Date: April 28, 2014

Issue: Volcker Rule 

To: House of Representatives

Filing Type: Hill

Description: H.R. 4167 would correct a major issue stemming from the regulations implementing Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, known as the “Volcker Rule.” This bill would prevent the unnecessary fire sale of existing collateralized loan obligations (CLOs), which would depress the existing CLO market and raise the cost of capital for thousands of American businesses. Passage of H.R. 4167 would also allow regulators the opportunity to fix the adverse impacts of the Volcker Rule upon thousands of Main Street businesses.

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