Midsize Firms Get Lighter Stress-Test Rules Than Big Banks

Law360, New York (March 6, 2014, 5:33 PM EST) -- Bank regulatory agencies announced Wednesday that they had issued final guidance on stress tests for midsize financial institutions, companies with between $10 billion and $50 billion in assets, and said such institutions would face fewer requirements than their larger counterparts.

The final guidelines, years in the making, are a product of the Dodd-Frank Act, which ordered the agencies to come up with rules governing supervision of the tests designed to determine how well banks would hold up in the wake of a future financial crisis....
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