Federal Reserve Alert! Upcoming 6-Month Regulatory Plans Focus on Strengthening Support from Big Bank Companies–Looks Like the Fed is Revisiting Stalled Dodd-Frank Required Rules from 2017 & 2017?
by Dismal-Jellyfish https://public-inspection.federalregister.gov/2023-14556.pdf Prerule Stage: SOURCE OF STRENGTH (SECTION 610 REVIEW): Purpose: The Federal Reserve, along with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC), is working on a proposed rule. What It’s About: This rule, as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act, wants bank …