Fed considers delaying stress tests for large banks

fed-seal

The Federal Reserve Board on August 27 revealed a delay to the implementation timeline for the annual company-run stress tests required by the Dodd-Frank Wall Street Reform and Consumer Protection Act is under discussion.

"The changes under consideration would delay implementation until September 2013 for bank-holding companies, state member banks, and savings and loan-holding companies with between $10 billion and $50 billion in total consolidated assets," the Fed said.

It was in December 2011

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