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Derivatives and other complex banking deals could become subject to loan-limit regulations - Capital Journal: News

Derivatives and other complex banking deals could become subject to loan-limit regulations

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Posted: Thursday, January 17, 2013 12:15 am

PIERRE – A legislative committee gave its endorsement Wednesday to expanding the method for calculating a state-chartered bank’s loan or credit limit in South Dakota.

The goal is to cover the more-exotic transactions conducted by many banks throughout the world in the past decade. The federal government wants states to adopt the change.

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