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Stock Market & Financial Investment News

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January 9, 2014
06:40 EDTZIONRegulators consider Volcker exemption for smaller banks' CDOs, Bloomberg says
U.S. financial regulators are trying to determine how they can let some smaller banks keep certain collateralized debt obligations that lenders said they’d have to divest under Volcker Rule trading restrictions, sources say, reports Bloomberg. The federal agencies are considering giving the banks grandfathering protection or other means to hold onto the securities and have yet to decide how to do it, sources added. Reference Link
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