OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Federal financial regulatory Agencies Finalize Changes to Simplify…
Washington D.C., Oct. 8, 2019 — Five federal financial regulatory agencies on Tuesday announced that they finalized revisions to simplify compliance requirements relating to the “Volcker rule.” By statute, the Volcker rule generally prohibits banking…
Agencies finalize changes to simplify Volcker rule
Five federal financial regulatory agencies on Tuesday announced that they finalized revisions to simplify compliance requirements relating to the "Volcker rule." By statute, the Volcker rule generally prohibits banking entities from engaging in proprietary trading…
Federal bank regulatory agencies announce coordination of reviews…
The Federal bank Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced that they will not take action related to restrictions under the Volcker Rule for…
Community Banks Exempt from Volcker Rule
The announcement came from each of the five regulatory bodies with oversight over the rule: The Securities and Exchange Commission (SEC), the Federal Deposit Insurance Corporation (FDIC), the Commodities Futures Trading Commission (CFTC), the Federal…
US Equities Account for Nearly 40% of Global…
SIFMA, the Securities Industry and Financial Markets Association, is a trade group of securities industry professionals. “SIFMA represents the broker-dealers, investment banks and asset managers who provide access to the capital markets",according to its website. SIFMA…
Agencies Invite Comment on a Proposal to Exclude…
Washington D.C., Dec. 21, 2018 — Five federal financial regulatory agencies on Friday invited public comment on a proposal that would exclude certain community banks from the Volcker Rule, consistent with the Economic Growth, Regulatory…
Fed Head of Oversight Visits Capitol Hill
A House hearing for a top Fed regulator turned into a figurative passing of the gavel from Republicans to Democrats. Randal Quarles is the Vice Chairman for Supervision and he was testifying in front of…
Fed Proposes Changes to the Volcker Rule
[caption id="attachment_308430" align="alignleft" width="148"] Governor Lael Brainard[/caption] The Federal Reserve has proposed augmenting the Volcker rule so that it focuses more on the biggest banks while streamlining the process for all banks affected. The Federal…