U.S. regulators set to begin examinations of Volcker rule compliance, Thomson Reuters

Mayra Rodríguez Valladares, a managing principal at MRV Associates, a regulatory consulting firm in New York, said it was hard to tell whether institutions are truly complying with the Volcker rule if the findings of the metrics reporting process are not being disclosed to the public.

“I think the whole requirement to make the banks comply with the Volcker rule is a complete waste of time to the banks and the bank regulators unless the metrics are made public,” said Valladares.

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