Bank Stocks Surge As Regulators Ease Volcker Rule, Morgan Stanley Jumps Over 2%
TOPLINE
Bank stocks surged after federal regulators on Thursday announced they plan to roll back post-financial crisis restrictions, including the Volcker Rule which prevent banks from making large investments into certain funds.
U.S. regulators are continuing their push to roll back restrictions instituted in the wake of the … [+] 2008 financial crisis.
Eduardo Munoz-Alvarez/VIEWpress via…