KM Financial Solutions | Banks temper expectations for first ‘Volcker Rule’ rewrite
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Banks temper expectations for first ‘Volcker Rule’ rewrite

Banks temper expectations for first ‘Volcker Rule’ rewrite

WASHINGTON, May 30 (Reuters) – U.S. regulators are set to
rewrite rules reining in banks’ risky trading behavior, making
changes that will cut compliance costs but stopping far short of
allowing firms to return to their gambling days seen before the
2007-2009 global financial crisis.

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