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On September 3, 2014, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the Agencies), issued a final rule that revises the denominator of the supplementary leverage ratio (total leverage exposure) that the Agencies adopted in July 2013 as part of comprehensive revisions to the Agencies regulatory capital rules (2013 revised capital rule). Specifically, the final rule revises total leverage exposure as defined in the 2013 revised capital rule, to include, the effective notional principal amount of credit derivatives and other similar instruments through which a banking organization provides credit protection (sold credit protection); modifies the calculation of total leverage exposure for derivative and repo-style transactions; and revises the credit conversion factors applied to certain off-balance sheet exposures. The final rule also changes the frequency with which certain components of the supplementary leverage ratio are calculated and establishes the public disclosure requirements of certain items associated with the supplementary leverage ratio.