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Bank Watchdogs To Explore Volcker Exemption After ABA Suit

By Daniel Wilson ( January 2, 2014, 5:58 PM EST) -- Federal financial regulators announced last week that they will consider exempting certain "trust-preferred" collateralized debt obligations from the so-called Volcker Rule, the Dodd-Frank Act's ban on proprietary trading by banks, after the industry sued over the CDOs' inclusion in the rule....

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