/wp-content/plugins/youtube-embed-plus/styles/ytprefs.min.css?ver=14.2.1.2' type='text/css' media='all' /> <style id='__EPYT__style-inline-css' type='text/css'> .epyt-gallery-thumb { width: 33.333%; } </style> <script type="text/javascript" src="https://bpi.com/wp-includes/js/jquery/jquery.min.js?ver=3.7.1" id="jquery-core-js"></script> <script type="text/javascript" src="https://bpi.com/wp-includes/js/jquery/jquery-migrate.min.js?ver=3.4.1" id="jquery-migrate-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/photo-gallery/booster/assets/js/circle-progress.js?ver=1.2.2" id="twbbwg-circle-js"></script> <script type="text/javascript" id="twbbwg-global-js-extra"> /* <![CDATA[ */ var twb = {"nonce":"ac25db1e01","ajax_url":"https:\/\/bpi.com\/wp-admin\/admin-ajax.php","plugin_url":"https:\/\/bpi.com\/wp-content\/plugins\/photo-gallery\/booster","href":"https:\/\/bpi.com\/wp-admin\/admin.php?page=twbbwg_photo-gallery"}; var twb = {"nonce":"ac25db1e01","ajax_url":"https:\/\/bpi.com\/wp-admin\/admin-ajax.php","plugin_url":"https:\/\/bpi.com\/wp-content\/plugins\/photo-gallery\/booster","href":"https:\/\/bpi.com\/wp-admin\/admin.php?page=twbbwg_photo-gallery"}; /* ]]> */ </script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/photo-gallery/booster/assets/js/global.js?ver=1.0.0" id="twbbwg-global-js"></script> <script type="text/javascript" src="//www.powr.io/powr.js?external-type=wordpress&ver=6.7.1" id="powr-js-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/photo-gallery/js/jquery.sumoselect.min.js?ver=3.4.6" id="sumoselect-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/photo-gallery/js/tocca.min.js?ver=2.0.9" id="bwg_mobile-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/photo-gallery/js/jquery.mCustomScrollbar.concat.min.js?ver=3.1.5" id="mCustomScrollbar-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/photo-gallery/js/jquery.fullscreen.min.js?ver=0.6.0" id="jquery-fullscreen-js"></script> <script type="text/javascript" id="bwg_frontend-js-extra"> /* <![CDATA[ */ var bwg_objectsL10n = {"bwg_field_required":"field is required.","bwg_mail_validation":"This is not a valid email address.","bwg_search_result":"There are no images matching your search.","bwg_select_tag":"Select Tag","bwg_order_by":"Order By","bwg_search":"Search","bwg_show_ecommerce":"Show Ecommerce","bwg_hide_ecommerce":"Hide Ecommerce","bwg_show_comments":"Show Comments","bwg_hide_comments":"Hide Comments","bwg_restore":"Restore","bwg_maximize":"Maximize","bwg_fullscreen":"Fullscreen","bwg_exit_fullscreen":"Exit Fullscreen","bwg_search_tag":"SEARCH...","bwg_tag_no_match":"No tags found","bwg_all_tags_selected":"All tags selected","bwg_tags_selected":"tags selected","play":"Play","pause":"Pause","is_pro":"","bwg_play":"Play","bwg_pause":"Pause","bwg_hide_info":"Hide info","bwg_show_info":"Show info","bwg_hide_rating":"Hide rating","bwg_show_rating":"Show rating","ok":"Ok","cancel":"Cancel","select_all":"Select all","lazy_load":"0","lazy_loader":"https:\/\/bpi.com\/wp-content\/plugins\/photo-gallery\/images\/ajax_loader.png","front_ajax":"0","bwg_tag_see_all":"see all tags","bwg_tag_see_less":"see less tags"}; /* ]]> */ </script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/photo-gallery/js/scripts.min.js?ver=1.8.31" id="bwg_frontend-js"></script> <script type="text/javascript" id="sdm-scripts-js-extra"> /* <![CDATA[ */ var sdm_ajax_script = {"ajaxurl":"https:\/\/bpi.com\/wp-admin\/admin-ajax.php"}; /* ]]> */ </script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/simple-download-monitor/js/sdm_wp_scripts.js?ver=6.7.1" id="sdm-scripts-js"></script> <script type="text/javascript" src="https://bpi.com/wp-includes/js/dist/vendor/moment.min.js?ver=2.30.1" id="moment-js"></script> <script type="text/javascript" id="moment-js-after"> /* <![CDATA[ */ moment.updateLocale( 'en_US', {"months":["January","February","March","April","May","June","July","August","September","October","November","December"],"monthsShort":["Jan","Feb","Mar","Apr","May","Jun","Jul","Aug","Sep","Oct","Nov","Dec"],"weekdays":["Sunday","Monday","Tuesday","Wednesday","Thursday","Friday","Saturday"],"weekdaysShort":["Sun","Mon","Tue","Wed","Thu","Fri","Sat"],"week":{"dow":1},"longDateFormat":{"LT":"g:i a","LTS":null,"L":null,"LL":"F j, Y","LLL":"F j, Y g:i a","LLLL":null}} ); /* ]]> */ </script> <script type="text/javascript" src="https://cdn.jsdelivr.net/npm/daterangepicker/daterangepicker.min.js?ver=latest" id="daterangepicker-js"></script> <script type="text/javascript" src="https://kit.fontawesome.com/71d3bd93c8.js?ver=6.7.1" id="font-awesome-js"></script> <script type="text/javascript" src="https://cdn.jsdelivr.net/npm/slick-carousel@1.8.1/slick/slick.min.js?ver=6.7.1" id="slick-js"></script> <script type="text/javascript" id="__ytprefs__-js-extra"> /* <![CDATA[ */ var _EPYT_ = {"ajaxurl":"https:\/\/bpi.com\/wp-admin\/admin-ajax.php","security":"7562e26019","gallery_scrolloffset":"20","eppathtoscripts":"https:\/\/bpi.com\/wp-content\/plugins\/youtube-embed-plus\/scripts\/","eppath":"https:\/\/bpi.com\/wp-content\/plugins\/youtube-embed-plus\/","epresponsiveselector":"[\"iframe.__youtube_prefs__\",\"iframe[src*='youtube.com']\",\"iframe[src*='youtube-nocookie.com']\",\"iframe[data-ep-src*='youtube.com']\",\"iframe[data-ep-src*='youtube-nocookie.com']\",\"iframe[data-ep-gallerysrc*='youtube.com']\"]","epdovol":"1","version":"14.2.1.2","evselector":"iframe.__youtube_prefs__[src], iframe[src*=\"youtube.com\/embed\/\"], iframe[src*=\"youtube-nocookie.com\/embed\/\"]","ajax_compat":"","maxres_facade":"eager","ytapi_load":"light","pause_others":"","stopMobileBuffer":"1","facade_mode":"1","not_live_on_channel":"","vi_active":"","vi_js_posttypes":[]}; /* ]]> */ </script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/youtube-embed-plus/scripts/ytprefs.min.js?ver=14.2.1.2" id="__ytprefs__-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/wp-quicklatex/js/wp-quicklatex-frontend.js?ver=1.0" id="wp-quicklatex-frontend-js"></script> <link rel="https://api.w.org/" href="https://bpi.com/wp-json/" /><link rel="alternate" title="JSON" type="application/json" href="https://bpi.com/wp-json/wp/v2/posts/44423" /><link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://bpi.com/xmlrpc.php?rsd" /> <meta name="generator" content="WordPress 6.7.1" /> <link rel='shortlink' href='https://bpi.com/?p=44423' /> <link rel="alternate" title="oEmbed (JSON)" type="application/json+oembed" href="https://bpi.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fbpi.com%2Fjoint-trades-request-comment-deadline-extension-on-long-term-debt-proposal%2F" /> <link rel="alternate" title="oEmbed (XML)" type="text/xml+oembed" href="https://bpi.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fbpi.com%2Fjoint-trades-request-comment-deadline-extension-on-long-term-debt-proposal%2F&format=xml" /> <script src="https://my.hellobar.com/bc14c1025a2fec8452133e6d41278082399e89f0.js" type="text/javascript" charset="utf-8" async="async"></script><style type="text/css">.blue-message { background: none repeat scroll 0 0 #3399ff; color: #ffffff; text-shadow: none; font-size: 14px; line-height: 24px; padding: 10px; } .green-message { background: none repeat scroll 0 0 #8cc14c; color: #ffffff; text-shadow: none; font-size: 14px; line-height: 24px; padding: 10px; } .orange-message { background: none repeat scroll 0 0 #faa732; color: #ffffff; text-shadow: none; font-size: 14px; line-height: 24px; padding: 10px; } .red-message { background: none repeat scroll 0 0 #da4d31; color: #ffffff; text-shadow: none; font-size: 14px; line-height: 24px; padding: 10px; } .grey-message { background: none repeat scroll 0 0 #53555c; color: #ffffff; text-shadow: none; font-size: 14px; line-height: 24px; padding: 10px; } .left-block { background: none repeat scroll 0 0px, radial-gradient(ellipse at center center, #ffffff 0%, #f2f2f2 100%) repeat scroll 0 0 rgba(0, 0, 0, 0); color: #8b8e97; padding: 10px; margin: 10px; float: left; } .right-block { background: none repeat scroll 0 0px, radial-gradient(ellipse at center center, #ffffff 0%, #f2f2f2 100%) repeat scroll 0 0 rgba(0, 0, 0, 0); color: #8b8e97; padding: 10px; margin: 10px; float: right; } .blockquotes { background: none; border-left: 5px solid #f1f1f1; color: #8B8E97; font-size: 14px; font-style: italic; line-height: 22px; padding-left: 15px; padding: 10px; width: 60%; float: left; } </style><link rel="icon" href="https://bpi.com/wp-content/uploads/2019/05/cropped-cropped-bpi-favicon-32x32.png" sizes="32x32" /> <link