Regulators issue notice of proposed Volcker Rule exemption for small banks

THE FEDERAL RESERVE, shown above, has issued a report that anticipates increased commercial lending by credit unions based on the relaxing of rules two years ago. Is that a good thing? / BLOOMBERG FILE PHOTO/ANDREW HARRER
THE FEDERAL RESERVE, shown above, has issued a report that anticipates increased commercial lending by credit unions based on the relaxing of rules two years ago. Is that a good thing? / BLOOMBERG FILE PHOTO/ANDREW HARRER
PROVIDENCE – Federal banking agencies have issued a notice of proposed rule-making to exempt banks with less than $10 billion in assets from the so-called Volcker Rule. The law bars banks from using their own accounts for certain speculative investment activities and limits their dealings with hedge funds and private equity funds. The Securities and…

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