Federal Reserve Bank of San Francisco

Agencies Reviewing Treatment of Collateralized Debt Obligations Backed by Trust Preferred Securities under Final Rules Implementing the “Volcker Rule”

Author(s): Federal Reserve Bank of San Francisco

January 3, 2014

On Friday, December 27, 2013, the Federal Reserve Board issued SR 13-25, Interagency Statement Regarding the Treatment of Certain Collateralized Debt Obligations Backed by Trust Preferred Securities under the Volcker Rule.

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