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Agencies plan to ease limits on banks' short-term trading

By JESSE HAMILTON AND BEN BAIN BLOOMBERG NEWS

This article was published May 16, 2018 at 1:56 a.m.

Wall Street is poised to get a big reprieve from the Volcker Rule, as U.S. agencies prepare to scrap a restrictive presumption that most short-term trades violate the post-crisis regulation, three people with knowledge of the matter said.

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