Week InReview: May 18, 2018

Flipping Volcker:

In a much anticipated overhaul of Volcker, the Federal Reserve and other regulators are planning to drop an assumption written into the original rule that positions held by banks for less than 60 days are speculative - and therefore banned.... Instead, banks would have leeway to conclude that their trades comply with the rule, putting the onus on regulators to challenge such judgments....

Volcker rule rewrite is said to drop trading burden on banks

Read entire Week InReview: May 18, 2018