Regulators To Review Volcker On TruPS CDO

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Regulators To Review Volcker On TruPS CDO

Federal regulators say they are reviewing whether the Volcker rule’s exemption of certain collateralized debt obligations backed by trust-preferred securities is “appropriate and consistent” with the law.

Federal regulators say they are reviewing whether the Volcker rule’s exemption of certain collateralized debt obligations backed by trust-preferred securities is “appropriate and consistent” with the law.

Click here to read the story from Bloomberg.

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