Volcker to be implemented through trial and error, expert warns

Howie Margolin at KPMG

The implementation of the Volcker rule aspect of the US Dodd-Frank Act will be done through a trial and error process, according to one legal expert.

Charles Horn, a Washington DC-based partner at law firm Morrison & Foerster, points out that US regulators are unclear whether the data they will be collecting from institutions under the new rule will be relevant.

"The proposed rule requires the collection and reporting of large amounts of data to support banks' permitted underwriting, market

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: