Banks will soon be freed from requirements to file reports on currency transactions with companies listed on the New York Stock Exchange, Treasury Department officials said.

Pamela J. Johnson, assistant director for compliance at Treasury's Financial Crimes Enforcement Network, said she expects the agency to issue a proposed rule within six weeks covering a number of other exemptions from federal cash reporting rules.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.