The Federal Reserve extended the comment period on a proposed rule to implement “enhanced prudential standards and early remediation requirements” under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The Fed extended the comment period to April 30 from March 31, according to a Fed statement today in Washington.
The proposed rule, published in January, focuses on capital, liquidity, single counterparty credit limits, stress testing, risk management and early remediation requirements.
The Fed said it extended the comment period to “allow interested persons more time to analyze the issues and prepare their comments.”
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