Aug
29

Congresswoman Presses Regulators on Volcker Rule Data

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Representative Carolyn B. Maloney is requesting a host of information related to granular trading data.CreditSeth Wenig/Associated Press

A senior Democrat on the House Financial Services Committee is pressing regulators to share two years of market data they have collected in connection with the Volcker Rule, a provision of the Dodd-Frank Act intended to rein in banks’ risky trading and investments.

Representative Carolyn B. Maloney, Democrat of New York, sent a letter to regulators on Monday requesting information about certain quantitative trading metrics that the agencies had been collecting since before regulators prohibited banks from making risky bets with their own money last July…

Congresswoman Presses Regulators on Volcker Rule Data

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