Despite derivatives reform being the primary cause for
debate, the private equity industry is concerned about the
impact of the Senate bill.
When the Volcker rule first emerged, people dismissed it
a little. But it increasingly looks like it is going to happen.
It will be costly for the banks to disentangle the
relationships, said a private equity partner in New
In January, many felt the Volcker rule was a statement of
intent that would be amended and softened because private