Federal Reserve Board extends comment period on proposed rule to implement enhanced prudential standards and early remediation requirements

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Federal Reserve Board extends comment period on proposed rule to implement enhanced prudential standards and early remediation requirements

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The following press release was published by the Board of Governors of the Federal Reserve System on March 2, 2012. It is reproduced in full below.

The Federal Reserve Board on Friday extended the comment period until April 30, 2012, on a proposed rule to implement the enhanced prudential standards and early remediation requirements in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The proposal includes a wide range of measures addressing issues such as capital, liquidity, single counterparty credit limits, stress testing, risk management, and early remediation requirements. The Board extended the comment period to allow interested persons more time to analyze the issues and prepare their comments. Originally, comments were due by March 31, 2012.

Federal Register notice: HTML | PDF For media inquiries, call 202-452-2955.

Source: Board of Governors of the Federal Reserve System

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