WASHINGTON — Jeremiah Norton, a board member of the Federal Deposit Insurance Corp., said Wednesday that regulators should consider proposing a stronger leverage ratio for banks to help protect the financial system.

In a speech to the Florida Bankers Association, Norton said regulators should require banks to meet a minimum ratio of tangible common equity to non-risk-weighted assets, warning that the current Basel III proposal relies excessively on risk-weightings that do not adequately capture risk.

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