The Securities Industry and Financial Markets Association (SIFMA) submitted comments to Federal regulators yesterday regarding the proposed Volcker rule provisions on ABS and insurance-linked securities (ILS).  The Volcker Rule was added by Section 619 of the Dodd-Frank Act.

SIFMA provided comments to the Comptroller of the Currency, the Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corp., the Securities and Exchange Commission, and the Commodity Futures Trading Commission on proposed rules implementing the Bank Holding Co. Act of 1956 (the Volcker Rule).

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