Sen. Lincoln To Exempt Community Banks From Swaps Spinoff Bill (Wall Street Journal)

Senator Lincoln is backing down slightly from originally proposed derivatives amendment.  Its still far from reality in my opinion, but we’re getting there.

“The fact the [legislation] is so broad-reaching may cause problems for small banks that already have capital constraints and are also not budgeting for the legal ramifications of this,” said Kevin McPartland, a senior analyst at TABB Group.

Full article at Wall Street Journal Professional

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