Midsize banks will most likely not have to go through stress tests mandated by Dodd-Frank until September 2013, according to the Wall Street Journal's Deal Journal.
The stress tests were set to start upon completion of the final rule, and "and it isn’t clear when the final rule will be finished," said the WSJ.
The regulators want to make sure there is "sufficient time to develop high-quality stress testing programs," the Federal Reserve said.
So the 65 institutions with more than $10 billion but $50 billion in assets can probably relax a bit on that one.
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