Date: December 3, 2013
Issue: Volcker Rule
To: Board of Governors of the Federal Reserve, Federal Deposit Insurance Corporation, Securities and Exchange Commission,Comptroller of the Currency, Commodity Futures Trading Commission
Filing Type: Regulatory
Description: The Chamber joined four other trade association to send a group letter to the agencies responsible for the joint rule requesting a re-proposal. There are potential consequences of the Volcker Rule as now proposed that may negatively impact business growth and job creation. The letter strongly urges the agencies to thoroughly evaluate the impact of additional regulation on American businesses and the broader economy, and believe that a re-proposal of the Volcker Rule will help the agencies achieve that goal.