Banks could get a break on the Volcker trading restrictions as regulators lean toward a third try after proposed Volcker 2.0 raised the industry’s ire
Faced with industry ire over a proposal released last year, Trump-appointed financial regulators are leaning toward redoing it, according to people familiar with the matter. The Volcker rule limits banks’ ability to make trading bets with their own money, a practice known as proprietary trading.
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