Three Federal Bank Agencies Seek Comment on Dodd-Frank Act Stress Test Guidance for Medium-Sized Firms

The FDIC, OCC, and Federal Reserve Board (“FRB”) are seeking comment on proposed supervisory guidance describing supervisory expectations for stress tests conducted by financial companies with total consolidated assets between $10 billion and $50 billion. These medium-sized companies are required to conduct stress tests beginning in the fall under agency-issued rules implementing a provision of the Dodd-Frank Act. The public comment period will be open until September 25, 2013.

See: Proposed Supervisory Guidance.
See also: FDIC Press Release; OCC Press Release; FRB Press Release.