Banks temper expectations for first ‘Volcker Rule’ rewrite
29 May Banks temper expectations for first ‘Volcker Rule’ rewrite
Posted at 04:00h
in
News
by KMFSLLP
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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