trending Market Intelligence /marketintelligence/en/news-insights/trending/1owksjqhm7gqns_fkhuhza2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Regulators extend comment period for Volcker rule changes

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

Regulators extend comment period for Volcker rule changes

The Federal Reserve and four other regulators are extending the comment period for public feedback on their proposed overhaul of the Volcker rule.

The new deadline for comments will be Oct. 17, a month later than the initial date, the regulators said.

The Volcker rule, part of the Dodd-Frank banking regulation law, prohibits proprietary trading at U.S. banks and restricts their investments in hedge funds and private equity firms.

The Fed, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Securities and Exchange Commission and the Commodity Futures Trading Commission released a joint proposal May 30 that would overhaul how the agencies enforce the rule.