House Committee on Financial Services Hearing: Impact of the Volcker Rule on Job Creators, Part I

The House Committee on Financial Services held a hearing to examine the impact of the Volcker Rule on the U.S. economy and its capital markets.  The hearing, among other things, investigated the effect of the Volcker Rule on the ability of financial institutions to own tranches of collateralized debt obligations backed by trust preferred securities, and how H.R. 3819, the Fairness for Community Job Creators Act, would modify the Volcker Rule’s applicability to financial institutions that hold such ownership interests.

The following witnesses testified:

See:  Archived Webcast of Hearing; SIFMA Press Release.

 

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