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Fed Agencies Will Consider Comments on Volcker Rule Modifications Following Expiration of Comment Period
April 03, 2020
WASHINGTON, April 3 -- The Federal Reserve issued the following banking and consumer regulatory policy document:

Five federal financial regulatory agencies on Thursday announced that they will consider comments submitted before May 1, 2020, on their proposal to modify the Volcker rule's general prohibition on banking entities investing in or sponsoring hedge funds or private equity funds--known as "covered funds."

The agencies will continue to consider comment . . .

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