Senate Banking Committee Chairman Chris Dodd said Monday he would consider adopting an amendment from moderate Maine Republican Sen. Susan Collins to regulatory reform legislation that is intended to strengthen the bill's capital standards.

The Collins amendment would direct federal regulators to impose minimum leverage and risk-based capital requirements on banks, bank holding companies and nonbank financial companies. It would require that the regulators use a ratio of Tier 1 capital to risk-adjusted assets and ensure that the standards that apply to financial institutions of more than $250 billion of assets are equivalent to those that apply to smaller banks.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.