rel="icon" href="https://bpi.com/wp-content/uploads/2019/05/cropped-cropped-bpi-favicon-192x192.png" sizes="192x192" /> <link rel="apple-touch-icon" href="https://bpi.com/wp-content/uploads/2019/05/cropped-cropped-bpi-favicon-180x180.png" /> <meta name="msapplication-TileImage" content="https://bpi.com/wp-content/uploads/2019/05/cropped-cropped-bpi-favicon-270x270.png" /> <style type="text/css" id="wp-custom-css"> .wp-block-quote { margin-top: 20px; margin-bottom: 40px; padding-top: 0px; padding-bottom: 0px; } .wysiwyg blockquote cite { margin-top: 0.25rem; text-align: left; color: #6b6a71; width: 100%; padding-left: 0.75em; } .wysiwyg blockquote, .wysiwyg blockquote p { font-size: 1.25rem; line-height: 1.8; font-family: Open Sans,sans-serif; font-style: normal; font-weight: 400; padding: 0.75em; color: #6b6a71; } @media only screen and (max-width: 775px) { .wysiwyg blockquote, .wysiwyg blockquote p { font-size: 1.125rem; } } .wysiwyg blockquote cite { position: static; margin-top: 0.25rem; text-align: left; color: #6b6a71; } .wysiwyg blockquote cite:before { content: "–"; margin-right: 6px; } .wysiwyg blockquote:before { content: none; } .wysiwyg blockquote { font-size: auto; font-family: Open Sans,sans-serif; border: 0; margin: 1.5em 0.5em; padding: 0.75m; line-height: 1.8; color: #6b6a71; } .algolia-result { margin-bottom: 1em; } .p2, .wysiwyg .has-large-font-size, .wysiwyg .has-regular-font-size, .wysiwyg ol li, .wysiwyg p, .wysiwyg ul li, body.error404 .subtitle-404 { overflow-wrap: break-word; } .gf_coupon_item { color: white; } @media all and (max-width: 768px) { .hide-on-mobile { display: none !important; }} .gmap-responsive{ overflow:hidden; padding-bottom:56.25%; position:relative; border:none; height:0; } .gmap-responsive iframe{ left:0; top:0; height:100%; width:100%; position:absolute; top:-70px; border:none; } .pref-hotel-table td{ padding: 10px; } .advgb-recent-posts-block .advgb-recent-post .advgb-post-title { font-size: 1.25rem; } .breadcrumbs { overflow: hidden; } @media all and (max-width: 768px) { .wp-block-column:not(:only-child) { flex-basis: calc(100% - 1em)!important; flex-grow: 0; }} @media all and (max-width: 768px) { .block-bits-research .column .featured-posts { flex-wrap:nowrap!important; }} @media only screen and (max-width: 416px) { #bio-button { margin-top: .25rem; }} @media only screen and (max-width: 416px) { #cv-button { margin-top: .25rem; }} @media only screen and (max-width: 416px) { #headshot-button { margin-top: .25rem; }} .staff-interview a { padding-top: 0px!important; } .block-post-spotlight .block-title { margin-left: 0px; } .menu-button .nav-main-link { background-color: #ff9b00; color: #ffffff; padding: 3px 10px; border-radius: 6px; text-decoration: none; display: inline-block; text-align: center; transition: background-color 0.3s ease; } @media only screen and (max-width: 768px) { .menu-button .nav-main-link { margin-top: 10px; /* Adjust the value as needed */ } } </style>    <script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-K82HJCX');</script>  <meta name="facebook-domain-verification" content="kiyyoqqmcmy8zqrhhj3vt8la9c0m8i" /> </head> <body class="post-template-default single single-post postid-44423 single-format-standard wp-embed-responsive">  <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-K82HJCX" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript>  <a class="skip-link" href="#main">Skip to content</a> <div class="modal is-hidden modal-youtube"> <div class="modal-embed-container"> <div class="modal-youtube-embed"> <div class="modal-youtube-close js-hideYoutubeModal"> Close <span class="icon far fa-times"></span> </div> <div class="modal-youtube-iframe"></div> </div> </div> </div> <header> <a href="/"><img data-skip-lazy class="logo long-logo" src="/wp-content/themes/bpi/assets/images/bpi-logo.png" alt="Bank Policy Institute"><img data-skip-lazy class="logo short-logo" src="/wp-content/themes/bpi/assets/images/bpi-mark.png" alt="Bank Policy Institute"></a> <nav> <ul> <li class=" menu-item menu-item-type-custom menu-item-object-custom menu-item-10423 menu-item-has-children"> <a class="nav-main-link" href="/about-us" >About Us <span class="far fa-angle-down"></span> </a> <ul class="dropdown"> <li> <a href="/about-us" >Overview</a> </li> <li> <a href="/about-us#membership" >Membership</a> </li> <li> <a href="/about-us#board-members" >Leadership</a> </li> <li> <a href="/about-us#bpi-team" >Our Team</a> </li> <li> <a href="/bits" >About BITS</a> </li> <li> <a href="https://bpi.com/research-team/" >About the Research Team</a> </li> <li> <a href="https://bpi.com/careers/" >Careers</a> </li> <li> <a href="/contact-us" >Contact Us</a> </li> <li> <a href="https://bpi.com/frequently-asked-questions/" >Frequently Asked Questions</a> </li> </ul> </li> <li class="menu-item-has-children menu-item menu-item-type-custom menu-item-object-custom menu-item-10432"> <a class="nav-main-link" href="/issues-and-topics/" >Issues <span class="far fa-angle-down"></span> </a> <div class="topics-dropdown-container"> <div class="dropdown topics-dropdown"> <div> <div class="topics"> <span class="dropdown-title topic-title">Topics</span> <ul> <li> <a href="https://bpi.com/category/aml-cft/" >AML, Bank Secrecy Act</a> </li> <li> <a href="https://bpi.com/category/activities-structure/" >Bank Activities and Structure</a> </li> <li> <a href="https://bpi.com/category/capital-stresstesting/" >Bank Capital</a> </li> <li> <a href="https://bpi.com/category/liquidity/" >Bank Liquidity</a> </li> <li> <a href="https://bpi.com/category/capital-stresstesting/basel-finalization/" >Basel Finalization</a> </li> <li> <a href="https://bpi.com/category/consumer-affairs/" >Consumer Affairs</a> </li> <li> <a href="https://bpi.com/category/cybersecurity/" >Cybersecurity</a> </li> <li> <a href="https://bpi.com/mergers-and-acquisitions/" >Mergers and Acquisitions</a> </li> <li> <a href="https://bpi.com/category/capital-stresstesting/stress-testing/" >Stress Testing</a> </li> <li> <a href="https://bpi.com/category/supervision-enforcement/" >Supervision & Enforcement</a> </li> </ul> <a href="/issues-and-topics/" class="button primary small">View All Issues</a> <button class="issues-mobile-switch"> <span>Issues in Focus</span> <span class="far fa-angle-right"></span> </button> </div> <div class="issues"> <button class="topics-mobile-switch"> <span class="far fa-angle-left"></span> Back</button> <span class="dropdown-title">Issues in Focus</span> <div class="issues-image"> <a href="https://chainstorecharity.com/" rel="nofollow noopener"> <img src="https://bpi.com/wp-content/uploads/2024/07/IMG_4104.png"> </a> </div> <a class="dropdown-title overview-title" href="/initiatives" >Latest Projects</a> <ul> <li> <a href="https://bpi.com/basel-accord/" >Basel III Accord U.S. Finalization</a> </li> <li> <a href="https://bpi.com/category/fintech-innovation/digital-assets/central-bank-digital-currency/" >Central Bank Digital Currency</a> </li> <li> <a href="https://bpi.com/bank-commitments-to-improve-diversity-and-inclusion/" >Diversity and Inclusion</a> </li> <li> <a href="/everyday-bpi" >Economic Impact of BPI Members</a> </li> <li> <a href="https://bpi.com/fed-account-access/" >Fed Account Access for Nonbanks</a> </li> <li> <a href="https://keepbankingsafe.com/" >FinTech, Big Tech and the Safety of the Banking System</a> </li> <li> <a href="https://bpi.com/category/supervision-enforcement/silicon-valley-bank/" >Silicon Valley Bank</a> </li> </ul> </div> </div> </div> </div> </li> <li class=" menu-item menu-item-type-custom menu-item-object-custom menu-item-10434 menu-item-has-children"> <a class="nav-main-link" href="/initiatives" >Projects <span class="far fa-angle-down"></span> </a> <ul class="dropdown"> <li> <a href="https://bpi.com/americas-large-banks-foundation-of-free-enterprise/" >Banks: Foundation of Free Enterprise</a> </li> <li> <a href="https://chainstorecharity.com/" >Chain Store Charity</a> </li> <li> <a href="https://bpi.com/bank-commitments-to-improve-diversity-and-inclusion/" >Diversity and Inclusion</a> </li> <li> <a href="/everyday-bpi/" >Economic Impact of BPI Members</a> </li> <li> <a href="http://endanonymousshellcompanies.com/" target=_blank>End Anonymous Shell Companies</a> </li> <li> <a href="https://bpi.com/fed-account-access/" >Fed Account Access for Nonbanks</a> </li> <li> <a href="https://bpi.com/stress-tests/" >Federal Reserve Annual Stress Test</a> </li> <li> <a href="https://keepbankingsafe.com" target=_blank>Keep Banking