New rules press banks to sell CMBS

Sep 04, 2015

"You can't take an allotment of bonds as an underwriting position unless down the line you believe you have the ability to place it in a reasonable amount of time under Volcker." 

— Scott Cammarn comments in Reuters on the impact of the Volcker Rule on banks looking to hold bonds, and sell them at a later date and more desirable price.

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