Letter to Congress: AFR Opposes New Exemptions to the Volcker Rule, Calls on Committee to Reject HR 4096
“On behalf of Americans for Financial Reform, we are writing here to express our opposition to HR 4096, the “Investor Clarity and Bank Parity Act”, as it is currently drafted. HR 4096 would create a new exemption to Volcker Rule restrictions on naming practices for investment funds advised by banks or their affiliates. “