Safe</a> </li> <li> <a href="https://bpi.com/mergers-and-acquisitions/" >Mergers and Acquisitions</a> </li> <li> <a href="/sheltered-harbor/" >Sheltered Harbor</a> </li> <li> <a href="https://stopbaselendgame.com" >Stop Basel Endgame</a> </li> </ul> </li> <li class=" menu-item menu-item-type-custom menu-item-object-custom menu-item-21530 menu-item-has-children"> <a class="nav-main-link" href="/resources" >Resources <span class="far fa-angle-down"></span> </a> <ul class="dropdown"> <li> <a href="https://bpi.com/document-type/comment-letters/" >Comment Letters</a> </li> <li> <a href="https://bpi.com/document-type/congressional-letters/" >Congressional Letters</a> </li> <li> <a href="https://bpi.com/document-type/one-pagers/" >One-pagers</a> </li> <li> <a href="https://bpi.com/document-type/reportswhite-papers/" >Reports and Research Notes</a> </li> <li> <a href="https://bpi.com/document-type/testimonies/" >Testimonies</a> </li> <li> <a href="https://bpi.com/search/" >All Recent Content</a> </li> </ul> </li> <li class=" menu-item menu-item-type-post_type menu-item-object-page menu-item-10737 menu-item-has-children"> <a class="nav-main-link" href="https://bpi.com/media/" >Media <span class="far fa-angle-down"></span> </a> <ul class="dropdown"> <li> <a href="https://bpi.com/media/media-contacts/" >Media Contacts</a> </li> <li> <a href="https://bpi.com/document-type/press/" >Press Releases</a> </li> <li> <a href="https://bpi.com/document-type/newsletter/" >Newsletters</a> </li> <li> <a href="https://bpi.com/category/research-exchange/" >Research Exchange</a> </li> <li> <a href="https://bpi.com/document-type/podcasts/" >Podcasts</a> </li> <li> <a href="https://bpi.com/document-type/news/" >Op-Eds & Highlights</a> </li> <li> <a href="https://bpi.com/media/bpi-multimedia-gallery/" >Multimedia Hub</a> </li> </ul> </li> <li class=" menu-item menu-item-type-custom menu-item-object-custom menu-item-10436"> <a class="nav-main-link" href="/blog">Blog</a> </li> <li class="menu-button menu-item menu-item-type-custom menu-item-object-custom menu-item-47723"> <a class="nav-main-link" href="https://bpi.com/sign-up/">Subscribe</a> </li> </ul> </nav> <div class="header-end normal-end"> <button class="button text search-button" aria-label="Search"> <span class="fas fa-search"></span> </button> <button class="button text mobile-menu-button" aria-label="Menu"> <span class="fas fa-bars"></span> </button> </div> <div id="search-bar"> <algolia-search-cta index-prefix="prod_"/> </div> </header> <main id="main"> <div id="search-cta"> <algolia-search-cta index-prefix="prod_"/> </div> <article> <section class="breadcrumbs"> <div class="breadcrumbs-holder"> <a href="/" title="Bank Policy Institute Homepage" class="breadcrumb-item"> Home </a><span class="separator">/</span> <a href="/category/liquidity" title="Bank Liquidity" class="breadcrumb-item">Bank Liquidity</a><span class="separator">/</span> <a href="/document-type/comment-letters" title="Comment Letters" class="breadcrumb-item">Comment Letters</a><span class="separator">/</span> <a href="/agency/fdic" title="Federal Deposit Insurance Corporation" class="breadcrumb-item">Federal Deposit Insurance Corporation</a> </div> </section> <ul class="post-topics topics-list"> <li> <a href="https://bpi.com/category/liquidity/">Bank Liquidity</a> </li> <li> <a href="https://bpi.com/category/capital-stresstesting/basel-finalization/">Basel Finalization</a> </li> </ul> <div class="post-top-container container-1000"> <h1 class="post-title">Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal</h1> <div class="post-meta"> <time datetime="2023-10-06T00:50:00-04:00"> <span class="fal fa-clock"></span> October 6, 2023 </time> <a class="button small purple ghost pill icon print" href="https://bpi.com/wp-content/uploads/2023/09/Negative-Impacts-of-the-Safeguarding-Proposal-on-Investors-Market-Participants-and-the-Financial-Markets-Joint-Trades.pdf" target="_blank"><span class="fal fa-print"></span>Print</a> </div> </div> <div class="container"> <div class="post-content wysiwyg container-1000"> <p>Ladies and Gentlemen: </p> <p>The Bank Policy Institute, the American Bankers Association, the Financial Services Forum, the Institute of International Bankers, and the Securities Industry and Financial Markets Association<a id="_ftnref1" href="#_ftn1"><sup>[1]</sup></a> submit this letter requesting a 60-day extension of the comment period for each of 1 See Appendix for information on the associations. the following four resolution-related proposals (together, the <strong>Resolution-Related Proposals</strong>):</p> <ul class="wp-block-list"> <li>Long-Term Debt Requirements for Large Bank Holding Companies, Certain Intermediate Holding Companies of Foreign Banking Organizations, and Large Insured Depository Institutions (<strong>Long-Term Debt Proposal</strong>); <a id="_ftnref2" href="#_ftn2"><sup>[2]</sup></a></li> </ul> <ul class="wp-block-list"> <li>Resolution Plans Required for Insured Depository Institutions With $100 Billion or More in Total Assets; Informational Filings Required for Insured Depository Institutions With at Least $50 Billion But Less Than $100 Billion in Total Assets (<strong>IDI Rule Proposal</strong>);<a id="_ftnref3" href="#_ftn3"><sup>[3]</sup></a></li> </ul> <ul class="wp-block-list"> <li>Guidance for Resolution Plan Submissions of Domestic Triennial Full Filers (Domestic Filer Proposed Guidance); and <a id="_ftnref4" href="#_ftn4"><sup>[4]</sup></a></li> </ul> <ul class="wp-block-list"> <li>Guidance for Resolution Plan Submissions of Foreign Triennial Full Filers (<strong>Foreign Filer Proposed Guidance</strong> and, together with the Domestic Filer Guidance, <strong>165(d) Proposed Guidance</strong>).<a id="_ftnref5" href="#_ftn5"><sup>[5]</sup></a></li> </ul> <p>We are requesting extensions given the extent to which the four proposals relate to one another, as well as to the currently open <strong>Basel III Endgame Proposal</strong> <a id="_ftnref6" href="#_ftn6"><sup>[6]</sup></a> and, for several banking organizations, the <strong>GSIB Surcharge Proposal</strong>.<a id="_ftnref7" href="#_ftn7"><sup>[7]</sup></a> Specifically, we believe that comment period extensions are appropriate because:</p> <ul class="wp-block-list"> <li>the number, length, and complexity of the proposals require detailed attention from affected banking organizations;</li> </ul> <ul class="wp-block-list"> <li>understanding certain of the effects of the proposals requires analysis and understanding of the potential effects of other proposals;</li> </ul> <ul class="wp-block-list"> <li>comments on one proposal may relate to or affect comments on another proposal; and</li> <li>the same personnel from affected banking organizations are, in many cases, responsible for analyzing the proposals.</li> </ul> <p>These factors all argue in favor of extending the comment periods for each of the Resolution Related Proposals so that banking organizations have sufficient time and resources to evaluate the content of each proposal, as well as how they interact with one another. Accordingly, we request a 60-day extension of the comment periods for each of the Resolution-Related Proposals, until January 30, 2024, or until the date that is 60 days following the end of the comment period for the Basel III Endgame Proposal, whichever is later.</p> <p><em>To read the full comment letter, please <a href="https://bpi.com/wp-content/uploads/2023/10/Resolution-Related-Proposals-Joint-Comment-Period-Extension-Request-10.6.23.pdf" target="_blank" rel="noreferrer noopener">click here</a></em>, or click on the download button below.</p> <div style="height:21px" aria-hidden="true" class="wp-block-spacer"></div> <div data-wp-interactive="core/file" class="wp-block-file aligncenter"><object data-wp-bind--hidden="!state.hasPdfPreview" hidden class="wp-block-file__embed" data="https://bpi.com/wp-content/uploads/2023/10/Resolution-Related-Proposals-Joint-Comment-Period-Extension-Request-10.6.23-1.pdf" type="application/pdf" style="width:100%;height:600px" aria-label="Embed of Resolution-Related-Proposals-Joint-Comment-Period-Extension-Request-10.6.23."></object><a id="wp-block-file--media-6b9139f1-5ca7-4562-9a59-c71d254d9e72" href="https://bpi.com/wp-content/uploads/2023/10/Resolution-Related-Proposals-Joint-Comment-Period-Extension-Request-10.6.23-1.pdf">Resolution-Related-Proposals-Joint-Comment-Period-Extension-Request-10.6.23</a><a href="https://bpi.com/wp-content/uploads/2023/10/Resolution-Related-Proposals-Joint-Comment-Period-Extension-Request-10.6.23-1.pdf" class="wp-block-file__button wp-element-button" download aria-describedby="wp-block-file--media-6b9139f1-5ca7-4562-9a59-c71d254d9e72">Download</a></div> <p><a id="_ftn1" href="#_ftnref1">[1]</a> See Appendix for information on the associations.