Milbank Financial Institutions Regulation partner Douglas Landy was quoted in a Financial Times article that discussed The Office of the Comptroller of the Currency initiating the process of reviewing and simplifying the Volcker rule by asking banks for feedback on how it is working. Mr. Landy comments, “[The OCC move] is the first step in a long journey. I would suspect banks are pleased they have the opportunity to share their experience publicly in ways they have only been able to do privately so far.”
