ABA Drops Lawsuit Against Volcker Rule – ValueWalk Premium
Federal Reserve Jeffery Lacker

ABA Drops Lawsuit Against Volcker Rule

The American Bankers Association (ABA) said Wednesday it would drop a lawsuit challenging a provision of the Volcker Rule mandating community banks to divest their holdings in some CDOs.

ABA’s threat against Volcker Rule
In December, the American Bankers Association urged regulators to scrap new provisions under the Volcker Rule . . .


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