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Keith Noreika Quoted in Law360 on the Federal Reserve’s Stress Tests
09.27.16
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Partner Keith Noreika was quoted in an article in Law360, “Fed’s Stress Test Relief Unlikely To Stave Off Challenge.” The article examines Fed Gov. Daniel K. Tarullo’s speech at Yale University outlining plans to make annual stress tests more predictable for regional banks, while holding firm in the Fed’s refusal to give the biggest banks a peek at the testing process, even amid rumors of a potential legal challenge. Keith explained that the speech may have been the beginning of the Fed’s efforts to fend off such a lawsuit. “They’re laying the framework to try to defend a secretive process in court,” said Keith.
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