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The proposed leverage ratio in Basel III is too low, Hoenig said in a speech on Tuesday.

Hoenig Rejects Claims of Leverage Ratio Critics

by Joe Adler
APR 9, 2013 2:07pm ET
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Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig continued his drumbeat for a more straightforward capital measure in Basel III, and disputed arguments that a stronger leverage ratio will have unintended consequences.

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