12 Aug U.S. regulators to drop accounting test in ‘Volcker’ rewrite – sources
U.S. regulators have
circulated a new draft of the “Volcker Rule” that would further
ease its requirements and scrap a proposed new test that had
been met with fierce resistance from Wall Street, according to
two people with knowledge of the matter.
circulated a new draft of the “Volcker Rule” that would further
ease its requirements and scrap a proposed new test that had
been met with fierce resistance from Wall Street, according to
two people with knowledge of the matter.
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