Fotolia
A 1996 law, known as the Economic Growth and Regulatory Paperwork Reduction Act, requires the regulators every 10 years to identify policies that are unnecessary, out of date, or too burdensome for banks to follow.

Regulators Ask Banks to Identify Burdensome Rules

The federal banking agencies on Wednesday began an extensive effort required by a law passed before the financial crisis to gather feedback about which rules should be placed under the microscope for potential regulatory relief.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.