Financial Services Financial Services

US banks to see easing of Volcker Rule's hedge fund curbs in upcoming proposal

By Neil Roland
  • 22 Jan 2020 12:41
  • 22 Jan 2020 12:51
US banks would get a loosening of Volcker Rule restrictions on their investments in hedge funds and private equity funds under a federal proposal due to be issued by the end of March, US Comptroller of the Currency Joseph Otting said today.

"On a lot of things, we went way

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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