A long-awaited package of critical regulations from the Federal Reserve Board — viewed by many as the core of the Dodd-Frank Act — are expected to be released Tuesday, according to a person familiar with the matter.

There's been wide speculation in Washington that the Fed is imminently close to completing the batch of rules, which were once believed to be upwards of 2,000 pages but are now expected to be significantly less, around 400.

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