U.S. CFTC to Hold Roundtable on Volcker Rule

by The Compliance Exchange on May 25, 2012

The U.S. Commodity Futures Trading Commission said on Thursday it will host a roundtable next week to get more insight on how to craft key exemptions in the Volcker rule that would limit trading by government-insured banks. The Volcker rule is part of the 2010 Dodd-Frank law aimed at preventing another financial crisis like the one that prompted government bank bailouts in 2008. Banks have lobbied regulators to carve out broad exemptions to the rule.