News bites: Final draft for Volcker Rule

As soon as this week, regulators will begin to review a final draft of the highly anticipated Volcker Rule, the Dodd-Frank provision barring banks that get federal backing from engaging in risky trading practices, The Wall Street Journal reports.

The Federal Housing Finance Agency (FHFA) issued new guidance that would end fees and commissions that bowers are charged when their lender force-places home insurance due to a lapsed policy, according to Reuters.

The latest stop on the Environmental Protection Agency’s regulatory listening tour drew clashing viewpoints on proposed rules to limit emissions from coal plants, according to the St. Louis Post-Dispatch.

The Consumer Financial Protection Bureau is launching an effort to crack down on the nation’s burgeoning bill collection industry, RegWatch reports.

More from RegWatch:

A federal appeals court ordered the Food and Drug Administration to adhere to its deadline for implementing a sweeping new set of food safety regulations.

The Commodity Futures Trading Commission voted to propose revamped regulations to limit speculating positions on for a host of futures contracts.

FDA Commissioner Margaret Hamburg said upcoming calorie labeling regulations are proving more difficult to implement than was anticipated.

The Federal Deposit Insurance Corp. issued draft regulations barring major defaulters and bad actors from buying back assets from companies in liquidation.

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