Cephas: Volcker Rule Could Improve Stability Of Financial System



Oct. 20 (Bloomberg) — Derrick Cephas, head of the Financial Institutions Regulatory practice group at Weil Gotshal & Manges LLP, talks with Bloomberg Law’s Lee Pacchia about the recently proposed version of the Volcker Rule and the future of regulations governing the United States banking system. Mr. Cephas is the former President and CEO of Amalgamated Bank and previously served as the Superintendent of Banks for the State of New York.