Fed joins FDIC, OCC in finalizing Dodd-Frank stress-test rules

The Federal Reserve published two final rules with stress testing requirements for certain bank holding companies, state member banks and savings and loan holding companies. The final rules implement Dodd-Frank requirements related to supervisory and company-run stress tests. Nonbank financial companies designated by the Financial Stability Oversight Council will also be subject to certain stress testing requirements contained in the rules. Read on for the details.