Bloomberg News

FDIC Board to Consider Volcker Rule at Oct. 11 Meeting

October 05, 2011

Oct. 5 (Bloomberg) -- The Federal Deposit Insurance Corp. board is scheduled to consider a notice of proposed rulemaking on the Volcker rule to restrict proprietary trading by banks at a meeting next week.

Discussion of the interagency rule, part of the FDIC’s rulemaking under the Dodd-Frank Act, was included in the agenda for the Oct. 11 meeting that was released by the agency.

To contact the reporter on this story: Gregory Mott in Washington at gmott1@bloomberg.net

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net


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