Coinworld reported that the Federal Reserve announced on Friday that it has finalized the new capital levels for the largest banks in the United States after the June stress tests, but added that Morgan Stanley (MS.N) is seeking a reassessment of its upcoming capital levels. The new capital requirements will take effect on October 1, and if the Federal Reserve adopts a proposal currently under review to average the results of two years of stress tests, the requirements will be updated. According to the annual financial stress tests of large banks, the Federal Reserve will evaluate the performance of banks under hypothetical economic downturn scenarios and set their capital buffer levels accordingly. Morgan Stanley is requesting a reconsideration of its results, and the Federal Reserve will announce its decision by the end of September.