Wall Street regulators are delaying new cybersecurity standards for banks

From: The Hill

Obama’s final regulatory slate contains 17 new rules

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Banks: Wall Street regulators are delaying new cybersecurity standards for banks.

In October, the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and Comptroller of the Currency floated the idea of strengthening the cybersecurity requirements for America’s largest banks. But the financial regulators are now reopening the comment period to give the public more time to consider the changes.

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