As you might have heard, the Republicans have unveiled a plan to dramatically revamp or even repeal the Dodd-Frank Act. The Democrats on the House Financial Services Committee are fighting back by trying to sway public opinion away from repeal or reform. What do you think? Should Congress repeal Dodd-Frank? You can vote on Twitter…
As many of you know, Congress and President Obama repealed the Dodd-Frank Act’s security-based swap data repository indemnification requirement. More information about this is available here and here. SEC Commissioner Michael S. Piwowar released a statement today applauding their actions. Full text is below. Statement Regarding Repeal of Indemnification Requirement Commissioner Michael S. Piwowar Dec. 8,…
Here is the full proposed Volcker Rule and here is the fact sheet. Hat Tip: The Conglomerate