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Capital and Margin Requirements for Covered Swap Entities

Please accept the attached comment letter relating to the Margin and Capital Requirements for Covered Swap Entities.

Thank you,

Steve Baca
Senior Vice President and Chief Risk Officer
415.399.1900 phone

415.399.1920 fax



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Banc Investment Group Notice: All securities are offered through Banc Investment Group ("BIG"), which is a member of FINRA and SIPC, and sister company to Pacific Coast Bankers' Bank. Mutual funds are not FDIC insured, not bank guaranteed, and may lose value. Past performance is no guarantee of future results. Offers or solicitations to sell, or bids to purchase securities are made only by BIG, and the actions must be made in conjunction with the final Prospectus and Supplement or, if not registered under the applicable securities laws, the final Offering Memorandum (the "Offering Document").
PCBBmargin comment.pdf - PCBBmargin comment.pdf