Please ensure Javascript is enabled for purposes of website accessibility

Federal Reserve Proposes Loosening Rules on Bank Investments

WASHINGTON — The Federal Reserve approved a proposal Thursday to loosen a financial-crisis era rule that prevents banks from investing in venture capital funds. The proposal would affect the so-called “Volcker Rule," which was created after the 2008 financial meltdown. The rule bars banks from trading with government-insured deposits in an effort...

Search