Schapiro works on Volcker rule right up to the end

12/12/2012 | Bloomberg · Wall Street Journal, The

Securities and Exchange Commission Chairman Mary Schapiro has been spending the last days of her term -- Friday is her final day -- meeting with regulators to resolve concerns about the Volcker rule, the Dodd-Frank measure that curbs banks' proprietary trading. But her exit could stall the SEC's movement on the issue and render her recent work on this and other rules moot. Ira Hammerman, general counsel at SIFMA, is optimistic that commissioners will be able to finalize the Volcker rule and other swaps regulations. Learn more at SIFMA's Volcker Rule Resource Center.

View Full Article in:

Bloomberg · Wall Street Journal, The

Published in Brief: