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Wall Street Lobby Groups Seek To Loosen Volcker's Grasp

By Sindhu Sundar ( January 13, 2014, 5:58 PM EST) -- A number of Wall Street lobby groups are asking regulators to tweak a provision of the Volcker Rule to allow banks to own certain collateralized loan obligation debt securities issued by financial firms, including hedge funds and private equity funds, the groups said Monday....

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