Tag Archives: securities activities

Agencies No Longer Enforcing Volcker Rule for Banks Exempt Under S. 2155

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.

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ABA Offers Three Regulatory Fixes for Volcker Rule

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.

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ABA Seeks Additional Tweak to MSRB Rule Exception

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.

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Demystifying SBICs for Community Banks

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 ...

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