READ: The 71 pg. Volcker Rule Draft Regulations
courtesy of NYT
The Volcker Rule is the keystone of the most sweeping overhaul of financial regulation since the Depression. The rule imposes some requirements that are tougher than the banks had hoped.
Keep Your Expectations for the Volcker Rule Low
The banking and securities regulators would like us to think they can rein in the country's biggest financial institutions. They can't even tame a bunch of nosy journalists. Public expectations for how the Volcker rule plays out in the years to come will be and should be low.