Regulators’ proposal to weaken the Volcker Rule would expand loopholes, narrow definitions, give banks leeway to govern themselves, and introduce more risk into the banking sector. The financial ...
Reporting from Washington — The Federal Reserve Board on Wednesday took the first step toward loosening the Volcker Rule restrictions on investment trades by large banks as Republicans press forward ...
Within minutes of the Federal Reserve Board releasing its long-awaited proposal to revise the Volcker Rule on Wednesday, the blowback from critics had already started. “Let’s call it like it is: This ...
WASHINGTON — Critics of the Volcker Rule may be heartened by recent indications that policymakers are prepared to finalize a more bank-friendly version the proprietary trading ban soon, but that ...
The Federal Reserve on Wednesday announced a series of changes to Obama-era banking regulations intended to prevent banks from taking unnecessary risks with their clients' money. The move will free ...
WASHINGTON - Federal regulators can and should use the opportunity of simplifying the Volcker Rule to restore the legality of the traditional tender option bond structure, broker-dealers said this ...
Earlier this month on CBS’s "60 Minutes," Federal Reserve Chairman Jerome Powell sat down for an interview with longtime correspondent Scott Pelley. While the interview was light on actionable ...
In an unfortunate decision, three of the four voting members of the board of the Federal Deposit Insurance Corporation (FDIC) voted to significantly gut the Volcker Rule, a risk reduction cornerstone ...
After three years of regulatory wrangling, the Volcker Rule is finally out. The rule sharply curtails the types of trading activities that banks whose deposits are insured by the government can engage ...
Consumer advocates are very concerned that last week’s release of an Office of Financial Research (OFR) preliminary working paper, ‘The Effects of the Volcker Rule on Corporate Bond Trading: Evidence ...