As the FDIC board and the OCC today formally proposed the interagency revisions to the Volcker Rule that were unveiled by the Federal Reserve yesterday, the banking agencies are no longer enforcing Volcker for banks and holding companies subject to the exemption under the recently enacted S. 2155 regulatory reform bill.

The Federal Reserve Board today unanimously voted to propose a long-awaited set of changes to the Volcker Rule that is expected to simplify the rule’s compliance burdens and better target the rule’s effects toward intended activities.

Fannie Mae and Freddie Mac today announced that the new common security they have been developing -- the uniform mortgage-backed security, or UMBS -- will be implemented on June 3, 2019.

In a speech to a group of international bankers today, Federal Reserve Vice Chairman for Supervision Randal Quarles provided some hints about what might be included in a long-awaited rewrite of the Volcker Rule that banking agencies are currently working on.

Big changes are coming to the residential mortgage-backed securities market in 2019. Will you be ready?

In a letter to Federal Reserve Governor Jerome Powell today, ABA President and CEO Rob Nichols welcomed Powell’s commitment to revise the Volcker Rule and offered three tweaks that the banking agencies can make to the rule without congressional action.

In comments filed with the Municipal Securities Rulemaking Board this week, ABA welcomed the MSRB’s acknowledgement of ABA concerns about its Rule G-34(a) amendment and reiterated the need for specific regulatory language.

By Stephen Newton With nearly $690 billion in outstanding loans for small businesses in 2016, banks have a proven track record of successfully providing credit for small business owners and entrepreneurs. For nearly 50 years, one way banks have done this is through small business investment companies, or SBICs, which are private organizations licensed by the Small Business Administration to ...

ABA today urged the OCC to work with other federal agencies in fixing the Volcker Rule, improving its efficacy and aligning it more closely with the objectives of the statute in the Dodd-Frank Act.

The federal banking agencies last week began taking steps to address certain challenges with implementing the Volcker Rule.