BloombergTV: SIFMA CEO Says Volcker Overhaul a ‘Positive Proposal’

SIFMA President and CEO Kenneth E. Bentsen, Jr. discusses the impact of proposed changes to the Volcker Rule on markets with Bloomberg’s Shery Ahn and David Westin on “Bloomberg Markets: Balance of Power.”

Kenneth E. Bentsen, Jr. noted the Proposal is “trying to get the rule more closely aligned to what Congress intended in the first place, and to make sure we’re having banks fully facilitate the markets and customers in the markets to the benefit of the broader economy.”  (Source: BloombergTV)

See also: SIFMA Statement on Proposed Rulemaking on the Volcker Rule – May 30, 2018