KM Financial Solutions | UPDATE 1-Fed, U.S. regulators unveil first ‘Volcker Rule’ rewrite
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UPDATE 1-Fed, U.S. regulators unveil first ‘Volcker Rule’ rewrite

UPDATE 1-Fed, U.S. regulators unveil first ‘Volcker Rule’ rewrite

WASHINGTON, May 30 (Reuters) – U.S. regulators on Wednesday
unveiled a proposal to ease rules reining in banks’ risky
trading, outlining changes that will cut compliance costs but
stopping far short of allowing firms to return to their gambling
days seen before the 2007-2009 financial crisis.

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