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US banks to see easing of Volcker Rule's hedge fund curbs in upcoming proposal

By Neil Roland ( January 22, 2020, 18:11 GMT | Insight) -- US banks would get a loosening of Volcker Rule restrictions on their investments in hedge funds and private equity funds under a federal proposal due to be issued by the end of March, US Comptroller of the Currency Joseph Otting said. “On a lot of things, we went way too far, and this brings us back to the middle on covered funds,” he said.  US banks would get a loosening of Volcker Rule restrictions on their investments in hedge funds and private equity funds under a federal proposal due to be issued by the end of March, US Comptroller of the Currency Joseph Otting said today....

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