UPDATE 1-Fed, U.S. regulators unveil first ‘Volcker Rule’ rewrite
29 May UPDATE 1-Fed, U.S. regulators unveil first ‘Volcker Rule’ rewrite
Posted at 18:42h
in
News
by KMFSLLP
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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