Treasury Secretary Jack Lew vowed Thursday that regulators will release a strict version of a long-awaited regulation that would ban proprietary trading and investment in hedge and equity funds by banks.
Treasury's Lew: Volcker Rule Will Be 'Tough'
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports (including archive)
- Morning Scan Plus e‑newsletter
- Full access to 2016: The Candidates, the Issues