Internet reports that the Federal Reserve announced on Thursday that it would publicly solicit opinions on proposals to revise the regulatory rating framework for large banks. Since its implementation in 2018, the current regulatory framework has divided bank ratings into four levels: comprehensive compliance, conditional compliance, defect-1, or defect-2. According to the new proposal, banks can be considered "well managed" as long as they receive at most one "defect-1" rating in various assessments. Institutions that do not meet this standard will be considered mismanaged and some of their business activities will be restricted. It is worth noting that any bank that receives a "defect-2" rating on a single assessment will still be judged to be mismanaged-a criterion consistent with the current system.