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Regulators Move to Refine Volcker Rule Requirements

August 21, 2019 by Eugene Grygo

Regulators Move to Refine Volcker Rule Requirements

Federal regulators overseeing financial markets are taking major steps to refine the Dodd-Frank Act’s Volcker Rule restricting proprietary trading so that it has a narrower focus. Since the recovery from the Great Recession, the rule, inspired by Paul Volcker, the former chairman of the U.S. Federal Reserve, has held back banks from proprietary trading and… Read More >>

Filed Under: Derivatives Operations, Collateral & Margin Management, Derivatives Processing, Securities Operations, Buy-Side, Clearing, Corporate Actions, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Reconciliation & Exceptions, Risk Management, Settlement, General Interest, Governance, Back-Office, Integration, Standards, Performance Measurement, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Derivatives, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: Dodd-Frank, Federal Deposit Insurance Corp, Gregg Gelzinis, hedge funds, Jelena McWilliams, Kenneth E. Bentsen, private equity funds, proprietary trading, securities industry, Volcker Rule, wall street

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