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Federal Reserve Proposes Rulemaking to Simplify the Volcker Rule

The Federal Reserve Board (FRB) has taken the first step toward providing banks meaningful relief from the Volcker Rule by soliciting public comment on a proposed rule that would simplify and streamline compliance....more

CLO Managers No Longer Need to Abide by Dodd-Frank Risk Retention Requirements

In a case of first impression, the D.C. Circuit Court struck down the Dodd-Frank-mandated risk retention requirements for managers of open market collateralized loan obligations (CLOs). ...more

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