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Volcker Rule Not Seen Ready By July Deadline

Federal Reserve Chairman Ben Bernanke told the House Financial Services Committee that the Volcker Rule will not likely be ready by its July 21 deadline, and offered no new date.

  • 01 Mar 2012

Federal Reserve Chairman Ben Bernanke told the House Financial Services Committee that the Volcker Rule will not likely be ready by its July 21 deadline, and offered no new date. Banks have a two-year period to comply with the law once it is finalized.

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