Tagged: Volker Rule

Financial reform update

Major components of financial-reform legislation are  taking shape, with the Obama administration relaxing its insistance on a stand-alone consumer protection agency and the “Volker Rule” allowing regulators to bar banks from risky investments losing support.  Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, said cutting the “Volker Rule” is a loss. […]