Financial Regulatory Reform

Fed Sets 'Stress Test' Deadline for Biggest Banks

The Federal Reserve has set a Jan. 7 deadline for the largest banks to prove they have the capital to withstand another financial crisis. Bank of America, JPMorgan Chase, Citibank and 16 others will have to file so-called "stress test" documentation by then.

Financial Reform Law Lets SEC Keep More Secrets

The new financial reform law may have made it easier for the SEC to keep secrets. Under the regulations, the SEC is exempt from having to disclose records or information derived from "surveillance, risk assessments, or other regulatory and oversight activities," FoxBusiness.com reports.