26.02.2015 - Yellen: Fed to Issue Bank Commodity Rules This Year
Federal Reserve Chairwoman Janet Yellen said Wednesday that the Fed plans to propose new rules this year relating to banks’ activities in physical- commodity markets, such as aluminum and oil. The Fed has been engaged in “a careful review” of the activities it has permitted, Ms. Yellen told the House Financial Services Committee during the second day of her semiannual monetary policy testimony. “With respect to the concerns they raise about safety and soundness, we are likely to propose new rules during this year,” Ms. Yellen said...............................................Full Article: Source
Print