</p> <p><a id="_ftn2" href="#_ftnref2">[2]</a> Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Long-Term Debt Requirements for Large Bank Holding Companies, Certain Intermediate Holding Companies of Foreign Banking Organizations, and Large Insured Depository Institutions, 88 Fed. Reg. 64524 (Sept. 19, 2023).</p> <p><a id="_ftn3" href="#_ftnref3">[3]</a> Federal Deposit Insurance Corporation, Resolution Plans Required for Insured Depository Institutions With $100 Billion or More in Total Assets; Informational Filings Required for Insured Depository Institutions With at Least $50 Billion But Less Than $100 Billion in Total Assets, 88 Fed. Reg. 64579 (Sept. 19, 2023).</p> <p><a id="_ftn4" href="#_ftnref4">[4]</a> Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Guidance for Resolution Plan Submissions of Domestic Triennial Full Filers, 88 Fed. Reg. 64626 (Sept. 19, 2023).</p> <p><a id="_ftn5" href="#_ftnref5">[5]</a> Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Guidance for Resolution Plan Submissions of Foreign Triennial Full Filers, 88 Fed. Reg. 64641 (Sept. 19, 2023).</p> <p><a id="_ftn6" href="#_ftnref6">[6]</a> Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Regulatory Capital Rule: Large Banking Organizations and Banking Organizations With Significant Trading Activity, 88 Fed. Reg. 64028 (Sept. 18, 2023).</p> <p><a id="_ftn7" href="#_ftnref7">[7]</a> Board of Governors of the Federal Reserve System, Regulatory Capital Rule: Risk-Based Capital Surcharges for Global Systemically Important Bank Holding Companies; Systemic Risk Report (FR Y-15), 88 Fed. Reg. 60385 (Sept. 1, 2023).</p> <div class="pdf-download"> <a class="button ghost pill icon-left small purple" href="https://bpi.com/wp-content/uploads/2023/09/Negative-Impacts-of-the-Safeguarding-Proposal-on-Investors-Market-Participants-and-the-Financial-Markets-Joint-Trades.pdf"><span class="far fa-arrow-to-bottom"></span>Download</a> </div> </div> <div class="social-share"> <span class="h6">SHARE</span> <a href="https://www.facebook.com/sharer/sharer.php?u=https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/" target="_blank" class="spin circle social-share-button facebook-share" title="Post on Facebook"> <i class="fab fa-facebook"></i> </a> <a href="https://twitter.com/intent/tweet?text=Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/ via @BankPolicy" target="_blank" class="spin circle social-share-button twitter-share" title="Tweet this link"> <svg xmlns="http://www.w3.org/2000/svg" width="18" height="18" fill="currentColor" class="bi bi-twitter-x" viewBox="0 0 16 16"> <path d="M12.6.75h2.454l-5.36 6.142L16 15.25h-4.937l-3.867-5.07-4.425 5.07H.316l5.733-6.57L0 .75h5.063l3.495 4.633L12.601.75Zm-.86 13.028h1.36L4.323 2.145H2.865l8.875 11.633Z"></path> </svg> </a> <a href="https://www.linkedin.com/sharing/share-offsite/?url=https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/" target="_blank" class="spin circle social-share-button linkedin-share" title="Share on LinkedIn"> <i class="fab fa-linkedin-in"></i> </a> <a href="mailto:?&subject=&body=Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal%0D%0Avisit https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/" target="_blank" class="spin circle social-share-button email-share" title="Share via Email"> <i class="far fa-envelope-open"></i> </a> <a href="https://bpi.com/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/" target="_blank" class="spin circle social-share-button link-share" title="Copy Link"> <i class="far fa-link"></i> </a> <a class="spin circle social-share-button" href="https://bpi.com/wp-content/uploads/2023/09/Negative-Impacts-of-the-Safeguarding-Proposal-on-Investors-Market-Participants-and-the-Financial-Markets-Joint-Trades.pdf" title="Print"> <i class="far fa-print"></i> </a> </div> </div> <footer class="container"> <div class="post-content"> <p class="next-post"> <b>Next Post:</b> <a href="https://bpi.com/the-fdics-proposed-brokered-deposit-reclassification-an-empirical-evaluation/">The FDIC’s Proposed Brokered Deposit Reclassification: An Empirical Evaluation</a> <a class="button ghost small purple" href="https://bpi.com/the-fdics-proposed-brokered-deposit-reclassification-an-empirical-evaluation/">View Next Post</a> </p> <hr class="node-long"> </div> </footer> </article>  <section class="related-posts post-slider"> <div class="related-posts-header"> <span class="related-posts-title">You Might Also Be Interested In...</span> <div class="related-posts-controls"> <span class="slide-count"></span> <button class="button text slider-prev" aria-label="Previous"> <span class="far fa-long-arrow-left"></span> </button> <button class="button text slider-next" aria-label="Next"> <span class="far fa-long-arrow-right"></span> </button> </div> </div> <div class="related-posts-container"> <div class="post-card"> <a href="https://bpi.com/category/activities-structure/brokered-deposit/" class="main-topic">Brokered Deposit</a> <a class="post-link" href="https://bpi.com/the-fdics-proposed-brokered-deposit-reclassification-an-empirical-evaluation/"> <img src="https://bpi.com/wp-content/uploads/2024/11/gavel-and-finance-chart-286x162.jpg" srcset="" alt="image of gavel with finance chart"> <span class="h5">The FDIC’s Proposed Brokered Deposit Reclassification: An Empirical Evaluation</span> <time datetime="2024-11-21T10:30:00-05:00"> <span class="far fa-clock"></span> November 21, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/capital-stresstesting/basel-finalization/" class="main-topic">Basel Finalization</a> <a class="post-link" href="https://bpi.com/bpi-statement-on-prudential-regulator-hearing/"> <img src="https://bpi.com/wp-content/uploads/2020/10/press_conference-286x162.jpg" srcset="" alt="Image showing microphones for press cover"> <span class="h5">BPI Statement on Prudential Regulator Hearing</span> <time datetime="2024-11-20T08:58:27-05:00"> <span class="far fa-clock"></span> November 20, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/consumer-affairs/" class="main-topic">Consumer Affairs</a> <a class="post-link" href="https://bpi.com/potential-unintended-consequences-of-a-capital-charge-on-unused-credit-card-lines-curtailed-access-to-backup-liquidity-and-lower-credit-scores/"> <img src="https://bpi.com/wp-content/uploads/2024/11/credit-cards-at-risk-286x162.jpg" srcset="" alt="credit cards"> <span class="h5">Potential Unintended Consequences of a Capital Charge on Unused Credit Card Lines: Curtailed Access to Backup Liquidity and Lower Credit Scores</span> <time datetime="2024-11-13T11:23:29-05:00"> <span class="far fa-clock"></span> November 13, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/liquidity/" class="main-topic">Bank Liquidity</a> <a class="post-link" href="https://bpi.com/barr-raises-the-right-questions-but-has-he-already-decided-on-the-answers/"> <img src="https://bpi.com/wp-content/uploads/2024/10/fed-building-orangeoverlay-286x162.jpg" srcset="" alt="fed building"> <span class="h5">Barr Raises the Right Questions, But Has He Already Decided on the Answers?</span> <time datetime="2024-10-17T09:00:00-04:00"> <span class="far fa-clock"></span> October 17, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/resolution-recovery/" class="main-topic">Resolution & Recovery Planning</a> <a class="post-link" href="https://bpi.com/open-banker-some-thoughts-on-reforming-the-fdic/"> <img src="https://bpi.com/wp-content/uploads/2020/11/op-eds-286x162.jpg" srcset="https://bpi.com/wp-content/uploads/2020/11/op-eds-286x162.jpg 286w, https://bpi.com/wp-content/uploads/2020/11/op-eds-300x169.jpg 300w, https://bpi.com/wp-content/uploads/2020/11/op-eds-768x432.jpg 768w, https://bpi.com/wp-content/uploads/2020/11/op-eds-600x338.jpg 600w, https://bpi.com/wp-content/uploads/2020/11/op-eds.jpg 1000w" alt="Stack of newspapers"> <span class="h5">Open Banker: Some Thoughts on Reforming the FDIC</span> <time datetime="2024-10-15T09:25:56-04:00"> <span class="far fa-clock"></span> October 15, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/liquidity/" class="main-topic">Bank Liquidity</a> <a class="post-link" href="https://bpi.com/from-the-floor-back-to-the-corridor-why-the-choice-of-monetary-policy-implementation-framework-matters/"> <img src="https://bpi.com/wp-content/uploads/2020/10/bpi-default-post-thumbnail.png" srcset="" alt=""> <span class="h5">From the Floor Back to the Corridor: Why the Choice of Monetary Policy Implementation Framework Matters</span> <time datetime="2024-10-13T17:00:00-04:00"> <span class="far fa-clock"></span> October 13, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/capital-stresstesting/basel-finalization/" class="main-topic">Basel Finalization</a> <a class="post-link" href="https://bpi.com/regulators-arent-enabling-risk-by-reproposing-basel-theyre-following-the-law/"> <img src="https://bpi.com/wp-content/uploads/2024/09/justice-is-blind-286x162.jpg" srcset="" alt=""> <span class="h5">Regulators Aren’t Enabling Risk by Reproposing Basel – They’re Following the Law.