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WASHINGTON The American Bankers Association plans to challenge the Volcker Rule in court unless regulators immediately suspend portions of the controversial regulation that restrict certain collateralized debt obligations of trust-preferred securities.
December 23 -
The Independent Community Bankers of America and the American Association of Bank Directors warned regulators that the Volcker Rule will force banks to lower capital to dangerously low levels.
December 19 -
In the space of just a few hours, regulators issued -- and banks condemned -- guidance meant to clarify the impact of the Volcker Rule on small institutions.
December 19
Banking regulators have until Monday to respond to a lawsuit filed by the American Bankers Association over the Volcker Rule.
The ABA on Tuesday
Regulators originally had until Friday to file their response. They asked the court earlier this week to extend the deadline until Jan. 10 but were given only a few extra days instead. The extension until Monday was reported by