Bonnie J. Roe of Cohen & Gresser writes: In general, the Volcker Rule takes a principles-based approach in identifying prohibited activities. While this approach may provide needed flexibility to ...
You’ve probably heard the term “Volcker Rule” thrown around a lot, especially as five separate financial regulators vote on whether to approve the final rule Tuesday. Here’s everything you need to ...
The example of foreign exchange dealers at banks in the City of London allegedly using knowledge of client flows to make illicit trades via their personal accounts might offer a solution to some of ...
Federal regulators voted Tuesday to approve a rule that strikes at the heart of Wall Street risk-taking, a moment that punctuates three years of internal squabbling and bank lobbying over an effort to ...
WASHINGTON (AP) — The Federal Reserve is giving U.S. banks two more years to ensure their holdings of certain complex and risky securities don’t put them afoul of the new Volcker Rule. The Fed’s move ...
(Bloomberg) --Wall Street’s long campaign to chip away at the toughest trading restriction imposed on banks after financial crisis is finally paying off under President Donald Trump. The Federal ...
The Federal Reserve and other bank regulators announced Friday they will give the public an extra month to comment on a proposed regulation aimed at limiting the kind of risky trading that made the ...
WASHINGTON (Reuters) - White House economic adviser Paul Volcker told Reuters on Wednesday he was encouraged by support in the Senate for the 'Volcker rule' proposed in January to limit proprietary ...
In response to the potential collapse of large financial institutions in 2007, the U.S. government committed trillions of dollars to loans, asset purchases, guarantees, direct spending to provide ...
That's the question regulators from the Federal Reserve to the Office of the Comptroller of the Currency are confronting after JPMorgan Chase & Co. reported a $2 billion trading loss from a ...