</span> <time datetime="2024-09-20T10:39:50-04:00"> <span class="far fa-clock"></span> September 20, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/capital-stresstesting/" class="main-topic">Bank Capital</a> <a class="post-link" href="https://bpi.com/how-u-s-regulation-is-reducing-foreign-bank-participation-in-capital-markets/"> <img src="https://bpi.com/wp-content/uploads/2024/09/shutterstock_1685897416-286x162.jpg" srcset="" alt="image of graph, U.S. flag and Benjamin Franklin on U.S. dollar"> <span class="h5">How U.S. Regulation is Reducing Foreign Bank Participation in Capital Markets</span> <time datetime="2024-09-17T09:30:00-04:00"> <span class="far fa-clock"></span> September 17, 2024 </time> </a> </div> </div> </section> <section class="related-posts post-slider"> <div class="related-posts-header"> <span class="related-posts-title">More Posts by This Author</span> <div class="related-posts-controls"> <span class="slide-count"></span> <button class="button text slider-prev" aria-label="Previous"> <span class="far fa-long-arrow-left"></span> </button> <button class="button text slider-next" aria-label="Next"> <span class="far fa-long-arrow-right"></span> </button> </div> </div> <div class="related-posts-container"> <div class="post-card"> <a href="https://bpi.com/category/market-liquidity/" class="main-topic">Market Liquidity</a> <a class="post-link" href="https://bpi.com/a-challenge-for-the-next-treasury-secretary-liquidity-in-u-s-fixed-income-markets-and-particularly-the-treasury-market/"> <img src="https://bpi.com/wp-content/uploads/2020/10/us-treasury-286x162.jpg" srcset="" alt=""> <span class="h5">A Challenge for the Next Treasury Secretary: Liquidity in U.S. Fixed Income Markets and Particularly the Treasury Market</span> <time datetime="2024-11-26T12:00:00-05:00"> <span class="far fa-clock"></span> November 26, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/security/data-privacy/section1033/" class="main-topic">Section 1033</a> <a class="post-link" href="https://bpi.com/screen-scraping-what-is-it-and-how-does-it-work/"> <img src="https://bpi.com/wp-content/uploads/2024/11/screen-scraping-286x162.jpg" srcset="" alt="photo showing person on computer and digital scans"> <span class="h5">Screen Scraping: What Is It and How Does It Work?</span> <time datetime="2024-11-26T11:08:00-05:00"> <span class="far fa-clock"></span> November 26, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/bpinsights/" class="main-topic">BPInsights</a> <a class="post-link" href="https://bpi.com/bpinsights-nov-23-2024/"> <img src="https://bpi.com/wp-content/uploads/2020/10/Bpinsights-cover-286x162.png" srcset="https://bpi.com/wp-content/uploads/2020/10/Bpinsights-cover-286x162.png 286w, https://bpi.com/wp-content/uploads/2020/10/Bpinsights-cover-300x169.png 300w, https://bpi.com/wp-content/uploads/2020/10/Bpinsights-cover.png 560w" alt="BPInsights - news, research, and analysis"> <span class="h5">BPInsights: Nov. 23, 2024</span> <time datetime="2024-11-23T08:00:00-05:00"> <span class="far fa-clock"></span> November 23, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/activities-structure/brokered-deposit/" class="main-topic">Brokered Deposit</a> <a class="post-link" href="https://bpi.com/fdic-brokered-deposits-proposal-would-raise-costs-for-consumers/"> <img src="https://bpi.com/wp-content/uploads/2020/10/iStock-866214648-286x162.jpg" srcset="" alt="Interviewing businessman or politician, press conference"> <span class="h5">FDIC Brokered Deposits Proposal Would Raise Costs for Consumers</span> <time datetime="2024-11-21T11:11:54-05:00"> <span class="far fa-clock"></span> November 21, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/activities-structure/" class="main-topic">Bank Activities and Structure</a> <a class="post-link" href="https://bpi.com/bpi-comments-on-the-fdics-proposed-rulemaking-on-brokered-deposits-regulatory-framework/"> <img src="https://bpi.com/wp-content/uploads/2019/07/man-signing-legal-doc-286x162.jpg" srcset="https://bpi.com/wp-content/uploads/2019/07/man-signing-legal-doc-286x162.jpg 286w, https://bpi.com/wp-content/uploads/2019/07/man-signing-legal-doc-730x416.jpg 730w" alt="Hand signing legal document"> <span class="h5">BPI Comments on the FDIC’s Proposed Rulemaking on Brokered Deposits Regulatory Framework</span> <time datetime="2024-11-21T11:11:37-05:00"> <span class="far fa-clock"></span> November 21, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/activities-structure/brokered-deposit/" class="main-topic">Brokered Deposit</a> <a class="post-link" href="https://bpi.com/the-fdics-proposed-brokered-deposit-reclassification-an-empirical-evaluation/"> <img src="https://bpi.com/wp-content/uploads/2024/11/gavel-and-finance-chart-286x162.jpg" srcset="" alt="image of gavel with finance chart"> <span class="h5">The FDIC’s Proposed Brokered Deposit Reclassification: An Empirical Evaluation</span> <time datetime="2024-11-21T10:30:00-05:00"> <span class="far fa-clock"></span> November 21, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/activities-structure/brokered-deposit/" class="main-topic">Brokered Deposit</a> <a class="post-link" href="https://bpi.com/fdic-proposal-oversteps-legal-authority-introduces-needless-complexity-2/"> <img src="https://bpi.com/wp-content/uploads/2020/10/iStock-866214648-286x162.jpg" srcset="" alt="Interviewing businessman or politician, press conference"> <span class="h5">FDIC Proposal Oversteps Legal Authority, Introduces Needless Complexity</span> <time datetime="2024-11-21T06:00:00-05:00"> <span class="far fa-clock"></span> November 21, 2024 </time> </a> </div> <div class="post-card"> <a href="https://bpi.com/category/security/data-privacy/section1033/" class="main-topic">Section 1033</a> <a class="post-link" href="https://bpi.com/american-banker-the-cfpbs-open-banking-rule-is-a-solution-in-search-of-a-problem/"> <img src="https://bpi.com/wp-content/uploads/2020/11/op-eds-286x162.jpg" srcset="https://bpi.com/wp-content/uploads/2020/11/op-eds-286x162.jpg 286w, https://bpi.com/wp-content/uploads/2020/11/op-eds-300x169.jpg 300w, https://bpi.com/wp-content/uploads/2020/11/op-eds-768x432.jpg 768w, https://bpi.com/wp-content/uploads/2020/11/op-eds-600x338.jpg 600w, https://bpi.com/wp-content/uploads/2020/11/op-eds.jpg 1000w" alt="Stack of newspapers"> <span class="h5">Bank Think: The CFPB’s ‘Open Banking’ Rule Is a Solution in Search of a Problem</span> <time datetime="2024-11-20T14:06:24-05:00"> <span class="far fa-clock"></span> November 20, 2024 </time> </a> </div> </div> </section> </main> <footer> <div class="footer-top"> <img data-skip-lazy class="logo" src="/wp-content/themes/bpi/assets/images/bpi-logo-vertical.png" alt="Bank Policy Institute"> <div class="footer-contact"> <a class="button secondary small" href="https://bpi.com/contact-us/">Contact Us</a> <div class="social"> <a href="https://twitter.com/@BankPolicy" title="Twitter"><svg xmlns="http://www.w3.org/2000/svg" width="18" height="18" fill="currentColor" class="bi bi-twitter-x" viewBox="0 0 16 16"> <path d="M12.6.75h2.454l-5.36 6.142L16 15.25h-4.937l-3.867-5.07-4.425 5.07H.316l5.733-6.57L0 .75h5.063l3.495 4.633L12.601.75Zm-.86 13.028h1.36L4.323 2.145H2.865l8.875 11.633Z"></path> </svg></a> <a href="https://www.linkedin.com/company/95499" title="LinkedIn"><span class="fab fa-linkedin-in"></span></a> <a href="https://www.youtube.com/channel/UCdKTUhAHfnwXQORaEbdK5UQ" title="YouTube"><span class="fab fa-youtube"></span></a> <a href="https://medium.com/bank-policy-institute" title="Medium"><span class="fab fa-medium-m"></span></a> <a href="https://instagram.com/bankpolicyinstitute" title="instagram" tabindex="0"> <svg width="23" height="23" viewBox="0 0 23 23" fill="none" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" clip-rule="evenodd" d="M12 7C9.23858 7 7 9.23858 7 12C7 14.7614 9.23858 17 12 17C14.7614 17 17 14.7614 17 12C17 9.23858 14.7614 7 12 7ZM9 12C9 13.6569 10.3431 15 12 15C13.6569 15 15 13.6569 15 12C15 10.3431 13.6569 9 12 9C10.3431 9 9 10.3431 9 12Z" fill="currentColor"></path><path d="M18 5C17.4477 5 17 5.44772 17 6C17 6.55228 17.4477 7 18 7C18.5523 7 19 6.55228 19 6C19 5.44772 18.5523 5 18 5Z" fill="currentColor"></path><path fill-rule="evenodd" clip-rule="evenodd" d="M5 1C2.79086 1 1 2.79086 1 5V19C1 21.2091 2.79086 23 5 23H19C21.2091 23 23 21.2091 23 19V5C23 2.79086 21.2091 1 19 1H5ZM19 3H5C3.89543 3 3 3.89543 3 5V19C3 20.1046 3.89543 21 5 21H19C20.1046 21 21 20.1046 21 19V5C21 3.89543 20.1046 3 19 3Z" fill="currentColor"></path></svg> </a> </div> <address> <p> <span class="location-name">Washington, D.C.