The FDIC, the Federal Reserve Board, the Office of the Comptroller of the Currency, the SEC and the CFTC proposed excluding certain community banks from the Volcker Rule. In addition, the proposal would permit a banking entity to share a name with a covered fund that it organizes and offers under certain circumstances. The proposal would amend the regulations implementing the Volcker Rule, consistent with the statutory amendments made pursuant to Sections 203 and 204 of the Economic Growth, Regulatory Relief and Consumer Protection Act. More available from the Cadwalader Cabinet here.