Volcker Rule May Be Scrapped

24 Feb 2010

The so-called Volcker Rule, which would bar commercial banks from proprietary trading, is said to have been cut from a proposed financial regulatory reform bill.

The so-called Volcker Rule, which would bar commercial banks from proprietary trading, is said to have been cut from a proposed financial regulatory reform bill. The rule, named after the former Federal Reserve Chairman Paul Volcker who developed it, and proposed by President Barack Obama ...

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