FRB Proposes Rule Change on Capital Planning and Stress Test Rules

The Board of Governors of the Federal Reserve System ("FRB") proposed a modification of its capital planning and stress testing regulations for large bank holding companies and certain other banks that have more than $10 billion in consolidated assets. If adopted, the changes would begin with the 2016 capital plan and stress testing cycles.

Comments on the proposed rulemaking must be submitted by September 24, 2015.