4.1.20
On Wednesday, April 1, SFA submitted a letter to the Federal Reserve, Federal Deposit Insurance Corporation, Commodity Futures Trading Commission, Securities and Exchange Commission, and Office of the Comptroller of the Currency on their recent Volcker Rule proposal. Within the letter, SFA applauded the efforts of the agencies for clarifying and streamlining the compliance of the Volcker Rule, but recommends a number of measures the agencies can take to allow for securitization-related activities that the Volcker Rule was never meant to impede.
Read our letter here.