</span><br> 1300 Eye St. NW <br /> Suite 1100 West<br /> Washington, D.C. 20005 </p> </address> </div> <div class="footer-signup"> <span class="h5">Signup for Our Alerts.</span> <script type="text/javascript"></script> <div class='gf_browser_ie gf_browser_ie7 gform_wrapper gform_legacy_markup_wrapper gform-theme--no-framework' data-form-theme='legacy' data-form-index='0' id='gform_wrapper_1' ><div id='gf_1' class='gform_anchor' tabindex='-1'></div><form method='post' enctype='multipart/form-data' target='gform_ajax_frame_1' id='gform_1' action='/joint-trades-request-comment-deadline-extension-on-long-term-debt-proposal/#gf_1' data-formid='1' novalidate> <div class='gform-body gform_body'><ul id='gform_fields_1' class='gform_fields top_label form_sublabel_below description_below validation_below'><li id="field_1_1" class="gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_1_1" ><label class='gfield_label gform-field-label' for='input_1_1'>Email Address<span class="gfield_required"><span class="gfield_required gfield_required_asterisk">*</span></span></label><div class='ginput_container ginput_container_email'> <input name='input_1' id='input_1_1' type='email' value='' class='medium' placeholder='email@example.com' aria-required="true" aria-invalid="false" /> </div></li><li id="field_1_8" class="gfield gfield--type-honeypot gform_validation_container field_sublabel_below gfield--has-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_1_8" ><label class='gfield_label gform-field-label' for='input_1_8'>Name</label><div class='ginput_container'><input name='input_8' id='input_1_8' type='text' value='' autocomplete='new-password'/></div><div class='gfield_description' id='gfield_description_1_8'>This field is for validation purposes and should be left unchanged.</div></li></ul></div> <div class='gform-footer gform_footer top_label'> <input type='submit' id='gform_submit_button_1' class='gform_button button' onclick='gform.submission.handleButtonClick(this)' value='Submit' /> <input type='hidden' name='gform_ajax' value='form_id=1&title=&description=&tabindex=0&theme=legacy' /> <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_1' value='iframe' /> <input type='hidden' class='gform_hidden' name='is_submit_1' value='1' /> <input type='hidden' class='gform_hidden' name='gform_submit' value='1' /> <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' /> <input type='hidden' class='gform_hidden' name='state_1' value='WyJbXSIsImFiNjQ4M2I4NzBkNjdjYmE1MTkwOTkwYzdmZjM1YjYzIl0=' /> <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_1' id='gform_target_page_number_1' value='0' /> <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_1' id='gform_source_page_number_1' value='1' /> <input type='hidden' name='gform_field_values' value='' /> </div> </form> </div> <iframe style='display:none;width:0px;height:0px;' src='about:blank' name='gform_ajax_frame_1' id='gform_ajax_frame_1' title='This iframe contains the logic required to handle Ajax powered Gravity Forms.'></iframe> <script type="text/javascript"> /* <![CDATA[ */ gform.initializeOnLoaded( function() {gformInitSpinner( 1, 'https://bpi.com/wp-content/plugins/gravityforms/images/spinner.svg', true );jQuery('#gform_ajax_frame_1').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_1');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_1').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){jQuery('#gform_wrapper_1').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_1').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_1').removeClass('gform_validation_error');}setTimeout( function() { /* delay the scroll by 50 milliseconds to fix a bug in chrome */ jQuery(document).scrollTop(jQuery('#gform_wrapper_1').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_1').val();gformInitSpinner( 1, 'https://bpi.com/wp-content/plugins/gravityforms/images/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [1, current_page]);window['gf_submitting_1'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_1').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_1').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [1]);window['gf_submitting_1'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_1').text());}else{jQuery('#gform_1').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger("gform_pre_post_render", [{ formId: "1", currentPage: "current_page", abort: function() { this.preventDefault(); } }]); if (event && event.defaultPrevented) { return; } const gformWrapperDiv = document.getElementById( "gform_wrapper_1" ); if ( gformWrapperDiv ) { const visibilitySpan = document.createElement( "span" ); visibilitySpan.id = "gform_visibility_test_1"; gformWrapperDiv.insertAdjacentElement( "afterend", visibilitySpan ); } const visibilityTestDiv = document.getElementById( "gform_visibility_test_1" ); let postRenderFired = false; function triggerPostRender() { if ( postRenderFired ) { return; } postRenderFired = true; jQuery( document ).trigger( 'gform_post_render', [1, current_page] ); gform.utils.trigger( { event: 'gform/postRender', native: false, data: { formId: 1, currentPage: current_page } } ); gform.utils.trigger( { event: 'gform/post_render', native: false, data: { formId: 1, currentPage: current_page } } ); if ( visibilityTestDiv ) { visibilityTestDiv.parentNode.removeChild( visibilityTestDiv ); } } function debounce( func, wait, immediate ) { var timeout; return function() { var context = this, args = arguments; var later = function() { timeout = null; if ( !immediate ) func.apply( context, args ); }; var callNow = immediate && !timeout; clearTimeout( timeout ); timeout = setTimeout( later, wait ); if ( callNow ) func.apply( context, args ); }; } const debouncedTriggerPostRender = debounce( function() { triggerPostRender(); }, 200 ); if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) { const observer = new MutationObserver( ( mutations ) => { mutations.forEach( ( mutation ) => { if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) { debouncedTriggerPostRender(); observer.disconnect(); } }); }); observer.observe( document.body, { attributes: true, childList: false, subtree: true, attributeFilter: [ 'style', 'class' ], }); } else { triggerPostRender(); } } );} ); /* ]]> */ </script> </div> </div> <div class="footer-bottom"> <span class="copyright">© 2024 Bank Policy Institute. All Rights Reserved. </span> <a href="https://bpi.com/privacy-policy/">Privacy Policy</a> | <a href="https://bpi.com/frequently-asked-questions/">Frequently Asked Questions</a> </div> </footer> <div class="scroll-to-top"><span class="far fa-angle-up"></span></div> <nav id="mobile-menu"> <div class="overlay-container"> <div class="menu-header"> <a href="/"><img class="logo short-logo" src="/wp-content/themes/bpi/assets/images/bpi-mark.png"></a> <button class="mobile-menu-button"> <span class="far fa-times"></span> </button> </div> <ul> <li class="parent menu-item menu-item-type-custom menu-item-object-custom menu-item-10423 menu-item-has-children"> <a class="nav-main-link" href="/about-us" >About Us</a> <button class="expander"> <span class="far fa-angle-down"></span> </button> <ul class="dropdown"> <li> <a href="/about-us" >Overview</a> </li> <li> <a href="/about-us#membership" >Membership</a> </li> <li> <a href="/about-us#board-members" >Leadership</a> </li> <li> <a href="/about-us#bpi-team" >Our Team</a> </li> <li> <a href="/bits" >About BITS</a> </li> <li> <a href="https://bpi.com/research-team/" >About the Research Team</a> </li> <li> <a href="https://bpi.com/careers/" >Careers</a> </li> <li> <a href="/contact-us" >Contact Us</a> </li> <li> <a