We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Volcker Rule Changes Pass In House

Law360, Washington (April 13, 2018, 2:22 PM EDT) -- The U.S. House of Representatives on Friday approved changes to the Volcker Rule, including consolidating rulemaking under the Federal Reserve and exempting banks with less than $10 billion in assets from compliance, adding to a list of potential changes in an anticipated package altering the Dodd-Frank Act.

The House passed the Volcker Rule Regulatory Harmonization Act of 2018, sponsored by Rep. French Hill, R-Ark., on a 300-104 bipartisan vote. The legislation would roll back part of the rule named after former Federal Reserve Chairman Paul Volcker...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.