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Agencies Make Technical Corrections to Volcker Rule Changes

Tuesday, August 6, 2019   (0 Comments)
Posted by: Amanda Averch
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The five federal financial regulatory agencies today issued technical corrections to their recent final rule granting an exclusion from the Volcker Rule for certain community banks, pursuant to the S. 2155 regulatory reform law. Community banks and their controlling entities may qualify for the exemption if they have $10 billion or less in total consolidated assets and total trading assets and liabilities equal to 5% or less of total consolidated assets. View the changes.

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