We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
CLOs: Covered By Volcker Rule or Not?
- Abstract
The article examines the implementation by U.S. financial regulatory agencies of the Volcker Rule, a regulation authorized by the Dodd-Frank Wall Street Reform & Consumer Protection Act. The possibility that the rule banning proprietary securities trading by banks will be applied to their holdings of collateralized loan obligation (CLO) derivative securities is discussed. Lobbying by banking and securities industry trade association seeking to exempt CLOs from the rule is discussed.
- Subjects
UNITED States; VOLCKER Rule (U.S.); SECURITIES trading laws; BANKING laws; COLLATERALIZED loan obligations; DERIVATIVE securities laws; UNITED States politics &; government, 2009-2017; LAW
- Publication
Strategic Finance, 2014, Vol 95, Issue 11, p24
- ISSN
1524-833X
- Publication type
Article