WASHINGTON It is still a question mark how much regulatory easing will ultimately result from a legislatively mandated review of federal banking rules, but relief proposals from the industry keep rolling in.
The regulators have collected the first of four rounds of comment letters with ideas from bankers and other parties about which rules to cut or revise as part of the review required by the Economic Growth and Regulatory Paperwork Reduction Act. Some of the ideas for relief, including steps to clarify the de novo chartering process and eliminate certain application requirements, have already been acted upon.
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