Five agencies finalise changes to simplify the Volcker Rule

On the 10.09.19 at 8:12AM


Erick Jarjat

Under the revised rule, firms with no significant trading activities will have simplified and streamlined compliance requirements, while companies with significant trading activity will have more stringent compliance requirements. 

Five federal financial regulatory agencies on 8 October announced that they finalised revisions to simplify compliance requirements relating to the “Volcker rule.”  By statute, the Volcker rule generally prohibits banking entities from engaging in

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