Volcker rule faces dilution as lawmakers haggle: reports


The Volcker rule, which calls for outright bans on proprietary trading and banks's investment in hedge funds, is reportedly being watered down, as lawmakers in the US Congress's two houses race against the clock to arrive at a compromise.

Reuters, a newswire, on Wednesday said it had seen a Senate proposal that will allow banks to invest up to 2% of their total tier one core capital in hedge funds and private equity funds. Lawmakers are reportedly calling also for a 3% tier one cap on investment

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: