Search
 

Volcker Rule CDO Limits Eased

Regulators announce they'll allow banks to keep certain CDOs; banks avoid losses and CDO market avoids mass selloff. CLOs remain off-limits.

By Jesse Hamilton and Cheyenne Hopkins, Bloomberg | Updated on January 14, 2014

U.S. regulators will grant banks an exemption from Volcker Rule limits for collateralized debt obligations (CDOs) composed mostly of small-bank securities, according to a statement from regulators today.

The adjustment to the rule would allow banks to keep CDOs backed by trust-preferred securities (TruPS) established before May 19, 2010, and obtained by Dec. 10, 2013, five financial agencies said in a joint news release.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.