Tag Archives: Volcker Rule

Monday, December 30, 2013

Regulators to review applicability of Volcker Rule to TruPS-backed debt obligations


Regulators said on Friday that they would review whether collateralized debt obligations backed by trust preferred securities should be subject to the controversial Volcker Rule under the Dodd-Frank Act. The Volcker Rule—finalized by regulators on Dec. 10—prohibits banking firms from … Read More…

Thursday, December 19, 2013

Banking groups urge regulators to address Volcker Rule’s unintended consequences on TruPS


In a Tuesday letter to banking regulators, the American Bankers Association and state banking organizations to address unintended consequences of the recently finalized Volcker Rule on trust preferred securities. TruPS are generally longer term securities with early redemption features, and … Read More…

Wednesday, December 11, 2013

Regulatory agencies release final Volcker Rule


U.S. financial regulators issued final rules on Tuesday implementing the contentious Volcker Rule, which prohibits financial institutions from trading for their own gain. “This provision of the Dodd-Frank Act has the important objective of limiting excessive risk taking by depository … Read More…

Tuesday, December 10, 2013

Regulators to vote on controversial Volcker Rule


Regulatory agencies will vote on Tuesday on a final draft of the contentious Volcker Rule, a ban on proprietary trading that seeks to curb risky activities on Wall Street, but attorneys and lobbyists are prepared to challenge the measure. Several … Read More…

Tuesday, October 29, 2013

BPC report: Well-crafted Volcker Rule could eliminate need for swaps push-out

Bipartisan Policy Center

A recent report from the Bipartisan Policy Center proposed several recommendations intended to help regulators implement the controversial Volcker Rule, saying a well-crafted rule could eliminate the need for the Lincoln Amendment. The Volcker Rule prohibits banks from engaging in … Read More…

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