The Fed and the OCC announced on May 18 that they have extended until June 25, 2018, the comment period for their proposed rule that would tailor leverage ratio requirements to the business activities and risk profiles of the largest domestic firms. The proposal, announced in April, would tie the standard to a firm's risk-based capital surcharge, rather than the current fixed leverage standard, to better tailor it to individual firms and their systemic footprint. The agencies extended the comment period to allow interested persons more time to prepare their comments, which were originally due on May 21.