Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

House’s Frank Asks for a ‘Simplified’ Version of Volcker Rule

Don't Miss Out —
Follow us on:

March 22 (Bloomberg) -- U.S. Representative Barney Frank urged regulators to complete work on a simplified version of the Volcker rule ban of proprietary trading before Sept. 3 and to issue guidance clarifying what compliance will be required if the agencies don’t complete the measure by July 21.

Frank, the Massachusetts Democrat who co-wrote the regulatory overhaul that created the Volcker rule, made the comments in a statement today. He called for the simpler rule to be finished by the U.S. Labor Day holiday, which is Sept. 3 this year.

Link to Company News:{3688Z US <Equity> CN <GO>}

To contact the reporter on this story: Phil Mattingly in Washington at pmattingly@bloomberg.net

To contact the editor responsible for this story: Gregory Mott at gmott1@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.