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The U.S. Treasury Department plans to formally seek public feedback on a new regulatory-relief program within the next six months, a senior official said. Treasury's Financial Crimes Enforcement Network voiced support last year for a congressional proposal to authorize financial institutions to seek "no-action letters" that would shield them from enforcement for incidental violations they may rack up when applying a novel anti-money laundering compliance solution with the bureau's knowledge and consent. But the bureau warned at the time that moving forward with the plan without proper funding and staff would undermine other, higher-priority efforts, leading many compliance professionals to...