SIFMA Statement on Fed's Volcker Rule Conformance Period Extension
December 18, 2014
December 18, 2014
NEW YORK, Dec. 18 -- The Securities Industry and Financial Markets Association issued the following news release:
Today, SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO on the Federal Reserve's announcement to extend the Volcker Rule conformance period through July 2017 for covered funds:
"We welcome the Federal Reserve Board's action today to extend the conformance period for banking entities' covered funds activities . . .
Today, SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO on the Federal Reserve's announcement to extend the Volcker Rule conformance period through July 2017 for covered funds:
"We welcome the Federal Reserve Board's action today to extend the conformance period for banking entities' covered funds activities . . .