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The House Financial Services Committee held a full committee hearing to examine the impact of the Volcker Rule. Committee Members discussed topics such as how regulators will resolve potential conflicts in interpreting compliance with the Volcker Rule, as well as why collateralized loan obligations ("CLOs") have not been exempted from the Volcker Rule's prohibitions along with the Agencies' interim final regulation that permits ownership of collateralized debt obligations ("CDOs") backed by trust-preferred securities ("TruPS"). Click here to view a summary of the hearing by Delta Strategy