Mnuchin orders regulators to examine Volcker rule

US Treasury secretary Steven Mnuchin orders  regulatory agencies to investigate a softening of the Volcker rule.

Academics warn over unwinding resolution mechanisms

US professors warn that unwinding resolution mechanisms designed to deal with failing banks quickly will not limit too-big-to-fail or prevent excessive risk taking. Justin Pugsley reports 

Hensarling hits back at Times article over Financial Choice Act

Jeb Hensarling attacks New York Times article claiming the Financial Choice Act makes bank failures more dangerous for the financial system.

CFTC moves to better protect whistleblowers

Whistleblowers to be better protected from retaliation by their employers thanks to new powers given to the CFTC.

Mnuchin rules out breaking up largest banks

Administration has no plans to break up the biggest banks, says US Treasury secretary.

CFTC moves into the fintech age

CFTC looks to become more fintech-friendly as it seeks to digitise its rule book. 

Ending Dodd-Frank could save $35bn over 10 years says White House

White Houses identifies $35bn of savings over 10 years from abolishing Dodd-Frank.

Financial reform likely to be in small steps

US financial reforms likely to be evolutionary rather than happening in a big bang moment

US firms given extension on uncleared margin rules for Europe trades

US firms trading over-the-counter uncleared derivatives in Europe given a deadline extension by the CFTC.

Fed’s Powell calls for regulatory review

Federal Reserve governor Jerome Powell says there is a strong case to revise parts of Dodd-Frank while protecting the core of the rules.

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