The Federal Reserve has recently announced a set of proposed rules that aim to ease regulations on smaller banks. Below are some key details as reported by CNBC. Under the rules, the banks would be divided into four categories, with those having between $100 billion and $250 billion in assets seeing the greatest relief. The largest banks would face essentially the same regulations under the Dodd-Frank reforms, though the frequency of stress tests could be reduced. Fed Chairman Jerome Powell: The proposals before us would prescribe materially less stringent requirements on firms with less risk, while maintaining the most stringent requirements for firms that pose the greatest risks to the financial system and our economy. The proposals seek to maintain a middle ground for those firms that are clearly in the middle. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/JPY Technical Analysis: The cross risks another test of October’s low at 126.63 FX Street 4 years The Federal Reserve has recently announced a set of proposed rules that aim to ease regulations on smaller banks. Below are some key details as reported by CNBC. Under the rules, the banks would be divided into four categories, with those having between $100 billion and $250 billion in assets seeing the greatest relief. The largest banks would face essentially the same regulations under the Dodd-Frank reforms, though the frequency of stress tests could be reduced. Fed Chairman Jerome Powell: The proposals before us would prescribe materially less stringent requirements on firms with less risk, while maintaining the most stringent… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
