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 ...
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," ...
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 ...
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 ...
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 ...
On January 30, the five federal financial agencies (Agencies) responsible for the administration of the Volcker Rule—the federal prohibitions on proprietary trading and private fund (covered funds) ...
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 easing of regulations will free up more capital and allow banks to invest in venture capital and other funds. Federal banking regulators are relaxing provisions within the Volcker Rule, a key part ...
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 ...
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 ...
The Volcker Rule, which will limit the way in which banks can conduct risky trading operations using federally insured funds, is due to be adopted today. Is this a step in the right direction on ...
FILE - In this Feb. 4, 2009, file photo Paul Volcker, chairman of the President's Economic Recovery Advisory Board, testifies on Capitol Hill in Washington. Volcker, the former Federal Reserve ...