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Comptroller: Some regulations no longer serve intended purpose
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Banking, Corporate Governance, Financial Stability, Legislation, Volcker Rule
Tuesday, April 7, 2015
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At the American Bankers Association’s Mutual Community Bank Conference, Comptroller of the Currency Thomas Curry told attendees that the OCC was looking for ways to help community banks and thrifts by eliminating or streamlining regulations that are needlessly burdensome. Under the Dodd-Frank Act, authority over federal savings associations was transferred to the OCC.
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