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 ...
According to Federal Reserve Board Chairman Ben Bernanke, regulators are close to completing the Volcker Rule that will ban proprietary trading at U.S. firms. "We've made quite a bit of progress," ...
WASHINGTON — Banking regulators are proposing to update a portion of the Volcker Rule and allow banks to take stakes in certain investment funds, which was originally prohibited under the 2013 rule ...
The Volcker Rule was established following the Great Recession of the late 2000s and early 2010s. Essentially, the law stops depository banks from making risky and speculative investments with ...
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 ...
Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Former Fed Chair Paul Volcker Personalized Content Follow this author to ...
Since the adoption of the Volcker Rule regulations, we havepointed outways in which they-contrary to specific Congressional intent-unnecessarily restrict banking and capital markets activities to the ...
Reading the lengthy background paper that accompanied Tuesday’s release of the Volcker Rule, it is striking the extent to which the five federal regulatory agencies involved sought to implement the ...
Recently published amendments to the Volcker Rule—effective October 1, 2020—could have significant market impact for affected stakeholders, and will liberalize certain key aspects of the Volcker ...
Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Former US Federal Reserve Bank Chairman Paul Volker listens to opening ...
Bank stocks surged as much as 3% on Thursday after federal regulators rolled back the Volcker Rule, a financial crisis-era rule that restricted banks from operating proprietary trading units and from ...
In Kathleen A. Scott's International Banking Law column, she discusses some of the final rule's provisions that might be of most interest to non-U.S. banking organizations. Last year, the financial ...