Further Weakening of Volcker Rule Proposed by Regulators

U.S. banking regulators have made new proposals that would allow for banks to take stakes in venture capital and loan funds which would further weaken the post crisis Volcker rule regulations; so long as banks were already allowed to own the assets already they would be permitted to make investments in funds that own bonds and loans; venture capital investments would no longer be covered by the rule; Securities and Exchange Commission chairman Jay Clayton said to the FT that enacting the amendments could “facilitate capital formation, improve competition and market efficiency along a number of dimensions, and do so without increasing risks to investors.”; consumer advocate groups were against the move saying that this will allow banks to go back to the risky behavior that help enable the financial crisis. Financial Times

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.