href="https://bpi.com/frequently-asked-questions/" >Frequently Asked Questions</a> </li> </ul> </li> <li class="parent menu-item-has-children menu-item menu-item-type-custom menu-item-object-custom menu-item-10432"> <a class="nav-main-link" href="/issues-and-topics/" >Issues</a> <button class="expander"> <span class="far fa-angle-down"></span> </button> <div class="topics-dropdown-container"> <div class="dropdown topics-dropdown"> <div> <div class="topics"> <span class="dropdown-title topic-title">Topics</span> <ul> <li> <a href="https://bpi.com/category/aml-cft/" >AML, Bank Secrecy Act</a> </li> <li> <a href="https://bpi.com/category/activities-structure/" >Bank Activities and Structure</a> </li> <li> <a href="https://bpi.com/category/capital-stresstesting/" >Bank Capital</a> </li> <li> <a href="https://bpi.com/category/liquidity/" >Bank Liquidity</a> </li> <li> <a href="https://bpi.com/category/capital-stresstesting/basel-finalization/" >Basel Finalization</a> </li> <li> <a href="https://bpi.com/category/consumer-affairs/" >Consumer Affairs</a> </li> <li> <a href="https://bpi.com/category/cybersecurity/" >Cybersecurity</a> </li> <li> <a href="https://bpi.com/mergers-and-acquisitions/" >Mergers and Acquisitions</a> </li> <li> <a href="https://bpi.com/category/capital-stresstesting/stress-testing/" >Stress Testing</a> </li> <li> <a href="https://bpi.com/category/supervision-enforcement/" >Supervision & Enforcement</a> </li> </ul> <a href="/issues-and-topics/" class="button primary small">View All Issues</a> <button class="issues-mobile-switch"> <span>Issues in Focus</span> <span class="far fa-angle-right"></span> </button> </div> <div class="issues"> <button class="topics-mobile-switch"> <span class="far fa-angle-left"></span> Back</button> <span class="dropdown-title">Issues in Focus</span> <div class="issues-image"> <a href="https://chainstorecharity.com/" rel="nofollow noopener"> <img src="https://bpi.com/wp-content/uploads/2024/07/IMG_4104.png"> </a> </div> <a class="dropdown-title overview-title" href="/initiatives" >Latest Projects</a> <ul> <li> <a href="https://bpi.com/basel-accord/" >Basel III Accord U.S. Finalization</a> </li> <li> <a href="https://bpi.com/category/fintech-innovation/digital-assets/central-bank-digital-currency/" >Central Bank Digital Currency</a> </li> <li> <a href="https://bpi.com/bank-commitments-to-improve-diversity-and-inclusion/" >Diversity and Inclusion</a> </li> <li> <a href="/everyday-bpi" >Economic Impact of BPI Members</a> </li> <li> <a href="https://bpi.com/fed-account-access/" >Fed Account Access for Nonbanks</a> </li> <li> <a href="https://keepbankingsafe.com/" >FinTech, Big Tech and the Safety of the Banking System</a> </li> <li> <a href="https://bpi.com/category/supervision-enforcement/silicon-valley-bank/" >Silicon Valley Bank</a> </li> </ul> </div> </div> </div> </div> </li> <li class="parent menu-item menu-item-type-custom menu-item-object-custom menu-item-10434 menu-item-has-children"> <a class="nav-main-link" href="/initiatives" >Projects</a> <button class="expander"> <span class="far fa-angle-down"></span> </button> <ul class="dropdown"> <li> <a href="https://bpi.com/americas-large-banks-foundation-of-free-enterprise/" >Banks: Foundation of Free Enterprise</a> </li> <li> <a href="https://chainstorecharity.com/" >Chain Store Charity</a> </li> <li> <a href="https://bpi.com/bank-commitments-to-improve-diversity-and-inclusion/" >Diversity and Inclusion</a> </li> <li> <a href="/everyday-bpi/" >Economic Impact of BPI Members</a> </li> <li> <a href="http://endanonymousshellcompanies.com/" target=_blank>End Anonymous Shell Companies</a> </li> <li> <a href="https://bpi.com/fed-account-access/" >Fed Account Access for Nonbanks</a> </li> <li> <a href="https://bpi.com/stress-tests/" >Federal Reserve Annual Stress Test</a> </li> <li> <a href="https://keepbankingsafe.com" target=_blank>Keep Banking Safe</a> </li> <li> <a href="https://bpi.com/mergers-and-acquisitions/" >Mergers and Acquisitions</a> </li> <li> <a href="/sheltered-harbor/" >Sheltered Harbor</a> </li> <li> <a href="https://stopbaselendgame.com" >Stop Basel Endgame</a> </li> </ul> </li> <li class="parent menu-item menu-item-type-custom menu-item-object-custom menu-item-21530 menu-item-has-children"> <a class="nav-main-link" href="/resources" >Resources</a> <button class="expander"> <span class="far fa-angle-down"></span> </button> <ul class="dropdown"> <li> <a href="https://bpi.com/document-type/comment-letters/" >Comment Letters</a> </li> <li> <a href="https://bpi.com/document-type/congressional-letters/" >Congressional Letters</a> </li> <li> <a href="https://bpi.com/document-type/one-pagers/" >One-pagers</a> </li> <li> <a href="https://bpi.com/document-type/reportswhite-papers/" >Reports and Research Notes</a> </li> <li> <a href="https://bpi.com/document-type/testimonies/" >Testimonies</a> </li> <li> <a href="https://bpi.com/search/" >All Recent Content</a> </li> </ul> </li> <li class="parent menu-item menu-item-type-post_type menu-item-object-page menu-item-10737 menu-item-has-children"> <a class="nav-main-link" href="https://bpi.com/media/" >Media</a> <button class="expander"> <span class="far fa-angle-down"></span> </button> <ul class="dropdown"> <li> <a href="https://bpi.com/media/media-contacts/" >Media Contacts</a> </li> <li> <a href="https://bpi.com/document-type/press/" >Press Releases</a> </li> <li> <a href="https://bpi.com/document-type/newsletter/" >Newsletters</a> </li> <li> <a href="https://bpi.com/category/research-exchange/" >Research Exchange</a> </li> <li> <a href="https://bpi.com/document-type/podcasts/" >Podcasts</a> </li> <li> <a href="https://bpi.com/document-type/news/" >Op-Eds & Highlights</a> </li> <li> <a href="https://bpi.com/media/bpi-multimedia-gallery/" >Multimedia Hub</a> </li> </ul> </li> <li class=" menu-item menu-item-type-custom menu-item-object-custom menu-item-10436"> <a class="nav-main-link" href="/blog" >Blog</a> </li> <li class=" menu-button menu-item menu-item-type-custom menu-item-object-custom menu-item-47723"> <a class="nav-main-link" href="https://bpi.com/sign-up/" >Subscribe</a> </li> </ul> <div class="social"> <a href="https://twitter.com/@BankPolicy"> <span class="fab fa-twitter"></span> </a> <a href="https://www.linkedin.com/company/95499"> <span class="fab fa-linkedin-in"></span> </a> <a href="https://www.youtube.com/channel/UCdKTUhAHfnwXQORaEbdK5UQ"> <span class="fab fa-youtube"></span> </a> <a href="https://medium.com/bank-policy-institute"> <span class="fab fa-medium-m"></span> </a> </div> </div> </nav> <script type="importmap" id="wp-importmap"> {"imports":{"@wordpress\/interactivity":"https:\/\/bpi.com\/wp-includes\/js\/dist\/script-modules\/interactivity\/index.min.js?ver=06b8f695ef48ab2d9277"}} </script> <script type="module" src="https://bpi.com/wp-includes/js/dist/script-modules/block-library/file/view.min.js?ver=fdc2f6842e015af83140" id="@wordpress/block-library/file/view-js-module"></script> <link rel="modulepreload" href="https://bpi.com/wp-includes/js/dist/script-modules/interactivity/index.min.js?ver=06b8f695ef48ab2d9277" id="@wordpress/interactivity-js-modulepreload"><link rel='stylesheet' id='gforms_reset_css-css' href='https://bpi.com/wp-content/plugins/gravityforms/legacy/css/formreset.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gforms_formsmain_css-css' href='https://bpi.com/wp-content/plugins/gravityforms/legacy/css/formsmain.