Volcker Rule

The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill.

Proposed changes to Dodd-Frank's ban on proprietary trading are unnecessary and put the markets at risk.

Federal Reserve Chairman Jerome Powell said the agency has its hand full between proposals on liquidity and capital requirements and additional mandates made by the recently enacted regulatory relief law.

Democratic CFTC commissioner Rostin Behnam said Monday that the proposed changes to the proprietary trading ban go too far.

No surprises expected from the annual Fed reviews; Elad Roisman is seen as the pick to replace Michael Piwowar on the panel.

Further legislative reform will face resistance, but it could still happen.

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With a lighter compliance burden, small banks could shift tech spending to customer-facing innovation.

The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon.

The plan, which the Federal Reserve Board approved Wednesday, would tailor compliance programs for banks based on their trading volume and revise definitions to help banks determine which trades are banned.