[Federal Reserve Finalizes New Capital Requirements for Major Banks, Morgan Stanley Requests Review] The Federal Reserve announced that it has finalized new capital requirements for major U.S. banks, set to take effect on October 1. Morgan Stanley has requested a reassessment of its capital levels, and the Federal Reserve will decide by the end of September whether to make adjustments. Additionally, the Federal Reserve is reviewing a proposal that may average the results of future stress tests over two years.