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gforms_ready_class_css-css' href='https://bpi.com/wp-content/plugins/gravityforms/legacy/css/readyclass.min.css?ver=2.9.0' type='text/css' media='all' /> <link rel='stylesheet' id='gforms_browsers_css-css' href='https://bpi.com/wp-content/plugins/gravityforms/legacy/css/browsers.min.css?ver=2.9.0' type='text/css' media='all' /> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/simple-youtube-responsive/js/yt-responsive.min.js?ver=3.2.5" id="simple-youtube-responsive-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/themes/bpi/assets/js/jquery.visible.min.js" id="jquery-visible-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/themes/bpi/assets/js/scripts.js" id="base-scripts-js"></script> <script type="text/javascript" src="https://cdn.jsdelivr.net/npm/bootstrap@4.6.2/dist/js/bootstrap.min.js?ver=4.5.2" id="bootstrap-js-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/easy-fancybox/vendor/purify.min.js?ver=6.7.1" id="fancybox-purify-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/easy-fancybox/fancybox/1.5.4/jquery.fancybox.min.js?ver=6.7.1" id="jquery-fancybox-js"></script> <script type="text/javascript" id="jquery-fancybox-js-after"> /* <![CDATA[ */ var fb_timeout, fb_opts={'autoScale':true,'showCloseButton':true,'width':560,'height':340,'margin':20,'pixelRatio':'false','padding':10,'centerOnScroll':false,'enableEscapeButton':true,'speedIn':300,'speedOut':300,'overlayShow':true,'hideOnOverlayClick':true,'overlayColor':'#000','overlayOpacity':0.6,'minViewportWidth':320,'minVpHeight':320,'disableCoreLightbox':'true','enableBlockControls':'true','fancybox_openBlockControls':'true' }; if(typeof easy_fancybox_handler==='undefined'){ var easy_fancybox_handler=function(){ jQuery([".nolightbox","a.wp-block-file__button","a.pin-it-button","a[href*='pinterest.com\/pin\/create']","a[href*='facebook.com\/share']","a[href*='twitter.com\/share']"].join(',')).addClass('nofancybox'); jQuery('a.fancybox-close').on('click',function(e){e.preventDefault();jQuery.fancybox.close()}); /* iFrame */ jQuery('a.fancybox-iframe,area.fancybox-iframe,.fancybox-iframe>a').each(function(){jQuery(this).fancybox(jQuery.extend(true,{},fb_opts,{'type':'iframe','width':'70%','height':'90%','padding':0,'titleShow':false,'titlePosition':'float','titleFromAlt':true,'allowfullscreen':false}))}); };}; jQuery(easy_fancybox_handler);jQuery(document).on('post-load',easy_fancybox_handler); /* ]]> */ </script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/easy-fancybox/vendor/jquery.mousewheel.min.js?ver=3.1.13" id="jquery-mousewheel-js"></script> <script type="text/javascript" src="https://bpi.com/wp-content/plugins/youtube-embed-plus/scripts/fitvids.min.js?ver=14.2.1.2" id="__ytprefsfitvids__-js"></script> <script type="text/javascript" src="https://bpi.com/wp-includes/js/dist/dom-ready.min.js?ver=f77871ff7694fffea381" id="wp-dom-ready-js"></script> <script type="text/javascript" src="https://bpi.com/wp-includes/js/dist/hooks.min.js?ver=4d63a3d491d11ffd8ac6" id="wp-hooks-js"></script> <script type="text/javascript" src="https://bpi.com/wp-includes/js/dist/i18n.min.js?ver=5e580eb46a90c2b997e6" id="wp-i18n-js"></script> <script type="text/javascript" id="wp-i18n-js-after"> /* <![CDATA[ */ wp.i18n.setLocaleData( { 'text direction\u0004ltr': [ 'ltr' ] } ); /* ]]> */ </script> <script type="text/javascript" src="https://bpi.com/wp-includes/js/dist/a11y.min.js?ver=3156534cc54473497e14" id="wp-a11y-js"></script> <script type="text/javascript" defer='defer' src="https://bpi.com/wp-content/plugins/gravityforms/js/jquery.json.min.js?ver=2.9.0" id="gform_json-js"></script> <script type="text/javascript" id="gform_gravityforms-js-extra"> /* <![CDATA[ */ var gform_i18n = {"datepicker":{"days":{"monday":"Mo","tuesday":"Tu","wednesday":"We","thursday":"Th","friday":"Fr","saturday":"Sa","sunday":"Su"},"months":{"january":"January","february":"February","march":"March","april":"April","may":"May","june":"June","july":"July","august":"August","september":"September","october":"October","november":"November","december":"December"},"firstDay":1,"iconText":"Select date"}}; var gf_legacy_multi = []; var gform_gravityforms = {"strings":{"invalid_file_extension":"This type of file is not allowed. Must be one of the following:","delete_file":"Delete this file","in_progress":"in progress","file_exceeds_limit":"File exceeds size limit","illegal_extension":"This type of file is not allowed.","max_reached":"Maximum number of files reached","unknown_error":"There was a problem while saving the file on the server","currently_uploading":"Please wait for the uploading to complete","cancel":"Cancel","cancel_upload":"Cancel this upload","cancelled":"Cancelled"},"vars":{"images_url":"https:\/\/bpi.com\/wp-content\/plugins\/gravityforms\/images"}}; var gf_global = {"gf_currency_config":{"name":"U.S. Dollar","symbol_left":"$","symbol_right":"","symbol_padding":"","thousand_separator":",","decimal_separator":".","decimals":2,"code":"USD"},"base_url":"https:\/\/bpi.com\/wp-content\/plugins\/gravityforms","number_formats":[],"spinnerUrl":"https:\/\/bpi.com\/wp-content\/plugins\/gravityforms\/images\/spinner.svg","version_hash":"f372867383f0f95f5345936574cb528b","strings":{"newRowAdded":"New row added.","rowRemoved":"Row removed","formSaved":"The form has been saved. The content contains the link to return and complete the form."}}; /* ]]> */ </script> <script type="text/javascript" defer='defer' src="https://bpi.com/wp-content/plugins/gravityforms/js/gravityforms.min.js?ver=2.9.0" id="gform_gravityforms-js"></script> <script type="text/javascript" defer='defer' src="https://bpi.com/wp-content/plugins/gravityforms/js/placeholders.jquery.min.js?ver=2.9.0" id="gform_placeholder-js"></script> <script type="text/javascript" defer='defer' src="https://bpi.com/wp-content/plugins/gravityforms/assets/js/dist/utils.min.js?ver=f802885f3482236736b18b55abcdc360" id="gform_gravityforms_utils-js"></script> <script type="text/javascript" defer='defer' src="https://bpi.com/wp-content/plugins/gravityforms/assets/js/dist/vendor-theme.min.js?ver=ddd2702ee024d421149a5e61416f1ff5" id="gform_gravityforms_theme_vendors-js"></script> <script type="text/javascript" id="gform_gravityforms_theme-js-extra"> /* <![CDATA[ */ var gform_theme_config = {"common":{"form":{"honeypot":{"version_hash":"f372867383f0f95f5345936574cb528b"},"ajax":{"ajaxurl":"https:\/\/bpi.com\/wp-admin\/admin-ajax.php","ajax_submission_nonce":"134025c504","i18n":{"step_announcement":"Step %1$s of %2$s, %3$s","unknown_error":"There was an unknown error processing your request. Please try again."}}}},"hmr_dev":"","public_path":"https:\/\/bpi.com\/wp-content\/plugins\/gravityforms\/assets\/js\/dist\/","config_nonce":"ec65f370b3"}; /* ]]> */ </script> <script type="text/javascript" defer='defer' src="https://bpi.com/wp-content/plugins/gravityforms/assets/js/dist/scripts-theme.min.js?ver=c055226f9b8c432c9206edab9070263c" id="gform_gravityforms_theme-js"></script> <script type="text/javascript"> /* <![CDATA[ */ gform.initializeOnLoaded( function() { jQuery(document).on('gform_post_render', function(event, formId, currentPage){if(formId == 1) {if(typeof Placeholders != 'undefined'){ Placeholders.enable(); }} } );jQuery(document).on('gform_post_conditional_logic', function(event, formId, fields, isInit){} ) } ); /* ]]> */ </script> <script type="text/javascript"> /* <![CDATA[ */ gform.initializeOnLoaded( function() {jQuery(document).trigger("gform_pre_post_render", [{ formId: "1", currentPage: "1", abort: function() { this.preventDefault(); } }]); if (event && event.defaultPrevented) { return; } const gformWrapperDiv = document.getElementById( "gform_wrapper_1" ); if ( gformWrapperDiv ) { const visibilitySpan = document.createElement( "span" ); visibilitySpan.id = "gform_visibility_test_1"; gformWrapperDiv.insertAdjacentElement( "afterend", visibilitySpan ); } const visibilityTestDiv = document.getElementById( "gform_visibility_test_1" ); let postRenderFired = false; function triggerPostRender() { if ( postRenderFired ) { return; } postRenderFired = true; jQuery( document ).trigger( 'gform_post_render', [1, 1] ); gform.utils.trigger( { event: 'gform/postRender', native: false, data: { formId: 1, currentPage: 1 } } ); gform.utils.trigger( { event: 'gform/post_render', native: false, data: { formId: 1, currentPage: 1 } } ); if ( visibilityTestDiv ) { visibilityTestDiv.parentNode.removeChild( visibilityTestDiv ); } } function debounce( func, wait, immediate ) { var timeout; return function() { var context = this, args = arguments; var later = function() { timeout = null; if ( !immediate ) func.apply( context, args ); }; var callNow = immediate && !timeout; clearTimeout( timeout ); timeout = setTimeout( later, wait ); if ( callNow ) func.apply( context, args ); }; } const debouncedTriggerPostRender = debounce( function() { triggerPostRender(); }, 200 ); if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) { const observer = new MutationObserver( ( mutations ) => { mutations.forEach( ( mutation ) => { if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) { debouncedTriggerPostRender(); observer.disconnect(); } }); }); observer.observe( document.body, { attributes: true, childList: false, subtree: true, attributeFilter: [ 'style', 'class' ], }); } else { triggerPostRender(); } } ); /* ]]> */ </script>  <script>new Vue({el: '#search-bar'});</script> <script>new Vue({el: '#search-cta '});</script> </body> </html>

CINXE.COM

Joint Trades Request Comment Deadline Extension on Long-Term Debt Proposal - Bank Policy Institute